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Need some advice on $10 Indians

Gold coins are certainly not within my area of expertise, so I am calling out to those who know.

I need a nice pcgs AU-55 or AU-58 Indian Eagle for my type set. Most of what I see are heavily bagmarked and scuffed. Is there a reliable source for these coins that you can think of? What is the most you would pay, assuming the coin is very clean and lustrous for the grade? Should I take note of any striking characteristics? Ideally, I would prefer a better date that is valued closely to a common one.

Thanks for your help.

Comments

  • I am anxious to here this as well as i am trying to put together a complete set in AU58 pcgs..not 55 or 61 or 63 or 66...just all nicely matched AU58..
    Bruce Scher
  • saintgurusaintguru Posts: 7,728 ✭✭✭
    The most reliable sourse is gonna be the signature sale at FUN. No BS....it's just a matter of scouring the vast number of them and finding one that's nice. And don't think that there's no PQ stuff. There definately IS.

    An example of what I'm talking about....I am selling a Saint in FUN (among others) that is an extremely PQ MS64 and it's NOT a common date...It's about .01 under a MS65.

    What to avoid? The same as any coin...major gashes, weak strikes, strange discoloration or surfaces and chatter that would indicate that the coin is less AU and more XF. Some AU coins are clearly very close to MS...look for THAT coin.



    << <i>Ideally, I would prefer a better date that is valued closely to a common one >>



    Wouldn't we all. Maybe Santa Clause can help you there. It's a long-shot, though. image
    image
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Just to add a little...spend the time to get an original coin, probably best to go with the '09P-'15P only because the '08's can be pricey and the '26/'32 are kind of common (but you can get a very nice 58 here) and the mint marks can be kinda pricey. You will like finding a nice '10 or '11 with original skin. The coin you are looking for will not be bright shiney and if you look on Heritage, you will see some nice, original 58's so you can get a feel for what they look like.

    Your coin will have a fair amount of cartwheel luster tucked in around the devices and inside the edge by the lettering, it will have some color and maybe a touch of frost in well protected areas. The cheek will be rubbed but not scuffed or nicked, the neck and forehead will be fairly clean save a couple of minor distractions. There will be wear on the cheek and the hair on the eagle's feet and wings (dont get discouraged but sometimes these were softly struck and the wing feathers kind of fade out near the top as is the hair) but the rims will be in pretty good shape except for a little dent and nick here and there. Your '58 will have bag marks on it and will maybe even have some kind of blemish or scrape on the fields and maybe even a little copper spot or a little grime/dirt on it but it's all good. Also realize that the grade for these is sometimes called 58-62 because the distinctions become fairly subtle but the wear of an original coin should put you on just what you want. But since they are softly stuck sometimes. Don't get hung up on the money, you might pay a little over typical prices for a particularly nice coin but don't be sucked into "this raw 58 might grade 61 if you send it in"...don't do it, buy the coin you want, not something on the come. Buy your coin slabbed by pcgs or another tpg unless you just have to have it raw. If you want raw, study up a little and go to a dealer or two and take a look at what's available. Be sure to look along the edge of the coin at all the beautiful stars...quite distinctive. Stay away from ebay or on line auctions or any other site like that and only buy coin in hand, it will be a real treat when you find the one you are looking for and you're smilin' down at it...be patient.

    imageimage

    Enjoy
  • boiler78boiler78 Posts: 3,117 ✭✭✭✭✭
    Bruce- This set is quite a challenge in AU 58. Good luck making a Rolled edge or 33 eagle in 58. You may have to buy Kutasi's 33 and carry it around in your pocket for a month or two.image
  • veryfineveryfine Posts: 1,763 ✭✭✭
    Thanks to all for the very thorough, detailed information regarding this series
  • jpkinlajpkinla Posts: 822 ✭✭✭
    Bruce- This set is quite a challenge in AU 58. Good luck making a Rolled edge or 33 eagle in 58. You may have to buy Kutasi's 33 and carry it around in your pocket for a month or two.

    Bruce, I agree with Mark. I guarantee if you buy my 1933 and carry it in your pocket for a while (and give it to the kids to play with as well), you will end up with a lovely AU58 (even maybe even near unc) for your type set! It will also work for any of the other dates you are missing as well! Feel free to bid aggressively as I hear there are more AU collectors out there than mint state collectors.

    image
  • Just look for one like this:



    image
  • ziggy29ziggy29 Posts: 18,669 ✭✭✭
    I could have picked up a couple of really nice AU-58s for my type set a year or so ago, for about $400. I'm kicking myself for not buying them, as they'd probably cost over $600 today...anyway, good luck in your search -- you can have the pick of the litter after I find one myself!

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