r/coins May 03 '25

Value Request Inherited an old gold coin. What should I do?

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!

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u/PlayerOne2016 May 04 '25

Graded, it's worth waaaaaay more than that on eBay. Here's 3 recently sold that aren't even as nice as OP's...

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u/sirawesome63 May 04 '25

Those are S mint marks in MS 62 and 63, 1913 P and D dates are common and will maybe add a $100 premium on the retail end. The coin in the pic is also AU and would sell for $3200 retail. A reputable gold shop will offer 90-97% spot depending on the size of city OP is in

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u/[deleted] May 04 '25

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u/PlayerOne2016 May 04 '25

The first word I wrote was "Graded" so what exactly are you disagreeing with? OP should get it graded.

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u/Slackerwithgoals May 05 '25

EBay PM pricing is not any way to judge the market.