My first venture into Early Gold

pcgscacgold

This is my first purchase of an Early Gold coin (will need a few others for the gold type set). I saw it on the DWN site and kept returning to see if it had sold. I am a collector/hobbyist and willing to pay a premium for quality. After a very short email with Doug, I decided to acquire it.

Some here may not agree (I am ok with that, we all have our preferences) but I think this would stand tall against the other eight 58CAC's and even some 63CAC's. It has that freshly minted look that I like. As many have seen, I am not a dirty gold guy. I like luster and this one spoke to me. I can't wait to see it in hand. I was going to do a guess the grade but I have a feeling many here saw the coin (and passed on it thankfully).

alaura22

Very Nice coin
Congrats

JonBrand83

Congrats. Definitely seems to show good luster.

Mr_Spud

That’s a great coin!

CoffeeTime

Nice addition to your gold type set

LukeMarshall

I’m no expert on early gold, but have to agree I could see this in a MS grade…

Curious if any early gold experts can speak to the wear / current grade.

pmh1nic

My favor Half Eagle design. Very nice coin. Enjoy!

Pedzola

Congrats! It's a great looking coin! Doug's description was effusive, and I trust him as the expert.

I sold an 1808 in 61 recently, and I think your coin looks nicer, more original.

I would like to get another one of this type for my own collection eventually. Capped bust gold seems to be especially tough over the past year.

If this coin had a little more color I would have been all over it for my own set. But I can appreciate some nice clean gold. Nice pickup!

TomB

I note that you posted you are not a dirty gold guy, but even though I love dirty gold I still think this coin is fabulous. It appears to have original mint frost and does not look like it has had its surfaces worked. I love the coin and think it is a terrific example of the series.

streeter

I think Everytime you look at this coin in the years ahead, you will always like it.
Very nice pick up.

pcgscacgold

Thanks @streeter This is the centerpiece of my collection.

Thanks @TomB The originality caught my eye. We are similar but opposite. When you post dirty gold I love it too.

I guess I got lucky @Pedzola that it was just shy of the color you desired. I delayed buying it so it would have been gone otherwise.

@pmh1nic I agree. I collect Classic Heads because I love that design but this may just take over for me.

@LukeMarshall Doug notes a slight luster break on the Obv field. I will probably see it in hand.

Thanks @alaura22 , @CoffeeTime and @Mr_Spud .

Thanks @JonBrand83 This is my life after $2.50 Indian collecting. Sold off that 1914D that you owned before me.

SCT

I was tempted myself. This is an excellent coin.

pcgscacgold

@SCT said:
I was tempted myself. This is an excellent coin.

Thanks. I am lucky you did not act on those temptations.

logger7

How would you read the coin based on the grade? The reverse looks Unc. the obverse seems to have a touch of friction but it doesn't look like a coin that ever circulated. My guess is it sold for 62-63 money.

oih82w8

That's a sweetheart!

Grantu

Great pickup!

kaz

Like many others, I too had admired that coin on DWN's site. Congratulations!

crazyhounddog

Congratulations on such a superb addition 👌

Stingray63

Congrats! All that matters is that you like it. Although I do too. Enjoy it.

johnny9434

Indeed that is a nice coin to have, congrats

pcgscacgold

For those still looking for this date, Legend has an 1811 $5 58CAC available (but I think mine is better ) There are only eight 58CAC's and 2 were for sale at the same time. Crazy.

Here is the TrueView. I really don't think it does it justice. It looks very flat or dull.

Yorkshireman

I also considered it, but am glad you took It away.

pcgscacgold

Thanks @oih82w8 From the comments above it is a good thing I can't wait either.

Thanks @Grantu . I can't wait to see the proof set as you build it. I do want a gold proof at some point.

Thanks @kaz @crazyhounddog and @johnny9434 I appreciate the comments.

@Stingray63 I do really like it. Maybe not as much as a 63 Stingray but enough

pcgscacgold

@Yorkshireman said:
I also considered it, but am glad you took It away.

Glad I could help you out with that. I wanted it the minute I saw it but left it there for over a week so others could have it.

Yorkshireman

@pcgscacgold said:

@Yorkshireman said:
I also considered it, but am glad you took It away.

Glad I could help you out with that. I wanted it the minute I saw it but left it there for over a week so others could have it.

Crazy or not, I want an 1812…

steveben

i like the coin. the true view looks good to me. nothing beats in hand. congrats! now you just need a turban and a skinny chicken.

pcgscacgold

@Yorkshireman said:

@pcgscacgold said:

@Yorkshireman said:
I also considered it, but am glad you took It away.

Glad I could help you out with that. I wanted it the minute I saw it but left it there for over a week so others could have it.

Crazy or not, I want an 1812…

Not crazy at all, I want one too.

pursuitofliberty

Gorgeous example for the type! Great frost, well struck and centered, no real distractions and appears to be the graded correctly and very solid for that. Love it!

Heck of a way to start out! Congrat's!!

pcgscacgold

@steveben said:
i like the coin. the true view looks good to me. nothing beats in hand. congrats! now you just need a turban and a skinny chicken.

Thanks, were you looking at my want list?

pcgscacgold

@pursuitofliberty said:
Gorgeous example for the type! Great frost, well struck and centered, no real distractions and appears to be the graded correctly and very solid for that. Love it!

Heck of a way to start out! Congrat's!!

I agree. Sometimes old gold is given a "break" when graded. This one earned the grade it got.

logger7

Pretty design in historical gold. I prefer the design on the 1813 though.

ricko

@pcgscacgold .... Very nice gold coin.... still has luster and super detail. Cheers, RickO

pcgscacgold

@logger7 said:
Pretty design in historical gold. I prefer the design on the 1813 though.

My plan is to get that one next. My type set needed both.

Cougar1978

Wow really nice 1811 $5!

skier07

Beautiful coin.

My favorite design is the fathead. The 1813 is the most affordable. They’re available but finding a nice one will be challenging.

ElmerFusterpuck

One of my favorite early gold designs, since it matches my favorite coin series that Capped bust halves. You got a very nice coin for sure. One day I'll get one for my collection.

LanceNewmanOCC

nice op images and a wonderful half eagle.

Goldminers

I wish I had started collecting with these. Better late, than never. Sell the new, buy the old.

Just an amazing, nice early gold example that had to be carefully protected for 211 years!

One of those $5 coins in your pocket was like a $100+ dollar bill now days.

pcgscacgold

@Goldminers I also wish I had started with Early gold. So much history here. Now I have to find a good book on Early gold.

Lazybones

Excellent choice!

Goldminers

@pcgscacgold said:
@Goldminers I also wish I had started with Early gold. So much history here. Now I have to find a good book on Early gold.

I moved into some $10 Indians and a handful of $10 Denver Liberty's and few Swiss, British, French, and Belgian small gold coins from the 1800's and early 1900's the past few years, as modern gold has become less desirable to me.

When I sell most my modern stuff the next couple years some of those funds will go looking for just real nice early coins, just like your example. That is also why I moved into National Commemoratives of the US Mint and other so-called medal varieties as they are much more fun to learn about and harder to collect.

ParadimeCoins

great coin and from a great dealer. the luster looks abundant!

Bullsitter

@pcgscacgold said:
@Goldminers I also wish I had started with Early gold. So much history here. Now I have to find a good book on Early gold.

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I found this one very informative.

pcgscacgold

Thanks @Bullsitter
Exactly what I am looking for.

asheland

Congrats! Excellent pick up!

Bullsitter

@pcgscacgold said:
Thanks @Bullsitter
Exactly what I am looking for.

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The book has about 600 pages. Here's pages 338 & 339 describing your new piece.

pcgscacgold

Thanks @Bullsitter and you posted a great coin on the "keystone" thread. Just amazing. I hope to find one as nice.

BryceM

Fabulous coin. Be careful. Early gold is sooooo very cool, but also addictive. Pricing in this part of the market has been nuts lately.

pcgscacgold

@BryceM said:
Fabulous coin. Be careful. Early gold is sooooo very cool, but also addictive. Pricing in this part of the market has been nuts lately.

Found that out quickly

pcgscacgold

@ParadimeCoins said:
great coin and from a great dealer. the luster looks abundant!

Thanks Shannon. Means a lot coming from you.

Treashunt

@Goldminers said:
I

One of those $5 coins in your pocket was like a $100+ dollar bill now days.

Okay, Okay.

I'll give you $100 for it.

What's fair is fair.