1915 Panama Pacific Gold Coin but it's Bent!

Discussion in 'Coin Chat' started by fretboard, Feb 18, 2024.

  1. fretboard

    fretboard Defender of Old Coinage!

    I can't think of anything worse than a bent coin, sure there's polished coins, harshly cleaned coins, corroded coins and other conditions I'm sure! This one is truly extra rare as the mintage of it was only 6,749! Even though this coin is from Germany and it's bent, I still placed a couple bids as I love this coin but I'm out, it passed my gambling amount awhile back! :D Could be one of you collectors fixes bent gold coins, I mean I'm sure it's been tried. Maybe get a firing kiln and lay the coin flat and experiment with it until you get what you want, anyone ever try it? Is there anything worse to you than a bent coin??

    https://www.ebay.com/itm/145602799856

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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Personally, I'll take "bent" over "cut".
     
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  4. Heavymetal

    Heavymetal Well-Known Member

    Best luck I ever had with silver is squeeze between two pieces of pine. You’re in the Twilight Zone with rare gold
     
  5. johnmilton

    johnmilton Well-Known Member

    Most collectors I have known say that a hole is the worst. That goes double for one that is ragged and not smooth, like one made by a nail.

    As for that coin, yes, the Panama-Pacific $2.50 gold coin is scarce, but the vast majority of collectors who want one are looking for a Mint state piece, preferably in high grade. Most collectors with low budgets are not shopping for the coins in the Panama-Pacific set. This piece, which had probably been used for jewelry, would be a tough sell if you paid well over melt for it.

    BTW I have seen one Panama-Pacific $50 gold piece that would have gone with this coin. The story was it was found in the wall of a building that was being torn down. It was scratched and bent if I remember correctly. PCGS put the piece in a "genuine" holder. A dealer had it on the national show circuit for over a year. The asking price was $20,000. I don't what someone ultimately paid for it.
     
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  6. johnmilton

    johnmilton Well-Known Member

    How to fix a bend gold coin?

    I have heard that you can put it between two pieces of soft pine and tap it with a hammer. I have never tried it, and don't intend to. The goal is to avoid a flat spot in the design where the coin was straightened.
     
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  7. David Betts

    David Betts Elle Mae Clampett cruising with Dad

    pan pac ob.png Trust me I have 1 of the 6749 sent out to PCGS, came back "ex Jewelry". Grrr! Better than none but I still need the $1.00 Pan-Pac. Good Luck.
     
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  8. johnmilton

    johnmilton Well-Known Member

    The Panama-Pacific gold dollar is much more common than the quarter eagle. I have been looking for the "perfect one" with no marks and no rub on the worker's cap. So far this one, which is graded MS-64 with a microscopic hairline on the portant, has remained in my collection.

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  9. fretboard

    fretboard Defender of Old Coinage!

    Looks like the seller for this bent coin ended the sale at the last minute! Another ripoff I guess, maybe he wasn't happy with the hammer price, idk!


    https://www.ebay.com/itm/145621463755
     
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