New Gold!!
Jcld
Posts: 449 ✭✭✭
My wife works at a shop that also buys gold and silver, she has a standing order to flag all coins that come in. This came in recently and I was able to purchase the lot at 90 percent spot. Do you think any of these are worth sending into PCGS for grading?
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what is the mm on the 92 half eagle? what is the date on the dollar?
The 92 doesn't have a mint mark and the dollar is 1874
90% of spot?
Send in QE, $10, $20 for grade.
Looks like somebody's type set.
Congrats on getting them so cheap.
Liberty: Parent of Science & Industry
The 1885 looks suspect to me.
How so, what should I be looking for?
What Col J said... I'd submit the $2 1/2, $10 & $20. The others look like avg XF/AU type.
cheers -
'dude
It just looks 'different' to me.
I'm sure it's still gold, but out of all of them, the 1885 looks the best candidate to be counterfeit.
I think the Quarter Eagle was probably in a bezel. Look at the ring impression around the rim on the obverse. Great deal on all of those! I'd probably send the Double Eagle and Eagle to PCGS for grading.
The rims are odd on many $2-1/2 quarter eagles. The only thing that worries me is the spot above the R.
Submit the $10 and the $20. Ask the person you are submitting them through what he or she thinks about the $2-1/2 Indian.
Don't submit the $2 1/2. The indent look is normal for 1925-D, but it looks like rim work above the R
90% of spot is excellent.... I would stack those... Cheers, RickO
Cool. I agree with what the others have said, but about your thread title.......
Looks like old gold to me.
True, new for me gold doesn't quite have the same ring to it.
90% of spot is a terrific price. Heck I'd buy the coins and the scrap at that price all day long
Congrats on getting them cheap???????
How about thinking of the poor customer that walked into the rip shop and sold them so cheap that the owner was willing to sell at 90% of melt when legit wholesalers will pay at least 98%.
There are many of us that run legitimate shops that pay more to the public than the OP paid.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
Actually if the person had gone through the shop they would have received 50% spot. My wife grabbed them before the owner got his paws on them and I bought them for cash on the spot.
The $1 gold piece looks like a counterfeit, but hard to tell in that picture.
The $2-1/2 and $10 look like they have the best potential premium if graded.
Can you tell me what to look for if it is in fact a counterfeit?
I can't tell on the dollar. The old obverse hub used to make some of the production dies was pretty deteriorated. And/or it may have been used in jewelry.
I agree that the $2-1/2 should go in.
Why do you think it was used in jewelry?
Just a possibility. The mushy detailing could be because it is counterfeit or because it was on a charm bracelet banging against other coins. Post a better picture and I will look at it again.
Both the $1 and $2 1/2 appear to be jewelry pieces. Both have had solder removed from top rim. Can you show the top rim of both to confirm this?
I will avoid that 'shop'
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Well it is a jewelry shop that also buys gold and silver. But yes if you want a fair price on your old gold or whatever it is to be avoided.
I will get some better pics soon. Thank you all for your comments, I am really not familiar with gold pieces in general so all of the input is very helpful