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1899 half eagle, gold. Another of my favorites.

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    Shane6596Shane6596 Posts: 759 ✭✭✭✭✭

    Nice coin! Looks in the high AU range to me. Im new at grading, just throwing it out there before others jump in.

    Successful BST transactions with....Coinslave87, ChrisH821, Walkerguy21D, SanctionII.......................Received "You Suck" award 02/18/23

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Looks to me like XF45... Still a nice gold coin that has done commercial duty. Cheers, RickO

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    TomBTomB Posts: 20,737 ✭✭✭✭✭

    Gold is good. It's nice to have coins like that.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    crazyhounddogcrazyhounddog Posts: 13,817 ✭✭✭✭✭

    Looks XF to my eyes. Congratulations 👍

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
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    kazkaz Posts: 9,067 ✭✭✭✭✭

    Nice looking coin, agree with XF

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    semikeycollectorsemikeycollector Posts: 931 ✭✭✭✭✭

    XF range

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭

    Common date circulated pre-1933 US gold is a great way to accumulate some gold as bullion. Be careful though since there's a lot of fake gold coins in the marketplace and some are very good. Your coin looks like an original XF45 coin that's problem free with nice detail and most importantly, it's authentic. B)

    Worry is the interest you pay on a debt you may not owe.

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    Riley1955Riley1955 Posts: 136 ✭✭✭

    Is this a coin worth grading "if" I was thinking of selling?

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭

    @Riley1955 said:
    Is this a coin worth grading "if" I was thinking of selling?

    Getting it slabbed by PCGS or NGC wouldn't add enough value to be cost effective.

    Worry is the interest you pay on a debt you may not owe.

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    DeplorableDanDeplorableDan Posts: 2,562 ✭✭✭✭✭

    @Riley1955 said:
    Is this a coin worth grading "if" I was thinking of selling?

    When considering to grade a coin for resale, I like to evaluate the possible upside of doing so.

    1. Identify the coin, and assign an approximate grade (better to be conservative here)

    2. Compare sold prices of similar graded examples, to similar examples that are raw

    3. Evaluate all potential fees associated with grading i.e.: Grading Fee, submission fee, shipping, insurance, attribution, turnaround time? etc. , then subtract all those costs from the estimated net proceeds from selling the graded coin. If the resulting amount exceeds the average sale price of a raw example, then it may be beneficial to have the coin graded.

    With this coin, I think it would be unlikely for you to recoup the total investment, but it depends how you plan to sell the coin. If you were going to list it on eBay, It might be better if its authenticated which always helps with liquidity. If you're selling to another knowledgeable collector or a dealer, they might offer you an appropriate amount for the coin raw where it wouldn't make sense to spend the money on grading.

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    Riley1955Riley1955 Posts: 136 ✭✭✭

    What sources do you guys recommend for "sold prices of similar graded examples, to similar examples that are raw."

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭

    @Riley1955 said:
    What sources do you guys recommend for "sold prices of similar graded examples, to similar examples that are raw."

    Check the APMEX web site for real retail selling prices. They are currently selling common date Liberty $5 gold coins in XF for $563. This is a retail price and a dealer will offer less. If you want to sell it, you can try our BST Forum (Buy, Sell, and Trade Forum).

    Worry is the interest you pay on a debt you may not owe.

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    mark_dakmark_dak Posts: 1,095 ✭✭✭✭✭
    edited February 10, 2023 6:59PM

    @Riley1955 said:
    What sources do you guys recommend for "sold prices of similar graded examples, to similar examples that are raw."

    https://www.pcgs.com/auctionprices

    Your coin is an XF common date half eagle, no need to get it slabbed... Depending on your location you should be able to pick up something similar for a small premium over bullion value(Currently $451). Locally I will be offered a price under $500 for that same coin. Cool way to add some old gold to your stack at a price similar to modern gold eagle coins.

    And welcome to the Coin Forum...

    Mark

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    dsessomdsessom Posts: 2,212 ✭✭✭✭✭

    That's a nice XF40-45! The only reason to get it slabbed would be for preservation and/or Trueview images. It wouldn't add any value really, but it would make it more marketable if you ever plan on selling it. (If it straight grades)

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    dsessomdsessom Posts: 2,212 ✭✭✭✭✭

    I found a half eagle on Ebay! :D

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭

    @dsessom said:
    That's a nice XF40-45! The only reason to get it slabbed would be for preservation and/or Trueview images. It wouldn't add any value really, but it would make it more marketable if you ever plan on selling it. (If it straight grades)

    How much would it cost to get it slabbed by PCGS to get the true views and the cost of insured shipping each way?

    Worry is the interest you pay on a debt you may not owe.

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    Glen2022Glen2022 Posts: 844 ✭✭✭✭

    @DeplorableDan said:

    @Riley1955 said:
    Is this a coin worth grading "if" I was thinking of selling?

    When considering to grade a coin for resale, I like to evaluate the possible upside of doing so.

    1. Identify the coin, and assign an approximate grade (better to be conservative here)

    2. Compare sold prices of similar graded examples, to similar examples that are raw

    3. Evaluate all potential fees associated with grading i.e.: Grading Fee, submission fee, shipping, insurance, attribution, turnaround time? etc. , then subtract all those costs from the estimated net proceeds from selling the graded coin. If the resulting amount exceeds the average sale price of a raw example, then it may be beneficial to have the coin graded.

    With this coin, I think it would be unlikely for you to recoup the total investment, but it depends how you plan to sell the coin. If you were going to list it on eBay, It might be better if its authenticated which always helps with liquidity. If you're selling to another knowledgeable collector or a dealer, they might offer you an appropriate amount for the coin raw where it wouldn't make sense to spend the money on grading.

    this is a great way of deciding whether or not to slab a coin. Thank you.

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    ashelandasheland Posts: 22,694 ✭✭✭✭✭

    Nice coin and welcome to the forums! 👍

    A very similar coin to yours is what got me back into the hobby in 2007.

    I’m very fond of those for that reason. Kinda wish I had that original coin back for the sentimental reasons.

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    ashelandasheland Posts: 22,694 ✭✭✭✭✭

    I sold it long ago, probably within a year or two of buying it. It was PCGS MS62

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    dsessomdsessom Posts: 2,212 ✭✭✭✭✭

    @PerryHall said:

    @dsessom said:
    That's a nice XF40-45! The only reason to get it slabbed would be for preservation and/or Trueview images. It wouldn't add any value really, but it would make it more marketable if you ever plan on selling it. (If it straight grades)

    How much would it cost to get it slabbed by PCGS to get the true views and the cost of insured shipping each way?

    You already know the answer, I'm sure, but it would be $40 for regular grading, $5 for Trueview, and around $30 shipping/ins. both ways - so $75 or so.

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭

    @dsessom said:

    @PerryHall said:

    @dsessom said:
    That's a nice XF40-45! The only reason to get it slabbed would be for preservation and/or Trueview images. It wouldn't add any value really, but it would make it more marketable if you ever plan on selling it. (If it straight grades)

    How much would it cost to get it slabbed by PCGS to get the true views and the cost of insured shipping each way?

    You already know the answer, I'm sure, but it would be $40 for regular grading, $5 for Trueview, and around $30 shipping/ins. both ways - so $75 or so.

    It was more of a rhetorical question. Grading wouldn't add $75 of value to the value as a raw coin.

    Worry is the interest you pay on a debt you may not owe.

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    dsessomdsessom Posts: 2,212 ✭✭✭✭✭

    @PerryHall said:

    It was more of a rhetorical question. Grading wouldn't add $75 of value to the value as a raw coin.

    Absolutely true. It would only serve to add protection, and the Trueview would be nice to have for ID purposes in case of loss/theft. I have submitted coins specifically for this purpose, but that's just me. I totally understand that most folks submit for monetary reasons, in hopes that it grades higher than they paid, to end up with a profit down the line. If that's the OP's aim, then yeah, submitting is a waste of money, no doubt.

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