1909 Liberty Head quarter eagle???
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.