What would you pay?
Halfpence
Posts: 459 ✭✭✭✭
Based on these photos alone, what would you pay for this coin?
0
Halfpence
Posts: 459 ✭✭✭✭
Comments
I would be afraid it might be counterfeit so I think just $20 to risk it. Would make an interesting piece even if fake for $20.
Looks quite real to me. Common date Liberty $5 gold coin in VF30 with original and attractive surfaces. Worth $525 give or take.
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
After testing to assure it’s genuine, melt.
Please do not do this. You would either be wasting $20 or ripping someone off.
Verify authenticity and pay accordingly, which would be approximately melt value. If you can't verify authenticity or can't offer a fair amount just walk away and let someone else deal with it.
Collector, occasional seller
A little bit over melt, but not a ton, and melt value right now is approximately $421.
In honor of the memory of Cpl. Michael E. Thompson
$450ish seems right.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
$465
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I agree and would bet that it wouldn't be wasting $20. If you don't know enough to offer a fair price, pass.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
All the feedback is very helpful. It helps me orient to the real value. This coin is being sold on Offer Up for $550. Price is firm. The average value from your feedback is $456 (excluding the $20 suggestion). I think I’ll pass. Thx for the comments!
Thanks for this post @Halfpence
I enjoy reading the comments from the experts here and learn from it
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For what it's worth, I said I'd pay $465, because I think I could resell it for approximately $510.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I would not pay anything for raw gold. I would instead only buy a PCGS or NGC graded example. They are widely available and offer a means of insurance that you are not buying a fake, cleaned, etc. gold coin.
I thought the obverse had a wipe and instantly thought $450ish. A bit more if not.
bob