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NEWP 1911-D $2.5 Indian Head!

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  • GSpencerGSpencer Posts: 61 ✭✭✭

    Super excited! Not finished with the set yet, but couldn't pass this one up.

  • PerryHallPerryHall Posts: 46,892 ✭✭✭✭✭

    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

  • KliaoKliao Posts: 5,697 ✭✭✭✭✭

    Wow nice coin!

    Collector
    91 Positive BST transactions buying and selling with 56 members and counting!
    instagram.com/klnumismatics

  • GSpencerGSpencer Posts: 61 ✭✭✭

    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.

  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭

    Nice! The rest of them are inexpensive by comparison.

    These are my favorite coins.

  • GSpencerGSpencer Posts: 61 ✭✭✭

    @matt_dac said:
    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!

  • jwittenjwitten Posts: 5,238 ✭✭✭✭✭

    Very nice, congrats! I have two weak D coins, but no strong D's.

  • GSpencerGSpencer Posts: 61 ✭✭✭

    @MFeld said:
    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.

    Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone. :)

  • johnny9434johnny9434 Posts: 29,312 ✭✭✭✭✭

    nice pick up, congrats

  • slider23slider23 Posts: 660 ✭✭✭✭

    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.

  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭
    edited February 3, 2020 12:23PM

    @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.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Nice coin!

  • ashelandasheland Posts: 23,784 ✭✭✭✭✭

    Nice one!

    My YouTube Channel

  • MilkmanDanMilkmanDan Posts: 3,761 ✭✭✭✭✭
    edited February 3, 2020 12:51PM

    @matt_dac said:

    @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.

  • PerryHallPerryHall Posts: 46,892 ✭✭✭✭✭

    @OriginalDan said:

    @matt_dac said:

    @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

  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭

    @OriginalDan said:

    @matt_dac said:

    @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.

  • MilkmanDanMilkmanDan Posts: 3,761 ✭✭✭✭✭

    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.

  • mark_dakmark_dak Posts: 1,146 ✭✭✭✭✭

    @PerryHall said:

    @OriginalDan said:

    @matt_dac said:

    @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.

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    @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.

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    Mongo like shiny gold coin

  • clarkbar04clarkbar04 Posts: 4,982 ✭✭✭✭✭

    @koynekwest said:
    I have found that a date set of these is adequate for me.

    Same here, but I just started.

    Congrats OP on your purchase! Looks like a sweet 58.

    MS66 taste on an MS63 budget.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    @matt_dac said:

    @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.

  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭

    @GSpencer said:

    @MFeld said:
    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.

    Oh I agree with you 100%. But I'll let one of my kids worry about that after I'm gone. :)

    Bad idea,

    All glory is fleeting.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    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

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    Congrats!

    Frank

    BHNC #203

  • GSpencerGSpencer Posts: 61 ✭✭✭

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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...

  • GSpencerGSpencer Posts: 61 ✭✭✭

    @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.

  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭

    @GSpencer said:

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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.

  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭

    @matt_dac said:

    @GSpencer said:

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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.

    All glory is fleeting.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    @291fifth said:

    @matt_dac said:

    @GSpencer said:

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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?

    My Roosevelt Dime Registry Set
  • PerryHallPerryHall Posts: 46,892 ✭✭✭✭✭

    @291fifth said:

    @matt_dac said:

    @GSpencer said:

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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

  • GSpencerGSpencer Posts: 61 ✭✭✭
    edited February 4, 2020 12:11PM

    @291fifth said:

    @matt_dac said:

    @GSpencer said:

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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.

    1. 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?

    2. 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. 😂

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Put it in a cuff link. Use a common date for the other one.

  • GSpencerGSpencer Posts: 61 ✭✭✭

    @topstuf said:
    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 B)

  • LJenkins11LJenkins11 Posts: 817 ✭✭✭✭✭

    Great coin and congrats.

  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭

    @GSpencer said:

    @291fifth said:

    @matt_dac said:

    @GSpencer said:

    @291fifth said:

    @GSpencer said:

    @MFeld said:
    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.

    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.

    1. 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?

    2. 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. 😂

    Fine with me. You've made your own decision.

    All glory is fleeting.
  • crazyhounddogcrazyhounddog Posts: 14,071 ✭✭✭✭✭
    edited February 4, 2020 1:35PM

    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.
  • GSpencerGSpencer Posts: 61 ✭✭✭

    @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.

  • KliaoKliao Posts: 5,697 ✭✭✭✭✭

    @topstuf said:
    Put it in a cuff link. Use a common date for the other one.

    DONT EVEN THINK ABOUT IT!!!! :s:s

    Collector
    91 Positive BST transactions buying and selling with 56 members and counting!
    instagram.com/klnumismatics

  • mark_dakmark_dak Posts: 1,146 ✭✭✭✭✭

    @GSpencer said:

    @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!

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