1857 S $3 Gold question

08HALA20 · September 20, 2008 12:41PM

I understand that thier are many counterfiet $3 gold coins and one should buy from a trusted dealer or
buy one certified.

This 1857 S is an NCS VF details Graffiti on reverse.

What would be a reasonable price for this one and is it worth buying or
better to find a "No Problem" example.

I am thinking closer to F than VF. What do you think?

Joe

thatboyaintright · September 20, 2008 1:05PM

There are so many things that would scare me off this coin !
1) Graffiti reverse
2) Uneven Wear on date
3)Heavily counterfeited & not certified
4) Color looks off

I wouldn't touch it .

Coinosaurus · September 20, 2008 1:08PM

It's in an NCS holder, it is genuine.

But, stay away from problem coins - you automatically eliminate like 80% of the collecting public when you try to resell (unless the coin is exceptionally rare, which this is not).

commoncents05 · September 20, 2008 1:09PM

Solid VF details, but buy a problem free coin.

-Paul

RYK · September 20, 2008 1:09PM

I would pass on it for the reasons previously stated.

Longacre · September 20, 2008 1:14PM

Wait for a better example. I would not sticker that coin with the grafitti.

08HALA20 · September 20, 2008 2:16PM

Thanks everyone for the comments.

Sounds like very good advice.

I need to get to more shows to see more coins.

Baystate show coming up soon, can't wait.

Joe

GoldenEyeNumismatics · September 21, 2008 11:20AM

That piece would be properly priced around $600. A problem free is probably closer to $1,000.

08HALA20 · September 21, 2008 11:49AM

<< <i>That piece would be properly priced around $600. A problem free is probably closer to $1,000. >>

Good call.

It sold for $632.5 including BP.

Joe

CharlotteDude · September 23, 2008 9:59AM

I've owned the 1857-S $3 in AU grade. The date is typically weak, esp on the "8 & 5". This coin looks genuine... color is fine, although the "x" would cause me to pass on it.

'dude

1857 S $3 Gold question

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