New Gold!!

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Jcld
Jcld Posts: 449 ✭✭✭
edited November 4, 2017 10:45AM in U.S. Coin Forum

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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  • steveben
    steveben Posts: 4,666 ✭✭✭✭✭
    edited November 4, 2017 10:53AM
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    what is the mm on the 92 half eagle? what is the date on the dollar?

  • Jcld
    Jcld Posts: 449 ✭✭✭
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    The 92 doesn't have a mint mark and the dollar is 1874

  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited November 4, 2017 12:13PM
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    90% of spot? :#

    Send in QE, $10, $20 for grade.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    Looks like somebody's type set.
    Congrats on getting them so cheap.

    Liberty: Parent of Science & Industry

  • DoubleEagle59
    DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
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    The 1885 looks suspect to me.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @DoubleEagle59 said:
    The 1885 looks suspect to me.

    How so, what should I be looking for?

  • CharlotteDude
    CharlotteDude Posts: 3,318 ✭✭✭✭✭
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    What Col J said... I'd submit the $2 1/2, $10 & $20. The others look like avg XF/AU type.

    cheers -

    'dude

    Got Crust....y gold?
  • DoubleEagle59
    DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
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    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.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • jtlee321
    jtlee321 Posts: 2,367 ✭✭✭✭✭
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    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.

    Justin Lee Numismatic Photography



    image
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    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.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • jwitten
    jwitten Posts: 5,420 ✭✭✭✭✭
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    Don't submit the $2 1/2. The indent look is normal for 1925-D, but it looks like rim work above the R

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    90% of spot is excellent.... I would stack those... Cheers, RickO

  • BryceM
    BryceM Posts: 11,940 ✭✭✭✭✭
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    Cool. I agree with what the others have said, but about your thread title.......

    Looks like old gold to me. :)

  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @BryceM said:
    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.

  • USMarine6
    USMarine6 Posts: 2,113 ✭✭✭✭✭
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    90% of spot is a terrific price. Heck I'd buy the coins and the scrap at that price all day long

  • BustDMs
    BustDMs Posts: 1,706 ✭✭✭✭✭
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    @Baley said:

    Congrats on getting them so cheap.

    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.

    Q: When does a collector become a numismatist?



    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.
  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @BustDMs said:

    @Baley said:

    Congrats on getting them so cheap.

    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.

    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.

  • dcarr
    dcarr Posts: 10,257 ✭✭✭✭✭
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    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.

    Moonlight Mint
  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @dcarr said:
    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?

  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    @dcarr said:
    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.

    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.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @CaptHenway said:

    @dcarr said:
    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.

    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?

  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    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.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • jwitten
    jwitten Posts: 5,420 ✭✭✭✭✭
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    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?

  • 1630Boston
    1630Boston Posts: 14,157 ✭✭✭✭✭
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    I will avoid that 'shop' :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @1630Boston said:
    I will avoid that 'shop' :smile:

    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.

  • Jcld
    Jcld Posts: 449 ✭✭✭
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    @jwitten said:
    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 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

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