http://www.ebay.com/itm/1810-Capped-Bust-5-GOLD-Half-Eagle-NGC-AU-Details-small-date-tall-5-/330722266650?pt=Coins_US_Individual&hash=item4d00954e1a#ht_6430wt_1185 This seems like a great way to get a nice gold coin. Why is the price so low and what do you think its worth?
I think the price is there because it used to be a piece of jewelry (which presumably has edge damage and appears to have harsh cleaning)
The surfaces are horrible and the color is artificial. I don't even want to see the rims. The only thing going for it is it's genuine. Lance.
Considered it for a second, but nope! If it sold right this second for $1500... then maaaaybe due to nostalgia always finding its buyer in spite of history and condition. But the X-Jewelry unfortunately turns it into spot times 3 to 4 tops for nostalgia sake, and the fact this is a fairly good looking X IMHO. Moreover, from the looks, I bet it weighs in at 8.6 - 8.7 opposed to the 8.75 it's supposed to be. Friendly bets without going over? My guess: $3212.00. Like I said, "Nostalgia always finds its buyer." Even still at this level will only push out to 2013 Red divide 2 to 2.5 if it's lucky.
This is your correct answer, that it is only a 1/4 oz. IMHO, That and the fact it is only .91 fine gold as well. So the gold buyers only won't fight over it,. It stated to be an AU50 with the added notation "Details" but the book puts that at a $5,000 coin. http://www.ngccoin.com/NGCCoinExplorer/CoinDetail.aspx?CoinID=18106 In these times I would be surprised if it went over about $2200 or so. A real buy would be $1250.00 But you have to want it even at that, not a premium condition coin, so it is harder to turn over when coins return to high flyers again, That is when people want the higher quality for the most part. if this was an MS63 or MS64 the skys the limit. If I wanted to buy and hold for a few years I might chase it up to $1500 or so myself... But I have plenty to pay for these next few months with the addition on my house I have been working on and 1600 sq feet of driveway still to pour..
Verified. Only my bet for a final sell price is higher: My experience with eBay is it always finds that "I gotta have it" 2 people that will be willing to duke it out in spite of its quality. We will know in a couple of days.
I'm inclined to agree that $2200 or so should be the most that would ever sell for. And I'd never pay even that much for that coin. It has more issues than just being ex-jewelry. But since it's on ebay, anything is possible when it comes to the final price.
Looks like its been hit with sandpaper.... ugly coin :*( in that I don't prefer the eye appeal, but the piece as far as its "history" is neat. Then again, I could never afford it, so the point is moot to me.
