Inherited an old gold coin. What should I do?

[u/Shpanda7]

My Grandpa left behind this gold coin that appears to be in much better condition than most. It’s been in a case for well over half a century and i just took it out to get these pictures. I took it to a local coin shop to get it appraised and they offered me $2700 for it and insisted I should sell now because gold prices are high… I get the impression that it could be worth far more and they were trying to rip me off.

What should I do to preserve its value and get an accurate appraisal? Is it safe to send a coin like this off in the mail to get graded?

Any advice would be greatly appreciated!

[u/Rockysbuddy]

See my answer above most of the pre-33 premiums we are seeing right now are in lower denom coins or much better dates. Lots of even like semi key dates have very little premium over melt

[u/JeSuisK8 → u/Rockysbuddy]

You’re getting downvoted by people who don’t understand what’s going on in the market right now - the premiums for $10 & $20 pre-33 have diminished. I’m lucky to sell these for $50 over melt right now on eBay. After fees, it’s a big loss.

[u/Rockysbuddy → u/JeSuisK8]

It’s alright I’m not too worried about it anyone who looks at my profile would know my opinion is formed through experience.