1882 $ 10 gold liberty.

A friend of mine wants to sell me this $10 gold liberty. What do you think is a fair price? I know the melt value. But what is the added numismatic value? I want to be fair.

 

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Might want to show a weight it looks good but a weight wouldn't hurt anything. 1882 in VF condition $1,050.00 - 2022 Red Book price. if that's any help. Seeing weak shield strike could be grease fill die.

 

In that condition, I'd think the premium over melt would be pretty tiny.

I can't be sure from these photos, but it looks cleaned to me.

 

it weighs 16.7 grams

 

Ex Jewelry harshly cleaned, try not to pay much over melt.

 

weight is spot on ,Thanks. I'll have to agree on -JeffB. would be a price close to melt. Might want to look at gold price before parting with it. Get best bang for your buck.

 

That old eagle has spent some time as jewelry I do believe….. Today if I were selling, I would ask $1050.00 and would be satisfied if I got $950.00. If I were buying I wouldn’t offer any more than $950.00. Those eagles are pretty common and the price point changes very little between average circulated through AU grades. I believe you would be fair with your friend at $950.00.

 

I was thinking the same amount@$950.00 but didn't want to think that was MY offer and try to buy the coin away. To be honest that would be MY top offer to the friend. that is very fair.

 

I got one of those once when i was a kid. I bit it because i saw prospectors doing that on t.v.. Turns out, it was a chocolate .

 

YUMMMMM you were the winner!

 

it's a friend and must need cash for Christmas, I'd have to go $950.00 my heart is bigger than my brain sometimes. You are the wiser one Lordmarcovan.

 

Think of it as buying the coin at melt, and gifting your friend a bit less than $100 in a way that doesn't injure his pride. If that seems like the thing to do, go for it!

 

I wouldn’t pay over $900 for it. Looks polished and definitely an ex-jewelry piece. Too many dings for me.

 

Harshly cleaned and polished! I would try to buy it for spot and honestly that's what I would try to buy it for cause if he walks it into a coin shop he's gonna get less. Fair is fair, but I really don't like buying polished coins, cleaned is bad, but cleaned and polished is even worse. good luck!

 

Thank you guys. I appreciate your input~

 

I'd say spot plus whatever premium over spot your friendship is worth. In my opinion this coin has no additional numismatic value over spot because of it's less than desirable condition.

 

My initial thought was, why your friend "wants to sell (you) this"...v. you wanting to buy it (from your friend). In other words, if your friend didn't want to sell it to you, would you want to buy it...? I might do it with, say, a $10 pocket knife...but considering the value here, not sure being a friend is a reason to just buy something unless you're really attracted to it, yourself. In this case...based on photos, condition, etc... I wouldn't be inclined to buy it, friend or not...just IMO, to consider, etc.