Hi - I have a couple of $20 Liberty gold coins (1855 & 1861). They're in good condition but each has two initials scratched onto the obverse side. Obviously they still have value, but how much depreciation should I expect in this state? Am having trouble finding comps out there. Thanks.
AFAIK the only thing that will save these from being melt value is if they are rare dates, and even then you are really compromised. Put your pics here (helps you get to 10 also so you can sell them here).
If you do offer them for sale on CT, be sure not to do so in this thread . . . they may only be offered in the Buy / Sell / Trade forum.
If the initials were MF or JB, (the US Presidents who served during the years your coins were minted), and if they carved the initials into the coins themselves for some reason, would that, maybe, make the coins more desirable and collectible?
Many MS graded $20 coins sell for barely above melt as it is... so I would expect those to go for melt, and not really any over it.
Better dates, for sure, but it is AU details. Looking at price guide, looks like some AU graded ones have gone for as low as $2,100 this year. And that is without damage.
Very true, did seem to fall into the hard to say what the best move is. The pictures aren't really good enough to see how bad or not so bad it may be. My gut reaction though was set a price for a bit and see what happens being better than common dates.
