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Major Find at the Baltimore Show - An 1813 Half Eagle

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  • Baylor8670Baylor8670 Posts: 124 ✭✭✭

    A lot of gold coins were melted in the 1830s and 1930s.

    Hopefully, not in the 2030s though.

  • jonathanbjonathanb Posts: 3,658 ✭✭✭✭✭

    @MFeld said:
    That’s a very vague “rating”. The image looks like it was professionally shot and the coin looks Almost Uncirculated to me.

    I may be mistaken but the reverse looks to me like it's from a 1811 coin while the obverse is dated 1813.

    Based on that, I would sooner say that this is fraudulent rather than professional.

  • MsMorrisineMsMorrisine Posts: 33,572 ✭✭✭✭✭

    with definite, large "steps" in value between grades, i agree it would need to be graded

    we're not here to sell services, and for lesser coins we sometimes suggest that the lesser coins can be sold without grading

    there is a pcgs grading office in europe

    but most of the times you don't get to return a coin if it grades too low

    as for the resale, it is difficult to predict the future of the coin market. we have many new people asking about coins as an investment. we also tell them the same thing. sometimes you win, sometimes you lose.

    i hop more old gold experts see this. many don't get past the first few posts when an old forum thread is use over a new one

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,572 ✭✭✭✭✭

    having it professionally graded is the only authenticity verification that is trustable. and if the coin later turns out to be a fake pcgs will buy it back from you

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • TomBTomB Posts: 21,502 ✭✭✭✭✭

    This won't read kindly, but it's true...@Mido1986 you are either trolling the forum or are incredibly ignorant about these coins. It's up to you which is true.

    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • @TomB said:
    This won't read kindly, but it's true...@Mido1986 you are either trolling the forum or are incredibly ignorant about these coins. It's up to you which is true.

    You think I have time to make a fake profile and troll because I'm bored.
    I'm ignorant of US coins as I don't have any, but I have a great understanding of pamp, krugerrand, perth mint, etc

  • jonathanbjonathanb Posts: 3,658 ✭✭✭✭✭
    edited February 8, 2025 10:58AM

    @Mido1986 said:

    @TomB said:
    This won't read kindly, but it's true...@Mido1986 you are either trollin> You think I have time to make a fake profile and troll because I'm bored.

    @Mido1986 said:

    @TomB said:
    This won't read kindly, but it's true...@Mido1986 you are either trolling the forum or are incredibly ignorant about these coins. It's up to you which is true.

    You think I have time to make a fake profile and troll because I'm bored.
    I'm ignorant of US coins as I don't have any, but I have a great understanding of pamp, krugerrand, perth mint, etc

    I can't speak for Tom but I think that based on your posts in this thread where you have made 4-5 statements so far that are absolutely typical of people who are trolls or ignorant. Or people who have already been scammed.

    If you don't know the difference, then I feel sorry for you and I fear that you're heading for an unpleasant surprise when you try to sell whatever you think you've bought.

  • it's okay if you think I came to troll, my only question was whether it is worth paying this much money for a coin, I would buy the coin and leave it as I leave the rest of the gold that I buy for my children when they come of age, I didn't come here to sell you this coin, but to buy it for myself and before that I just wanted your opinion.
    good night

  • MsMorrisineMsMorrisine Posts: 33,572 ✭✭✭✭✭

    get off his back

    it's ok to ask questions as a first timer and he could easily have 11k to spend even though he's new

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BillJonesBillJones Posts: 34,260 ✭✭✭✭✭

    @Mido1986 said:
    it's okay if you think I came to troll, my only question was whether it is worth paying this much money for a coin, I would buy the coin and leave it as I leave the rest of the gold that I buy for my children when they come of age, I didn't come here to sell you this coin, but to buy it for myself and before that I just wanted your opinion.
    good night

    As a long time collector and retired dealer, I don't want to troll you at all. I just want to give you a few facts.

    The 1813 half eagle is the most common date for this design. It's the piece that type collectors flock to buy. The design continued into the 1820s. All of the dates from that time range from very scarce to rare and unobtainable.

    I started this string in 2006, but don't remember much about it. The tag on this picture shows that I took it in 2006. This may have been the coin I had when I was a dealer. I no longer have it. I sold it many years ago.

    Here's the piece that in my collection now. Our hosts graded it MS-62.

    If you are collector, buying coins like this is great, if you have the hobby funds. Buying a coin like this as an investment is questionable, especially if you have no experiece as a collector.

    As for the picture, the coin might be okay, but I'm not sure. The picture appeas to be a little over exposed, and that can hide problems. Overexposure can hide scratches, which I have learned the hard way.

    I would say that you shouldn't buy something this unless you have seen it in person, and have gotten some advice from an experieced observer. If you are strictly into it for investment, I'd be careful. I've bought better coins like this and seen the prices go down. Since I tend to keep things in my collection for long periods, I've seen prices recover. That's the way it is for collectors.

    As the late investment advisor, Malcum Forbes, once said, "Collectors buy well." He said "always," but that's not "always" true.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • UncleJoeUncleJoe Posts: 2,544 ✭✭✭

    Does anyone else have a concern about the denticles of the subject coin?

    Joe.

  • DisneyFanDisneyFan Posts: 2,172 ✭✭✭✭✭

    @BillJones said:

    Here's the piece that in my collection now. Our hosts graded it MS-62.

    If you are collector, buying coins like this is great, if you have the hobby funds. Buying a coin like this as an investment is questionable, especially if you have no experience as a collector.

    What a nice coin, Bill!

  • tcollectstcollects Posts: 1,098 ✭✭✭✭✭

    I was waiting for Bill's wise words, and cool upgrade, a true numismatist

  • Glen2022Glen2022 Posts: 947 ✭✭✭✭

    Wouldn't it have been better to open a new thread, rather than activate a 20-year-old thread?

  • logger7logger7 Posts: 8,641 ✭✭✭✭✭

    It's tough to find nice gradable Bust material. Ten or so years ago Jon at Scarsdale Coin had some raw Bust gold coins, no one dared to stretch on those as they were not in top tier holders. At the next show I asked Jon how he made out. He said they all graded high, so an apparent lost opportunity for those who had the confidence.

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