Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
Why is it shocking, look at the pops. They don’t seem very rare, despite the “key date” label.
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
Why is it shocking, look at the pops. They don’t seem very rare, despite the “key date” label.
It's a matter of supply and demand. This is the only key date in the only classic gold coin series that can be completed by a non-wealthy coin collector.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
Why is it shocking, look at the pops. They don’t seem very rare, despite the “key date” label.
The pops didn't change, though all definitions are relative, it is a rare coin by my definition, and a near 30% change in market value in 7 years is sufficient to be a shocking change to me. Maybe you require a higher value change in your coins to be shocked.
Maybe it was just overpriced for a long time? Has it ever been that difficult to find a 58 or 58+CAC? The key dates that are genuinely tough to locate, that take many months or years to find, are the ones that hold their value or increase even when a market softens.
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
Why is it shocking, look at the pops. They don’t seem very rare, despite the “key date” label.
It's a matter of supply and demand. This is the only key date in the only classic gold coin series that can be completed by a non-wealthy coin collector.
Yeah, this must be the explanation for the price tag on this one. I've owned and still own plenty of all the other dates but find this one too pricey and not as rare as the price suggests. Maybe I'll break down and finish off the set one day.
BTW GSpencer, not knocking your purchase at all. Still a nice pick up and a must if you're actively trying to complete the set.
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
I have found that a date set of these is adequate for me.
@slider23 said:
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
I noticed about two months ago a large number of 58’s were dumped on eBay for below $5k. I bought mine about that time but I paid up for my PCGS graded 58, CAC.
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Very nice gold coin.... and the gold Indian $5 are my favorite... have not collected the $2.50 Indians. @GSpencer....It would be nice to see a picture of your set....Cheers, RickO
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
@ricko said:
Very nice gold coin.... and the gold Indian $5 are my favorite... have not collected the $2.50 Indians. @GSpencer....It would be nice to see a picture of your set....Cheers, RickO
I'm just short the 1908 (of all things). Once it's done, I'll post a pic.
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
... and don't die with your coins. You aren't doing your heirs any favors by doing so.
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
... and don't die with your coins. You aren't doing your heirs any favors by doing so.
I'd recommend at least leaving guidance about how to optimally "dispose" of them. What difference does it make who ends up sending them to Heritage, or wherever?
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
... and don't die with your coins. You aren't doing your heirs any favors by doing so.
I'm taking mine with me or I ain't going.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
... and don't die with your coins. You aren't doing your heirs any favors by doing so.
That's an odd statement as I may have another 50 years or I could drop dead in 5 minutes. So at what point do I stop collecting stuff I like, sell everything, and check out?
My heirs are quite taken care of. Actually if they're not self-sufficient I've done a pretty poor job.
I collect coins for me. And I collect the ones I like. This set in the Capital frame is going to sit on my desk where I can see it and enjoy it. Not many things make me laugh more than someone who thinks I should care what THEY think I should do with them. 😂
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
Bad idea,
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
... and don't die with your coins. You aren't doing your heirs any favors by doing so.
That's an odd statement as I may have another 50 years or I could drop dead in 5 minutes. So at what point do I stop collecting stuff I like, sell everything, and check out?
My heirs are quite taken care of. Actually if they're not self-sufficient I've done a pretty poor job.
I collect coins for me. And I collect the ones I like. This set in the Capital frame is going to sit on my desk where I can see it and enjoy it. Not many things make me laugh more than someone who thinks I should care what THEY think I should do with them. 😂
Congratulations on a very nice piece👌 I too have a great love for this series. The design is one of the best US coins ever. It would have been nice to see some of this struck as a $10.00 eagle. A larger coin for a beautiful design.
Also I agree with @MarkFeld. Don’t crack it out. It would be a mistake and it could get damaged.
Happy hunting, Joe
The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
@crazyhounddog said:
Congratulations on a very nice piece👌 I too have a great love for this series. The design is one of the best US coins ever. It would have been nice to see some of this struck as a $10.00 eagle. A larger coin for a beautiful design.
Also I agree with @MarkFeld. Don’t crack it out. It would be a mistake and it could get damaged.
Happy hunting, Joe
Agree on the design. The $2.5 and the $5 are just beautifully designed. Don't get me wrong, I'm a fan of the $10 as well. But you're right, a $10 incuse Indian Head would've been awesome.
@ricko said:
Very nice gold coin.... and the gold Indian $5 are my favorite... have not collected the $2.50 Indians. @GSpencer....It would be nice to see a picture of your set....Cheers, RickO
I'm just short the 1908 (of all things). Once it's done, I'll post a pic.
Great, in the home stretch... just give up groceries for the rest of the month and you're done! Eating is over-rated anyway!
Comments
Super excited! Not finished with the set yet, but couldn't pass this one up.
Very nice! What grade did it get?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Wow nice coin!
Collector
91 Positive BST transactions buying and selling with 56 members and counting!
instagram.com/klnumismatics
AU-58. But from one of our host's competitors. I'm actually planning to crack it out of the slab and put in a Capital frame.
Nice! The rest of them are inexpensive by comparison.
These are my favorite coins.
Mine too! Closely followed by the $5 and $10 Indians. Love 'em!
Very nice, congrats! I have two weak D coins, but no strong D's.
Congratulations.
Not that you asked for any such advice, but... that's a valuable coin and once cracked out of its holder, there is no guarantee it will grade the same in the future. And if you want or need to sell it at a later date, that could make things a lot more difficult.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone.
nice pick up, congrats
Congratulations on buying the keydate. I have been collecting the series in AU58, but I am probably going to pass on the 11D because of cost.
That coin is a big chunk, but it's shocking how much it has come down in price in the last 7 or so years. When I bought mine you could not find them at AU58 (Strong D) for less than $5k, now easily had at $3900 online.
Nice coin!
Nice one!
My YouTube Channel
Why is it shocking, look at the pops. They don’t seem very rare, despite the “key date” label.
It's a matter of supply and demand. This is the only key date in the only classic gold coin series that can be completed by a non-wealthy coin collector.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The pops didn't change, though all definitions are relative, it is a rare coin by my definition, and a near 30% change in market value in 7 years is sufficient to be a shocking change to me. Maybe you require a higher value change in your coins to be shocked.
Maybe it was just overpriced for a long time? Has it ever been that difficult to find a 58 or 58+CAC? The key dates that are genuinely tough to locate, that take many months or years to find, are the ones that hold their value or increase even when a market softens.
Yeah, this must be the explanation for the price tag on this one. I've owned and still own plenty of all the other dates but find this one too pricey and not as rare as the price suggests. Maybe I'll break down and finish off the set one day.
BTW GSpencer, not knocking your purchase at all. Still a nice pick up and a must if you're actively trying to complete the set.
I have found that a date set of these is adequate for me.
Mongo like shiny gold coin

Same here, but I just started.
Congrats OP on your purchase! Looks like a sweet 58.
I noticed about two months ago a large number of 58’s were dumped on eBay for below $5k. I bought mine about that time but I paid up for my PCGS graded 58, CAC.
Bad idea,
Very nice gold coin.... and the gold Indian $5 are my favorite... have not collected the $2.50 Indians. @GSpencer....It would be nice to see a picture of your set....Cheers, RickO
Congrats!
BHNC #203
How's that?
Not that I'm not full of bad ideas. But I gotta hear this one...
I'm just short the 1908 (of all things). Once it's done, I'll post a pic.
I assume he meant that in order to maximize the value of the inheritance, the graded coins will yield more $$ and be easier for them to sell.
... and don't die with your coins. You aren't doing your heirs any favors by doing so.
I'd recommend at least leaving guidance about how to optimally "dispose" of them. What difference does it make who ends up sending them to Heritage, or wherever?
I'm taking mine with me or I ain't going.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
That's an odd statement as I may have another 50 years or I could drop dead in 5 minutes. So at what point do I stop collecting stuff I like, sell everything, and check out?
My heirs are quite taken care of. Actually if they're not self-sufficient I've done a pretty poor job.
I collect coins for me. And I collect the ones I like. This set in the Capital frame is going to sit on my desk where I can see it and enjoy it. Not many things make me laugh more than someone who thinks I should care what THEY think I should do with them. 😂
Put it in a cuff link. Use a common date for the other one.
Don't tempt me. If I did, I'd take a video and post it up
Great coin and congrats.
Fine with me. You've made your own decision.
Congratulations on a very nice piece👌 I too have a great love for this series. The design is one of the best US coins ever. It would have been nice to see some of this struck as a $10.00 eagle. A larger coin for a beautiful design.
Also I agree with @MarkFeld. Don’t crack it out. It would be a mistake and it could get damaged.
Happy hunting, Joe
Agree on the design. The $2.5 and the $5 are just beautifully designed. Don't get me wrong, I'm a fan of the $10 as well. But you're right, a $10 incuse Indian Head would've been awesome.
DONT EVEN THINK ABOUT IT!!!!

Collector
91 Positive BST transactions buying and selling with 56 members and counting!
instagram.com/klnumismatics
Great, in the home stretch... just give up groceries for the rest of the month and you're done! Eating is over-rated anyway!