Home› U.S. Coin Forum

PL $1 Calif. gold. How would "you" determine the value?

granddadgranddad Posts: 966 ✭
in U.S. Coin Forum
image
image

How does everyone else place a value on such a coin. There are no specific price guides that I know of. Only the redbook "series" price is available. From there I researched the pop figures to determine an approximate mintage figure. Then researched auction prices for similar coins in the past 3 years and estrapolated a value. I came up with a range price of 1700-2000. Any opinions would be appreciated.

Have a Great Day!
Louis

Comments

  • nwcsnwcs Posts: 13,386 ✭✭✭
    There are many many fakes of California gold coins out there. Just from a glance, without looking it up, this one doesn't appear right. I could be wrong, of course.
    Blog and Pics
  • granddadgranddad Posts: 966 ✭
    This coin was purchased from Bruce Amspacher in 1983 and has been in my safety-deposit box since. Definitely not a fake.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Granddad, I don't claim to know much about California fractional gold pieces, but I do not think they are especially rare with PL surfaces.
  • eurekaeureka Posts: 250
    It's a genuine piece, attributing as BG-1119. Looks pretty nice.
    You'll get a much better price for it if it's slabbed. I see only a few scattered hairlines...nothing that would keep it out of one. Your price estimate is probably accurate.
    Collector of Fractional Gold; gold tokens from Canada, California, Alaska & other states; gold so-called dollars, and other oddball stuff.
  • granddadgranddad Posts: 966 ✭
    Thank you all for your comments.

    Louis
  • LouisLouis Posts: 3,687
    Nice coin. image

    image

    image
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Interesting coin. Definitely slab it. That you got it from Bruce makes me feel better about its provenance.
  • dimplesdimples Posts: 1,286 ✭✭✭
    Is that a cud at 2 o'clock on the reverse?

    Very nice piece
  • earlwbollingerearlwbollinger Posts: 1,304
    Very nice coin.
    Like the others stated, you really need to get it slabbed.
    There are a lot of fakes out there, and the slab authenticates it.
    I would look and see what different auctions had going for coins like this, that would give you a good idea.
    image
  • earlwbollingerearlwbollinger Posts: 1,304
    That coin got me curious and I found on Ebay this possibly fake example:
    California gold coin

    Which led to this one I really thought about bidding on, but I don't want people to think I am legitimizing it because of my bid history. I feel it is fake too.
    Maybe real maybe not
    Of course this one leaves you wondering why that area is the area of damage. Seems too much a coincidence to me.
    Maybe a coincidence

    Of course looking at all the dollar coins makes one wonder if any of the raw ones outside a "good" slab are legit or not.
    image
  • eurekaeureka Posts: 250


    << <i>That coin got me curious and I found on Ebay this possibly fake example:
    California gold coin >>



    That's a genuine non-denominated token. Made by Nathan Joseph between 1906-1920, and is 10-14k gold.



    << <i>Is that a cud at 2 o'clock on the reverse? >>



    Yes, which is the norm for this variety.

    Collector of Fractional Gold; gold tokens from Canada, California, Alaska & other states; gold so-called dollars, and other oddball stuff.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...