Need value of 1 Ducat - Peter Biron 1780

This gold coin appears on the site here at https://en.numista.com/catalogue/pieces88867.html.

Need value. Excellent condition.

https://www.ngccoin.com/price-guide/world/courland-ducat-km-33-1780-cuid-1061818-duid-1292634


$10,000 USD in MS60.

It can also be 20 cents, if it is a brass copy, $2-$3 for a gold plated copy or about $120-$130 if it is a copy in high grade gold.

Thank you both for your replies. Now, here's a basic question...
How do I get the coin properly valued and authenticated?
I'm in NY.

First how about you show us some pictures, this could help judge if your coin is original.

Second the provenance of a coin can say a lot, how did you come to this coin?

Exact weight would also be necessary in order to judge if the coin is authentic.

Just noticed that you are not in the middle of nowhere, but in New York. Since such a coin is better examined in person, you might go to Stack's Bowers Galleries New York office, located on 123 West 57th Street, NY. If the coin is real they might even auction it for you.
In order not to be embarrassed in Stack's office in case it's a cheap fake, better show it to us first.

My grandfather was from Poland and he collected coins.
This is front and back.
Thanks for the recommendation in NYC.

Nothing strikes as being negative so it might well be worth to go and visit stack's Bowers in NY

Yup looks real.

Thank you for your comments.

Yes, it looks original.
My advice would be not to sell it right away to the dealer, if the money matter is not pressing, but rather consign it for auction. The coin will attract buyers, in particular from Poland, Russia and the Baltics.
Stack's is not the only place in NY. You may also visit Heritage Auctions office (445 Park Ave, NY), see who offers a better deal (there will be a commission). Btw, Heritage sold a coin like this in similar condition at their auction last January for $10000.
http://www.coinarchives.com/w/results.php?search=Dukat+Biron+1780&s=0&upcoming=0&results=100

I think the taxes for Heritage Auctions are sky high right?

Taxes for a New Yorker should be the same, auctioneer's commission might differ. One should weight different options.
Of cause, finding a wealthy collector to sell it to directly for say $6000-$7000, is probably the best for Gerry1 (he won't get more after an auction anyway), but where can he do that? Heritage has clients all around the world and charges for that.

Usually commision are about 15-25%
I've sold quite sucessfully at auctions before.

Are there many more such beautiful coins that you got from your Grandfathers collection?

This is fascinating. Thank you for all your help!

Yes. 8 in total.
Will post photos later.

The second coin -Hungarian gold ducat like this one
https://en.numista.com/catalogue/pieces33900.html
Pity about the soldered ring which reduces the price from $700-800 to a little above the price of metal.

The third is a German or Austrian token, also in gold, I think from the second half of 19th century. Judging by the picture on obverse and the text on the reverse in German "Dis Wasser Bad gibt Heil und Gnad" (This water bath gives holiness and grace) it is a baptismal token. It reminded me of an Austrian baptismal medal dated about 1880 which I have in my online shop

Απόσπασμα: "Gerry1"​
​My grandfather was from Poland and he collected coins.
​This is front and back.
​Thanks for the recommendation in NYC.

​A coin like this needs to be certified before it's offered for sale. I recommend you find a PCGS or NGC authorized dealer first, and submit the coin for grading through the dealer:

http://www.pcgs.com/Dealers/Default.aspx?s=NY&rn=37&mn=1

https://www.ngccoin.com/services/dealer-listing.aspx

I suppose that both auction houses I mentioned are authorized enough to submit for grading, if that might bring better return and consequently their commission. On the other hand submitting for grading means time and additional costs. And yes, there should be other authorized dealers in NY who could submit for grading.

Απόσπασμα: "Andrey"​I suppose that both auction houses I mentioned are authorized enough to submit for grading, if that might bring better return and consequently their commission. On the other hand submitting for grading means time and additional costs. And yes, there should be other authorized dealers in NY who could submit for grading.

​My only issue is, he stated he was in NY, which is a state. Thus, he could be hundreds of miles from NYC. I'm less than 30 miles from central Manhattan, but I still wouldn't go through the hassle of traveling to the city to submit a coin for grading (and IMO that's all he should do at this point).

You might be right, Steve. I was thinking about the city, not the state.
As for grading, there are pros and cons. Some collectors don't like slabbed coins, on the other hand a slabbed gold coin might attract investors, which is important for a seller. Also we don't know the owner's circumstances. There are grading fees and for this ducat they might be substantial. I checked out PCGS fees table and it seems that they will probably charge their highest rate (for rarities), which is $250 + 1% of coin's value, that's about $350 total + the fee of the submitting dealer + shipping and insurance both ways. I estimate that the owner's investment into grading this coin would be about $500, if not higher.