1924 Saint-Gaudens double eagle ($20) gold coin

Discussion in 'What's it Worth' started by Gspyrido, Jan 11, 2012.

  1. Gspyrido

    Gspyrido New Member

    This is a 1924 Saint-Gaudens double eagle ($20) gold coin . It has not been in an air tight case but it is in very good condition. IMG_0704.jpg IMG_0706.jpg
    (Sorry for the quality of the pics )
    I have had this coin for quite some time and i wish to sell it . Since i myself am not a collector i wanted some information about this specific coins value by someone that knows their coins. I would also be glad if anyone can give me some insight as how to best sell it.
    thanks for you time
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Because it has been made into a piece of jewelry it has no value above the value of the gold itself. If you go to sell it, you can expect an offer approx 10% less than the current spot price of gold.
     
  4. Gspyrido

    Gspyrido New Member

    So even if that jewelry part is removed without damaging or affecting the coin it still doesn't hold any collectors value?
     
  5. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    I would not say that the coin's value is absoultely ruined. I see coins like this from time to time that are placed into this kind of bezel and never worn... sometimes once taken out of the bezel there is no noticeable damage... but this is just sometimes... I would recomend carefully taking it out of the bezel.

    Matt
     
  6. Gspyrido

    Gspyrido New Member

    It was made into a piece of jewelry but only worn once or twice and that was a long time ago it been safely kept ever since . I have a friend that is a jeweler and ill ask him to remove it carefully. But even so, how much do these 1924-P go for if its in good condition?
     
  7. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    From the pictures it's tough to tell if it's even a genuine coin (there are lots of counterfeits of these) let alone the grade. It does not appear to be a high mint state piece... your best case scenario assuming there is no damage is it having a retail price of 10%-20% over melt...
     
  8. Gspyrido

    Gspyrido New Member

    Thanks for your help!
     
  9. Gspyrido

    Gspyrido New Member

    thank you for your help !
     
  10. silverfool

    silverfool Active Member

    just leave it in the bezel and sell together. you might get a bit more. the 1924 is one of the most common saints but it should bring a bit over spot as a package.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Common date generic gold, which the '24 is, is selling for melt even if it's slabbed by NGC or PCGS as high as MS63. Over 63, yeah you can get some numismatic value. 63 or under - not a chance right now.
     
  12. pumpkinpie

    pumpkinpie what is this I don*t even

    1924 is the highest mintage double eagle in existence.
     
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