1923 US $20 Gold Coin NGC MS 64

Thanks.

- Steven

 

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if its real, its worth a little over a $1,000.

even if its fake and made of gold, its worth whatever amount of gold it contains

 

I'm not sure I understand that statement. So as a fake, you think its worth ~$1200 (value of .9675 oz) but real its only $1000? Why would that be?

And when you question whether that's real... are you suggesting that I'm posting bogus pics, or are you suggesting my family may have been duped?

 

Is that slabbed as an MS64? There's no way that's an MS64, way too many marks on it.

 

The marks may be on the plastic, though I'm not sure. It is in a sealed plastic enclosure with the front sticker stating "1923 $20 MS 64 351217-033 (and a barcode) and the back has a holographic sticker that says, "Numismatic Guaranty Corporation of America Official Grading Service"

Sorry, I don't know a lot about this stuff.

- Steven

 

2011 redbook lists the 1923 at $2000.00 in MS63.

Current value for gold content is $1181.70, .9675 at 1221.40 an ounce

 

The problem with scans is the wash out all the details. Try to get some good, zoomed in pics of the coin with a DSLR. Also could use a pic of the slab.

 

I don't have a DSLR and the scan does away better job than the pics I tried taking with a camera.

But... can I ask... what's it matter? If it's been certified by NGS as MS 64 does it matter what it looks like? Its still sealed inside, so presumably (if they do their jobs well) it is what it is, no?

- Steven

 

Could be a fake slab. If it's real, it's worth good money... just from those pictures, the coin doesn't look like an MS64 coin.

 

well a little over a $1,000 is imo around $1200. and whatever spot is, you would be offered a little lower then that at stores.

i question if its real because, this is one of the most faked coins out. i missed the part about it being graded that high. it appears to not even be close to ms64, but like you said it must be the holder.

sorry if you were offended but, i seen all them scratches and in condition like that its worth about spot. now if its a 64, $2000 seems about right.

 

No, i wasn't offended at all. I just was trying to understand.

An if that's true that its one of the most faked coins out, well... then certainly the person that bought it could have had the wool pulled over their eyes.

But at this stage I'll presume it is legit. And if these slabs are good at protecting their contents, then I'll assume the coin is in fact an MS 64.

So thank you for your responses. The best offer I could muster (over the phone) locally was $1450. I'm not sure how I should go about actually selling it. I'm in Canada (Kelowna, BC). Maybe eBay?

- Steven

 

Ick, ebay. Try posting it on the open forum here? Or hell, Craigslist... I'd take every free venue before ebay.

 

I hear you However, looking at eBay's completed and current auctions, I think I'm more likely to get a better return even after the $52 to list/complete the auction and ~$60 for PayPal fees, at least compared to local dealers.

I didn't realize I could sell them here. I would have figured that was frowned upon. Craigslist... its meant for local usage and where I am it is severely underrepresented.

- Steven

 

You can in the Open forum, http://www.cointalk.com/f9/

 

Although I think NGC was generous with a 64 it would be on the low end of a 64 It should bring around 1400 to 1850 on Ebay if thats the way you choose to sell it as there were only 3 completed auctions 2 didn't sell but the 3rd sold for 1800 and change. There wasn't any recent NGC autions on Heritage to compare with.

 

Scans can make coins look really bad, however I must admit that the coin looks overgraded at MS64. Regardless, the bid on the coin at that grade is under $1,800.

 

Again, no expert... but would it be fair to say that a "low end" 64 still be at least equal to one certified as a 63? If so, then it should be near the 1850 mark since that's what the completed 63 went for too.

Uncompleted auctions range everywhere from 1800 to 2800, but that really means nothing.

- Steven

 

In a perfect world I guess a low end MS64 would be worth something similar to a high end MS63, but in reality the company that graded the coin, when the coin was graded, the images provided in the auction or sale and the coin itself will impact the value greatly.

 

I get you. Looking at this auction (for example) with closeup photos though, I can't really see it as being any better than the one I have and it too is graded as a 64. I imagine it was graded that way for a reason, and while I agree the coin isn't flawless, I suppose that's what 64 means (as opposed to 65, 66, etc).