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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
 Posted - 12/01/2009 : 14:44:24
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I have the opportunity to buy a 1903 Liberty Head Quarter Eagle gold coin. However, it has been soldered into a gold bezel. Does that make the coin pretty much worthless and only worth the gold value? Is there a way to have it professionally removed from the bezel?
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
Edited by - PennySaved on 12/01/2009 14:49:56 |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 12/01/2009 : 15:07:53
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| Even with being professionaly removed it will still have soder marks and mostlikely contact marks. It most likely is just worth melt. |
Copper Penny Investing
www.portlandmint.com |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 12/01/2009 : 15:09:46
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| I guess the bezel would add a small amount to the gold content. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 12/01/2009 : 15:21:57
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| Is there a way to buy pre-1933 coins for an affordable price without paying a big premium? I have some pre-1933 European gold coins but would like some US. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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country_bumpkin
Penny Sorter Member
USA
86 Posts |
Posted - 12/01/2009 : 16:03:12
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No.
They are in high demand, that's why they have a premium.
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“He who goes a-borrowing, goes a-sorrowing.”
- Benjamin Franklin |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 12/01/2009 : 16:13:38
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| So there is no premium on the ones that are soldered for jewlery? |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 12/01/2009 : 16:38:45
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| These coins are in high demand as collector coins. Once damaged, they fall in the cull category which pretty much removes the numismatic premium that other gold liberties entertain. |
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The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 12/01/2009 : 16:43:32
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| Is that the same with the ones that you see that are cleaned or polished that APMEX sells? |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 12/01/2009 : 17:10:53
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quote:
Originally posted by PennySaved
Is that the same with the ones that you see that are cleaned or polished that APMEX sells?
No, damaged US gold will sell for around gold spot. APMEX sells pre-1933 GOLD in the following categories: AU or better, EF or better, LIGHTLY cleaned or polished (IMO VF or better). Old GOLD less than VF (unless it is a rare date) would be the next category. Old GOLD that is damaged (unless it is a rare date) would be the bottom category. Numismatic collectors gravitate to the AU or better on common date old GOLD. Sorry to say, a damaged old GOLD, unless it is a rare date, will be valued near its GOLD spot.
Foreign old GOLD is collected in really two categories: BU and EF-AU. Unless it is a rare coin, they are worth near spot, sometimes less if they are not investment grade .900 fine or better. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Edited by - Country on 12/01/2009 17:16:14 |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 12/01/2009 : 17:17:20
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When gold was down in the 700s I did buy a $1 gold coin from APMEX that had a gold hook in the back. Not sure if it was a part of an earring or what. But I did buy a $1 coin from them that I guess would be considered in the damaged category.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 12/01/2009 : 17:19:35
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quote:
Originally posted by PennySaved
Is there a way to buy pre-1933 coins for an affordable price without paying a big premium? I have some pre-1933 European gold coins but would like some US.
I suggest offering your foreign GOLD for US GOLD trade on the forum. Depending on what coins you offer, someone might swap with you. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 12/05/2009 : 10:19:01
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quote:
Originally posted by PennySaved
Is there a way to buy pre-1933 coins for an affordable price without paying a big premium? I have some pre-1933 European gold coins but would like some US.
I have seen pre-1933 for sale on Craigslist. |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 12/10/2009 : 11:07:58
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| The main problem with any coin having soldered anything on it is there are numerous types of Solder and numerous methods of doing Solder. Many jewlery makers use actual Gold or Silver Solders and there are many varieties of even those. Also, there are numerous types of flux used in those processes and those too make differences in a method of removal. The worst part of attempting to remove any types of Solder is in most instances if not done by an expert, the Solder could actually flow over the coin making it even worse. |
Carl |
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Soldered 2 1/2 Liberty gold coin
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