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re: Other coin experts
Posted on 8/30/16 at 8:48 pm to Dandy Lion
Posted on 8/30/16 at 8:48 pm to Dandy Lion
I'm going to go out on a limb here and say they're worth AT LEAST $1 each.
1
Posted on 8/30/16 at 8:48 pm to hugo
TDbroke@yahoo.com if you really are interested in selling. I've been collecting for 40 years
Posted on 8/30/16 at 8:49 pm to Broke
quote:
I've been collecting semen for 40 years
fixed
Posted on 8/30/16 at 9:00 pm to hugo
quote:I don't have first hand experience in either of those cities. In the NOLA area, Causeway Coin in Metairie is straight up honest. Here's their BBB rating-
Alexandria is closest "big" city. But I'm in Lafayette at least once a week.
LINK
Your US Gold Coins are what's called "slabbed". They have been graded by a third-party and encapsulated in plastic holders. Their value is much less subjective than if you brought a loose coin in to a dealership, the condition of a loose coin (called it's "grade") is subjective at that point and that can greatly affect the coin's value.
A reputable dealer should give you very close to the market value of a slabbed coin.
Think 85% to 95% of those values I gave you.
A pawn shop would be under 50%.
Posted on 8/30/16 at 9:01 pm to hugo
There are two things to consider when valuing coins like these.
1. There is the numismatic value which is the value that a collector uses based on how rare these coins are. (These are not likely to be rare)
2. Next is the melt value for the gold. Any reputable coin or precious metals dealer will give you fairly close to the melt value. (You should easily get at least 90% of the melt value).
I would recommend going to the "Coin Guy" store in Denham Springs he will give you very close to the melt value on those coins.
The prices quoted above are the melt value of the coins.
1. There is the numismatic value which is the value that a collector uses based on how rare these coins are. (These are not likely to be rare)
2. Next is the melt value for the gold. Any reputable coin or precious metals dealer will give you fairly close to the melt value. (You should easily get at least 90% of the melt value).
I would recommend going to the "Coin Guy" store in Denham Springs he will give you very close to the melt value on those coins.
The prices quoted above are the melt value of the coins.
Posted on 8/30/16 at 9:04 pm to CaptainsWafer
quote:
I'm going to go out on a limb here and say they're worth AT LEAST $1 each.
According to the sellers on TV, they're U.S. Legal Tender, so Walmart has to accept them at face value. It's the law!
Posted on 8/30/16 at 9:04 pm to OWLFAN86
Still bringing your particularly contentious brand of love & happiness to the board I see, mi amigo¿
I'll be in Quintana Roo and Yucatán this weekend.
Anyone to visit for you?
I'll be in Quintana Roo and Yucatán this weekend.
Anyone to visit for you?
Posted on 8/30/16 at 9:08 pm to soccerfüt
shite ive got proof sets since 1960
They aint worth shite
They aint worth shite
Posted on 8/30/16 at 9:11 pm to TheGooner
quote:Not the prices I quoted sport.
The prices quoted above are the melt value of the coins.
An ounce of gold is $1,316.90 today.
Half of that is $ 658.45.
The 1986 $25 US gold coin has 1/2 of an ounce of gold in it.
I said that $25 coin was worth (according to NGC)
$ 1,200.00 NOT $ 658.45
Make sure of your facts before you post something that is not true.
This post was edited on 8/30/16 at 9:13 pm
Posted on 8/30/16 at 9:13 pm to Drop4Loss
Local shops are going to offer you at or below spot price for coins. Even if they are graded. Contact APMEX. It's all they do. They have set buy prices above spot for random year coins. I've sold thousands of coins to them. Never a single issue.
Posted on 8/30/16 at 9:14 pm to Drop4Loss
"You should easily get at least 90% of the melt value)."
Got dam were full of shite here
If they give ya 90 % of value what the frick are they makin ?
Melt value.come frickin on......
Got dam were full of shite here
If they give ya 90 % of value what the frick are they makin ?
Melt value.come frickin on......
Posted on 8/30/16 at 9:17 pm to Drop4Loss
Any body want some proof sets ?
Posted on 8/30/16 at 9:30 pm to hugo
The grade is not as impressive as it sounds because these coins were minted at high numbers and most went immediately into collections. As an investment, it was not the soundest in the world, but not terrible either.
1986 was the first year they started minting these, however, so you've got that in your favor, but considering the high volume of both the number of coins minted and the commonality of them being high grade, I don't think they'd currently fetch much higher than straight bullion prices.
If you don't need the money, I'd say hang onto them. They won't go down in value, the price of gold may one day skyrocket again, and/or many may fall out of circulation due to loss or theft.
These pieces are considered a joke among serious collectors, but they aren't worthless either.
1986 was the first year they started minting these, however, so you've got that in your favor, but considering the high volume of both the number of coins minted and the commonality of them being high grade, I don't think they'd currently fetch much higher than straight bullion prices.
If you don't need the money, I'd say hang onto them. They won't go down in value, the price of gold may one day skyrocket again, and/or many may fall out of circulation due to loss or theft.
These pieces are considered a joke among serious collectors, but they aren't worthless either.
Posted on 8/30/16 at 9:35 pm to blueboy
quote:This.
If you don't need the money, I'd say hang onto them. They won't go down in value, the price of gold may one day skyrocket again, and/or many may fall out of circulation due to loss or theft.
These pieces are considered a joke among serious collectors, but they aren't worthless either.
You can give them to your kids or your grandchildren for big events.
I've done that with older coins for graduations, weddings, etc.
Posted on 8/30/16 at 9:37 pm to soccerfüt
quote:when I try to be civil I get complaints
Still bringing your particularly contentious brand of love & happiness to the board I see, mi amigo¿
Posted on 8/30/16 at 9:44 pm to soccerfüt
Thanks for all the info provided. Think they will reside in a saftey deposit box for awhile.
Posted on 8/30/16 at 9:51 pm to OWLFAN86
quote:I got your back, comrade.
when I try to be civil I get complaints
Posted on 8/30/16 at 9:52 pm to soccerfüt
you know In not Mexican
Posted on 8/30/16 at 9:54 pm to OWLFAN86
I like my story better.
Posted on 8/30/16 at 10:00 pm to blueboy
quote:
1986 was the first year they started minting these, however, so you've got that in your favor, but considering the high volume of both the number of coins minted and the commonality of them being high grade, I don't think they'd currently fetch much higher than straight bullion prices.
Read the entire thread thinking these were 1896 coins, misread the OP, and thinking damn you don't get much for an uncirculated 100+ year old gold coin?
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