The Toughest Coin in the Eight Piece Gold Type Set

BillJones

Here’s recent acquisition that really turns me on. Yep, it’s “just” an Indian $5 gold in PCGS MS-64.

This is the scarcest coin in the conventional eight piece gold type set in Choice Mint State condition. The fields and the Indian’s cheekbone on the $5 Indian design were the highest points of the coin because of the incuse design. Therefore they were very prone to getting rubbed and to marks. As result a strictly Mint State $5 Indian is a fairly scarce item. Coins in MS-63 are uncommon; MS-64 coins are scarce and pieces that grade MS-65 or 66 are rarities.

The Indian $2.50 coins face a similar situation, but since the coin is smaller and lighter the design is not quite as prone to marks.

FC57Coins

I like the incuse indian quarter and half eagles - they have a rustic/wild west look to them - and I think they're very underrated. You have to really know what you're looking at to collect these - but I think they'd make a fascinating little collection.

Numismanic

Congrats, that is a beautiful $5 Indian!

100proof1957

nice pix !
better coin !

Shamika

This is easily my favorite gold coin design. I like it much more than the double eagle.

Dennis88

very

Lucky enough I only do the set in AU-58, and I already have the Indian Half Eagle

Dennis

relayer

I did my 8-piece gold set in 64 (with a 65 Saint). And yeah, the $2.50 Indian in 64 is scarce (and expensive)

I'm still hanging in as #5 in the current finest after a year and a half. Are you coming after me Bill?

BillJones

No I'm not coming after you, relayer. My set is registered across the street because it is a cross-breed with PCGS and NGC coins. I'm going to go out of my way to turn my NGC coins into PCGS coins, or try to get the MS-63 graded coins that should be MS-64 coins into MS-64 holders because there is not enough upside to make that worth while.

relayer

It looks like I'll have to come after you over at NGC. I see you are #5 there.

I have my PCGS set listed there also, under IndianGold, and I'm #10.

(Hmmm... For me this may be the best reason for not allowing NGC coins in the PCGS Registry)

But I see they have the 12-piece Type set with and without In God We Trust.

msch1man

If you like gold type coins (like I do ), Bill's registry sets across the street are definitely worth taking the time to look at. Not only are the coins great, but each coin has a picture (both obv/rev) as well as very candid comments about what grade Bill gives the coin. Great Set!