$10 Gold Indians

Dave99B

OK, I need advice:

Here's the deal: I think I need a $10 gold piece. BAD. The problem: I'm a newbie, and I've never owned much in the way of U.S. gold.

But during the last few shows I've attended, I've found myself lusting over some $10 Indians. Once I've exhausted my Barber quarter/half search, I usually make another pass looking at gold. The $10 Indian gold pieces are really calling my name. I'll be in pain until I own one.

So what should I have to pay for a common date PCGS/NGC example in MS62 or MS63? Also, does anybody know any slightly better sleeper dates I can keep my eye out for? Any advice on $10 pieces is welcomed.

Thanks -
Dave

ms71

I'd go for a 1910 or 1911 - slightly better dates than the "generic" 1926 or 1932. I'd hunt for a super-nice PCGS MS63, and expect to pay about $1000. You may find a 63 for a bit less, but hold out for a really choice one. In the $10 Indian, a PQ 63 can be a very nice coin.

jom

Needless to say, $10 Indians are my favorite coin (along with the $5 and $2.5). As far as "little bit better dates": The 10-P and 11-P are certainly less abundant than the 26-P and 32-P but they are still quite common (especially the 11-P). If you want a "sleeper" I'd keep an eye out for a nice 14-P. It's a LOT harder to find than you might think and it's easily rarer than the 14-D. In fact, it's harder to find than the 07-P which FAR more costly (probably because it is a different type). The 09-P and the 08-P No Motto aren't particularly easy either.

As far as the mint marked dates the 1911-S is by are the most "underrated". It doesn't cost as much as, say, a 13-S or even a 15-S but good luck finding one.

Obviously the "classic" rare ones are the 33-P (cost WAY too much but then again there are only about 12 of them around...lol), the 20-S (which, I swear, I'll own one day!), the 30-S (somewhat overrated) and the "trial pieces" 07-P Wire Rim (I see a lot of these in auctions) and 07-P Rolled Edge (very rare).

jom

coinkat

For my money, I would mostlikely avoid the 1926 or 1932 because they really are common, even in MS63. The 1914 P is a good choice...also consider the 1909 P, D or S. Just some thoughts from the cheap seats.

RYK

An ebay seller named, Duvallgold, from whom I have previously made five purchases, usually has a few for sale, either auction or BIN. If you keep track of his auctions, you might be able to snag one at a good price.

Blade

I bought a really nice MS63 from Heritage about 8 months ago.
I watched their Internet auctions for a few months and browsed dealer sites.
This 1910-D popped up and I got it for 5% over greysheet bid.
It is a great coin, very solid 63 with very nice luster. It's one of the favorites in my collection.

roadrunner

I'd stick with the common dates and locate a nice PQ coin in an older holder for a slight premium. Just don't think there are enough date collectors out there to make the slightly better dates all that attractive. The common dates will be much more saleable in a strong gold market. After you look at enough 62's and 63's you'll know what you want. Many older holder 63's are as nice or nearly so compared to today's 64's.

roadrunner

Russ

Dave,

I've been feeling the same tug lately. Matter of fact, I was feeling it when I was at the show in Issaquah today. I think these are flat-out beautiful coins, and I REALLY like the one Tom just posted.



So much so, that last time he posted it, I made that image for me to look at.

Russ, NCNE

eagle7

I think you might be able to pick up even a 14-D in ms62 in one of heritage's auctions for 530 or so, total cost. Any way I love the ten indian's too. They dont get much lower in price than they are right now in the 62 grade.

michael

for me

i would go with a monster eye appealling high end ms63 coin even if it is a 1932

but first and foremost i would go with exceptional eye appeal first and foremost

no matter what the dATE!!!!!!!!!!!

sincerely michael

JML

If you want a type coin, then go for the most common and normally the prettiest dates in this series, 26 or 32. Be patient! You will be able to find something that you really enjoy. Do not worry so much that you may have paid a little more that you see a coin listed elsewhere for. It is your collection and your money and you should be the one to enjoy it the most!

KlectorKid

Lots of great info here, I picked up a AU-58 at the beggining of the year, And like what Michael was saying I looked for Eye appeal. The key with gold is not the grade it is the eye apeal. Because gold is so soft it is not hard for ms-60-62 to have some nice marks. So what I would try to do with a ms-62 would be to get the marks in a way "positioned". Look for coins with the marks in the headress instead of liberty or the fields to kind of hide them and maximize the looks. JIMHO ~KK~

ms71

RYK mentioned duvallgold, I bought a terrific PCGS-64 1911 from him a few months back on ebay (used BIN). Watch for his auctions, he comes up with a lot of good stuff.

jom

<< <i>Just don't think there are enough date collectors out there to make the slightly better dates all that attractive. >>



That's a good thing for me!

jom

pmh1nic

I've got nothing to offer above the advice you've received except to say that they are just the most beautiful U.S. coin there is. Thank's again St. Gauden's

jom

<< <i>should examine many MS62-64 examples to understand what a "nice" one should look like before you take the plunge. >>



Absolutely!!! I would also suggest to examine MANY AU58 certified coins to know the difference. When you do this, BTW, you'll soon find out that some AU58s can be nicer coins than many MS pieces. I know, I've got a few.

jom

KlectorKid

I agree with jom that Au-58 can but much nicer than even 63's. Here is mine.... (this one is about as nice as a 62 mark-wise)

RYK

In gold, a nice AU-58 is often nicer than MS-61 or 62. While there might be a slight rub on the high spots of the 58, the eye appeal may be superb. MS-61 and 62 (and often 63) may show significant detracting bagmarks. For the same money as a common date 62 or 63, you would likely get an attractive 58 in a better date.