1909 Liberty Head quarter eagle???
wallst32
Posts: 513 ✭✭
A family member recently reached out to me about a "gold coin wrist bracelet" they inherited - "is there any additional value to have the coins cut out, or is it just melt value?"
I suggested it was most likely the latter, unless the coins happened to be a scarce and desired stamp they could potentially still have some collectible value. After seeing photos, it turns out the coins are "1909 Liberty Head quarter eagles' - but they stopped making these in 1907, and transitioned to the Indian Head. Any thoughts on what these might be? Are they simply novelty items specifically created with a non-existent date?
Just to give some more background, this family member had inherited a small collection of nothing but gold eagles and over the years I helped them get the coins graded by PCGS - they all passed authenticity and unaltered checks - and we're talking about 2-3 dozen coins. I was consulted not for my knowledge in coins, but for collectibles in general, and the grading, authentication, insurance, resale markets etc (I'm a member here more so for PSA). When I first heard about the bracelet I was thinking no doubt they'll be legitimate coins based on the source.
Comments
That coin is a counterfeit and is only worth melt value. This design was last used in 1907. The 1909 quarter eagles are all of the Indian head design.
Worry is the interest you pay on a debt you may not owe.
Yeah, it’s just a design motif and not a genuine US Mint product. So it’s just worth bullion. I remember someone posted a similar jewelry piece last year as well. Must have been pretty popular.
TurtleCat Gold Dollars
Bracelet marked Karat gold? Need to just get them to a coin shop to have them examined for the gold content of the coins, if any. May be just plated....get them checked out.
If they are real gold and the shop would buy, I'd sell in a heart beat. Not much demand for fake coins.
bob
Thanks for the quick feedback. Yeah I do question the makeup of the "coins" now so I'll advise the bracelet be taken to a jeweler or gold/coin dealer to assess.
Although I never knew or met the original owner of the coins and bracelet just surprised they'd have such an item based on the rest of their collection - but this might have just been a fun novelty item they kept around.
They may or may not have some gold content, but they absolutely are not US Mint products.
In honor of the memory of Cpl. Michael E. Thompson
It makes no sense that anyone would go to the considerable effort to create the "coins" out of gold. It'd be far simpler to just use actual coins. I would suspect that these have little if any actual gold.
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't an optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....
Likely just gold plated.... Perhaps the links are 14Kt.... A jeweler will be able to authenticate/appraise it. Cheers, RickO