1854 $1 gold coin love token? And a sterling tray

[timbobwey]

Found these at a garage sale. The gold coin is engraved on one side. I thought it was a little medal when I saw it, but when I looked closer I saw that it was a gold coin. Not sure why it was engraved, almost looks like a little love token. The sterling tray weighs 3.1 ot. Paid $1 for these. You never know what you'll find at garage sales.

 

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[timbobwey]

Wow! Splendid find!
If I came across that at a yard sale, the owner may not know much about it but he would say it is from 1854 so it has to worth a lot of money, such as $500. But I could dicker him down to $495. That is the kind of deals I typically find.

I'm not sure if they even knew what it was. I knew right away when I saw the date. Any idea what it would be worth since its engraved?

 

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[Professor of Engineering]

Sweet find, congrats!

 

[smallfoot]

That's keeping your eyes open! Congrats!

 

[Lanny in AB]

Sweet deal for you!

Nicely done, and all the best,

Lanny

 

[Trezurehunter]

I wonder if it de-values the coin, or maybe makes it worth more? I don't know much about love tokens or engraved coins.

It would devalue the item as a coin itself, because it is no longer an original coin, but it would be worth the gold bullion value. On the flip side, a collector of Love tokens may pay a premium price for it.

 

[timbobwey]

It would devalue the item as a coin itself, because it is no longer an original coin, but it would be worth the gold bullion value. On the flip side, a collector of Love tokens may pay a premium price for it.

Kind of a bummer, looks like it was in good shape before it was engraved. But I've seen some love tokens go for pretty good money.

 

[CRUSADER]

I'm not sure if they even knew what it was. I knew right away when I saw the date. Any idea what it would be worth since its engraved?

Generally it loses it's value, compared to the grade of the coin (if high grade), especially in gold.
But like any art form, it's in the eyes of the beholder, so some tokens with commercially unusual art work that is not the norm. (ie. a picture that crosses various collecting boundaries & not just letters) Holds a good value. Your's is fairly typical & not out of the norm, so has limited appeal. In it's favour is that it's in Gold instead of the more common silver versions, so that helps the specialist collector.

 

[jeff of pa]

Looks like someone may have converted it to use as a Watch Fob.
probably when it was still worth a dollar.

looks like right now {Today at 05:34 AM.}gold melt value is $86.22

though Altered Slightly on Weight. Still a tidy Sum

 

[pepperj]

That's a good buy for sure, well done. Every once in a while a person hits a sale that stands out.
What is puzzling is the coin is on a ribbon bar-like it was a award for something back in the day.
The script is pretty fancy-too much for my eyes to figure out what they are actually.

 

[Georgia Placer]

Nice score!!!

 

[timbobwey]

That's a good buy for sure, well done. Every once in a while a person hits a sale that stands out.
What is puzzling is the coin is on a ribbon bar-like it was a award for something back in the day.
The script is pretty fancy-too much for my eyes to figure out what they are actually.

Yes, almost like it was given as a medal, which makes me wonder what was it for? Probably never know, I'm going to keep in in my coin collection as is, with the ribbon still attached.

 

[Randy Combs]

Amazing finds, and for a dollar WOW

 

[treblehunter]

Here is a link to your coin (I think this is the one you have, I might be wrong?)https://www.ngccoin.com/coin-explorer/gold-dollars-1849-1889-pscid-54/1854-type-2-g1-ms-coinid-17531

 

[SusanMN]

Now that is a great garage sale find!

 

[timbobwey]

Here is a link to your coin (I think this is the one you have, I might be wrong?)https://www.ngccoin.com/coin-explorer/gold-dollars-1849-1889-pscid-54/1854-type-2-g1-ms-coinid-17531

Yes, that's it. Not sure what this coin would be worth though since it was engraved. It's beautiful engraving, but I think it would have been worth more if it was original. I could be wrong in that though.

 

[islamoradamark]

Ya just never know good score