1907 St. Gaudens MS62

I just got one of the new 2009 Ultra High Relief St Gaudens coins from USMint.gov. So I did some research and found out that they where first minted in 1907 , so I thought it would be a good idea to find one.

So I was getting my bullion from this local company called Austin Rare Coins, and asked my guy there if he could get one for me. He found one that was an MS64 and said it was $2600, but that same day I found a guy on Craigs list with one and he wanted $1500 and I talked him down to $1400.

I met this guy and everything looked good. It was graded by PCGS as MS62, the coin looks nice, and the case looked like it was untampered with. I decided to take it to work and look at it under a microscope, and I noticed on the side of the coin it looks kinda silver, with gold showing through. Or maybe its gold its a little tarneshed? I'm not sure, but I'm worried now that I may have gotten scammed.

I would greatly appreciate any input you may have.And about how much is this coin worth if it is real?

 

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Please post pictures!

Chances are low that it's fake if it is in a PCGS slab, but there are fake slabs out there so it is possible. I would normally recommend weighing it, but its hard to account for that inside a slab.

Posting pictures and gaining insight from folks on this board will go a long way in responding to your dilemma.

 

What you are describing may be toning. We really need to see a pic to tell you much about your coin. Was the MS-64 raw or slabbed?

Grey Sheet for a 1907 NM (No Motto) Saint in MS-62 is $1,600/$1,650. In MS-64 it is $1,910/$2,010 and in MS-65 it is $3,500/$3,800. The MS-64 may not have been a bad price if it was a high-grade 64.

 

We have a camera on our microscope, so I will bring it in tomorrow and try and get some good pix. TY

 

Close-up shots are OK but please post a pic of the entire coin if you can.

 

Welcome to the forum.

Saint Gauden's double eagles were minted from 1907 to 1933 (some exceptions). Each date and mintmark is worth different amounts in different grades just like any series. That is why your dealer wanted $2,600 for an MS64 and the guy on craig's list only wanted $1,500 for an MS62.

In order to give you an opinion of your coin's worth, we would need the date/mm and a photo of the coin. If the coin is encapsulated by PCGS, it is guaranteed authentic as long as the holder is authentic. As far as the silver color with gold shining through, that is probably some toning on the surface of the coin. These coins were 90% gold and 10% copper so they do tone.

 

Upon reflection maybe I read too much into the OP's above statement. I read it to mean he was looking for a 1907 Saint. Now I think he means a generic Saint (any date, any mintmark). Let me update Grey Sheet values for a generic Saint:

MS-62 - $1,485/$1,535
MS-63 - 1,555/$1,605
MS-64 - $1,715/$1,765
MS-65 - $2,130/$2,180

 

Okay...Good..Pictures would really help...You could have toning...Or a fake $20 Gaudens, and a fake PCGS slab

 

Ok, here is a few pictures.

 

1907 Saint?
I think it might be fake...
I thought all said ST Gaudens on them...

I think you were just ripped off

 

Not even...They don't say ST Gaudens either

Your coin looks like it has no luster at all... Take a picture with the flash
But I think you have a fake slab, and maybe a fake coin

 

T$,

No offense intended but have you been collecting coins very long? St Gaudens Double Eagles look exactly like the one pictured. The coins do not display the name "St Gaudens". If you have a Red Book you could easily look that up.

You have posted some very high dollar coins that you say you have purchased but your knowledge of US coins seems to be somewhat limited (especially in light of your purchases).

Again, no offense intended. I'm just trying to figure out where you are coming from.

 

UHHH...I was not talking about the coin!
The slab.
What high dollar coins are you talking about. The most I've spent on a coin is....$234.55
I know what a st gaudens looks like
I'm not a dang fool
What I didn't know, was that a Authentic PCGS just has "Saint" on it

 

Oh, and I have not been collecting coins for very long, but I can assure you that I have a great knowledge of coins.
I'm no noob, and I know my stuff, or at least what I want to know, and what I want to learn

 

Tell me hobo...

Do PCGS Authentic Slabs say

1907 $20
(Grade down here)

or
1907 $20
(Grade)
Saint

Because if they did, I never knew... I'd understand if they said St. Gaudens, or had the coin number and series number

 

Authentic PCGS Slab for ST Gaudens Number 1

 

Authentic PCGS Slab For $20 Gaudens Number 2

 

Dude!!!! Relax Tmoney, I shore would hate for you to pop that vein thats protruding from your forhead. LOL Im going to send it in to get it recertified.

 

Sorry, I get angry easy
I dislike it, when people question my numismatic knowledge.
Maybe I should have been more clear to you hobo, on my first post, the one where I said, Saint?
I didn't know I'd have to clarify, that I meant the slab

 

I found this one on Ebay. Not that it makes it legit.