Anyone know gold coins too?

[Belfast1933]

Wondering if any members here also know something about 110 YEAT old gold coins - am trying to get some trusted help and guidance on what I have here and the best way to sell (to fund my card needs, naturally!)

So far, I think I have roughly confirmed these to be 1910 and 1911 gold coins (I’m told they are $2.50 piece coins but I have no idea how to validate that)

As you can see, they were turned into cufflinks so the value is more related to solid gold cufflinks than the coins alone.

Does it on here for double duty in both cards and gold gold coins like this?

Thanks for any advice –

Jeff

[butchie_t]

The denomination is on the reverse of the coins at the bottom rim. Are the coins soldered into the cuff links? If so, one way you will tell for sure is to desolder them. Take them to a jewelry shop and let them do it.

You can also measure the front. It should be 18mm rim to rim and that is also indicative of a 2.5 dollar coin.

Oh and they are 90% gold and 10% copper alloy and not pure gold. Still will bring a nice sum at melt value if the coins are damaged by soldering. Find a local coin dealer and see what you can get after you get them out. Or just see what a coin dealer will offer you.

[Peter_Spaeth]

Agree, doubt they have much value beyond melt, if a $20 coin from that era is about one ounce (less the amount of the alloy in the coin), a $2.50 coin is probably an eighth of that. BTW that coin also comes in a $5 denomination.

[Belfast1933]

Thank you both for your advice… I actually did receive an offer last night from an EBay Jewler to purchase as-is for $1200 for the pair. He indicated the resale value to be around $2k

Does that seem reasonable to both of you?

The other thought I have is to try and sell these myself on eBay to try and get closer to the $2k retail value but I am (obviously!) not a jewelry seller so I’m not sure I’d get the attention or credibility needed to sell at that level.

Thanks again for the advice

Jeff

[vintagetoppsguy]

Originally Posted by Belfast1933

Thank you both for your advice… I actually did receive an offer last night from an EBay Jewler to purchase as-is for $1200 for the pair. He indicated the resale value to be around $2k

Does that seem reasonable to both of you?

The other thought I have is to try and sell these myself on eBay to try and get closer to the $2k retail value but I am (obviously!) not a jewelry seller so I’m not sure I’d get the attention or credibility needed to sell at that level.

Thanks again for the advice

Jeff

If you got a $1200 offer, it's probably not legit. If it is legit, you should accept it quick! The coins themselves sell for a little under $500 each...and that's if they're not damaged from the bezels. The bezels may be be worth $100 each in scrap. I see maybe $1200 value there are best...no way $2K

[Jim65]

I wouldn't take the first offer, at least check around.

If they are $2.50, the current melt is just over $234 each. If the case around the coin and chain are gold, that would add to the value obviously. Take it to a jeweler and ask them to test if the chain and bezel are gold. Make sure you tell them you aren't interested in selling.

[Belfast1933]

Love this forum…. Even when I think I’m asking the most obscure question (gold coin cufflinks??) I still get helpful advice.

Thanks all - I really appreciate it.

Does anyone know of any reliable jewelers who I could bring these to to test the gold AND get the total weight in gold?

Would any jeweler be able to do this?

Jeff

[vintagetoppsguy]

Originally Posted by Belfast1933

Love this forum…. Even when I think I’m asking the most obscure question (gold coin cufflinks??) I still get helpful advice.

Thanks all - I really appreciate it.

Does anyone know of any reliable jewelers who I could bring these to to test the gold AND get the total weight in gold?

Would any jeweler be able to do this?

Jeff

• Jewelry Store
• Pawn Shop
• One of those "We Buy Gold" Places
• Coin Store

Any of the above places can test it for you.

But you would not go by the total weight. The coins are 90% gold, the bezels and chains are more than likely 10k (41.7%) or 14k (58.3%) gold. You would factor the bezels separately from the coins.

I can tell you the coins weigh 4.18 grams each and only 90% of that is gold.

4.18 X 2 = 8.36 total grams
8.36 X .9 (amount of gold content) = 7.524 grams of actual gold

Based on this gold estimator, with gold @ $1920 per ounce, you're looking at $418 in melt value (not including the bezels). But, as someone already stated, these are worth more than melt value assuming the coins are ok.

[butchie_t]

Jewelers are gonna more than likely undercut you. Find a coin dealer to work with. They will probably get closer to a better offer than a jeweler would.

You want to maximize your return. And if there is gold in the holders and the chains, you will probably get a better return from the coin dealer. Understand that they will also get their margin on the offer to you as well. But it will probably be better than the Jeweler. IMHO.

B. T.

Originally Posted by Belfast1933

Love this forum…. Even when I think I’m asking the most obscure question (gold coin cufflinks??) I still get helpful advice.

Thanks all - I really appreciate it.

Does anyone know of any reliable jewelers who I could bring these to to test the gold AND get the total weight in gold?

Would any jeweler be able to do this?

Jeff

[Belfast1933]

Update on my gold coin cufflink learning curve!
Have gotten other interested buyers and am learning through those discussions.

I just bought a digital scale - looks like 29.20 grams total weight - does that help me determine a more definitive value?

Also, can anyone here help me tell for sure if these are $2.50 or $5 pieces based on these photos and weights?

Thx again all

Jeff

[vintagetoppsguy]

Based on the weight, those are $5 Indians. That changes the numbers. Let me re-run the numbers.

[butchie_t]

Get a ruler and measure the diameter. And if they are $5 verses $2.5 based on you weights and the measurement, WOOT! Better score than you initially thought.

Get a ruler that measures in mm. Measure the front of the coins diameter.

21.6 mm is what you are looking for. Check the link below. You can see where the denomination is located on the back of the coins.

https://www.usacoinbook.com/coins/go...e/indian-head/

Cheers!

B. T.

[butchie_t]

Do you have a loupe or a magnifying glass?

Check the mounts and the chains and see if there is a karat marking on them.

They look gold but may not be. Hard to tell. Sure think the coin mounts are gold too. Hope so....

Edit: The first picture, chain on the right, looks like there is a mark on the hasp. Check that out with a magnifying glass and see if you can make out the markings.

B. T.

[vintagetoppsguy]

Melt Value:
A $5 Indian weighs 8.359 grams
8.359 grams X 2 coins = 16.72 grams
16.72 grams X .9 (gold content) = 15.05 grams of actual gold
Using the calculator in the link below with gold being $1920, the coins would have a total melt value $836.16

If the total weight of everything is 29.20 grams and we know the coins weigh 16.72 grams, the means the bezels and chains weigh 12.48 grams combined. We don't know the purity, but let's just assume they're 10k. Using the same calculator, 12.48 grams of 10k gold would have a melt value of $321.02. And of course if they're a higher purity, they would indeed be worth more.

Your total melt value would be $1157.18 (or higher depending on the purity of the chains and bezels).

http://coinapps.com/gold/gram/calculator/

That said, these are worth more than melt value assuming no damage to the coins. I think you could get about $1400 ($700 each) for the coins, but you'd still only be looking at melt value for the chains and bezels.

Good luck! Keep us posted.

[Belfast1933]

The plot thickens… it looks like these might be $5 coins, right?

Now I’m wondering if I should just list on eBay and try and sell myself

(Feels like 1-2 of the dealers might be trying to slip a fastball by me here - “they are $2.50 pieces, I see these all the time!”)

Not cool, dude. (You guys are all so great to help me out… helps me get my Cobb!)

Here is the measurement

[vintagetoppsguy]

As Butch mentioned, it looks like the hasp is marked, so see if you can read the purity. You'll definitely need that to list them on eBay as that's something a perspective buyer will want to know.

[egri]

I have nothing to add that hasn't already been said, but I just want to say those are some very beautiful coins! I hope you're able to liberate them from the cufflinks; I always thought it was a shame to take a coin like that and turn it into jewelry.

[vintagetoppsguy]

Originally Posted by egri

I hope you're able to liberate them from the cufflinks; I always thought it was a shame to take a coin like that and turn it into jewelry.

Same. If those were mine and I were selling them, I would have the coins removed and sell them separately and then sell the bezels and chains for scrap. Then again, if those were mine, I'd probably keep the coins and still sell the bezels and chains for scrap.

[butchie_t]

Jeff,

Yes, $5.00 gold coins based on that measurement. Now find out about all the other gold potential around them. Find those karat marks. There is more potential money to be found man!!!!!

Cheers,

B. T.

[Belfast1933]

Originally Posted by butchie_t

Jeff,

Yes, $5.00 gold coins based on that measurement. Now find out about all the other gold potential around them. Find those karat marks. There is more potential money to be found man!!!!!

Cheers,

B. T.

You guys inspired me, man! I found the Kt marking… she’s 14kt. See below (how much I’ve learned here already!)

[butchie_t]

Aaaaa HA!

Sweet, that will squeeze a bit more coin for you out of the cache.

I have to second vintagetoppsguy on a previous comment. Find someone who will get those coins out of the holders. If they come out and are not damaged, and depending on the mint marks, there is more potential value to each of those coins depending on where they were minted.

At a minimum, you know you have melt value to them and the jewelry around them. If the coins are undamaged there is the potential of a better return.

You should separate the coins from the holders so you can get a more accurate accounting of both coin and jewelry. Both accurately weighed instead of a ballpark weight. 90% for the coins and 58% gold for the 14k parts.

It is all about the Cobb sir.

[Belfast1933]

Good morning all

I wanted to thank you all for your really insightful advice last weekend with my $5 gold coin cufflinks

I have decided to sell them and wanted to ask if you might know of anyone who you know might be interested in these - I have been in touch with a few potential buyers but have not locked in a deal yet.

Based on all of your advice, I am hoping to get $1500 Net to me for the pair - thanks for any leads or ideas you might have…. I posted them on EBay but I don’t know how much attention I’ll get since I am obviously not a jewelry seller there.

Thanks again, all!

#tyCobborBust

[vintagetoppsguy]

Please don't take what I say the wrong way, but people really don't wear that kind of jewelry much anymore. I think you're going to have a hard time selling them as cuff links. I think to make the most money, you'll have to remove the bezels and chains and show that the coins aren't damaged. If they're not, you can list them on eBay and get about $700 each. Then you could sell the bezels and chains for scrap. That would get you a little more than the $1500 you're hoping to net. But if the coins are damaged, then the whole thing isn't worth more than scrap value. Anyway, that's just what I'd do. Heck, if I knew the coins weren't damaged, I'd give you $1500.

[Belfast1933]

Originally Posted by vintagetoppsguy

Please don't take what I say the wrong way, but people really don't wear that kind of jewelry much anymore. I think you're going to have a hard time selling them as cuff links. I think to make the most money, you'll have to remove the bezels and chains and show that the coins aren't damaged. If they're not, you can list them on eBay and get about $700 each. Then you could sell the bezels and chains for scrap. That would get you a little more than the $1500 you're hoping to net. But if the coins are damaged, then the whole thing isn't worth more than scrap value. Anyway, that's just what I'd do. Heck, if I knew the coins weren't damaged, I'd give you $1500.

That sounds like good advice - can you advise how to find the right Jeweler (or coin dealer?) to extract the coins to determine if the coins are in good shape?

[vintagetoppsguy]

Originally Posted by Belfast1933

That sounds like good advice - can you advise how to find the right Jeweler (or coin dealer?) to extract the coins to determine if the coins are in good shape?

I would think any jeweler should be able to do it. But make sure you let them know to be careful with the coins. A coin shop might be able to do it as well and they would know to be careful with the coins.

[Belfast1933]

Final chapter… just want to close down the thread with good news and thanks. Butch helped me find a well regarded and fair local coin shop and I just drove there, nice guys and a fair deal for sure. Just a 1/2 whisker where I hoped to end up.

Thanks again to all for your very helpful advice - now… back to my red portrait Cobb search!

[butchie_t]

Its all about the Benjamins for the Cobb!!!

Very stoked that it worked out for you and happy to help a fellow collector!

Cheers,

Butch

[vintagetoppsguy]

Originally Posted by Belfast1933

Final chapter…

It's not final chapter until you update this thread with a scan of the Cobb.

Good luck in your search.

[butchie_t]

Originally Posted by vintagetoppsguy

It's not final chapter until you update this thread with a scan of the Cobb.

Good luck in your search.

Booyeah!

What he said.

B. T.

[Belfast1933]

Originally Posted by butchie_t

Booyeah!

What he said.

B. T.

You can count on it!

Jeff

[Belfast1933]

Not sure if any of you kind people are still tuned into this Gold Coin issue from a few weeks ago (thx again)

But if you are, here is the final chapter, as requested.

I just agreed to purchase this beauty of a Cobb from a fellow Net54er with the big assist of the funds of the sale of the coins

Welcome to the “Gross Collection” Ty!

Thx again, all

Jeff

[butchie_t]

WOOOOOOOOO HOOOOOOOOO!

Congrats on the quest Jeff. Looks awesome and glad you lassoed your Cobb!

Cheers,

B. T.

[vintagetoppsguy]

Nice eye appeal. Congrats!

[BobbyStrawberry]

Originally Posted by Belfast1933

Not sure if any of you kind people are still tuned into this Gold Coin issue from a few weeks ago (thx again)

But if you are, here is the final chapter, as requested.

I just agreed to purchase this beauty of a Cobb from a fellow Net54er with the big assist of the funds of the sale of the coins

Welcome to the “Gross Collection” Ty!

Thx again, all

Jeff

Wonderful! That's a beauty