1899 half eagle, gold. Another of my favorites.
Riley1955
Posts: 136 ✭✭✭
Riley1955
Posts: 136 ✭✭✭
Riley1955
Posts: 136 ✭✭✭
Comments
Nice coin! Looks in the high AU range to me. Im new at grading, just throwing it out there before others jump in.
Successful BST transactions with....Coinslave87, ChrisH821, Walkerguy21D, SanctionII.......................Received "You Suck" award 02/18/23
Looks to me like XF45... Still a nice gold coin that has done commercial duty. Cheers, RickO
Gold is good. It's nice to have coins like that.
In honor of the memory of Cpl. Michael E. Thompson
Looks XF to my eyes. Congratulations 👍
Nice looking coin, agree with XF
XF range
Common date circulated pre-1933 US gold is a great way to accumulate some gold as bullion. Be careful though since there's a lot of fake gold coins in the marketplace and some are very good. Your coin looks like an original XF45 coin that's problem free with nice detail and most importantly, it's authentic.
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
Is this a coin worth grading "if" I was thinking of selling?
Getting it slabbed by PCGS or NGC wouldn't add enough value to be cost effective.
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
When considering to grade a coin for resale, I like to evaluate the possible upside of doing so.
Identify the coin, and assign an approximate grade (better to be conservative here)
Compare sold prices of similar graded examples, to similar examples that are raw
Evaluate all potential fees associated with grading i.e.: Grading Fee, submission fee, shipping, insurance, attribution, turnaround time? etc. , then subtract all those costs from the estimated net proceeds from selling the graded coin. If the resulting amount exceeds the average sale price of a raw example, then it may be beneficial to have the coin graded.
With this coin, I think it would be unlikely for you to recoup the total investment, but it depends how you plan to sell the coin. If you were going to list it on eBay, It might be better if its authenticated which always helps with liquidity. If you're selling to another knowledgeable collector or a dealer, they might offer you an appropriate amount for the coin raw where it wouldn't make sense to spend the money on grading.
Founder- Peak Rarities
Website
Instagram
Facebook
What sources do you guys recommend for "sold prices of similar graded examples, to similar examples that are raw."
Check the APMEX web site for real retail selling prices. They are currently selling common date Liberty $5 gold coins in XF for $563. This is a retail price and a dealer will offer less. If you want to sell it, you can try our BST Forum (Buy, Sell, and Trade Forum).
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
https://www.pcgs.com/auctionprices
Your coin is an XF common date half eagle, no need to get it slabbed... Depending on your location you should be able to pick up something similar for a small premium over bullion value(Currently $451). Locally I will be offered a price under $500 for that same coin. Cool way to add some old gold to your stack at a price similar to modern gold eagle coins.
And welcome to the Coin Forum...
Mark
That's a nice XF40-45! The only reason to get it slabbed would be for preservation and/or Trueview images. It wouldn't add any value really, but it would make it more marketable if you ever plan on selling it. (If it straight grades)
I found a half eagle on Ebay!
How much would it cost to get it slabbed by PCGS to get the true views and the cost of insured shipping each way?
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
this is a great way of deciding whether or not to slab a coin. Thank you.
Nice coin and welcome to the forums! 👍
A very similar coin to yours is what got me back into the hobby in 2007.
I’m very fond of those for that reason. Kinda wish I had that original coin back for the sentimental reasons.
My YouTube Channel
I sold it long ago, probably within a year or two of buying it. It was PCGS MS62
My YouTube Channel
You already know the answer, I'm sure, but it would be $40 for regular grading, $5 for Trueview, and around $30 shipping/ins. both ways - so $75 or so.
It was more of a rhetorical question. Grading wouldn't add $75 of value to the value as a raw coin.
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
Absolutely true. It would only serve to add protection, and the Trueview would be nice to have for ID purposes in case of loss/theft. I have submitted coins specifically for this purpose, but that's just me. I totally understand that most folks submit for monetary reasons, in hopes that it grades higher than they paid, to end up with a profit down the line. If that's the OP's aim, then yeah, submitting is a waste of money, no doubt.