I'm new, what's this worth??

Discussion in 'What's it Worth' started by bryan, Jun 15, 2004.

  1. bryan

    bryan New Member

    thanks for your help
     

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  3. National dealer

    National dealer New Member

    Determining value based on photos is quite difficult, as much of the value is based on condition and eye appeal.
    Here is the generic dealer price. These prices would be close to what a dealer may pay based on viewing the coins. As so many conditions are involved, please understand that these prices are what you would expect for a non-cleaned coin.

    $1 gold $85 and up


    1911 Two and Half dollar gold

    If no mint mark $125 and up
    If "D" mint mark $600 and up

    The "D" would be on the reverse of the coin
     
  4. bryan

    bryan New Member

    Would the "D" be located just left of the branch that the eagle is perched upon?
     
  5. National dealer

    National dealer New Member

    Those are arrows that the Eagle is perched on. Yes it is to the left of those.
     
  6. bryan

    bryan New Member

    SWEET!!! it has a "D" there!!!
    How can I tell what sort of condition it is in?
    It is quite eye catching and bright. all the edges seem very crisp, and all the details of the eagle and the indian are crisp. Heck, it looks sharper than any coin I've ever been handed in circulation.
     
  7. bryan

    bryan New Member

    I forgot to ask. Who do you recommend I have grade it?
     
  8. National dealer

    National dealer New Member

    Any dealer should be able to help you assign a grade. If no dealer is in your area, look for a coin club.
     
  9. bryan

    bryan New Member

    What about NGC or PCGS? And what does a weak "D" mean?
    thanks.
     
  10. National dealer

    National dealer New Member

    I have never heard of a weak "D" variety for this series, but a weak "D" would mean that the mintmark was not struck well on the die itself.

    As far as PCGS or NGC, it really comes down to preferrence. Most collectors are inclined to believe that NGC has better consistency, but PCGS has higher prices realized in the market. For a key date coin such as yours, either would be fine.
     
  11. bryan

    bryan New Member

    thank you national dealer!
    I took it into a coin store today, and the gentlemen was extremely helpful. He told me that he thought it would grade between 60 and 63!
    I couldn't believe it.
    I feel like one of those guys on the "road show".

    Thanks again.
     
  12. National dealer

    National dealer New Member

    MS-60 to 63 is a great little coin. At this point, because of the value involved, I suggest that you get the coin graded. Each point in the grade makes a good difference in value. PCGS or NGC will be fine.
     
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