There are some board members who know early gold....just be careful none of them scoop you I would ask Tom ("Mrearlygold") and RYK ("RYK") in a PM about the piece. There are others as well, but I would hit them up in a PM to see.
It is PCGS, so you have any guarantee (as long as it isn't mechanical error or something retroactively changed, which is unlikely) and you have the CAC sticker meaning JA has seen it and likes it.
This coin has been on eBay for a loooong time due to it being considerably overpriced. If you're looking to spend ~$6K on early gold, I'd wait until you're comfortable spending a bit more and go for a piece in XF40 or higher in the $7K range. While comparatively scarce to most US coins, the 1803/2 is one of the more common early $5s so you'll have plenty to choose from if you wait a bit.
Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
I saw the coin. For me, there is not enough detail. For not that much more money, relatively speaking, you could buy an XF-40 or 45 that will be far more pleasing to you and more likely the next owner, too.
This coin has been off & on Ebay for months. There's an 1806 in an NGC F12 holder that's been CAC'd also, which has churned on Ebay for about the same amount of time. Looking at both coins, I'm not quite sure what the folks at CAC were thinking when they pressed those green beans on. While the 1803/2 looks better than the 1806, they both look ho-hum. Like RYK said, if you're going to pay that kind of money, get something with better detail and more natural-looking surfaces. The Heritage 1803/2 in RYK's post is gorgeous. Coins like that may be few between, but they're out there.
<< <i>This coin has been off & on Ebay for months. There's an 1806 in an NGC F12 holder that's been CAC'd also, which has churned on Ebay for about the same amount of time. Looking at both coins, I'm not quite sure what the folks at CAC were thinking when they pressed those green beans on. While the 1803/2 looks better than the 1806, they both look ho-hum. Like RYK said, if you're going to pay that kind of money, get something with better detail and more natural-looking surfaces. The Heritage 1803/2 in RYK's post is gorgeous. Coins like that may be few between, but they're out there.
regards,
'dude >>
I recall first seeing this 1803/2 around March of last year - both of them have definitely been around for ages and unsold, with their price just being slowly chipped away until someone bites.
Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
Yes, those are some nice examples probably costing twice or thrice what the OP linked example is advertised for. (or, alternatively, bought long long ago)
What would be the advice for someone on a budget of say 5000 who wanted one of these? The main choices seem to be sacrifice detail such as the linked one in Fine, sacrifice "problem free" status and get a detailed piece with a cleaning or other defect, or sacrifice time and just save save save (and not buy much else in the meantime, maybe)
<< <i>Yes, those are some nice examples probably costing twice or thrice what the OP linked example is advertised for. (or, alternatively, bought long long ago)
What would be the advice for someone on a budget of say 5000 who wanted one of these? The main choices seem to be sacrifice detail such as the linked one in Fine, sacrifice "problem free" status and get a detailed piece with a cleaning or other defect, or sacrifice time and just save save save (and not buy much else in the meantime, maybe)
Or do without entirely? >>
Baley,
Personal preference, of course, but I think that these coins look really fabulous in F or VF. You hit the key in waiting for a problem free coin, which could take some time. It will be worth it because the coin with have a fabulous history and should have the classy look of a nicely worn gold coin. Also, the price spread between a problem-free F of VF and a nice XF or AU is not as large as you think--$5,000 will get you a nice example, but it will take some patience.
Comments
Looks like a nice piece.
Don't know about the value.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
I would ask Tom ("Mrearlygold") and RYK ("RYK") in a PM about the piece. There are others as well, but I would hit them up in a PM to see.
It is PCGS, so you have any guarantee (as long as it isn't mechanical error or something retroactively changed, which is unlikely) and you have the CAC sticker meaning JA has seen it and likes it.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Are the details more consistent with a VF20?
This one sold for $7300 last month, for example.
regards,
'dude
<< <i>This coin has been off & on Ebay for months. There's an 1806 in an NGC F12 holder that's been CAC'd also, which has churned on Ebay for about the same amount of time. Looking at both coins, I'm not quite sure what the folks at CAC were thinking when they pressed those green beans on. While the 1803/2 looks better than the 1806, they both look ho-hum. Like RYK said, if you're going to pay that kind of money, get something with better detail and more natural-looking surfaces. The Heritage 1803/2 in RYK's post is gorgeous. Coins like that may be few between, but they're out there.
regards,
'dude >>
I recall first seeing this 1803/2 around March of last year - both of them have definitely been around for ages and unsold, with their price just being slowly chipped away until someone bites.
'dude
here's mine:
<< <i>Great look on your coin, RYK. Here's another looker...
I don't know if I've ever seen an image of that overdate that shows it as clearly as your image does. Just beautiful.
And congrats to the owners of all of the early $5's in this thread -- some very nice coins here.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
What would be the advice for someone on a budget of say 5000 who wanted one of these? The main choices seem to be sacrifice detail such as the linked one in Fine, sacrifice "problem free" status and get a detailed piece with a cleaning or other defect, or sacrifice time and just save save save (and not buy much else in the meantime, maybe)
Or do without entirely?
Liberty: Parent of Science & Industry
<< <i>Those are some sweet overdates!
no kidding, i always was impartial to them as well
<< <i>Yes, those are some nice examples probably costing twice or thrice what the OP linked example is advertised for. (or, alternatively, bought long long ago)
What would be the advice for someone on a budget of say 5000 who wanted one of these? The main choices seem to be sacrifice detail such as the linked one in Fine, sacrifice "problem free" status and get a detailed piece with a cleaning or other defect, or sacrifice time and just save save save (and not buy much else in the meantime, maybe)
Or do without entirely? >>
Baley,
Personal preference, of course, but I think that these coins look really fabulous in F or VF. You hit the key in waiting for a problem free coin, which could take some time. It will be worth it because the coin with have a fabulous history and should have the classy look of a nicely worn gold coin. Also, the price spread between a problem-free F of VF and a nice XF or AU is not as large as you think--$5,000 will get you a nice example, but it will take some patience.
Don