1879$10 gold question

Comments

• Jaywalker Posts: 122

  April 26, 2005 3:49AM

  The $10 Liberty contains .48375 ounce of gold. So with gold at, say, $435 an ounce, the 10 Lib contains about $210 worth of gold.
  
  I have heard that 10 Libs have been counterfeited, but I haven't heard or seen much about common date 10 Libs being counterfeited. Not sure if it would be worth the effort for a counterfeiter. Other members probably can tell you more about that risk.
  
  As far as the price, I have been buying these for about $225 to $235 or so at shows. If you live close to a city where shows are held, you can probably get a better selection and possibly even a better price at a show.

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• RYK Posts: 35,800 ✭✭✭✭✭

  April 26, 2005 3:49AM

  There are tons of fakes. It is a common date. In circ condition, it is not worth much more than its bullion content, about 1/2 ounce of gold. I would probably pass. If one is not sure what one is doing, he/she should only buy certified gold or gold from a seller who will back up the purchase.

  My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

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• 08HALA20 Posts: 3,066 ✭✭✭

  April 26, 2005 3:57AM

  "If one is not sure what one is doing, he/she should only buy certified gold or gold from a seller who will back up the purchase."
  
  Just what I was thinking RYK.
  
  Joe

  EBAY AUCTIONS

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• PerryHall Posts: 46,854 ✭✭✭✭✭

  April 26, 2005 4:04AM

  If I were you I would hold out for a nice high end AU piece. They only cost a little over melt for the common dates.

  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

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