Early gold "newp" with RED toning.

[Count_Erfit]

 

Been lookin for a while.

 

[van2001ko-migration]

wow how valueable is that coin and what's the history behind it?

[JamminJ]

Sweet!

 

That's my all time favorite US gold coin, how long were you huntng for one?

 

-JamminJ

[kryptonitecomics]

You just can't beat a coin like that for overal value and history.....a real stunner......you done good!!!!

[topsman]

Ouch! That coin is blazin! Almost burnt two wholes into my eyes!

Hope you didn't spend to much on that little thing, !

 

Very nice pick, I must say! Congrats on your excellent find!

[Count_Erfit]

GENERAL history on the coin is that it was struck without a denomination during a period in US history when the US government felt a responsibility toward its citizens to give them REAL money. At that time, coins from all countries circulated freely and the WEIGHT was the important thing. Then gold became worth more than the face value of these early coins and everyone started melting them which explains the scarcity.

 

I can't even BEGIN to capture the reverse in an image. It appears to have been years in a coin CABINET with the obverse up and has gathered the expected oils and stuff that settles on idle things. The RED toning is something I ....really.....like in gold and have on only one other coin, a $3 piece.

 

The VALUE of the coin is in the Red Book, grey sheet, ebay, websites, etc. Its value to me is far more as I ....sold...the last bust ten I had back when nobody cared about them.

 

 

THIS one is hanging around for a bit.

[chinook]

Great coin, Count. I recenty bought a 1797 $10, and like yours it will remain in my collection for quite a long time.