Options
Double Eagle 20 dollar Liberty Head (rare condition)
MichaelSimba
Posts: 2 ✭
Is this the coin everyone is looking for? You tell me. I'm from the Netherlands. My grandfather bought this coin 60 years ago. It has always been in the family, and there is still one more in the same condition. It’s been sitting in a desk drawer for 45 years. I’ve taken on the honorable task of doing some research. So, tell me—is this the valuable, pristine coin that every collector would metaphorically kill for?
1
Comments
Looks like a good cleaning has been done. Can't tell ya much more then that 🙂
If it is real, that is a somewhat common date and you would maybe get a little more than melt since it has been so harshly cleaned.
Harshly cleaned and polished. It does have .9675 Troy ounces of gold though so it's worth a little more than $3200 in gold value.
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
The coin looks silverish almost.
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
No, it is not. But feel free to send it in to PCGS. If it gets the grade, you'll get the money.
Are you thinking of the US 1894-S silver dime which has only about 9 known and most are worth over $1 million?
If so, simple-minded logic says that 10 dimes equal a dollar and this coin's denomination is worth 200 dimes. Therefore this coin should be worth over $200 million.
Reality says otherwise and this cleaned coin is relatively available and worth around gold melt value as noted above, assuming it is genuine.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
Cleaned
Assuming it is genuine (which it appears to be) it contains 0.9675 troy ounces of gold after the 10% alloy is taken out. Multiply that number times the spot price of gold and that will give you the melt value of the gold at that moment.
Expect to get approximately 96% -98% of the melt value of the gold when you sell it.
From Coinfacts:
David Akers (1975/88): In terms of both population and condition rarity, the 1894-S is a comparatively common date, virtually identical to the 1889-S, 1895-S, 1896-S, 1903-S and 1906-S. It is readily available in average uncirculated (MS-60) condition and it is only moderately scarce in choice mint state. Gems are very scarce but I have seen a fair number of them.
Yours has unfortunately been harshly cleaned...Agree with the others that say it's basically worth the gold value, and that's it.
Welcome to the forum, Michael. Many coins, especially those in Europe, were cleaned back in the day. Seems European collectors did not see that as a detriment.. However, US coin collectors hate cleaned coins. If your other coin is not yet cleaned, please leave as it is. Never mess with a coin. What is the other coin?
bob
Welcome to the forum, Michael. And you are starting your education!
Ok, cool. Thanks guys.