Any gold coin experts?
My mother has given me a US Five Dollar Gold Coin pendant on a very long 14K gold chain made in Italy. The gold piece is from 1893 and seems to be in good shape, with no wear. There is no minted date on the coin and the only thing I can find out is that non minted coins were made in Philadelphia.
There does seem to be a bit of what I think is glue on the edge of the coin, in one area only. The coin is encased with a round filigree vice type of surround that is tightened with a screw. (photos to come later if interested.)
I have looked on the internet, but cannot find much information about a coin that has been turned into a pendant, or whether it diminishes the value. A coin collector once told my mother that the coin was valuable.
I am seeing anywhere from $381 for the gold content, to a bit over $500, not including the gold vice, or the chain. In my opinion, that's not extremely valuable, as far as monetary value goes. The pendant was given as a sentiment, so I am not looking to sell, but would like to know if I need to have the coin insured.
Any experts out there that can lead me in the right direction? Thank you!