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Butchered my coin? 1908 $20 Saint Gaudens
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<p>[QUOTE="-jeffB, post: 3258836, member: 27832"]That's a shame. It looks like the coin was in pretty good shape, even after being "walked out" all those years ago -- but it was likely damaged when it was put <i>into</i> the pendant, even if you hadn't scraped it further when getting it out.</p><p><br /></p><p>This is a fairly common year for the St. Gaudens double eagle, though, so it's not like taking this out of the pendant (or putting it in) was a great numismatic tragedy. These coins don't get much of a premium over their intrinsic gold value until they get into higher uncirculated grades.</p><p><br /></p><p>The current gold value of this coin is $1208.50. If you try to sell it to a coin store, they'll offer less than that, because they have to make money when they sell it. If you offer it to a jeweler or pawn shop, they'll pay even less. If it were undamaged and in its current condition, you'd probably be looking at about the same money.</p><p><br /></p><p>Edit to add: given its back-story, I'd say its sentimental value to you is probably important, too. But I can understand that $1200 is a lot of money to keep frozen for sentimental reasons.</p><p><br /></p><p>Welcome to CoinTalk![/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3258836, member: 27832"]That's a shame. It looks like the coin was in pretty good shape, even after being "walked out" all those years ago -- but it was likely damaged when it was put [I]into[/I] the pendant, even if you hadn't scraped it further when getting it out. This is a fairly common year for the St. Gaudens double eagle, though, so it's not like taking this out of the pendant (or putting it in) was a great numismatic tragedy. These coins don't get much of a premium over their intrinsic gold value until they get into higher uncirculated grades. The current gold value of this coin is $1208.50. If you try to sell it to a coin store, they'll offer less than that, because they have to make money when they sell it. If you offer it to a jeweler or pawn shop, they'll pay even less. If it were undamaged and in its current condition, you'd probably be looking at about the same money. Edit to add: given its back-story, I'd say its sentimental value to you is probably important, too. But I can understand that $1200 is a lot of money to keep frozen for sentimental reasons. Welcome to CoinTalk![/QUOTE]
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Butchered my coin? 1908 $20 Saint Gaudens
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