Gold St Gauden Double Eagle Grade?

Hello. Can you tell me please the grade on your (american) scale for this coin? It is not possible in my country. Thankyou

PS. Sorry for the ugly fingernails

 

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Hello and welcome to cointalk! This coin appears to be pretty well circulated and would probably grade in the vf-xf range although I am no gold expert. I must say I was a bit suprised as at first I though it would be worth melt value but if it is a real 1921 St. Gaudens it is apparently VERY rare and in that condition according to coin prices magazine worth about $35,000!! If I were you I would send it in to a professional grading service to have it authenticated as it could be worth a LOT!
VERY NICE!

 

i feel that any 1921 st. should be sent to a tpg. especially if you ever plan to sell it.

i can't help much with the grade on the st gaudens, as i don't have any and never bothered to learn grading or authenticating them. but what i can tell you is, this coin and year are highly counterfeited.

 

Hello and thankyou for the responses.

I think I owe some explanations:

I am from Romania (eastern Europe).

I received the coin from my grandmother 4 years ago, who hid it during 50 years of communist regime, because you faced inprisonment if ANY gold was found upon you.
I will autentificate it, but im am sure it is real, with all the fuss I heard it created in my family (grandfather wanted to give it away from fear, later wanted to sell it to a doctor who fled from the country and was in need of somtnig valuable in small package abroad, for a good amount of money (half a Dacia car, money at that time, my grandmother opposed...)). Planning to melt it because I am in need of money right now, I found on the internet that it has numismatic value beacause its manufacture year is rare.

I don't know yet neither its grade nor its value, we have a very small coin collector community here.

I plan to send it to America for grading , although I am a liitle bit scared to leave it.

From what I can say, based upon this: http://coinauctionshelp.com/how_to_grade_saint_gaudens_double_eagle_grading.html , it should grade XF-40 or more, if pictures are true, beacause face of Liberty Lady and other details are better than the XF-40 coin (first from top) in the site's pictures.

This is the story, any further help with grading (= what I can expect from selling it) is much appreciated.

Thamkyou.

 

If it helps more, pictures from another angle:

 

DOH!! You should never touch the surface of the coin and always handle it by the egdes! I would go ahead and get a plastic case of some kind to keep it in so you don't risk causing any additional damage. Also do not clean or polish the coin in any way!

Very awesome story you have there - I hope for you that the coin is real as it is definitely worth a lot more then melt value in any condition! Best of luck.
J

 

:headbang: It makes me cringe to see someone hold a coin like that, especially when it is likely worth more than my car!! Please ONLY hold it by the edges. Other than that, I agree with the rest that it MUST be authenticated! I see quite a bit of luster remaining and would estimate the grade(if genuine and problem free) to be more in the XF/AU range.

 

Thankyou very much for your suggestions and responses.

1. About holding the coin on the faces - I will never do it again. But, as to laugh a bit (thowgh I'm not laughing now ), I can tell you that I used to flip this coin in the air in the past, I liked the sound it made when rolling in the air, a nice metallic sound. I used to do this above my bed, and sometimes (rarely) the coin landed on the floor, not on the bed... I really had no idea what i was holding.

2. Yes, thankyou Mr GDJMSP for the wery good advice with PCGS Europe. I will try to send it to Warsaw, because I am in real trouble of finding a good grader in my country, hope next week to talk to the president of the Romanian Numismatic Society, if he will receive me. Till not long ago, we had a bank (BCR) that identified coins and also gave a certificate for them but... they disabled this service, probably it wasn't worth it for them... the lady that used to work for that service still works in the bank's main office in Bucharest, she looked at the coin, said it is authentic, but she can-t give me a certificate any more.

Well... I know, this story probably sounds for you like the type of story you receive in your e-mail spam folder, the one with the young prince in Nigeria who needs money... fishy and to good to be true... it's not. However, understanding your suspicions, I will try to be back when I will be able to show a genuine authentification paper, and better, an official grade.

Till then... thankyou and fell free to grade it, i respect your oppinions and i will try to make a mean of these grades to see where I stand.

See you soon.

 

I cringed multiple times. Haha, well, it's still a rare example, and if real, worth a small fortune. Good luck!

 

Another thing. If you are so kind, can you put the REAL market price of this coin (for XF-40)? If you have a realistic numismatic catalogue... On the internet, i find as high as 42500$ on the PCGS values site and as low as 12000$ on another site (for the XF-40 state, wich I hope it meets).

Example: http://www.pcgs.com/prices/PriceGuideDetail.aspx?MS=1&PR=1&SP=1&c=67&title=St.+Gaudens+%2420

We don't have the Red Book or the Blue Book (I understand these are the best, with the Bue Book being better for what I want, to sell ... ) here.

 

Yes multiple cringes here too but I can totally understand flipping the coin to listen to the beautiful sound! Although I would get some junk silver coins to do it with from now on

Red and Blue book values are fairly inflated as to what the market will actually pay. I can tell you that as suggested sending your coins to PCGS to be authenticated and graded will get you the most money for it. As far as selling it due to the value I would try a high end auction site such as Heritage Auctions www.ha.com I believe in order to get the best audience.

It is also in your best interest to research this coin as much as possible on auction sites etc. to see what they are going for and also find out the top graders statistics for the coin as far as how many have been graded and in what condition. Although your coin if real is very valuable I think it is mainly due to the fact that many of the 1921 coins were melted (feel free to correct me if I am wrong) as there were more then half a million minted which comparably makes it a higher minted coin for the series.

Mostly comes down to fining someone who can and is willing to shell out $10,000+ for it. If it was my coin I would probably not take less then $20,000 for it but right now it is a buyers market so $ talks and BS walks...
GOOD LUCK!!!
J

PS - all that being said just remember a few days ago you were probably hoping to get a few hundred to a thousand bucks out of it so if you get a serious offer I would definitely consider it!

 

And one last question, from now on I will only be sending facts (if it got graded, where I intend to put it for sale etc.):

Let's asume that mr. ^ is right, and the coin is worth 25.000$. How do you think its price will evolve in the next years (I want to know if the time has come for selling it). In 2 years? 5 years? 10 years? Ok, it's a very high amount of money, but if the 25.000$(a decent car's worth) from now could be 100.000$ (a house worth in .Ro) in 10 years... it would be wiser to wait. I don't know, and I ask once more for your kind advice.

Thankyou.

 

It depends on the want for this coin, and sometimes even gold spot prices, but in 10 years, in my opinion, I don't think that this coin is going to be worth $100,000. Maybe though, maybe... I hope it comes back authentic!!! Keep us posted!

 

start lining up people if all goes well we will have another round of the spock gd show sometime in 2011 or 2010. thsi time lets make sure nothing slips through our fingers we not get a chance for a third pass.

 

Hello again.

Your help and advices were very important , and following them i managed to make something out of this coin. I am very grateful for this, and felt i should give something back, so here it is:

the coin got graded as AU53 by the NGC service in America

it is curently on show as it waits for its turn on the Heritage US Coin Auction - June 2011 Long Beach, CA

the link : http://coins.ha.com/common/view_item.php?Sale_No=1156&LotIdNo=135001

grateful to you, Heritage and the other people that helped beacause the steps were not too easy from Eastern Europe back to America ... So thank you very much.

 

According to Coin World's Coin Values, the 1921 in AU-50 has pretty much held its value since its 2008 high.