QUARTER EAGLE-NEED ADVICE FROM THE PROS

KUCH

I'M LOOKING AT A PCGSMS63- QUARTER EAGLE 1926. CAN BUY IT FOR $900. SHOULD I SOAR LIKE AN EAGLE AND BUY IT? THANKS FOR THE ADVICE.

KUCH

OOPS, I FORGOT, IT'S THE INDIAN HEAD TYPE.

CarlWohlforth

Are you putting together a set of quarter eagles? It seems expensive to do in 63. I noticed that a 1926 in MS 62 sold on eBay for less than half that. However $900 seems about right for a nice, sight seen MS 63 example.

I recently had a quarter eagle in XF. I was surprised at how nice it looked. The incuse design seems to provide some protection to the devices. That is a series I'd consider putting together in circulated condition. Anyway it is a great design.

WACoinGuy

Yep -- love this series in circulated condition. Coins XF and up show little wear, and can be had for quite reasonable prices...

Placid

Some Heritage auction results.

1926 $2 1/2 MS63 NGC.
2003 September Long Beach Signature Sale
Bidders: 3
Sold For: $862.50
Ended: September 18, 2003
10:00 PM CDT

1926 $2 1/2 MS63 PCGS.
2003 September Long Beach Signature Sale
Bidders: 3
Sold For: $833.75
Ended: September 18, 2003
10:00 PM CDT


1926 $2 1/2 MS63 PCGS.
2003 July Baltimore Bullet Sale
Bidders: 5
Sold For: $690.00
Ended: August 6, 2003
10:00 PM CDT

eagle7

If you are going to put together a set, I agree with Carl. If you just want a nice MS 2.5 Indian then the better buy is a ms64. You can get an MS64 in a Heritage Auction for about 1200 to 1300 right now. That is not that much more mony than a 63. And the upside potential is much higher if gold continues to rise. If gold does not continue to rise the down side is much more minimal with the 64 than the 63. JMHO