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1854D $3 Gold with solder on reverse. How much is it worth?

s4nys4ny Posts: 1,573 ✭✭✭
I was following this auction on Ebay on Sunday. When I first saw the coin, it was selling below melt,
even though the 1854D $3 gold is a very rare coin.

Guess the final sales price.

image

image

Comments

  • ajmanajman Posts: 1,359 ✭✭✭
    $3060.46. image (Yes, I looked it up.)
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • s4nys4ny Posts: 1,573 ✭✭✭


    << <i>$3500 >>



    That was a great guess.

    $3060 was the sales price.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>

    << <i>$3500 >>



    That was a great guess.

    $3060 was the sales price. >>


    I did not see the ebay auction, but I am familiar with the issue and have owned one in the past.
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    That was a great deal!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    That coin can be restored.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Yeah, it could be re-minted into a gem 1853-D and look teriffic

    Liberty: Parent of Science & Industry

  • sniocsusniocsu Posts: 1,291 ✭✭✭
    Still a great, rare coin
  • stealerstealer Posts: 4,035 ✭✭✭✭


    << <i>That coin can be restored. >>


    I don't know...the metal on the right side of the reverse seems severely disturbed by the soldering process.

    Also, does the rim look smoothed to anyone else in the second image? image Not a reed in sight...
  • PerryHallPerryHall Posts: 46,842 ✭✭✭✭✭


    << <i>That coin can be restored. >>



    It'll always be an ex-jewelry coin but a skilled coin restorer like Stockton could make this coin presentable and a coin like this would certainly be worth the expense to repair it. It would look nice is a PCGS genuine slab.

    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

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,607 ✭✭✭✭✭
    It doesn't need restoring when it is what it is and it brings what it brings in the open market. (my humble opinion)
  • PerryHallPerryHall Posts: 46,842 ✭✭✭✭✭


    << <i>

    << <i>That coin can be restored. >>


    I don't know...the metal on the right side of the reverse seems severely disturbed by the soldering process.

    Also, does the rim look smoothed to anyone else in the second image? image Not a reed in sight... >>



    An expert coin restorer such as Allen Stockton (crs-stockton.com) can repair a coin such as this by removing the solder and re-engraving small areas of the coin to restore the reeds and parts of the design so that it's practically undetectable. They aren't trying to fool someone into buying a problem free coin---they are just trying to make the coin look presentable. I know this is a controversial topic but antique cars and other collectibles are restored all the time.

    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

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,607 ✭✭✭✭✭
    In light of the new "restoration" services with respect to this coin, I'll just say "gulp". The doctor knows best.
  • jmcu12jmcu12 Posts: 2,452 ✭✭✭
    I have this $3 gold that I was thinking of sending to Stockton - not nearly as nice as yours (and A LOT more solder) but I still love it since I was able to purchase it for melt and it is an S mint!

    image

    image
    Awarded latest "YOU SUCK!": June 11, 2014
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    I think back to the 1861 D gold dollar DLRC had a few years back. A nice though polished obverse, but with a central area on the reverse (including date) missing, it had been mounted as a stickpin. The large D mintmark was untouched. A prime candidate for reengraving and restoration..... I was talked out of the purchase (maybe $1100 I think) and still regret it. .......as to Stockton, I had written a letter, on paper with an envelope and stamp....outlining a restoration on a holed 1788 Ryder 19 Vermont with some rim issues. The letter was concise and I used sketches to outline the work I wanted done. -----////--- Rather unceremoniously the reply came in the form of a letter, he cut out my address from the letter and taped that onto the reply letter he sent. At the bottom of the letter he scrawled "send me an email"---/////////------
  • PerryHallPerryHall Posts: 46,842 ✭✭✭✭✭
    jmcu12---I don't think that coin can be restored---it's too far gone. Can you even see the date?

    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

  • jmcu12jmcu12 Posts: 2,452 ✭✭✭
    PH - no you cannot determine a date at all. That is sorta why I wanted to try to remove the solder.

    I could have an 1870-s and could be really rich and not even know it image - or more likely I have a common S mint, heavily damaged, $3 gold. image
    Awarded latest "YOU SUCK!": June 11, 2014
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    I dunno, still looks great !!! image
    Timbuk3
  • HoledandCreativeHoledandCreative Posts: 2,830 ✭✭✭✭✭
    A good looking 54-D if you can't find a holed one.
  • BillJonesBillJones Posts: 34,799 ✭✭✭✭✭


    << <i>jmcu12---I don't think that coin can be restored---it's too far gone. Can you even see the date? >>



    I agree. I do not think that there is much of anything to restore there. I am sorry, but I think that you would be wasting your money even Stockton if agreed to work on it, and I am not sure that they would agree to do the job.
    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 ... ?
  • PerryHallPerryHall Posts: 46,842 ✭✭✭✭✭


    << <i>

    << <i>jmcu12---I don't think that coin can be restored---it's too far gone. Can you even see the date? >>



    I agree. I do not think that there is much of anything to restore there. I am sorry, but I think that you would be wasting your money even Stockton agreed to work on it, and I am not sure that they would agree to do the job. >>



    Yup. Stockton isn't a miracle worker and would most likely turn this coin down for restoration. If the solder could be removed without further disturbing the underlying coin, it would be interesting to see if the date can be determined.

    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

  • pocketpiececommemspocketpiececommems Posts: 6,051 ✭✭✭✭✭
    How many bidders were there on this one and how often are they available on ebay?
  • s4nys4ny Posts: 1,573 ✭✭✭
    40 bids. It was below melt with 3 hours to go. Under $1000 with 35 min to go and then popped.
    Was $1677 with seconds to go. Never saw one in this condition before.

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