4 new gold acquisitions today. Grades revealed.
goldfixer21
Posts: 133 ✭✭✭
I just picked up these today. My pics aren’t great, but in hand the luster on them is incredible, particularly on the ‘78 and ‘94. Am I wrong in thinking they’re both 65 or better?
5
Comments
They all look cleaned to me.
chopmarkedtradedollars.com
“ My pics aren’t great, but in hand the luster on them is incredible, particularly on the ‘78 and ‘94. Am I wrong in thinking they’re both 65 or better?”
Yes, @goldfixer21 , I think you’re wrong about that.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Unfortunately, to me, they do not appear to be MS65 or better.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
You would probably get a few good grades on the coins. Graders don't like hairlines though which can affect the grade a lot.
Sooner or later I'll get better at this! I bought them all below scrap value, so I'm in no danger of losing $. I know the Indian and $1 aren't high grades, just curious about the other 2.
I'm not seeing anything that looks MS. Better pics might help but I'm seeing a little wear and hairlines...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Where did you obtain the coins? I suggest having them checked out by a local dealer.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
A customer brought some gold in to scrap today, these were part of her stash.
Nice gold haul 👍👍. Always cool to pick up some gold!
Those coins do not look MS65 or better to me.
In honor of the memory of Cpl. Michael E. Thompson
The portrait of the 1894 looks counterfeit.
Love the incused Indian!
I have concerns with some of the coins, so am repeating my suggestion to have them checked out.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Gold dollar looks fake.
In today's market I would only buy raw gold if it came from a very reputable dealer who guaranteed authenticity.
I was once bit but fortunately for me the auction's T&C guaranteed authenticity so I was able to recoup my money minus the TPG fees. That's when gold was only $1000 per oz.
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maint. Crew Chief and Contracting Officer.
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Matte Proof Toned Lincoln Cents (1909 – 1916)
None of the coins are a 65 and some look fake.
Hard to tell from the pictures (they are not optimal), but I would rate (guess) as follows:
1874 $1.00: genuine, AU details, cleaned.
1878 $2.50: genuine, MS63.
1894 $2.50: genuine, MS63 to MS65 (depends on whether the cheek scuffs show up like that at every lighting angle).
1928 $2.50: genuine, MS62, possibly cleaned.
If you bought these for the gold scrap value (or less), then you did reasonably well.
.
Small gold coins such as gold dollars and quarter eagles have been very heavily counterfeited so unless you're an expert authenticator, only buy raw gold coins from a trusted source. Based on your most excellent pics, they all appear to be genuine. If you got these for melt value, you did quite well.
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
I just received grades today from our host on these 4 coins. The 1878 got MS63, the 1894 got MS65, the 1928 is MS63, and the 1874 $1 is MS 62. Over all not too shabby, I am pleased!
Dan, you nailed 3 of them on the nose!!!!!
Excellent. Shocking , too. Super kudos.
``https://ebay.us/m/KxolR5
You did very well. Congrats.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Late to the party but not surprised by the grades. I think the lighting is what made some think they were cleaned. Harsh lighting like this can have that appearance. Great coins!
Nice coins
Thanks for sharing. From all that reinforces my not buying raw gold.
Did you read the results?
Shouldn't it have the opposite effect from what you stated?
OP buys gold coins at scrap. They grade with PCGS, mintstate grades.
You would think this would "reinforces buying raw gold" instead.
Edited to add the last line.