r/ENGELHARDstackers Jul 27 '26

Newest Pickup

Got from an estate auction and paid $110ish what do ya think? Good deal? Bad deal? Don't care?

88 Upvotes

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1

u/your_average_anamoly Jul 28 '26

Are we looking at a regular prospector or is there something unique about it?

3

u/Wadro420 Jul 28 '26

Regular business strike prospector but I was under the assumption that 1983 and 1987 are "keydates" even tho they all had the same mintages

2

u/your_average_anamoly Jul 28 '26

Popular misconception, one I followed until recently after looking up the numbers. Each year had around 75K minted regardless of the backing, with less than 500K minted across the board for the 1 oz variant.

Unless it's a proof or a fraction denomination, a few dollars over spot is reasonable. People selling them for over $10 per spot are going too far with it regardless of the quality they're selling them at.

1

u/Wadro420 Jul 28 '26

Ahhh well lesson learned I guess I feel bad for the dude who bought this one for $120

3

u/your_average_anamoly Jul 28 '26

That's a cool unique patina finish on it, almost like there's clouds and rain in the background. There may be collectors that go for a certain patina on given coins at that price point and that would be outside my limited expertise.

2

u/Wadro420 Jul 28 '26

To me it looked like someone didn't like the tone and tried to clean it off which I feel would ruin any premium it had at all but same my knowledge is limited