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<p>[QUOTE="jaceravone, post: 519068, member: 9474"]Hey Gang, so here is the story behind this coin. My sister in-law and her siblings found this coin in her late mother's jewelry box. It was found in the envelope that I have photographed below. The envelope itself is only 4"x2.5". Inside was a small flat card and glued on that was a tiny envelope that is 1"x1". It is original but has no date on it. Inside that envelope was a 1909D $5 Indian Gold piece. My sister in law said that she does not know the history behind the coin other than it was her moms. </p><p> </p><p>She left the coin with me to ascertain its value so if she and her family were to sell it, they would know a reasonable price to ask. Grading gold has always been tough for me. At first glance it appeared to be MS condition, but after really looking at it I would suspect that it was AU. I took it to several coin shops today in town and showed it to some trusted local collectors. The general consensus was that it was XF to possibly AU. What concerned nearly everyone was the fact that there is this faint ring going around the coin on both sides and that some of the stars on the obverse had their points cut off. In addition to the thought that it was at one time used as a jewelry piece, the authenticity of the coin was questioned. I took it home were I weighed and measured it. It met all government specs of the coin. </p><p> </p><p>I spoke with my sister in law tonight and she stated that she did not have anymore info on the coin other than how and where it was found and what it came in. I also thought it was the 1909P which had just over 600,000 minted, but instead noticed the D on the reverse and saw where it was the most minted out of the series with 3.4 million minted.</p><p> </p><p>Any thoughts and comments on value, authenticity and grade would be helpful. Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 519068, member: 9474"]Hey Gang, so here is the story behind this coin. My sister in-law and her siblings found this coin in her late mother's jewelry box. It was found in the envelope that I have photographed below. The envelope itself is only 4"x2.5". Inside was a small flat card and glued on that was a tiny envelope that is 1"x1". It is original but has no date on it. Inside that envelope was a 1909D $5 Indian Gold piece. My sister in law said that she does not know the history behind the coin other than it was her moms. She left the coin with me to ascertain its value so if she and her family were to sell it, they would know a reasonable price to ask. Grading gold has always been tough for me. At first glance it appeared to be MS condition, but after really looking at it I would suspect that it was AU. I took it to several coin shops today in town and showed it to some trusted local collectors. The general consensus was that it was XF to possibly AU. What concerned nearly everyone was the fact that there is this faint ring going around the coin on both sides and that some of the stars on the obverse had their points cut off. In addition to the thought that it was at one time used as a jewelry piece, the authenticity of the coin was questioned. I took it home were I weighed and measured it. It met all government specs of the coin. I spoke with my sister in law tonight and she stated that she did not have anymore info on the coin other than how and where it was found and what it came in. I also thought it was the 1909P which had just over 600,000 minted, but instead noticed the D on the reverse and saw where it was the most minted out of the series with 3.4 million minted. Any thoughts and comments on value, authenticity and grade would be helpful. Thanks.[/QUOTE]
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