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Do you think this double eagle will grade?

There are a couple of pin scratches at the base of liberty’s neck....I think it might go AU...

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  • logger7logger7 Posts: 8,502 ✭✭✭✭✭

    Probably would grade AU.

  • Cougar1978Cougar1978 Posts: 8,173 ✭✭✭✭✭
    edited June 15, 2019 6:36AM

    Send it in - even if AU or details Holder buyers know it’s authenic.

    From the photo - AU50.

    Coins & Currency
  • IndulgerIndulger Posts: 139 ✭✭✭

    @PerryHall said:
    The more important question is does it make sense to have this coin graded? Will the cost of getting it graded be greater or less that the increase in value of this coin in a slab?

    Good point!

  • StuartStuart Posts: 9,761 ✭✭✭✭✭

    I agree with @PerryHall ‘s following quoted post — Why bother?

    @PerryHall said:
    The more important question is does it make sense to have this coin graded? Will the cost of getting it graded be greater or less that the increase in value of this coin in a slab?


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • ChrisH821ChrisH821 Posts: 6,465 ✭✭✭✭✭

    I don't know.. the reverse looks like it might have had a light polish.

    Collector, occasional seller

  • IndulgerIndulger Posts: 139 ✭✭✭

    @ChrisH821 said:
    I don't know.. the reverse looks like it might have had a light polish.

    Bought it raw years ago, gave it an acetone bath(really made it look nice!)...but who knows. Doesn’t look cleaned to me. Here’s some different pics:

  • ChrisH821ChrisH821 Posts: 6,465 ✭✭✭✭✭

    The upper right, maybe it's just the photo, but that area looks too 'shiny'.
    Still a nice chunk of gold. :)

    Collector, occasional seller

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    For that coin, authenticity is all that matters.

  • johnny9434johnny9434 Posts: 28,270 ✭✭✭✭✭

    au seems right to me as well

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Getting that gold looked at by a TPGS is not for the grade but for the authentication.

    Many non-experienced, non-expert, or non-whatever gold coin buyers will buy a nicely priced slabbed gold (authenticated) coin versus raw. Ease of mind for a buyer and a easy sell for a seller.

    1.9c opinion

  • PerryHallPerryHall Posts: 46,084 ✭✭✭✭✭
    edited June 15, 2019 10:38AM

    For many gold coins that are heavily counterfeited such as gold dollars, Indian quarter eagles, three dollar gold coins, etc, I agree that slabbing for authenticity makes sense but I've never seen a well circulated and bag marked common date double eagle such as this from the 1880's that was a counterfeit. That coin will easily sell raw at bullion price levels which is what it's worth to any coin dealer who deals in gold coins. Also, with that scratch on Liberty's bust there's a good chance it won't strait grade.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I agree with @PerryHall ... authentication would be the only benefit to slabbing... and it may not grade... better to sell it as bullion....Cheers, RickO

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