I dont belive it.

[USTiger]

I asked my wife the other day to buy me a few rolls of Nickels do i could fill out my holes in my collection. well Easter had me busy with the kids and work so i did not get to open the rolls until last night and what a surprise i was in for.

I opened the first roll and found a few i didn't have, but in roll number 3 of 5 i got my first bis surprise, i noticed the roll was a little uneven before i opened it but i thought it was just the coins that was a little crocked inside, (I NEVER EXPECTED THIS) a 1880 5 dollar Gold Coin was laying there smiling at me.. could this be right,, was i so tired that my eyes was playing a game with me.. i asked my wife what she saw and she confirmed it YUP a 1880 5 dollar Gold coin.. GOD DANG.

now if anyone can help me grade it from the pictures i would be happy.

USTiger

 

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[celticfury]

Has everyone found a gold coin now except me
Big congrats to your sweet surprise

i havent. dont feel bad. :P
that is a very lovely chance find, though.

 

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[Ju8vP3t]

Awesome find, you won't get much of a grade out of it maybe VF-20 or Damaged since it has a little damage too. I would be happy to get $140 for a $0.05 investment.

Nice find,

Keep @ it and HH!!

Well the local Coin dealer is more generous than you guys.. he paid me 210$ for it.. no question asked.. he said the grade was XF but according to my red book that's only 170$ so he cheated himself

USTiger

He didn't cheat himself, if you'd taken $170, YOU would've been cheated.....he gave you a little under spot price for it; but Excellant find.....I hope one day I can find some Au out there....

 

[ivan salis]

at $210 the dealer bought it by gold scrap weight price -- aka "spot" gold ---he paid a bit under spot price -- at a little below scrap gold price no way he got beat trust me on that.

current gold is at about $890 per oz --the coin has .242 of an oz of gold in it --that $215.38 at melt price ($890 per oz x.242 of an oz = $215.38 at melt value )--so you got $5.38 below melt value at $210

most scrap metal dealers ( be it gold ,silver or beer cans--don't matter which one) pay a bit below the current " spot price" to cover themselves if the market should dip a bit before they flip the item --and to turn a bit of extra cash if it stays the same or rises.

a fair deal by my accounting.

 

[crazyjarhead]

That's simply amazing