1845 $5 Gold Liberty

StopMotion

Hey Guys,
I'm debating on purchasing a 1845 $5 Liberty from my local coin dealer. The reason I'm really interested, is because it has a huge Die Break on the M of (America) forming like a triangle and another Break on the R. Is this a known variety?

He wants $250 for it and it probably grades around AU.

What do you think?
SM

fc

fc

250 is very fair. pull the trigger. on ebay it would easily fetch
225 if truly problem free with no interesting features.

well 225 if slabbed. raw 200.

fc

condition wise does it look like this? pcgs au55.. i like as a solid 53.

Coxe

Here's the only 1845 US coin I can recall having owned. Sold it though.



edited to add> could have sworn the topic was just "1845". Oh well.

SilverEagles92

<< <i>250 is very fair. pull the trigger. on ebay it would easily fetch
225 if truly problem free with no interesting features.

well 225 if slabbed. raw 200. >>


I agree. $250 is a very nice price. Grab it up!

StopMotion

<< <i>condition wise does it look like this? pcgs au55.. i like as a solid 53.
>>



I'd say yes.
SM

fc

buy it, if you are not happy with it PM me with some pics ;-)

i like die cracks too, especially monster ones. i also need an 1845p.

:-)

TomB

If it is an attractive coin then you should have already purchased it at that level.

StopMotion

<< <i>If it is an attractive coin then you should have already purchased it at that level. >>


He said he'd hold it, it may have been cleaned and that's another reason I wanted to think about it and wanted to see if the Die Breaks made up for the cleaning, if it turns out to be cleaned.
SM

CharlotteDude

I would have an 1845 coin, but the Charlotte mint was closed that year, due to a fire in '44!!

C'dude

DaveG

No, die breaks don't "make up" for the coin having been cleaned.

There are few enough collectors of gold coins (even no-motto Liberty gold coins) and even fewer who pay attention to varieties. (By the way, die breaks don't make a "variety" in gold coins.)

However, many collectors of no-motto Liberty gold coins do prefer their coins to be as "original" as possible, so signs of abrasive cleaning or dipping are significant problems for them.

Take a good look at the coin - if you don't think it would get into a PCGS or NGC slab, then I'd pass and wait for a nicer coin.

StopMotion

<< <i>No, die breaks don't "make up" for the coin having been cleaned.

There are few enough collectors of gold coins (even no-motto Liberty gold coins) and even fewer who pay attention to varieties. (By the way, die breaks don't make a "variety" in gold coins.)

However, many collectors of no-motto Liberty gold coins do prefer their coins to be as "original" as possible, so signs of abrasive cleaning or dipping are significant problems for them.

Take a good look at the coin - if you don't think it would get into a PCGS or NGC slab, then I'd pass and wait for a nicer coin. >>



Thanks for the great info DaveG! Just what I wanted to hear.
SM