My first Gold coin, help with grade

Geoman

All,

I picked up my first Gold Coin recently. Actually, it was included in a collection of coins I bought from a non-collector. He knew it was a gold coin, and had his collection appraised at the local dealer at my suggestion. Then this non-collector turned around and offered his collection to me, if I would match the price of the dealers. I took him up on the offer, because I wanted the Morgans in the collection. I am really not interested in gold. But I have no idea how to grade these coins. It's a 1914 $2.50 US gold coin. I'll post a lousy picture below; and was wondering if someone would guess on the grade, and give me a ballpark figure what it may be worth. Thanks in advance!

Longacre

OK. At the risk of showing my grading shortcomings, I will guess MS63/64. Don't know the value, though.

nwcs

The incuse indians are super hard to grade. I'll give a range since I can't tell by the pic: AU-58 to MS-63

ttown

These are hard to grade, it's a nice coin. Raw these can be had on ebay last year for around $125 to $150 range.

RYK

Welcome to the Gold Coin Club. I could not grade one of those things if my life depended on it. I would not even know how to tell you whether or not it is authentic.

Geoman

Ok, I wanted to see what people thought before I said anything.

My thoughts on this, it would grade maybe AU-50, but again, that is just a guess. It looks like the "bead band" in the feathers is very slightly worn. However, maybe it could be a weak strike. I will admit I know next to nothing about gold. Another concern is it could be counterfiet. I may bring it back to the dealer that originally looked at it, and see what he has to say. I didn't actually hear for myself what the dealer told this non-collector. Another good suggestion was to show it to another dealer. So I may just bring it down to the next coin show, and ask for opinions. But, I "paid" approximately $150 for this coin. Hope it wasn't a "learning mistake."

ttown

$150 is about right, I haven't brought one of these in a year or so. As far as it being counterfiet it's less likey a coin this common and that grade would be worth the time when you could put on a better date to defraud people IMO. But who knows stranger things have happened

mozin

Just submit it to PCGS for grading. Even an AU in the holder should get you your $150 back. I had about thirty of the little Quarter Eagle Indians about ten years ago, kept the slabbed ones and lost a little on reselling the raw ones. Too many counterfeits out there along with too many that would get BB.

PerryHall

I'll guess AU55. Looks like it may be cleaned. Also, this series is heavily counterfeited so be careful!