How can it be determined if this coin is uncirculated or not? Also, I am interested in getting an idea of what this coin is worth. Thanks.
The 1885 $5 Liberty Head gold coin, known as a half eagle, can have significant value depending on its condition and whether it is circulated or uncirculated. To determine if your coin is uncirculated, examine the high points for signs of wear. Uncirculated coins should have no visible wear, with original mint luster intact.
Values can vary widely:
Circulated coins: Generally worth around $500 to $800, depending on condition.
Uncirculated coins: These can range from $1,000 to several thousand dollars based on their grade (using the Sheldon Scale, ranging from MS60 to MS70).
If you’re uncertain, it’s best to consult a professional coin grader to get an accurate evaluation and potential certification, which can help in establishing its true value.
Values can vary widely:
Circulated coins: Generally worth around $500 to $800, depending on condition.
Uncirculated coins: These can range from $1,000 to several thousand dollars based on their grade (using the Sheldon Scale, ranging from MS60 to MS70).
If you’re uncertain, it’s best to consult a professional coin grader to get an accurate evaluation and potential certification, which can help in establishing its true value.
The coin looks be in good shape. Assuming it's real, with the gold price at $2685 this weekend, you are probably looking at a minimum value of $800. Possibly over $1,000 depending on its condition which unfortunately is impossible to determine with photos. First, make sure the coin weighs around 8.36 grams.
High-value numismatics such as your specimen should be appraised, graded, and slabbed by a licensed coin dealer. It will be easier to sell and give you a real idea of its true value. Of course, the coin dealer may offer to buy it from you outright, albeit at a probably reduced price. Find a coin dealer licensed by PCGS or NGC. Avoid pawn shops unless they are licensed by one of the two mentioned coin grading services.
We refer you to a couple articles from our library that might be of interest to you:
Coin Grading 101
A Rundown of the Different Coin Slabbing Services & Distinctions Among Them
Good luck!
High-value numismatics such as your specimen should be appraised, graded, and slabbed by a licensed coin dealer. It will be easier to sell and give you a real idea of its true value. Of course, the coin dealer may offer to buy it from you outright, albeit at a probably reduced price. Find a coin dealer licensed by PCGS or NGC. Avoid pawn shops unless they are licensed by one of the two mentioned coin grading services.
We refer you to a couple articles from our library that might be of interest to you:
Coin Grading 101
A Rundown of the Different Coin Slabbing Services & Distinctions Among Them
Good luck!
Attached please find photos of the coin in question. It's my hope this will improve the prospects of arriving at a value for this coin.
Thank you for your reply. I look forward to hearing back from you should these pictures be of any assistance with determining this coin's value.
Sincerely,
R. Cruz
Thank you for your reply. I look forward to hearing back from you should these pictures be of any assistance with determining this coin's value.
Sincerely,
R. Cruz
It is nigh on impossible to appraise a coin on the internet, and without images we couldn't even ballpark its possible condition. That said, any sign of wear means that it is circulated. Assuming you are referring to an 1885 $5 gold liberty head you can get an idea of its possible value here: https://coinvalues.com/liberty-head-half-eagle/1885. Keep in mind that our estimated values in that article are based on circulated specimens in very fine condition. Don't confuse your coin's value with the "Melt Value" posted on top of the page. You will have to read the article to see the very fine condition values. Obviously if it happens to be uncirculated then values shoot up dramatically.
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