If You Come Across A Polished Gold Coin...
holdtheline
Posts: 19 ✭
I took a couple of gold coins to Flying Eagle Coins in OKC yesterday and James (owner) told me one $2.50 Gold Indian was polished. So, I won't send that one in for "Genuine." I wonder what others have done when they have a genuine gold coin in hand and you know it has been whizzed, cleaned or polished: Do you go ahead and keep the coin since it is gold or "unload" it somewhere? I had a few gold coins a few years ago that I got rid of and I regret it now, not because gold is gong up but because they were gold.
So, do you keep your cleaned gold coins or sell them off? I plan on keeping mine from now on.
So, do you keep your cleaned gold coins or sell them off? I plan on keeping mine from now on.
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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
<< <i>Sell it and buy a gold coin that's already been slabbed to save yourself any further grief. >>
depends on which gold coin it is
.
2.5 Gold coin is small for this, but nothing beats having a 1 oz gold coin in your hands.
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<< <i>I took a couple of gold coins to Flying Eagle Coins in OKC yesterday and James (owner) told me one $2.50 Gold Indian was polished. So, I won't send that one in for "Genuine." I wonder what others have done when they have a genuine gold coin in hand and you know it has been whizzed, cleaned or polished: Do you go ahead and keep the coin since it is gold or "unload" it somewhere? I had a few gold coins a few years ago that I got rid of and I regret it now, not because gold is gong up but because they were gold.
So, do you keep your cleaned gold coins or sell them off? I plan on keeping mine from now on. >>
A few weeks after I found this forum I found out about whizzing and sure enough the double eagle I owned fit the description.
I took it to a local shop where I traded up for a slabbed Saint and I've never regretted that.
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<< <i>Serious question....do you golf? I sold a polished $2-1/2 Indian to a golfer once to use as a ball marker. >>
If I used a quarter eagle for a ball marker it wouldn't take long for me to loose it.
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
<< <i>Sell it and buy a gold coin that's already been slabbed to save yourself any further grief. >>
I think you have the solution. A slabbed coin is usually worth more-given it's the same type coin- and easier to sell if need be. When I go in to pick up my Gold Buffalos I'll ask James what kind of deal he can make me on a slabbed $2.50 1923 Indian. You've answered my question and there must be a lot of cleaned coins out there. And the solder on gold coins? No way to take off the solder that I know of...
<< <i>
<< <i>Sell it and buy a gold coin that's already been slabbed to save yourself any further grief. >>
I think you have the solution. A slabbed coin is usually worth more-given it's the same type coin- and easier to sell if need be. When I go in to pick up my Gold Buffalos I'll ask James what kind of deal he can make me on a slabbed $2.50 1923 Indian. You've answered my question and there must be a lot of cleaned coins out there. And the solder on gold coins? No way to take off the solder that I know of... >>
A 1923 $2.50 Indian?
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
<< <i>
<< <i>
<< <i>Sell it and buy a gold coin that's already been slabbed to save yourself any further grief. >>
I think you have the solution. A slabbed coin is usually worth more-given it's the same type coin- and easier to sell if need be. When I go in to pick up my Gold Buffalos I'll ask James what kind of deal he can make me on a slabbed $2.50 1923 Indian. You've answered my question and there must be a lot of cleaned coins out there. And the solder on gold coins? No way to take off the solder that I know of... >>
A 1923 $2.50 Indian?
It's a 1926 Indian 2.5-they didn't make 1923! I don't know why I entered 1923, I researched 1923 and thought for a moment but couldn't find it on line but then looked at the actual coin and behold it is a 1926.
<< <i>Serious question....do you golf? I sold a polished $2-1/2 Indian to a golfer once to use as a ball marker. >>
Good advice!
I've used everything from a near cull bust half to a PL Canadian silver dollar.
It's great for getting a reaction and some very good numismatic interest from my golfing group.
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<< <i>If I had a cleaned gold piece, I'd sell it and get a slabbed one thats graded. The cleaned one would bug me too much everytime I look at it >>
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