Now, here's what a $10 Indian can look like. WOW

mdwoods

Anaconda may not be on the forums now, but he is certainly not forgotten. Take a look at this 10 dollar mint state Indian he has up for
auction on ebay.

Mint State Indian

Tade

What's now? What's here?

MAULUMALL

Man THAT is a PHAT coin!

LanLord

Probably the single most beautiful gold indian I've ever seen. Not a distracting mark on that puppy. It looks like the mint just made it today. I wish I had a spare $90k. Actually if someone is granting wishes these days, I want more like $900 million, and unlimited additional wishes.

FC57Coins

He's had that coin for a while and every time he puts it up I drool over it. Believe it or not however, he's put one up that was even nicer! A while ago he had a PR68 Matte Proof Indian that was really REALLY awesome!

Frank

mdwoods

Frank, I saw the Matte Proof. It is my favorite coin, bar none. It is also a fantasy coin, as I will likely never be able to afford one, much less his PR68 coin. The 1793 Wreath Cent was my favorite coin, I will have to put the 10 dollar Indian in a tie for 1st at least. Mark

BillJones

Maybe it's a bad scan, but the coin could have more luster. I sold a Matte Proof of the same date to one of my customers in PCGS Matte Proof-65 that looked very similar to this for less than $30k.

I've attached pictures. The Matt Proof mintage that year was 116 with probably only 2 or 3 dozen left.

CarlWohlforth

Nice. I guess one doesn't have to sell many coins at those prices. And I thought prices really jumped for moderns in high grade!

It is beautiful. But. Yes there is a but. I'd rather have a proof.

FC57Coins

Mark:

I have an ebay search that goes directly to his pages just to ogle at his stuff. I wish he'd have a raffle with the winning prize being to just have an opportunity to go to his offices and just look at this stuff in person. Oh well - one can dream can't one?

Frank

FC57Coins

Nice pictures Bill - those are truly amazing coins in that condition - they look like they were sculpted out of the raw gold - amazing! Thanks for sharing the picture!

Thanks for making me want that coin again!

Thanks for making me feel sorry for myself that I can't afford that coin!

Thanks for making me feel like a total failure!

Good bye cruel world!!!!!!!!

Sorry guys - too much caffeine this morning

Frank

BillJones

Hi Carl,

Two points. First, although selling coins do net you some profits, it's usually not as much as you might think. On the "quick flip" a dealer can make a few thousand, but percentage wise it's not that much. In other words, you can't buy these for $50K and sell them for $99k unless you are a collector who had them for a long time. Usually the numbers are more like $95K or more paid and $99K sold.

Second, it's true these coins don't bring the huge premiums over their lower grade counterparts. It's not like the modern coins that go from $2 in MS-65 to $2,000 in MS-68. I would be more comfortable owning this coin than the $1,500 1984-D dime that was discussed on a thread last week.

Still like you I would sooner be in the position of customer who paid less than $30K for the Matte Proof than the guy who owns this coin for $99K.

CarlWohlforth

Thanks Bill. I'm selling a few coins on eBay for a %5 margin. It is a good thing I love coins, otherwise I wouldn't work for a dollar an hour! The idea of making a few thou on one deal sounds great to me.

I have a nice Indian in 64 but no proofs! So for me the choice is clear...

dorkkarl

he never did answer my question as to whether he actually owns these coins, or gets em as consignments. anyone know???

K S

jom

It must be consignment because he's been selling this $10 Indian for months now. If he owns the coin he is spending a fortune in "carrying costs" ie interest on loans, etc.

jom

coinguy1

dorkkarl,

I don't recall where I saw it, but Adrain did answer the question as to whether he owns the coins. I believe his answer was something to the effect that he owns most of them and occasionally takes some pieces on consignment. I have had dealings with him and know that he speaks the truth.

jom - the fact that someone has a particular coin in inventory for a long time does not necessarily mean that it is consigned. In fact, I believe it's more likely that he owns it and that such is the case with the $10 Indian.

jom

Well, it was just a guess on my part. Whether he owns it outright or is carrying a loan on it then he is paying a lot of costs in the time it will take to sell. All I know is that this coin has been up for sale for a very long time. I just figured that maybe he got it on consignment. so that way he wouldn't have those costs. Of course, if he makes enough when he sells then the costs will be covered. Whatever works....

jom

keithdagen

I held this coin in my hand about a month ago.

Very nice piece, and definitely all there. Not a mark to be found, and nice rich, two-tone color.

DHeath

Bill,

Why did the Matte proof only grade MS65, not that that's a bad thing, but it sure looks nicer than that in the scan. What am I missing?

BillJones

The only thing I could find was mark below the "9" in the date and another by the "0." I think that both were mint caused because they mixed in perfectly with the finish and were not shiny. This coin is very "PQ" and is the type of item I like to locate for my customers.

Outhaul

Superb, but here's my favorite. Adrian's had this one for awhile as well...Sorry...can't get the linkage to work

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1365405760

Russ

Karl,

Mark is right, Adrian answered the question you asked his 12 year old son.

Russ, NCNE

IvanOnly

Link from Above

airplanenut

Sorry... I prefer mine 69 or bust

1jester

Anaconda's Eagle is really superb! I like Bill's a bit better; the eye appeal of a perfect matte proof gold coin is hard to beat.

Adrian is a collector; he loves coins. So it doesn't surprise me that he owns and holds nice coins. Don't be surprised by the value of them, though. Some people simply have gobs and gobs of money. If I had that kind of cash, I'd be putting it into nice coins too!

gmarguli

All I know is that this coin has been up for sale for a very long time.

Yes, but it used to be a $60,000 coin and now it is a $90,000 coin. It has gone up 50% since hi started listing it.

I don't believe he answered my question about why he raised the prices on several of his coins that kept failing to sell at the lower price.

1jester

Gold went up.

CLASSICS

sometimes when the price is to low? someone might think something is wrong with it, when the price is to high, someone will think it has to be the best, thus, the high price.