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Just picked up my first old gold. Any opinions on grade/value?
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<p>[QUOTE="GDJMSP, post: 1885701, member: 112"]I'd love to answer your question, but after a good bit of time spent searching I can't even find examples to compare to each other given your parameters. I even looked at coins going up into the 1850's and can no find no records for comparison. In order for records to have any meaning they must be for the same coin, same date/mint, and be from the same rough time frame. I can find records that 10, 15, even 20 years apart, but they are worthless for comparison purposes because of changes within the market over that period of time.</p><p><br /></p><p>But I did manage to find something to work with. Here is an example of an 1877-CC $5, holed with AU details. It sold for $805 in 2010 - <a href="http://coins.ha.com/c/item.zx?saleNo=1137&lotNo=1603" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1137&lotNo=1603" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1137&lotNo=1603</a></p><p><br /></p><p>And here is an example of an 1877-CC $5 in F15. It sold for $2,300 in 2011 - <a href="http://coins.ha.com/c/item.zx?saleNo=1156&lotNo=4649" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1156&lotNo=4649" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1156&lotNo=4649</a></p><p><br /></p><p>That's pretty much the parameters you set. So no, the problem coin with more remaining detail is not worth more than the problem free example with significant wear. In fact the opposite is true.</p><p><br /></p><p>Same kind of thing happens with the $5 1870-CC. Here is a holed example XF details that sold for $4312 in 2010 - <a href="http://coins.ha.com/c/item.zx?saleNo=1144&lotNo=5357" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1144&lotNo=5357" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1144&lotNo=5357</a></p><p><br /></p><p>Here is an 1870-CC $5 F15 that sold for $5462 in 2006, 4 years earlier and it still sold for more - <a href="http://coins.ha.com/c/item.zx?saleNo=416&lotNo=3541" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=416&lotNo=3541" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=416&lotNo=3541</a></p><p><br /></p><p>Here is a $5 1875-CC, holed with XF details that sold for $822 in 2013 - <a href="http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=8680" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=8680" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=8680</a></p><p><br /></p><p>And a $5 1875-CC in VG10 that sold for $2300 in 2011 - <a href="http://coins.ha.com/c/item.zx?saleNo=1140&lotNo=8809" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1140&lotNo=8809" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1140&lotNo=8809</a></p><p><br /></p><p>While not exactly what you asked for they are all scarce coins, all holed with higher details, and yet all sold for a fraction of the cost of low grade problem free examples.</p><p><br /></p><p>That answer your question ?[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1885701, member: 112"]I'd love to answer your question, but after a good bit of time spent searching I can't even find examples to compare to each other given your parameters. I even looked at coins going up into the 1850's and can no find no records for comparison. In order for records to have any meaning they must be for the same coin, same date/mint, and be from the same rough time frame. I can find records that 10, 15, even 20 years apart, but they are worthless for comparison purposes because of changes within the market over that period of time. But I did manage to find something to work with. Here is an example of an 1877-CC $5, holed with AU details. It sold for $805 in 2010 - [url]http://coins.ha.com/c/item.zx?saleNo=1137&lotNo=1603[/url] And here is an example of an 1877-CC $5 in F15. It sold for $2,300 in 2011 - [url]http://coins.ha.com/c/item.zx?saleNo=1156&lotNo=4649[/url] That's pretty much the parameters you set. So no, the problem coin with more remaining detail is not worth more than the problem free example with significant wear. In fact the opposite is true. Same kind of thing happens with the $5 1870-CC. Here is a holed example XF details that sold for $4312 in 2010 - [url]http://coins.ha.com/c/item.zx?saleNo=1144&lotNo=5357[/url] Here is an 1870-CC $5 F15 that sold for $5462 in 2006, 4 years earlier and it still sold for more - [url]http://coins.ha.com/c/item.zx?saleNo=416&lotNo=3541[/url] Here is a $5 1875-CC, holed with XF details that sold for $822 in 2013 - [url]http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=8680[/url] And a $5 1875-CC in VG10 that sold for $2300 in 2011 - [url]http://coins.ha.com/c/item.zx?saleNo=1140&lotNo=8809[/url] While not exactly what you asked for they are all scarce coins, all holed with higher details, and yet all sold for a fraction of the cost of low grade problem free examples. That answer your question ?[/QUOTE]
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Just picked up my first old gold. Any opinions on grade/value?
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