Anyone care to offer an opinion as to the value of this $20 Liberty?

jest

Anyone care to offer an opinion as to the value of this $20 Liberty. It seems the guides are all over the place in this grade. Thanks for looking, Joe

coppercoins

Oddly enough I nailed the grade before scrolling down to see that you kindly provided it for me.

Bid/ask as a type coin would be $490/$530 for EF40, $650/$700 for AU50. Somewhere in the middle would be $550/$625

On the other hand, CW Coin Values shows 1862S in EF40 at $1450 and AU50 at $1825.

Since I don't collect or deal in gold, quoting you the guides is my best effort.

coinguy1

A couple of PCGS XF45 pieces have brought in the $950 range in recent Heritage sales and a couple of others have brought considerably (roughly double) more than that.

Unfortunately, I don't know how this one compares to those.

oreville

Check Heritage's prices realized on 1862-S $20's in EF-40 in their auction archives.

If you are not a member, sign up it is free.

Numismedia's retail price of $1200 per their price guide is probably a little on the high side but it is not all that far off.

jest

<< <i>Bid/ask as a type coin would be $490/$530 for EF40, $650/$700 for AU50. Somewhere in the middle would be $550/$625
On the other hand, CW Coin Values shows 1862S in EF40 at $1450 and AU50 at $1825. >>



Yes, that's my dilemma. The guides seem to be all over the place. I have wanted this particular year and have this coin inbound but I am trying to find out if I grossly overpaid before my inspection period elapses.

Thank you for your thoughts, Joe.

kieferscoins

What did you pay?

Cameron Kiefer

kieferscoins

The auction

Cameron Kiefer

jest

I bought it on E-Pray for $1,095 plus shipping from what appears to be a very reputable seller. Joe

Auction Link

oreville

That is about what I would have expected for that coin. Hard to tell the quality of that EF-45 (XF) coin.

He priced it a little high for an opening price but in the end, no one bid against you so you came out of it ok.

Never heard of the E-pray moniker but I like it!

coppercoins

All in all it sounds like it's in the ball park with regard to the spread between the guides then what Mark said. I think you're fine.

Secondly, I have a sneaking suspition that the photos provided don't quite do the coin justice. Gold is one of the most difficult to get photos of, and these don't look like the exception.

jest

I thought the price was okay but I was only going from ebay auction realized prices. I have been watching that year and a vf25 went for $650; a vf30 went for $811; and, a vf53 went for $2,037.

Of course there is a NTC ms62 on there now for a $4,400 starting bid and a $17,000 buy it now price; but that coin scares me.
Auction Link


That exact same coin, and I mean exact as I compared slab # before the images were removed sold in July of this year on ebay for $1,576
July Auction

Thank you for all the replies, Joe.

ziggy29

Looking at auction history for this coin, it's possibly a little high but in the ballpark. Still, there don't seem to be too many distracting hits (as usually plague $20 gold), so maybe it was worth a stronger bid. If you like the coin when it arrives, it seems like a decent deal.

DaveG

Although I haven't been in the market for a Type I double eagle for a while (since prices started moving up a year or two ago), I'd say, depending on how you like the coin, that you probably did OK.

According to the current Gray Sheet, wholesale Bid for an 1862-S in XF-40 is $560 and AU-50 is $1275, while retail Trends is $1825 for an XF-45.