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1750 Chile 8 Escudos Gold Coin NGC Graded MS 62

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R Cohrs View Drop Down
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Joined: 08 Sep 2012
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    Posted: 08 Sep 2012 at 5:15pm
Hi everyone,

I discovered this board looking for a place to advertise a coin that I have for sell. I inherited a gold coin from my Grandma, and am currently auctioning it on ebay.

The coin is as stated in the Subject line: 1750 Chile 8 Escudos Gold Coin Graded MS 62 by the NGC. The fineness is 0.917, and the actual weight is 0.798 oz. Some other details as well as pictures are listed on ebay.

I took the coin to a dealer and was told the weight of the gold alone was worth around $1500. It's quite a beautiful coin with a history older than the US has been a country, and I have no desire to sell it to be melted down. I would prefer that a serious collector buy it for display purposes or as a nice shop piece.

I have started the auction price at $1999, which I believe is fair considering a wide variety of factors. I'm aware that my Grandma paid about 2 and a half times that price for the coin, but of course collectibles vary in price depending on the day of the week.  Currently the auction is at $2030. The only other similar coin listed currently has an asking price of $7000, although it was shipwreck salvaged and a slightly higher quality.

The listing is:

http://Support-the-Collectors-Society.com/itm/Chile-8-Escudos-1750-MS-62-Gold-Coin-in-Collector-Case-Professionally-Graded-/160879270392?pt=US_World_Coins&hash=item257526d9f8

(If the link didn't work, you can find the coin searching 1750 escudo)

My uncle is selling this coin for me as he is a regular ebayer with a high rating level. Thanks!
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