Yellow-toned pendant containing a 1901-marked United States gold coin on a rope chain

This piece of jewelry features a yellow-toned coin pendant suspended from a substantial rope-style chain. The central coin is visible on the obverse side, displaying a Liberty head profile wearing a coronet inscribed with 'LIBERTY', surrounded by thirteen stars and the year '1901' at the bottom. This is stylistically consistent with a United States 5-dollar Liberty Head gold half-eagle. The coin is housed in a decorative rope-twist bezel, which is attached to a tapered, ribbed bail. The accompanying chain is a complex rope-weave design, approximately 14 inches long as claimed, and appears to have a barrel-style clasp. The owner identifies the coin as a 1901 United States Five Dollar Gold piece and states the chain and locket are 14 karat gold; however, these user-supplied claims are unverified as no assay marks (such as '14K' or '585') or mint marks are clearly legible in the photograph. The item exhibits some light surface scratches and minor patina consistent with moderate wear. A professional in-person appraisal and metal testing are necessary to determine if the coin is an official mint strike or a jewelry-grade reproduction and to verify the gold purity of the settings and chain.

I have evaluated this jewelry based on the digital description provided. The item involves a yellow-toned 1901 Five Dollar gold coin set in a rope-style bezel and chain. The owner identifies the coin as a United States Liberty Head half-eagle and the chain/bezel as 14-karat gold. While the visuals are consistent with these claims, I cannot verify the gold purity or the coin's status as an official mint strike from a photo alone. No assay marks or mint marks are clearly legible, so I am treating the 14K gold and five-dollar coin designations as hypotheses for this estimate. Based on current market trends for gold-weighted jewelry, the value of $1,300–$1,800 is contingent on the chain and bezel being 14-karat gold and the coin containing the expected .2419 troy oz of gold. Gold coin jewelry is highly sought after for its melt value and numismatic appeal; however, should the coin be a jewelry-grade reproduction or the metal be gold-plated rather than solid 14K, the value would decrease substantially to the $50–$200 range. I cannot determine if the coin has been damaged by the mounting, which often affects collector value. To accurately determine the value, an in-person physical inspection is required to perform an acid or XRF metal test, weigh the individual components, and examine the coin's strike and edge under magnification to differentiate it from a replica.