Posted 10 years ago
DDMANDE
(1 item)
1853 gold coin from family member....I am very interested in knowing what it is worth? The coin came in original gold box. Coin in very good condition..most likely uncircuated
1853 Gold 2 1/2 Dollar coin | ||
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First of all, it would need to be authenticated as real and not a copy or replica. Cannot enlarge your photos. -- Second, in 1853 there was an 1853 minted and also an 1853 with the D mintmark (the mintmark would be on the reverse directly above the "2 1/2 D.") - There were 1.4 million minted of the 1853 but only 3,178 minted with the D mintmark so value would have a considerable difference.
Thank you for that info aghcollect.....I will get it authenticated. Also, my knowledge is limited to coins, collecting, etc...I looked for the D mintmark but found what looked like three small lines above the "2 1/2 D"......I will try to improve the pictures!
The first link shows a standard quarter eagle coin without the mintmark (reverse side); http://coinauctionshelp.com/Liberty_Head_2.50_Quarter_Eagle.html#.VOI_MPnF9vk
The second link shows an 1853 with the D mark;
http://www.pcgscoinfacts.com/Coin/Detail/7768
Sorry, the first link just went to a "generic" site.
Second link shows the 1853 D - without the D you would just see the ends of the arrows beneath the eagle image.
Ok, thanks again aghcollect...as much as I mentally willed there to be a D mintmark/ there was none...so I understand it's value, once authenticated, will be considerably less...
Incidentally, at current gold bullion spot value it would be about $150, but if you have an authenticated coin and it has been kept in that holder so very little wear the value could be about $385-$425 (estimated) - value will always take condition into consideration. - And gold spot value changes daily ($1230 an oz today, but topped $1880 an oz in Sept 2011) - Save it as a family heirloom or if anything as an investment item.