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- - What does the P stand for in a 1991 1/2 eagle? (http://goldismoney.info/forums/showthread.php?t=196882)

d00d | 11-05-2007 07:51 PM
What does the P stand for in a 1991 1/2 eagle? ebay has one and it says P, what is that worth? 1991 had low mintage. thanks much

Master_Ho | 11-05-2007 07:59 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814130) my dealer has one and it says P, what is that worth? 1991 had low mintage. thanks much
It stands for Philadelphia where it was minted.........numismatically its hard to say its worth without a grade but, in the lowest PCGS grade of MS 63, it seems to be worht $1145 where others are about $405, if that helps any.

d00d | 11-05-2007 08:01 PM
Re: What does the P stand for in a 1991 1/2 eagle? ngc ms69 is the rating

Gcubed | 11-05-2007 08:02 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814130) my dealer has one and it says P, what is that worth? 1991 had low mintage. thanks much
2007 Red Book lists it as a proof. mintage of 51,125 ROMAN numeral date. Retail back then $400 Do more checking on current value. 'cubed

Master_Ho | 11-05-2007 08:03 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814152) ngc ms69 is the rating
PCGS - which gets a premium over NCG pricing - gives it $1759.......now thats a retail price - so you'd more likely get around $1500 if you sold it, but maybe more on Ebay.

drewfu | 11-05-2007 08:06 PM
Re: What does the P stand for in a 1991 1/2 eagle? That's the last year for the Roman numeral dates as well.

Gcubed | 11-05-2007 08:06 PM
Re: What does the P stand for in a 1991 1/2 eagle? NGC ratings tend to be less highly regarded than PCGS. PCGS web sit has RETAIL values listed for their slabbed coins.

d00d | 11-05-2007 08:07 PM
Re: What does the P stand for in a 1991 1/2 eagle? I guess this is a scam then, because he wants 449 for it. it is in an ngc case with serial so I am confused. hxxp://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320178871677

d00d | 11-05-2007 08:19 PM
Re: What does the P stand for in a 1991 1/2 eagle? do you guys think it is a scam? he doesnt accept paypal

Master_Ho | 11-05-2007 08:23 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814169) I guess this is a scam then, because he wants 449 for it. it is in an ngc case with serial so I am confused. hxxp://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320178871677
No - its not a sacm - if its a proof coin, its worth $495 by PCGS (retail price) - and a bit less for NGC

d00d | 11-05-2007 08:37 PM
Re: What does the P stand for in a 1991 1/2 eagle? well FARK, when I saw the values given here, I did buy it now.. thats why I asked first. LOL ouch is that what the P stands for? Proof?

Master_Ho | 11-05-2007 08:39 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814217) well FARK, when I saw the values given here, I did buy it now.. thats why I asked first. LOL ouch
You haven't lost anything - it was a fair value for the coin.........

d00d | 11-05-2007 08:41 PM
Re: What does the P stand for in a 1991 1/2 eagle? what were the values given here for? I am confused what 1750 is for? a non proof 1991? one that doesnt say P?

Master_Ho | 11-05-2007 08:46 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814234) what were the values given here for? I am confused what 1750 is for? a non proof 1991? one that doesnt say P?
Yes - that was for an uncirculated coin - the P STILL stands for Philadelphia - but your post never mentioned Proof - so I gave you the uncirculated price..........you left out a very important piece of information........HOWEVER...........once you posted the linka nd I saw it was the proof, I gave you the corrected price.......... You still came out fine - you didn't lose anything and got it for less that the PCGS value........you just didn't make $1200+ on the coin. :wink:

d00d | 11-05-2007 08:49 PM
Re: What does the P stand for in a 1991 1/2 eagle? how does a circulated coin get graded 69? I am new to this, not mad at you it is my fault. can you give me a link where pcgs says its only worth 495 please? I dont see where this says circulated the title says UC at the end 1991-P 1/2 OZ $25 AMERICAN GOLD EAGLE NGC PF 69 PF69 UC 1991-P NGC Certified PF69 Ultra Cameo $25 1/2 Ounce American Gold Eagle The pix says it all: A stunning coin that exhibits deep mirrored reflecting pool fields & heavily frosted devices You are bidding on a 1991-P NGC Certified PF69 Ultra Cameo $25 1/2 Ounce American Gold Eagle. This Coin looks stunning, as it is practically perfect. It has no discoloration, toning or other issues. Any imperfections seen in the photo are the result of the photograph and are not on the coin. This coin was recently graded, so the NGC case is clean and relatively scratch free. Money Order or Cashiers Check preferred. Other payment options available upon request. Domestic US payments due no later than 10 days after auction ends. Buyer pays actual shipping charge and insurance cost. Please email any questions, thanks for looking, Phil.

Master_Ho | 11-05-2007 08:52 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814245) how does a circulated coin get graded 69? I am new to this, not mad at you it is my fault. can you give me a link where pcgs says its only worth 495 please?
Any coin - be it a regular (uncirculated coin) or proor - can be sent into a grading service and they grade them. There are two main ones - PCGS and NGC. PCGS has a better reputation and commands a little more than NGC. The PF in the grade means Proof - MS 69 is for uncirculated...PF 69 means proof Here is where prices of gold eagles are listed........and I have to go teach class now - won't be back to answer any more questions for 4 hours! Cheers! http://www.pcgs.com/prices/frame.cht...gold_eagle_mod

d00d | 11-05-2007 09:03 PM
Re: What does the P stand for in a 1991 1/2 eagle? what makes this a proof, is it the "ultra cameo" description? I am assuming the P says it is a proof. there is nothing in that auction that says proof, so it has to be the P or ultra cameo.

j-son | 11-05-2007 09:11 PM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814269) what makes this a proof, is it the "ultra cameo" description? I am assuming the P says it is a proof. there is nothing in that auction that says proof, so it has to be the P or ultra cameo.
what makes it proof is the PF-69 designation

d00d | 11-05-2007 09:14 PM
Re: What does the P stand for in a 1991 1/2 eagle? thanks j-son. anyone wanna 1/2 ounce of gold for $449 plus shipping. : /

Master_Ho | 11-06-2007 01:30 AM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by d00d (Post 814269) what makes this a proof, is it the "ultra cameo" description?.
Proof : The term "proof" refers to a specialized minting process that begins by manually feeding burnished coin blanks into presses fitted with special dies. Each coin is struck multiple times so the softly frosted and highly detailed images seem to float above the field. Proof coins will exhibit a full strike, mirrored surfaces, and sometimes a cameo effect. A cameo coin that has frosty devices (any of the design elements on a coin.) and brilliant fields (the flat surfaces of a coin that surround the designs and legends).<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> Quote:
Originally Posted by d00d (Post 814269) I am assuming the P says it is a proof.
Told you twice now - the P is a mintmark for Philadelphia - different coins are minted in different mints - mintmarks tell you where. Quote:
Originally Posted by d00d (Post 814269) there is nothing in that auction that says proof, so it has to be the P or ultra cameo.
cameo: a coin that has frosty devices and brilliant fields. The term Cameo usually refers to proof coins. When the central device or raised relief central image (like the image of Lady Liberty on a Silver Eagle) is frosted (which contrasts with the mirrored field or background) it is called Cameo. The frostier the image, the more it will contrast the mirrored field. If the contrast is strong, it may be Ultra Cameo. You may notice on older proofs that the image and the field are both mirrored. That is a Non-Cameo.<o:p></o:p>

PlatinumPlayer | 11-06-2007 08:13 AM
Re: What does the P stand for in a 1991 1/2 eagle? The P should stand for Philadelphia, however in this case I bet they are referring to a Proof. The Business strike of that particular coin is worth over t$1,200. The Proof however is nothing special a little over spot. I would try to confirm whether it is a P for The Philadelphia Mint Uncirculated Coin or if it�s a P standing for Proof.

Master_Ho | 11-06-2007 09:44 AM
Re: What does the P stand for in a 1991 1/2 eagle? Quote:
Originally Posted by PlatinumPlayer (Post 814878) The P should stand for Philadelphia, however in this case I bet they are referring to a Proof. The Business strike of that particular coin is worth over t$1,200. The Proof however is nothing special a little over spot. I would try to confirm whether it is a P for The Philadelphia Mint Uncirculated Coin or if it�s a P standing for Proof.
To the very best of my knowledge there has NEVER been a P on a coin for proof! Never. Proof coins look totlly different - and mintmarks are mintmarks. And this P stands for Period! P

d00d | 11-06-2007 09:49 AM
Re: What does the P stand for in a 1991 1/2 eagle? You guys think it is safe to send a money order to this guy? I have always used paypal and in my greed to buy a 1200 dollar coin I didnt see money order or check only

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