New to board, need advise 3 dollar gold
Insane
Posts: 27 ✭
I am new to coin collecting, and need a lot of help. I have a coin I found 40 years ago that I have had in a safe since then. I would like to have it graded by PCGS, but have no idea what grade to give it when sending it in. Maybe some of you experts could give me an opinion on the grade to list, and if you think it is worth grading. here are a few pictures if I can get them loaded, this is my first try at loading pictures.
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Comments
It's kind of hard to tell from the pics. IMO, the pics lead me to think that it may have been cleaned.
If you submit the coin without a minimum grade checked, it will get the graded determined by
PCGS, assuming it does not get body bagged. Do you have any other pics that are larger in size?
This is a series in which there are many counterfeits.
60 years into this hobby and I'm still working on my Lincoln set!
The obverse and reverse images are so different that they make it look as if you shot two different coins. Are you in an area where you can show it to someone knowledgeable for an opinion, before submitting it to PCGS?
<< <i>Even if cleaned and thus not gradeable, it would be worth getting inro a "Genuine" holder to at least assure that it is fact genuine.
This is a series in which there are many counterfeits. >>
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
Why are the two images so different?
Nice pan of color.
Don't ask for a grade. PCGS will let you know the grade. You might try to open a
Photobucket account and upload your pics there and then copy the img code and just
paste it here. They will be big enough for us to maybe help!
bob
BTW, I don't think I've ever seen a fake 56-S, so I'd say it's a pretty safe bet that the coin is worth the cost of submission to a TPG.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>I would like to have it graded by PCGS, but have no idea what grade to give it when sending it in. Maybe some of you experts could give me an opinion on the grade to list, and if you think it is worth grading. >>
I am not an expert on these but I would have it graded, even if it only comes back Genuine. You do not need to list a grade when you submit, you just need to establis a value. Price guide is $4900 in AU55, $12,000 in MS60 and $27,500 in MS63.
Just pick a value for insurance purposes, PCGS will give you the grade.
<< <i>I see no reason to think the coin is fake, although the surfaces appear to be severely impaired by either cleaning, environmental damage, a repair, or some combination of those things.
BTW, I don't think I've ever seen a fake 56-S, so I'd say it's a pretty safe bet that the coin is worth the cost of submission to a TPG. >>
Andy, based on that, would you suggest that the coin be insured for AU money, or something else?
It depends on if Insane wants to play it completely safe and doesn't mind the additional cost associated with the high valuation.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The next question is the return shipping. The break is at $15,000 whether you pay $29.95 or $49.95 for return shipping.
I guess I will have to learn the coin collecting lingo.
Thanks
Dennis
The salt water effect is what they actually grade... shipwreck effect just has a romantic sound to it.
P.S. The word salt-water (when placed together) has a forbidden word (last letter of salt and first three letters of water)... I think the forbidden word filter might be a little touchy!
Mike
<< <i>Coin was found in Kona Hawaii at magic sands beach 1972, no ship wreck, sailor must have lost it in the sand at the beach. >>
I lived in Hawaii for four years... loved it! I may have upset Pele when I removed some of the sand from the lava flow on the Big Island. One time when I was snorkeling at Magic Sands, a wave pummeled me into the sands - really hard! Regretfully, it didn't knock any sense into me! I wish I would have found a Princess then... gold or otherwise.
As a sidenote: I believe Maui was the only whaling island as part of the Hawaiian islands chain. Of all the islands, I enjoyed Midway Island the most!
<< <i>I lived in Kona for 3 years, and I understood the whalers did frequent Kailua bay, as we also found a lot of old bottles in the harbor from the old ships. I was in the salt water tropical fish business at the time and dove most everyday collecting fish. >>
I was a Navy Diver and dove all the islands. I loved the reefs and enjoyed the very large reef at Midway Island (including the reef hotel)... I even found a Japanese Zero at 90 feet between the two islands. Good times... but no gold!