St Gaudens-Should I Slab?

The question was "Should I slab ?"

The answer is NO. For all the reasons previously posted.

1924 is one of the most common dates, readily available up to MS63 for melt + 20 or so.

64s and 65s readily available all day long.

 

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Depends on your circumstances.

An over looked benefit of slabbing is if you have to sell under duress, health reasons, or if you pass on and someone else dumps the collection.

I live in an area that has long been without a dealer. The pawnshops would offer maybe $100 - $150 maybe less, unless the seller really can preasure them. They buy gold all day for a fraction of melt, jewelry. They may weigh it, they don't give anything for stones. They don't see coins as any different. They send anything in for melt. They may even claim it is fake and get it for a couple of bucks.

At least slabbed coins have a chance of getting to a dealer.

Now, if you have a good local dealer, you trade often, and have few worries, then keep it out and handle it often.

As for ex jewelry, if it isn't drilled or soldered, don't worry about it, nobody else will.

 

You did a nice job removing it from the bezel without damaging it further. I didn't see the tab marks, and did not relate the hit on the sun to the mount.

 

I've done a fair amount of art work..so I'm pretty deft with my hands.
As I mentioned in the previous post, no additional marks were created by removing the coin. If you go to the opposite side (noon position) of the coin from the sun, you'll see a tab mark in the "S". There is also a very small mark in the 3 o'clock position. The fourth tab at the 9 o'clock position (just above the eagle's beak) left no mark, but the coin is a very slightly different color. Oddly enough, my neighbor who is a rare U.S. gold coin dealer showed me a PCGC MS65 coin with marks that were bigger than anything on my coin.

There was no way I was going to leave it in the bezel which I considered to be pretty ugly.

Removing this coin from it's bezel was far easier (due to the size of the tabs) then a 1881-S 5 dollar gold piece I removed from another bezel.

The tabs were far smaller which was good in one way in that they left no marks when the coin was originally placed in the bezel. Challenging in another way because one slip of my dremel would have resulted in some pretty meaningful damage. I'll post pictures of this coin later.

As for the coin losing value because it was "ex-jewelry", I'm not sure why that would affect it's value. I think the value of the coin should be determined by its condition.

As I mentioned in a previous post, I would grade it EF-40. I suspect that it has been lightly cleaned which of course would affect the grade.

 

The tab mark on the bottom looks a lot like a bag mark..
I'm sure there are a number of graded coins out there with marks caused by something other than another coin..

 

I'm lucky. I have 3 trustworthy coin dealers near me.

Pawn shops are another ball game entirely..it's a margin loan..so the loan value is nowwhere near the actual value.

 

I agree...if I sent it to be graded..probably the best it would come back as is Genuine..not so much because of condition but due to the fact that I think it's been lightly cleaned..