First steps

Jeffrey89

I apologize first for stumbling around and asking a question that may have been posted before. I recently inherited 7 US gold coins, have done some online sniffing around, they do appear to be uncirculated coins, 1895, 1899, 1915 $2.5 and $1 and $5 pieces on very fine grade. Here in NYC, what is best to get a quick, accurate, honest (and all of these characteristics may not be at once achievable!) appraisal of what I own. Thanks for your time.

Hemispherical

Welcome to the forums @Jeffrey89.

Generally, for the gold (precious medal) coins there will be two types of values (premiums)

-Precious metal content
-Numismatic

The PM premium is just the melt/spot price of the gold content which occurs if the coin is damaged/mishandled.

The numismatic premium is the value of the coin itself: rarity, grade, appearance (not been messed with, scratched, damaged, touched, etc.), and other factors.

Therefore, finding a good numismatic appraiser is extremely important and not just a gold dealer.

Recommend that you pose your question in the US Coin forum and include cropped, clear pics of the coins. You should get a lot of assistance there.

https://forums.collectors.com/categories/u-s-coin-forum

Namvet69

If you are patient, you could do research yourself using lots of reference links on the web. Numismatic value generally means condition is important along with mintage #. Since you gold coins only, use the Google, plenty of prior and current sales will give you a better idea. Peace Roy