Just in case someone wants to buy a bent gold coin? lol

Discussion in 'Bullion Investing' started by fretboard, Oct 20, 2018.

  1. fretboard

    fretboard Defender of Old Coinage

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Michael K

    Michael K Well-Known Member

    You can't bend it back, and any attempt will make it worse than it already is.
    Even with the bend, and the cleaning (assuming it is gold) this still may be worth more than just the gold value, as $1 gold coins are desirable.
     
    MikeinWyo likes this.
  4. Santinidollar

    Santinidollar Supporter! Supporter

    First year of issue. Pity.
     
  5. alurid

    alurid Well-Known Member

    If you put it between two pieces of ¼ inch Plexiglas and squeeze it in a vice it will flatten out, but that will not fix it.
     
  6. fretboard

    fretboard Defender of Old Coinage

    You got that right! :happy:
     
  7. rte

    rte Well-Known Member

    That's what happens when you use that deep throated stapler :D.
    Daniel Carr could probably straighten that out for you :D and yes I've been known to buy bent gold for a tic over spot.
    20160822_192824.jpg
     
  8. fretboard

    fretboard Defender of Old Coinage

    A tic over spot is one thing but the bidders in the link I showed have already placed bids $30 over spot today and the sale hasn't even ended yet. Also, the 1849's surfaces are shot, it's gonna be interesting to see where the sale ends. :D
     
  9. rte

    rte Well-Known Member

    Well they ONLY made less then 700,000...so:D and I dont see an L....so:greedy:

    Open Wreath - No L
    But yes it looks to be a beat up ex jewelry piece.
    10% back of spot.

     
  10. fretboard

    fretboard Defender of Old Coinage

  11. Michael K

    Michael K Well-Known Member

    Well, if it wasn't damaged it's worth over $200.
    Gold coin melt value is only $60. But people like the $1 gold coins.
     
  12. fretboard

    fretboard Defender of Old Coinage

    Michael K and MikeinWyo like this.
Draft saved Draft deleted

Share This Page