Login

Longstrider's Blog

06 May 2015

NOT PERFECT 1851 GOLD $1

Coins | Longstrider

I have here a coin denomination I have always been fascinated by: the Gold Dollar. In this case it is a 1851. You will notice it is graded by NGC as Unc Details Improperly Cleaned. This coin in problem free condition is listed as about $265-$300'ish. At the time I won this coin, it was at auction, I didn't have that much money in my coin budget. I was able to get this coin at less than half that price. I believe buying less than perfect coins is a good way to get coins you are interested in but can't afford right now. You have the coin to study and enjoy while you build up your budget for a better grade coin. Once you are able to get that coin of your dreams you have the other one to sell or trade. I should add that I only do this with third party graded coins. This is just my opinion I could be wrong. How does everybody else feel about this strategy? I hope to use this same strategy to buy a $3 gold Indian Princess Head! I think I will show this coin in the My Collection area to tell a little about it. I am proud of it!

READ MORE
We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.