I need some help on two old gold coins. 1856 $5 Liberty and 1912 $2.5 Indian

jessewvu · May 28, 2013 11:39AM

My grandmother gave me a group of coins to look at and price out. I think the 1912 is about a $200-$250 coin and the 1856 is about a $450-$500 coin.

Can anyone give me a rough grade and associated value?

KeyLargoRareCoins · May 28, 2013 11:42AM

The 1856 appears to have had a harsh cleaning in the past so I do not think it would grade. The 1912 looks like it might be alright and would sell for around 300 pretty easy although I dont think its worth grading but just my opinion. There are some much better gold experts here though so see what they have to say as I could be completely wrong

CuKevin · May 28, 2013 11:53AM

I agree that the 1856 has been cleaned and it looks to me like the 1912 has been also IMO.

stealer · May 28, 2013 11:57AM

The QE appears to be genuine and not cleaned, but also not worth slabbing IMO. Low-end AU.

jessewvu · May 28, 2013 12:01PM

Thanks for the comments everyone!

PerryHall · May 28, 2013 9:54PM

Both appear to be EF45. I don't see any evidence of cleaning other than being dipped. Circulated gold under a strong light usually show many light hairlines from being in circulation.

ricko · May 28, 2013 11:44PM

I agree with PerryHall....nice old coins but not worth slabbing...Cheers, RickO

kwmorgan · May 29, 2013 1:03PM

About a month back, I sold a PCGS 1856-S vf-25 for $450...so I think you are in the ballpark price wise. It funded a very nice toned 1885-S in ms-62. Only reason for slabbing I can think of is for authenticity. I know I won't touch old US gold unless it is PCGS or NGC slabbed. Too much room for counterfeit otherwise.

I need some help on two old gold coins. 1856 $5 Liberty and 1912 $2.5 Indian

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