🥇 BANNER 1862 S $10 gold

Tom_in_CA

Gold Member
Mar 23, 2007
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Got my 15th gold coin. And a key-date gold coin. 1862 S $10. Will probably only merit a "40" grade at best, eh ? Plus I knicked it on the reverse below the "ten" (aargghh).

Got this over the weekend with a buddy on a reconn. trip to a new site we've been researching. A defunct country/mountain resort "in California".

Aside from this one coin, we got no other coins. Which was strange, because we got no lack of other period targets of a 'personal' effect nature. Eg. buttons, harmonica reeds, spoons, suspender clips, period match safe box, etc.... (as opposed to period bullet shells, period building debris, etc...). Will post pix of the other items in the day to come. In the meantime, here's the coin.

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Upvote 148

fongu

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Mar 30, 2012
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Excellent find on the gold coin and I can't imagine finding one, but 15 in my metal detecting history would probably be too much for my little fat heart, but I'd go with a smile on my face. Love to find one of those match safe's almost as much as finding a gold coin. It is in excellent condition. Those items bring history alive to all of us and it's part of the attraction of our hobby. What is that item that looks like a jewish artifact or is that what they used to put on their houses or barns and call a pentagram? Probably spelled that wrong and may have used the wrong words, but those finds are so interesting and thanks for sharing.
 

OcdChaos

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Dec 29, 2016
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I live for the day that I find something like that. Very nice!
 

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Tom_in_CA

Tom_in_CA

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Mar 23, 2007
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.... What is that item that looks like a jewish artifact or is that what they used to put on their houses or barns and call a pentagram?... .

Good question . I don't know. It has some sort of little hanging chad on the inside. Someone on another forum said it was a "star of David".
 

Cal_Cobra

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Oct 3, 2008
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Good question . I don't know. It has some sort of little hanging chad on the inside. Someone on another forum said it was a "star of David".

I told you it was a star of David when you dug it. It looked like it also had some fancy designs around the star as well. If you look at the hanging part in the center with a magnifying glass, you might be able to figure out what it was.
 

Blak bart

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Jun 6, 2016
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Wow tom I missed that but, wow !!! Number 15 !!!! Sweet work you deserve that banner. Your research and common sense approach always pay off. Great work I'd vote banner but its already there
 

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Tom_in_CA

Tom_in_CA

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Thanx everyone again for all the kind words ! Even though I didn't respond to each and every comment, I did read down all the replies. Thanx again for sharing in this milestone with me !

I told you it was a star of David when you dug it. It looked like it also had some fancy designs around the star as well. If you look at the hanging part in the center with a magnifying glass, you might be able to figure out what it was.

Yes, I recall you too had said "star of David". And then "Curt" had suggested that on the other forum. I just wasn't sure if the design could be a design with no particular significance as well. And yes: There is a design work etched in the middle.

Looking now at google images, it's definitely, as you said, the star of David. As for the little dingle-bob in the middle (which is broke off and loose now): Under magnification, it had the shape of cross sabres or cross-cannons. But under scrutiny: that's only the shape. Yet it is not swords or cannons. Nothing on google images has/shows a little hanging dingle-bob within the inside. So ... I guess it will just remain a mystery.
 

sandchip

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Oct 29, 2010
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They don't look that good straight out of the U.S. Mint! MS71! What a beauty!
 

gold fever pete

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Congrats on a banner................. You really deserve this one:hello2::notworthy:. HH GFP
 

treasuresalvor

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Mar 14, 2011
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Beautiful coin
 

Doc Arey

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Banner for sure!<img title="hello2" class="inlineimg" alt="" src="http://www.treasurenet.com/forums/images/smilies/hello2.gif" border="0" smilieid="253">
 

Ed (Upstate NY)

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Aug 19, 2007
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Great find. I'm only 14 gold coins behind you !
 

doggoneitdignit

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Beauty Eh! I can't stop starring at it most beautiful old 1800 U.S. coin I have saw to date. The small hair line scratch at the bottom I'm hardly even noticing compared to the rest of the quality of the coin itself, a remarkable BANNER find congrats on your 15th coin, just speachles, keep them coming Tom!:coins:
 

JeffInMass

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Wow!! 15 gold coins?!?!? Simply amazing! You west coast hunters got the advantage all over us east coast guys when it comes to gold coins- Congrats!!

-- Jeff --
 

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Tom_in_CA

Tom_in_CA

Gold Member
Mar 23, 2007
13,837
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Salinas, CA
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Thanx everyone for the added views and comments !

Was it in water??

No, it was a land find.

Are ya gonna have that little beauty appraised?? I'll bet it's gonna shock ya!!:thumbsup:

Thanx for the encouragement T.C. From all the prompts, yes I'll "splurge" for the cost of slab/grade. For non-PCGS members I think it's something like $40 (?) to send in. Then the cost of postage and postal ins, etc....

However, despite the "shiny appearance" : I've studied the photo-grade on-line guides so far. And truth be told: some of the key-points they're going to scrutinize, are NOT in the grades above 40-ish. So I'm guessing it'll be only in the 40-ish range of grade. And that would put it in the $6500 range, according to the latest sheets. HOWEVER: with so few changing hands (less than 100 known), this is the type of coin that can set new price, at any new sale. So for example, the last listed sale I've seen on another link (which tracks buy/sells of key-date rarer coins) shows the last sale of this one was 2 yrs. ago. Hence I"m guessing that for coins changing hands so infrequently, there's a lot of wiggle room on actual realized value. Versus ones that change hands all the time in buy/sell, where buyers are going to be more stingy to stay at/within the guide-sheet range.

thanx guys !
 

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