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Just picked up my first old gold. Any opinions on grade/value?
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<p>[QUOTE="Victor, post: 1885312, member: 5454"]I had a couple of $1 gold coins that were real dogs. One [maybe 1853] had a decent obverse but the back had 3 nasty scratches, I took a dealer's offer of $90 for the coin.</p><p>The second $1 gold coin was ex-jewelry [ maybe 1851] and had a good enough obverse but the reverse had a small spot of solder. I walked it around at a few coin shows but the best offer was around $70 to $75. I foolishly paid $140 for it online at auction [not e-bay]. It was Charter Oak coin auctions and the guy doesn't show pictures of the reverse. By that time I had just about quit dealing with them and got sick of returning coins.</p><p>Threw it in a safe deposit box and forgot about it. How I eventually got out of it was to trade it plus $200 cash for a 1895-O dime in G-4. The dealer later said he sold it for $120.</p><p>So sometimes if you can't get a good cash offer for these problem pieces try trading them away.[/QUOTE]</p><p><br /></p>
[QUOTE="Victor, post: 1885312, member: 5454"]I had a couple of $1 gold coins that were real dogs. One [maybe 1853] had a decent obverse but the back had 3 nasty scratches, I took a dealer's offer of $90 for the coin. The second $1 gold coin was ex-jewelry [ maybe 1851] and had a good enough obverse but the reverse had a small spot of solder. I walked it around at a few coin shows but the best offer was around $70 to $75. I foolishly paid $140 for it online at auction [not e-bay]. It was Charter Oak coin auctions and the guy doesn't show pictures of the reverse. By that time I had just about quit dealing with them and got sick of returning coins. Threw it in a safe deposit box and forgot about it. How I eventually got out of it was to trade it plus $200 cash for a 1895-O dime in G-4. The dealer later said he sold it for $120. So sometimes if you can't get a good cash offer for these problem pieces try trading them away.[/QUOTE]
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Just picked up my first old gold. Any opinions on grade/value?
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