Discussion in 'Coin Chat' started by Daulton, Aug 15, 2022.
Log in or Sign up to hide this ad.
This is the first year of the new Indian princess design is why I was asking, there were different types of 54 a liberty and the Indian princess head idk if that makes it more valuable or not though
This is really terminal damage for this coin.
What makes it harder? What’s the difference in a plain hole?
It’s a tiny hole with a ring through it on an earring
The coin looks sweated, and was probably used for jewelry. That alone is a terminal problem.
@johnmilton, are you thinking that there's a notch cut out of the coin? The pictures make it hard to see, but I think it's a regular hole with a loop inserted.
I'm not a gold dollar collector, but I've owned a few, all cleaned or jewelry. In my experience, you have to be very patient to get even a problem gold dollar for melt value. I don't think this one would be worth restoring, but I also don't think it would have to go for melt.
Look at the bottom. I don't see any metal there. Look at the surfaces. They are rough. It's not worth the repair fee.
I see a loop casting a dark shadow. The OP confirmed that it's a small hole.
@Daulton, can you provide another photo with more diffuse lighting, so we can see what's going on at the hole/ring?
If you are a type collector, you know it's a Type II Gold Dollar which is the most expensive type coin in the 12 piece set, if you want it in MS-63 or higher. Yes, the mintage is high, and some people say it's overrated, but it's been expensive for all the years I've been a collector.
Not a type collector by any means but I do have a type set in a 7070. Nice to know so thanks for the info.
Look for it in the "U.S. Coins" section.
Sounds interesting and I think CT members would like to see that set. Please explain the difference between type 1 and type 2 in your post.
Type I Gold Dollar - minted 1849 to 1854 - 13 mm in diameter.
Type II Gold Dollar - minted 1854 to 1856 - 15 mm in diameter. The idea was to increase the size of the gold without changing the weight. The design failed because the relief of bust of Ms. Liberty was too high, and the coin did not strike well. Note the weakness of the "8" on the coin below, which actually above average. Many pieces have weak dates and the "LL" in "DOLLAR" is often weak.
There is definitely just a hole, it is not a notch cut out, it has an earring attached to it
Separate names with a comma.