What is this coin worth?

January 2, 2010 by
Filed under: Questions 

Someone I know owed me $350.00 and gave me a collector coin as payment. I do not collect coins so I dont know what its worth. Its a 2007 U.S. statue of liberty $50.00 platinum coin in a PCGS holder. The holder says....2007 (1/2 oz Proof) Platinum Eagles - PF70 DCAM PCGS. Does anyone know how many of this coin was graded by PCGS at this 70 grade? and how much can I sell this coin for? THANKS!

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Comments

2 Comments on What is this coin worth?

  1. John on Sat, 2nd Jan 2010 5:48 am

    2. Well, a PF70 coin of any type is the highest grade of coin you can purchase. It means that the coin was specially made as a proof. You should NEVER remove it from it’s PCGS holder. Now a platinum coin is the best you can get, even higher than a gold coin. The blanks are struck at least 7 times by the die to ensure maximum detail. That particurlar coin sold for $809 new. And if I were you, I wouldn’t sell it for at least 25 years. It’s likely to double by then to a collector.

  2. liberty911 on Sat, 2nd Jan 2010 6:33 am

    3. One half ounce of platinum currently trades for about $600 on the commodity market. The bullion coin you have is selling on eBay for around $1000 right now. I do not know how many were graded PR70, but I can tell you there were only 7,001 in total minted in 2007. I hope that helped.

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