can anyone tell me what a $20.00 1 ounce gold liberty head proof is worth?

I recived a gold coin from a customer as a tip and i have been wondering what the value of the coin is. Can anyone help? the coin is dated 1854 but is stamped copy on the back on the eagle.

 

Log in or Sign up to hide this ad.

If it says copy, that's probably all that it is. A replica.

If it were a real 1854 O in uncirculated condition, it would be worth about $175,000, according to the Red Book.

 

Thanks guy's i really appreciate your help.

 

Thats cold hearted to tip a server with a fake gold coin

 

Once upon a time there were three policemen who collected coins...

'Cop X' didn't have a lot of numismatic knowledge, but he had considerable savings and used it to build a collection of PCGS Certified Uncirculated Large Cents...

'Cop Y' was struggling financially but had a lot of numismatic knowledge from reading and studying coins. He collected inexpensive circulated and uncirculated coins and placed them in folders and albums...

'Cop Z' was numismatically uneducated, yet financially well-off like Cop X, and he used his resources to collect NGC Certified Proof Half Dimes...

Over time, Cops X and Z used their savings to acquire many expensive and valuable coins, much to the envy of Cop Y, who had a large family, an expensive mortgage and a wife who would purchase a new outfit and a new pair of shoes every Saturday at the shopping mall.

As time passed, Cop Y began to realize that he would never have the means to acquire expensive and scarce coins like Cops X and Z, so Cop Y decided to add a few 'replica' coins to his collection, in lieu of the scarce and expensive certified coins that Cops X and Z could afford.

When Cops X and Z saw Cop Y's newly acquired replica coins, they became envious thinking that the coins were real. Cop Y didn't want to admit that his coins were replica's, but at the same time he became frustrated at the attempts by the other two policemen to buy his nice 'coins' at low ball offers.

After months of frustration, Cop Y finally decided to have his coins stamped with his name on one side. This would allow Cop Y to identify the coins that were replica's in his collection, and also discourage the other two policemen from offering to purchase coins with obvious damage.

Your coin is one of the coins from the historic collection of 'Cop Y' and is so marked. While the other policemen never had coins stamped 'COPX or COPZ', all of the replica coins of Cop Y are stamped with his name: 'COPY'.

This led to the development of the Hobby Protection Act, and today all replica coins are required to have 'COPY' stamped on one side as tribute to Cop Y for beginning the tradition of identifying replica coins.

-thecointrader

P.S. Please do not take this post seriously. I just felt like posting a numismatic fable today. Coins marked 'COPY' are only relica or tribute coins, and are not historic or valuable in a numismatic sense.

 

This is why I leave Ikes and Kennedy's in tip Jars. Welcome to the world of coins my friend.

 

That's awesome!

 

I'm so there with you. That's exactly what I was thinking... "Who DOES that? And why? Just to be mean, or...???"

Gah.

Now I feel compelled to go leave some deserving soul a nice tip somewhere...

 

Whatever the gold value of the plating is worth, maybe fifty cents to a dollar, minus the cost of recovering the gold.

 

Holy cow! A thread spanning 7 years.

 

Yeah, somebody left somebody waiting tables an insult for a tip. It was bad form 7 years ago and it still is.