1899 Liberty Head $10 Gold Coin

Discussion in 'What's it Worth' started by JSmith86, Oct 5, 2012.

  1. JSmith86

    JSmith86 New Member

    Just curious what the grading is of the following coin, and maybe a guess at the value, found it in my belongings, looking to sell it. Thank you.

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  3. usc96

    usc96 Junior Member

    Other than the rim dings at 7:00 and 9:00 which may make it ungradable if not just photographic anomalies, I'd say MS64.
     
  4. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    I think the rim dings do keep it from grading at the grading companies.
     
  5. There is no standard at the grading companies for how bad a rim ding must be before it won't grade. But I'm told the "rule of thumb" is it's acceptable until it effects the denticle placement. But don't expect them to follow this. It's a crap shoot.

    Nice coin though, but I bet it looks even better in hand.
     
  6. Tom B

    Tom B TomB Everywhere Else

    It looks too good.
     
  7. silverfool

    silverfool Active Member

    i don't think those dings are enough to bother the grade. gold is looked at different than silver. I woud get it graded. nice coin.
     
  8. MrCheeks

    MrCheeks Active Member

    i'm no professional grader by any means. With that said, there's something about the rim of this coin that doesn't sit right with me. Maybe it's the picture, but it doesn't look right.
     
  9. Ripley

    Ripley Senior Member

    :smile Its a nice one. Perhaps MS 65.
     
  10. cciesielski01

    cciesielski01 Laced Up

    it looks like it might make it into a 63 or 64 holder very nice coin minus the dings on the rim. i wouldnt expect much over melt for it ungraded online but in a holder it could sell much easier and give the buyer more confidence in their bidding.
     
  11. JSmith86

    JSmith86 New Member

    Thank you for the replies. Any opinions on using NGC vs PCGS to have it graded?
     
  12. Vess1

    Vess1 CT SP VIP Supporter

    I agree. I've never seen a rim like that. There's barely a mark on it and it hasn't been graded over all these years? And it's a non-mint mark, Philadelphia issue. (one less feature to replicate) The raised blob under the N in ten on the reverse is odd. The WE looks kind of messed up for the excellent condition. I'll say questionable authenticity. But if it's real, this could get a 65 IMO.
     
  13. yakpoo

    yakpoo Member

    You were taking some clothes to the cleaners and it was in one of the pockets? :scratch:
     
  14. JSmith86

    JSmith86 New Member

    I received a coin collection from my grandmother quite a few years ago on her passing, I never really looked at it too closely. I recently got rid of some of it, was just almost worthless, close to face value currency, some silver nickels. Maybe I got robbed of some high value misprints, I don't know, but it looked like nothing outstanding, and I found this. Was heavy, so I knew it was gold right away for a fact, and it looked really good, so I've tried taking it to local shops, but they all agree that it's really good looking, yet still want to give me melt value, which seems like a shame to me, so it's why it got posted here.

    I can take some pictures with a normal camera, those pictures are off a scanner so it might be creating weird lightning effects. For one thing, it looks nothing like that color wise. I wasn't going to mess with it, I just tried to give as much high resolution detail as I could to see what the nicks and scratches were going to cost me grading wise, and the rim dents apparently make it possibly? ungradeable melt value junk, so we'll see.
     
  15. JSmith86

    JSmith86 New Member

    So I went to a PCGS dealer, and with a quick glance he said it's AU at best and not worth sending off for grading, offered $825 for it. I think that's a shame, but sending it off for express grading would be a $75 charge, if it comes out as AU or even under 63, then I just wasted 10% of the coin value but I could make that back easily if it does grade over. All he mentioned was the wear on it, and the rim ding, so I don't know what to do now, whether he's just trying to pick my coin up on a discount because I'm clueless or whether he's trying to save me the grading fee.
     
  16. Tom B

    Tom B TomB Everywhere Else

    I do not see any wear, I am just worried that it might not be genuine. The melt value is $857 so you were offered less than melt, too. Grading at PCGS or NGC does not need to cost $75. The NGC Early Bird tier is $30 per coin, Gold Rush tier is $25 per coin and Express is $60 per coin. Of course, you would have to pay shipping/insurance both ways, too.

    If this were my coin, I would send it in for grading instead of selling it under its melt value. You are into this piece for no money at all, so don't be foolish.
     
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