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Found a rare coin, where to sell?
- Thread starter Rekreant
- Start date
allanon1965
I wanna be Dave
have you had it graded by a professional? what coin is it... I collect coins and have a fairly rare Buffalo nickel that I finally had graded by a professional and found it was worth about 75.00 vs the 2.00 I paid for it after sorting thru a pile of them at a pawn shop years ago...
allanon1965
I wanna be Dave
you can try here to see if you can get a close idea....
https://www.pcgs.com/photograde/ your coin doesn't show up here
edit: its a commemorative minted coin.... unless its mint...it appears to be worth 20 bucks or less...
read about it here....
https://www.ngccoin.com/coin-explor...s-pscid-71/1893-columbian-50c-ms-coinid-19297
wikipedia says this:
The Columbian half dollar is a coin issued by the Bureau of the Mint in 1892 and 1893. The first United States commemorative coin, it was issued both to raise funds for the 1893 World's Columbian Exposition and to mark the quadricentennial of the first voyage to the Americas of Christopher Columbus, whose portrait it bears. The Columbian half dollar was the first American coin to depict a historical person.
The coin stems from the desire of the Columbian Exposition's organizers to gain federal money to complete construction of the fair. Congress granted an appropriation, and allowed it to be in the form of commemorative half dollars, which legislators and organizers believed could be sold at a premium. Fair official James Ellsworth wanted the new coin to be based on a 16th-century painting he owned by Lorenzo Lotto, reputedly of Columbus, and pushed for this through the design process. When initial sketches by Mint Chief Engraver Charles E. Barber proved unsatisfactory, fair organizers turned to a design by artist Olin Levi Warner, which after modification by Barber and by his assistant, George T. Morgan, was struck by the Mint.
Some 5,000,000 half dollars were struck, far beyond the actual demand, and half of them were melted. The appropriation did not cure the fair's financial woes, as fewer than 400,000 were sold at the premium price, and some 2,000,000 were released into circulation, where they remained as late as the 1950s. The pieces can be purchased in circulated condition for less than $20; coins in near-pristine state sell for about $1,000, far less than the $10,000 the makers of the Remington Typewriter paid as a publicity stunt in 1892 for the first specimen struck.
https://www.pcgs.com/photograde/ your coin doesn't show up here
edit: its a commemorative minted coin.... unless its mint...it appears to be worth 20 bucks or less...
read about it here....
https://www.ngccoin.com/coin-explor...s-pscid-71/1893-columbian-50c-ms-coinid-19297
wikipedia says this:
The Columbian half dollar is a coin issued by the Bureau of the Mint in 1892 and 1893. The first United States commemorative coin, it was issued both to raise funds for the 1893 World's Columbian Exposition and to mark the quadricentennial of the first voyage to the Americas of Christopher Columbus, whose portrait it bears. The Columbian half dollar was the first American coin to depict a historical person.
The coin stems from the desire of the Columbian Exposition's organizers to gain federal money to complete construction of the fair. Congress granted an appropriation, and allowed it to be in the form of commemorative half dollars, which legislators and organizers believed could be sold at a premium. Fair official James Ellsworth wanted the new coin to be based on a 16th-century painting he owned by Lorenzo Lotto, reputedly of Columbus, and pushed for this through the design process. When initial sketches by Mint Chief Engraver Charles E. Barber proved unsatisfactory, fair organizers turned to a design by artist Olin Levi Warner, which after modification by Barber and by his assistant, George T. Morgan, was struck by the Mint.
Some 5,000,000 half dollars were struck, far beyond the actual demand, and half of them were melted. The appropriation did not cure the fair's financial woes, as fewer than 400,000 were sold at the premium price, and some 2,000,000 were released into circulation, where they remained as late as the 1950s. The pieces can be purchased in circulated condition for less than $20; coins in near-pristine state sell for about $1,000, far less than the $10,000 the makers of the Remington Typewriter paid as a publicity stunt in 1892 for the first specimen struck.
Last edited:
allanon1965
I wanna be Dave
yea, but a very interesting read about the history of the coin... they were intended to sell as souvenirs at a dollar each lol! they didn't sell so well...
Youd think it would be worth more since its the first commemorative coin, but they made 2.5 million of them lol. I wonder if I can get a pawn shop to give me 15$ for it, then I could order some foams LOL!
allanon1965
I wanna be Dave
from what I have read, they are valued at melt value which is around 5 bucks...
I have 2 old morgan silver dollars and the local pawn shop offered my 12 dollars each, which is melt value and they are worth 30 each minimum... pawn shops are cut throat bastards in my opinion...
from what I have read, they are valued at melt value which is around 5 bucks...
heh. well it is what it is, maybe ill keep it and itll be worth 10$ in 20 years.
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