CAL Gold $2.50 Coin for Sale? First Commemorative Coin?

Discussion in 'Coin Chat' started by fretboard, Sep 10, 2019.

  1. fretboard

    fretboard Defender of Old Coinage!

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  3. Paul M.

    Paul M. Well-Known Member

    Let’s just say I won’t be buying this for my commemorative set... but not because I don’t want it. ;)
     
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  4. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Not sure what the complaint is? Easily affordable. If I don't want to eat or have a roof over my head for the next 10 years ;)
     
  5. Conder101

    Conder101 Numismatist

    Nice enough coin, I'd call it a 50 and I think it has been cleaned at one time.
     
  6. fretboard

    fretboard Defender of Old Coinage!

    The reverse, definitely looks way too shabby to be an AU58, and I think you may be right! :D My guess is since it's such a rarity, all TPG's would give it a higher grade than normal. But would they intentionally leave out that it's been cleaned? :inpain: I forget the name for the practice, but it's similar to a dealer playing cards and taking pushes. Except with coins, it's downright deceitful! :(
     
  7. ksparrow

    ksparrow Coin Hoarder Supporter

    Looking at the MS coins on the Coinfacts site, it looks like there are a lot of die polish lines on these that could be taken for cleaning marks. To me , the coin posted has more wear on it than I would like for the 58 grade. The slab photos are terrible and I can't get a handle on the true look of the coin. I don't understand why sellers of pricey items don't take a little time to make decent photos or pay someone to do it for them.
     
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  8. Conder101

    Conder101 Numismatist

    Quite possibly. Back in the years before they decided to start putting damaged/cleaned coins in "Genuine" slabs they would often put slightly damaged or cleaned very rare or early US gold and silver coins in straight graded holders with no mention of the problems. So I could very easily see them continuing to do so.
     
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  9. johnmilton

    johnmilton Well-Known Member

    Here is an 1848 CAL. I bought a few years ago. This piece is graded PCGS AU-55. When I was shopping for this coin, there was an AU-58 in the auction at the same show. It went for quite a bit more than what I paid for this piece, but it had been cleaned.

    1848 CAL $250 Obv.jpg 1848 CAL $250 Rev.jpg

    Back in the 1980s, a dealer offered me this "economy model CAL." for $1,300. I got the chance to photo it. I think that it might be the worst one known, but it is made from the first shipment of California gold that made it to the East Coarst.

    Holed CAL $250 gold.jpg Holed Cal Obv.jpg
     
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  10. TheFinn

    TheFinn Well-Known Member

    Back in the 1980s, a dealer offered me this "economy model CAL." for $1,300. I got the chance to photo it. I think that it might be the worst one known, but it is made from the first shipment of California gold that made it to the East Coast.

    View attachment 993986 View attachment 993987 [/QUOTE]

    This coin charm could tell some stories.
     
  11. Sunflower_Coins

    Sunflower_Coins Importer and Exporter

    Was there any way to tell with that "economy model" if the CAL had just been added to a normal date quarter eagle? Considering the obverse had been turned into a love token.
     
  12. johnmilton

    johnmilton Well-Known Member

    It has the earmarks of the correct counterstamp, the wear patterns on it are consistent with the rest of the coin and there is no flat spot on the back which would indicate that it had been added recently. The genuine coin never has an signs of flattening opposite the "CAl." because the counterstamp was added while the coin the laying on the obverse die.
     
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  13. Blond6ftWM

    Blond6ftWM New Member

    Edited by moderator.

    @Blond6ftWM- spam is not allowed on the discussion forums. You may offer items for sale on the For Sale forum, if you follow the rules there.

    Please take a moment to review the main forum rules as well.


    This is your third rule violation, and your last warning before points are applied.
     
    Last edited by a moderator: Sep 20, 2019
  14. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Edited- @Johndoe2000$ - please do not quote rule violations as you then give the moderators twice as much to edit.
     
    Last edited by a moderator: Sep 20, 2019
  15. Johndoe2000$

    Johndoe2000$ Well-Known Member

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