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$2 1/2 Indian, Canadian seller

logger7logger7 Posts: 9,239 ✭✭✭✭✭

https://www.ebay.com/itm/1910-USA-2-1-2-Gold-Indian-Head-Head-Quarter-Eagle-UNC-BL2107-/352246021027?_trksid=p2047675.l2557&ssPageName=STRK:MEBIDX:IT&nma=true&si=PEj4wfcpPDWnFCajugxLtu5vubI%3D&orig_cvip=true&rt=nc

I was watching this coin. A seller from Newfoundland, so you have to suppose that it was in a quality collection, as lower grade coins probably wouldn't come out of the woodwork up there?

Probable grade? Above average Unc.?

Comments

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Looks well above average MS to me.

  • SurfinxHISurfinxHI Posts: 2,603 ✭✭✭✭✭
    edited January 14, 2018 11:30PM

    Would have to go 63 to make any money on it. Buried at 60/61, and slightly underwater in 62 if you add in authentication and grading fees. But 63? Cha Ching!

    Also, very hard to tell if it has been messed with at all from those photos. No way to even guess a grade. 58 to 65, imo.

    Dead people tell interesting tales.
  • 291fifth291fifth Posts: 24,841 ✭✭✭✭✭

    A type coin you should only buy if already slabbed ... difficult to grade and authentication a must.

    All glory is fleeting.
  • mirabelamirabela Posts: 5,127 ✭✭✭✭✭

    With that pic it could be anything from a grainy fake to a legit Gem. And they have mail order and internet in Newfoundland too -- no telling if it was in a collection for 80 years or got ordered off AliExpress last week. Somebody rolled the dice.

    mirabela
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Always tricky to buy raw gold Indians from pictures. I would need to have one in hand - the only way I have purchased these little beauties. Cheers, RickO

  • BillJonesBillJones Posts: 35,039 ✭✭✭✭✭
    edited January 15, 2018 7:34AM

    I see a light rub on the Indian's cheekbone, and, in that picture, subdued luster. Assumming it's genuine, the grade is probably AU. These coins are like their $5 sisters. They went from Mint State to AU very quickly because the fields, the Indian's cheekbone and the feathers on the eagle's shoulder were all high points. The quarter eagles are easier to find in strict Mint State than the half eagles, but they not as hard to find as the larger pieces.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • DoubleEagle59DoubleEagle59 Posts: 8,402 ✭✭✭✭✭

    A good dealer as I have dealt with him before.

    True, what others have said about the picture.

    It's tough to place an accurate grade on the coin.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @SurfinxHI said:
    Would have to go 63 to make any money on it. Buried at 60/61, and slightly underwater in 62 if you add in authentication and grading fees. But 63? Cha Ching!

    Also, very hard to tell if it has been messed with at all from those photos. No way to even guess a grade. 58 to 65, imo.

    The image looks like a scan and I'll be that baby's gonna pop in hand.
    Had I seen it, I would have rolled the bones as well.
    Looks legit to me.

  • logger7logger7 Posts: 9,239 ✭✭✭✭✭

    I was the underbidder at $325; Canadian seller, doesn't want to be bothered by lengthy submission trouble and cost. Still if he thought it was near gem he should have tried of could have done the GC reduced grading cost.

  • BillJonesBillJones Posts: 35,039 ✭✭✭✭✭

    @logger7 said:
    I was the underbidder at $325; Canadian seller, doesn't want to be bothered by lengthy submission trouble and cost. Still if he thought it was near gem he should have tried of could have done the GC reduced grading cost.

    Getting these coins graded is time consuming and expensive given the cost of postage and insurance these days. As others have said, if the coin can't make MS-63, getting it graded might not be worth the effort.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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