Neighbor Found Late Husband's Gold - Opinions?

coinundrum · January 27, 2019 9:34AM

Long story short, the lady next door's husband passed away a few years ago. She was cleaning and found a bag full of coins. Mostly peace dollars. There were two gold pieces. I don't know much about gold coins, but these do weigh properly. They don't look to me to have 100+ years of patina, so maybe they've been cleaned? Anyway, here are some pics. Any ideas how she could sell them for a reasonable amount. What should she reasonably expect for these?

https://imgur.com/gallery/V173a6L

Thanks for any help you all are willing to provide. She's a great neighbor and I want to help her!

Kkathyl · January 27, 2019 9:39AM

She can go to local coin dealer and see what he will offer

coinundrum · January 27, 2019 9:47AM

To be clear, there are 2 coins:
1. LIBERTY HEAD $10 - 1894
2. LIBERTY HEAD $20 - 1907

Hemispherical · January 27, 2019 9:54AM

@coinundrum said:
Long story short, the lady next door's husband passed away a few years ago. She was cleaning and found a bag full of coins. Mostly peace dollars. There were two gold pieces. I don't know much about gold coins, but these do weigh properly. They don't look to me to have 100+ years of patina, so maybe they've been cleaned? Anyway, here are some pics. Any ideas how she could sell them for a reasonable amount. What should she reasonably expect for these?

https://imgur.com/gallery/V173a6L

Thanks for any help you all are willing to provide. She's a great neighbor and I want to help her!

OP pics:

Stuart · January 27, 2019 11:21AM

I’ll comment on the The 1907 $20 Liberty Double Eagle with respect to the following👇edited OP’s photos.

The coin appears to be an attractive high-end AU-55 to 58, probably lightly wiped or cleaned, based on the different appearing mint luster between the unprotected & protected areas of the coin that are circled in the following photos, in addition to possibly a polished Miss Liberty profile (face & cheek).

I hope this is helpful...

AUandAG · January 27, 2019 11:31AM

Certainly values can be researched on completed ebay sales. Pretty easy to give her an idea of retail. She should expect less obviously.

bob

PerryHall · January 27, 2019 12:01PM

Common dates. Cleaned, polished. Melt value.

JohnnyCache · January 27, 2019 12:49PM

Likely be offered somewhere between $1695 ~ $1850, depending on spot at the time.

coinundrum · January 27, 2019 1:32PM

Thanks for the replies so far. Took these to a local pawn shop (LCS is closed, so I'll try to take them there this week) and was told that these were cleaned. Offer was spot - 20 percent. No doubt we can do better than that.

MsMorrisine · January 27, 2019 1:54PM

you can do better than spot - 20%

Swampboy · January 27, 2019 2:16PM

As of today

spot for an ounce of gold -20%
@$1,308.80 = $1,047.04

Gold in Twenty dollar eagle
$1,260.45 -20% =$965.16

thanks @derryb

derryb · January 27, 2019 2:39PM

@Swampboy said:
As of today

spot for an ounce of gold -20%
@$1,308.80 = $1,047.04

Gold in Twenty dollar eagle
$1,206.45 -20% =$965.16

based on current spot, gold content in the $20 is $1260 not $1206. gold content of the $10 is $630

VanHalen · January 27, 2019 2:51PM

There's a website called coinflation dot com that gives you quick, up-to-date melt values on gold and silver coins. I have found it to be a reliable quick reference guide.

You've got about $1900 in gold in those two coins. While they do appear to be a bit "polished up", I've seen far worse so don't take much under melt value. 20% back of melt is way too low, that's damn near $400! Best of luck and thanks for helping out your neighbor.

OPA · January 27, 2019 2:53PM

what derry said....

with luck you might get spot for those 2 cleaned common date "bullion coins"...roughly $1,900 or on a good day: spot -5% ($1,820)

coinundrum · January 27, 2019 3:08PM

@VanHalen said:
There's a website called coinflation dot com that gives you quick, up-to-date melt values on gold and silver coins. I have found it to be a reliable quick reference guide.

You've got about $1900 in gold in those two coins. While they do appear to be a bit "polished up", I've seen far worse so don't take much under melt value. 20% back of melt is way too low, that's damn near $400! Best of luck and thanks for helping out your neighbor.

Thanks! Oddly enough, I was just looking at that very site! Agree, 20% back is way too low. I'd write a check for that!

Swampboy · January 27, 2019 3:17PM

@derryb said:

@Swampboy said:
As of today

spot for an ounce of gold -20%
@$1,308.80 = $1,047.04

Gold in Twenty dollar eagle
$1,206.45 -20% =$965.16

based on current spot, gold content in the $20 is $1260 not $1206. gold content of the $10 is $630

Thanks
Typo I'll fix that

asheland · January 27, 2019 3:49PM

@PerryHall said:
Common dates. Cleaned, polished. Melt value.

Agree. That sums it up. The closer to spot you can get, the better.

blitzdude · January 27, 2019 5:23PM

What's up with the denticles @ 7 o'clock on the obverse of that $10 Lib?

Timbuk3 · January 27, 2019 5:41PM

Good luck !!!

rte592 · January 28, 2019 6:09AM

Looking at past results from the bay....
Less the 13% in fees.
Spot -10 is the about the average
(if the deal doesn't go south)

TwoSides2aCoin · January 28, 2019 8:09AM

I'll bid $1950.

coinundrum · January 28, 2019 8:38PM

@TwoSides2aCoin said:
I'll bid $1950.

PM sent!

ricko · January 29, 2019 10:58AM

Very nice of you to help your neighbor....stay away from that pawn shop...I am sure you will get better offers right here or the BST...Good luck, Cheers, RickO

Smudge · January 30, 2019 5:11PM

Maybe just hang on to it. A little gold is nice to have.

Neighbor Found Late Husband's Gold - Opinions?

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