1908 ten dollar

Discussion in 'What's it Worth' started by Mahamid14, Sep 23, 2020.

  1. Mahamid14

    Mahamid14 New Member

    Anyone know what’s it worth and is it worth sending to ngc to get graded
    upload_2020-9-23_22-28-39.jpeg
    upload_2020-9-23_22-29-34.jpeg
     
    Penny Luster likes this.
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  3. Rheingold

    Rheingold Well-Known Member

    That's a nice coin with notable worth.
    But this coin seems cleaned so sending in would be no good idea.
     
  4. lordmarcovan

    lordmarcovan Eclectic & passionate numismatist Moderator

    I think sending it in for authentication alone might be worthwhile.
     
    GH#75 and John Burgess like this.
  5. John Burgess

    John Burgess Well-Known Member

    yeah, going to agree with lordmarcovan on it, but there are other means of authentication then high grading fees just to find out, a we buy gold or jewelry place could test it and run it through the wringer really to figure it out.

    it's the "with motto" so it's the higher mintage one, and it pretty much in line with melt value as far as the price unless it's MS63 or 64 or better, and it's not.

    The only question really is if it's real 90% gold at this point it could be a counterfeit, if it was made of the right gold alloy, it's not going to matter to the melt value, gold is gold.
    Definitely been cleaned/resurfaced. Not sure as to "why".
     
  6. johnmilton

    johnmilton Well-Known Member

    Maybe someone wanted to try and sell it as a Matte Proof. Here's the real thing. This is currently bid on the Grey Sheet at $32,000 in PR-64.

    1908 Matte Proof 10 O.jpg 1908 Matte Proof 20 R.jpg
     
  7. ChristopherCollectsCoin

    ChristopherCollectsCoin Active Member

    I'd recommend a gram scale, one that actually reads 0.00g and not just 0g. Also an app called Ruler would be best. This app is good for measuring the diameter as well, pretty accurate.

    Screenshot_20200924-071031_Google Play Store.jpg
     
  8. John Burgess

    John Burgess Well-Known Member

    Seems highly unlikely it's a worn Matte proof. stars are all kinds of wrong for a proof strike. but I'm not the professional grader, so my opinion is just an opinion. Maybe authentication might be worth the cost and gamble to the owner though, on the chance its a worn matte proof. LOL

    the fees would go up considerably, if it is and they attribute it. it would no longer be an $800 coin.
     
    Evan Saltis likes this.
  9. johnmilton

    johnmilton Well-Known Member

    I never said it was a Matte Proof. I said perhaps someone tried to make it look like one. Back in the day one method was to dip the coin in acid. Many years ago before there was third party grading and authentication, crooked sellers did all kind of stuff to stiff people. You would be surprised at how poor some people, who have money to spend, are at grading and noticing the small stuff on coins.

    The Eric P. Newman biography talked about his battles with coin dealer, John Ford, who had a bogus “territorial gold coin” made up sell.

    Circulated or worn Matte Proofs usually have shiny spots on them, which are breaks in the, in this case, dull surface. A short time later the surfaces for Matte Proof gold coins were brighter.
     
    John Burgess likes this.
  10. Mahamid14

    Mahamid14 New Member

    not sure it was found in a shelf in a vacant house a cool find thoug
     
  11. Mahamid14

    Mahamid14 New Member

    thats a hell of a gamble
     
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    That's a great coin. You might consider paying the fees to grade it.
     
    John Burgess likes this.
  13. John Burgess

    John Burgess Well-Known Member

    Yeah, I would say for authentication purposes, ANACS is the cheapest way to go just to find out if youwant it looked at by experts on authenticity and grade. If it's not a Matte proof (and it's likely not) then it's going to be a details coin. Cleaned or altered surfaces, or it could be not genuine.

    Even if it comes back not genuine, it still might be good gold though but any place buying or selling gold could test it once you get past whether it's genuine or not.

    ANACS would cost roughly $19 for the grading with 15 day turn around, and $25 for the 2 way shipping w/ insurance. Just saying if somehow it is a matte proof that changes things considerably in the value and the cost to get it graded/ authenticated. this is worn so it won't even be proof 60, but if matte proof, PR60 starts at around an $8000 coin. it's gonna cost more than $19 if it were.
     
    Rheingold likes this.
  14. Rheingold

    Rheingold Well-Known Member

    Authentic / just my two cents
    Cleaned
    Worth POG + 50- 70 bucks
    Not worth sending in.
    Ask a coin dealer in your neighborhood about authenticy.
     
    John Burgess likes this.
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