Gold Coin

[Green Frost]

Bought this coin at an auction about 3 hours ago.

Any ideas on it?
Is it real gold?

Thanks

 

[kuger]

NHBandit...do I sense a dislike for California......Would'nt a minted coin be considered real an not a token. So would you sell a 1857s $10.00 gold at token value....Or would you sell it as a gold coin? JUST ASKING

Call em what ya will but seeing that all of the California private mints are the rarest gold coins,and highest valued,I will take them as a token anyday!!!!!Over any "Gov.Mint",G.C even!!!

 

[blai745]

the 1964 quarter was worth the $1.00, so you got a good deal.

I sold the coin to a gold shop for $5. After I talked to someone, and I'm guessing I should have sold it for more?

I dont care what anybody will think of selling to a gold shop but NEVER SELL ANYTHING TO A GOLD SHOP... Even I pay almost double of what they pay... for instance they would probaly pay you $12 a gram for 14k... I pay $21 to my clients

 

[Lucky13]

Look at it this way......Real or Not, You payed three bucks for it and its a pretty F***in` kool coin/token. Either way,You came out on the deal.

 

[eastcoastmetaldetecting]

YOU CAN RUB THE EDGE OF IT ON A PEACE OF BLACK SLATE, THEN PUT WATER ON IT AND IF THE MARK GLOWS OR RAZES UP ITS GOLD, IF IT DOESN'T SHOW UP AT ALL ITS JUNK, YOU CAN ALSO DO THIS TEST WITH GOLD RINGS ALSO. MIKE EASTCOAST

 

[hackleshinn]

Sorry Brother.When I was in the 3rd grade the teacher passed out one and the same token,also the seated lady coin ,but I could be wrong they just look very similar.WHO CARES<YOUR FINDIN!DON'T STOP NOW,YER ON A ROLL!

 

[Tony in SC]

The corroded edges are a dead giveaway. Gold is gold, allways. Tony

 

[Vin-Diesel]

I agree that using "due dilligence" is our respsponsibility, but PLEASE don't ever use that phrase again or I am going to have to NEVER come to the forums again. I have the absolute worst boss ever and she uses that phrase daily! I have come to hate it. Even though, I love all of you.



My boss went to the same school as yours. He sais that at least 3 times an hour, whenever I hear someone say it, I want to punch them in the ... well you get the idea..
Happy Hunting
Vin.

 

[Green Frost]

the 1964 quarter was worth the $1.00, so you got a good deal.

I sold the coin to a gold shop for $5. After I talked to someone, and I'm guessing I should have sold it for more?

I dont care what anybody will think of selling to a gold shop but NEVER SELL ANYTHING TO A GOLD SHOP... Even I pay almost double of what they pay... for instance they would probaly pay you $12 a gram for 14k... I pay $21 to my clients

I'm not sure where else I could sell it? Only one local coin dealer here and I have to set up an appt. to come in.
Any other suggestions?
There is ebay of course.

 

[kuger]

the 1964 quarter was worth the $1.00, so you got a good deal.

I sold the coin to a gold shop for $5. After I talked to someone, and I'm guessing I should have sold it for more?

I dont care what anybody will think of selling to a gold shop but NEVER SELL ANYTHING TO A GOLD SHOP... Even I pay almost double of what they pay... for instance they would probaly pay you $12 a gram for 14k... I pay $21 to my clients

I'm not sure where else I could sell it? Only one local coin dealer here and I have to set up an appt. to come in.
Any other suggestions?
There is ebay of course.

Heck,I would just keep it,its a neat representation!

 

[NHBandit]

NHBandit...do I sense a dislike for California......Would'nt a minted coin be considered real an not a token. So would you sell a 1857s $10.00 gold at token value....Or would you sell it as a gold coin? JUST ASKING

Dislike for California ? I just re-read my post to see what would give you that impression and I must be missing something. My comment was that these California gold coins were not made by any government agency, federal or state, and even though they have a denomination on them, they are therefore not "legal tender" and never were. They were used as money during the time they were made in the same way gold nuggets were used to pay for things. By weight and gold content. Even foreign coins were accepted most places based on the metal composition & the weight. That's why in my mind, they are more of a token than they are a "coin" since they were struck by private mints. Is that more clear ? The fact that they are shown in the redbook dosn't make them US mint issued coins. In fact they are technically even less "legal tender" than a Connecticut copper which was at least issued by the state government of CT. This is just my opinion and I'm sure there are those who will dissagree. To answer your other question, of course I wouldn't sell one for token value considering they are very rare and valuable and a cool piece of gold mining history. I would love to have one (a real one) but that being said, it's still my opinion that they should be considered "tokens" :P

 

[ANTIQUARIAN]

Token Looks Like Someone Smoothed Down The Neck Chain
Post Right Over The > nia < In Cali Not Good

I agree with Gaijun's post > > > "It's obviously a token!"