Gold Indian Quarter Eagles

Bankerbob56

Wow! I just checked the PCGS price guide for these coins. The RED INK is across the board! What is driving this issue down across all dates and grades????

OnlyGoldIsMoney

<< <i>Wow! I just checked the PCGS price guide for these coins. The RED INK is across the board! What is driving this issue down across all dates and grades???? >>



Some major dealers have placed this series in the "what's not hot" category for some time.

TwoSides2aCoin

Buy now !

Bochiman

The fact that I just bought a couple 2 weeks ago?

COALPORTER

all small gold thought to sell at the moment. gotta go way below bid to move average stuff.

OnlyGoldIsMoney

<< <i>all small gold thought to sell at the moment. gotta go way below bid to move average stuff. >>



Not necessarily so. Generic Lib $2.50's in PCGS MS61 and MS62 can be sold as widgets to at least two major dealers for $610 to $630. I've sold a dozen that way in the last three months. These same coins could be had for $350 to $450 in 2008.

roadrunner

Many of the dates in the Indian quarter eagles are common enough in AU-63 grades that I'm not surprised prices are down across the board. Most generic gold has taken big hits
since last November....and even bigger hits since November 2009 when it last had a nice run to a lofty peak. It's been gone for over a year and not sure when it's coming back.

$2-1/2 Indians can go lower still. I recall back at the last bottom a few years ago that common 63's were going for about $575. Frankly, they are common enough, and they don't
have much gold for the price.

roadrunner

Teva

I have bought a couple in the last few weeks
I didn't pay much of a premium I think there
a good value right now. IMHO