1889 Gold Dollar: Opinions/comments please

chaze215 · October 12, 2008 1:21AM

My cousin gave me this coin today to see what I could find out about it. His grandfather worked at a bank and was able to get many coins over the years. This gold coin happened to be set aside in its own holder. I also have 2 bags of foreign coins that I plan on going thru for him as well (but those pics will be posted in the World/Ancient Forum). Opinions on grade and value would be appreciated. Thanks!

MrEureka · October 12, 2008 1:25AM

Looks real and 61/62ish.

STONE · October 12, 2008 1:28AM

I was going to say AU-55 for the grade.

chaze215 · October 12, 2008 1:29AM

<< <i>Looks real and 61/62ish. >>

There is no doubt that it is real. I am just looking for possible grades and opinion of value. Then it will be up to my cousin if he wants to go ahead and sell it or keep it for himself. Maybe a future item on BST.

darktone · October 12, 2008 1:44AM

Looks real to me too but there are some very very good counterfiets out there. I won't even buy $1 gold any more- just got too many fakes in the past.

291fifth · October 12, 2008 2:20AM

AU55, probably real, nice looking coin.

chaze215 · October 12, 2008 4:57AM

What kind of value does this coin have at this time? PCGS has a 55/60 @ $250 and $365......is this about right? At the bottom of the price guide page, there is an 1889 60 (not the CAM or DCAM......not sure how gets that designation anyway) for $2,850. Can someone explain the difference to me? Thank you!

chaze215 · October 12, 2008 10:49AM

For the night crew....

gecko109 · October 12, 2008 10:56AM

<< <i>What kind of value does this coin have at this time? PCGS has a 55/60 @ $250 and $365......is this about right? At the bottom of the price guide page, there is an 1889 60 (not the CAM or DCAM......not sure how gets that designation anyway) for $2,850. Can someone explain the difference to me? Thank you! >>

The $2,850 amount is most assuredly for the proof. Your coin apprears to be a business strike and is valued somewhere between $190-$300 depending on its real grade (which I cannot tell from your photos).

robkool · October 12, 2008 11:15AM

AU58...

chaze215 · October 12, 2008 11:15AM

Thanks gecko, I am going to try and get some better pics up so I am able to get more opinions from everyone here. Thanks again!

bidask · October 12, 2008 11:34AM

fyi, here is the same date I recently posted on the board that got a varied reponse....NGC thinks its a 66 star.

chaze215 · October 12, 2008 11:43AM

Thanks for the info bidask. Here are some better pics (I think anyway). Any other opinions?

tightbudget · October 12, 2008 11:54AM

53/55

robkool · October 12, 2008 12:05PM

AU58 1$ (Type III) Graysheet bid is about $215... Wholesale is about $200.
Let me know, I may make you an offer on it...

gecko109 · October 12, 2008 12:09PM

I dont see any obvious discoloration (rub) on the curls, head dress, or cheek. Nor do I see any on the bow on the reverse. Andy has it right, this coin appears to be 61/62. If you sell it raw, sell it as an UNC, and not an AU. You might consider spending a few bucks and send it in to be slabbed. ts a nice coin.

chaze215 · October 12, 2008 12:14PM

<< <i>AU58 1$ (Type III) Graysheet bid is about $215... Wholesale is about $200.
Let me know, I may make you an offer on it... >>

What makes this a type III as opposed to a type I or II?

gecko109 · October 12, 2008 12:18PM

Type 1 was this....

Type 2 was this...

Type 3 is yours.

robkool · October 12, 2008 12:21PM

Type 1... Liberty Head (1849-54)
Type 2... Indian Princess, small head (1854-56)
Type 3... Indian Princess, large head (1856-89)

chaze215 · October 12, 2008 9:13PM

Thanks rob.

1889 Gold Dollar: Opinions/comments please

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