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Coin Dealers Want To Buy Gold Coins Like This!
2024 Coin Collecting, Blog

Coin Dealers Want To Buy Gold Coins Like This!

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Coin Dealers Want To Buy Gold Coins Like This! Amazing Gold Coin Type PCGS Submission! What’s It Worth!
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I recently sent off an incredible gold type set for grading, and I’m excited to reveal each piece. We’ll discuss the retail values from various sources, including the Coin Dealer Newsletter, PCGS, and the Gray Sheet, along with melt values.

If you need help with coins, please visit Coin Auctions Help; the link is in the video’s description and pinned comment. I also have over 1,800 educational videos, so check out my channel by clicking the Coin Help You link below the subscriber count. Additionally, visit PortsmouthCoinShop.com to view the coins we have for sale.

Let’s take a look at the gold type set I received back from PCGS. The first coin is an 1874 $1 graded MS64. It’s a beautiful type three Indian Princess coin—one of my favorites with intricate design details. This coin likely circulated at one time but has maintained its grade without significant wear.

The retail values are as follows: PCGS lists it at $1,125, the Coin Dealer Newsletter at $975, and the Gray Sheet at $770, all well above melt value.

Next, we have a 1905 $2.50 gold piece, also graded MS64. This coin has exceptional patina and seems to have details worthy of a higher grade. Its values are: PCGS at $825, CPG at $700, and Gray Sheet at $540.

Then, there’s an AU53 $3 coin, which is often counterfeited. It’s nice to see this one authenticated, and its values reflect its rarity: PCGS at $2,100, CPG at $1,650, and Gray Sheet at $1,310.

For the 1902-S $5, graded MS63, I believe it could have done better. This coin has a PCGS retail of $1,200, CPG at $950, and Gray Sheet at $739.

Next is a 1901 AU58 $10 Liberty. Initially, I was unsure if it had been cleaned, but in hand, it looks much better. Its values are PCGS at $1,610, CPG at $1,750, showing an increase in trend, while Gray Sheet is at $1,416.

One of the most famous coins is the 1928 MS65 $20 gold piece. Many consider it the most beautiful coin minted by the U.S. Mint. Its values are PCGS at $3,500, CPG at $3,600, and Gray Sheet at $2,890.

I don’t own these coins yet, as I made a deal requiring that they be graded. The total retail value for the PCGS is $1,360, CPG at $962.50, and the gold melt value is $514.

When the seller came to my shop, we discussed a deal. I offered him $5,600, which includes a risk concerning the authenticity of the $3 coin. He ultimately decided he’d rather have the coins graded for a better value, and I agreed.

I spent over $600 on this submission with the Gray Sheet at $766. While I don’t expect to sell it for $10,000, getting close to $9,000 seems possible. I might have to increase my offer to make the deal, but I enjoy the negotiation process.

Transparency is key; I ensure he understands all retail values and the grading costs. He appreciates my straightforward dealings, which is why I love this business. I strive to conduct my transactions ethically and professionally.

Thanks for watching this video; please like, share, and comment. Have a great day!

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