1875 Gold liberty half eagle cc $5

I am very new to this, I tried to put pics up but is telling me files are to big. This coin was in a necklace locket
and seems to be in very very nice shape. I have been doing some research since I got this coin and have found it to be very rare, 11,000 made. I have searched the net and found some but this one looks better
than anyone I have seen so far. I think I got a gem. If anyone can help me who has expierence in rare gold
coins I would appreciate it alot. Wish I could post pics I have tried all night, I can email pics if interested.
Thanks alot, Tommy

 

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You don't have PM's turned on so I sent you an email. You can email me your pics & I'll post them.

 

Well, there's certainly no doubt that 1875-CC $5 is a very scarce coin. That's the good news.

The bad news is... if it has been in a necklace locket the value is significantly diminished. But considering the scarcity of this piece, it's well worth pursuing.

I recommend having it certified by NCS (division of NGC) or ANACS. Those two grading services will certify "problem" coins, such as those which have been in jewelry. There are many such coins.

Is it still in the locket ? If so, contact NCS or ANACS about your next move. It is possible they will remove it for you. If they will, that's what I would do. If they won't, probably take it to a jeweler.

Also... do you live in a town with a reputable coin dealer ? Drop by and show him your coin and get some advice.

Please post photos. No doubt a lot of folks will offer an opinion on grade, and that gives a much better idea of value.

For your convenience, here are links for NCS and ANACS :

http://www.ncscoin.com/
http://anacs.com/Default.aspx?AspxAutoDetectCookieSupport=1

Browse around in there; you'll find contact info.

Greysheet shows these values for Original '75-CC $5s :
VF20 $3,000
AU58 $40,000

This one will be worth much less due to the jewelry mounting - assuming it's genuine.

Good luck !

 

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Here's the pic...

 

Anyone care to give a grading opinion ?

I'm thinkin' MS-62. Clean cheeks, nice fields, stars nicely struck and fully brought up.

If it's genuine, it's valuable - even having been in jewelry.

 

That is a nice coin. I'm no expert but looks like it may have been cleaned

 

Not cleaned IMO---but I can't tell if it would be NET graded for being in the locket. As of this photo I don't see any rim damage but that would be a rare case.
As for the grade---I would think around what 900fine said....unelss I'm missing something it seems to be UNC.

Speedy

 

1875 half eagle new info

Hello everyone thanks for all your help! O.k now I just got back from a local dealer and he said he wouls give me $1500 right now for it. When I removed it from the holder with the 2 tiny screws, there was a little bit of black grime around the edge. So I put it in a bowl of warm soapy water for 20-30 seconds rubbing gently. Does this really destroy the coin? Thanks for the help

 

Any cleaning of a coin will kill the value---in some cases 50%.....I would never ever suggest cleaning one.
There are ways to get black "grime" off coins.
In this case I'm not sure what I say about the grade of the coin---before selling it to the dealer and making someone hate you for the rest of their life I would send it to either NGC or ANACS. If they grade it alright then go ahead and sell it if that is what you want to do. Other wise I don't think it would be fair to sell it to the dealer without at least telling him about the cleaning.

Speedy

 

Thanks speedy I called this guy last week and told him over the phone that I did clean it so when I went in there today I said Hi I called about the 1875 coin, and he said yes the one that you cleaned, but man oh man 30 seconds in warm water only I don't believe could have done that much damage. I have heard of acids and other ways of cleaning could do serious damage to coin. He really really wanted to buy the coin bad from me on the spot, then he went into saying whatever it came back graded he would pay full book value for it. Kinda strange after trying to get it from me for $1500 how are your feelings on PCGS, it seems there coins are much more valuable then othe grading services? Thanks speedy for the help bud! Tommy

 

The $1500 offer sounds low, if slabbed it might be a good item for an auction.

Don't do any more cleaning.

 

Welcome to the forum Jenna

 

Thank you very much YNcoinpro_U.S I have found my new hobbie and it is nice to have people to talk to about it. Thanks for having me

 

• PCGS is fine in general, but not in this case. They do not grade problem coins. This is a problem coin.
• NGC will not grade problem coins either, but they have a brother company named NCS which will. That is your best bet.
• ANACS will grade problem coins as well. They are your only other good option.

PCGS coins are about the same market value as NGC, and marginally more than ANACS and ICG. But it doesn't matter. PCGS is not an option in this case.

 

Posted at Tommy's request...

 

If he will send it to NGC or PCGS then that is fine---but this is the catch.....he will offer you $1500 right now---and while that may be low look at it this way.
You send it to NGC or PCGS and it comes back Bodybagged...and so the value might then be $900....that is why he said that he would pay book value for the grade.
PCGS is alright---but I normaly go with NGC....the slab doesn't make it any more valuable but some people think it does and that is why sometimes people pay more for the slab...in this case I don't think that will happen.

900fine said that PCGS will not grade it----I'm wondering....remember...PCGS says nowhere that they will not grade cleaned coins...they will not grade harshly cleaned coins....and this one isn't harshly.
I'm going to ask Zane to check this out as he will be able to tell you for sure (work for PCGS).

Also---if you decide to take the dealer up on his offer I would do it this way......if it comes back Bodybagged...you pay the cost of grading....if it comes back in a slab then he offers you book value and then adds ONTO the total the cost of grading.

Speedy

 

You could show it to other dealers, and get their offers,as well.

 

Chance are if it were jewelry then it was cleaned at sometime OMO

 

is that more gold