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 Replies: 54 / Views: 5,749 |
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Pillar of the Community
United States
591 Posts |
Wow, what are the chances?! So you are Elizabethtown Gold Coins?
I agree, it looks really nice, just thought the lighting seemed different than on other listings, particularly in that this coin appears "yellower" than others? I looked at Photograde again, impossible for a novice like me to discern the difference between AU and MS. The fields on the photograde example coins look just as scratched on the coins in both grade ranges.
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Valued Member
United States
152 Posts |
Some coins photograph better than they really look, and some worse. Each coin has a small difference in color too, which can effect the lighting and the way they look.
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Valued Member
United States
383 Posts |
The coins I see are 1911 and 1927 QEs. May be the lighting, but the 1911's obverse looks more bland and lacking luster, however the reverse looks well into the mid-MS grade, splitting my assessment at MS60/62, with the obverse pulling more weight, grade-wise. The 1927 QE exhibits both deeper, natural coloration and luster, on obverse and reverse. Based on the pics, I'd still say the '11 is MS-61 at best, and the '27 looks right at @ MS-63 level.
regards,
ET
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Valued Member
United States
152 Posts |
Very odd, it is a picture of a 1915. Not sure why a 1911 is showing for you.
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Pillar of the Community
United States
591 Posts |
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Valued Member
United States
152 Posts |
The 1911 was posted first, but I deleted it and added the 1915. The 1915 shows on my page, but apparently the 1911 shows for everyone else still. Weird.
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Valued Member
United States
152 Posts |
I am going to try to repost... this should be a 1915. Let me know if it shows for you.   |
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Pillar of the Community
United States
591 Posts |
No problem - yes, the photos of the 1915 are in your most recent post.
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Valued Member
United States
152 Posts |
I think the 1911 and 1915 had the same file name originally, so even though I uploaded the 1915, I think it kept reverting back to the 1911 since I had posted those pictures in another thread. This 1915 is graded MS61 too, but I think it looks better than some of my ms62 and 63s.
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Valued Member
United States
245 Posts |
These coins are stunning, another reason for me to collect another set!!lol How could a person not like these, just awesome coins.
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Pillar of the Community
United States
591 Posts |
jwitten and others - any theories as to why such a higher premium over spot on the $2.50 Indians compared to the $5 Indians?! Rarity is relatively the same, no?
$2.50 Indian: 4.18 grams x 90% / 31.1 grams/troy oz = 0.121 oz AU x $1190/oz = $144 melt value
Seems most date/mm are going for around $300 (AU grade) each these days; so that's around 110% mark-up over spot!
$5 Indian: 8.36 grams x 90% / 31.1 grams/troy oz = 0.242 oz AU x $1190/oz =$288 melt value
Seems most date/mm are going for around $450 (AU grade) each these days; so that's around 56% mark-up over spot!
So double the mark-up over spot for the $2.50 compared to the $5 Indians?
Edited by one_fine_dime
02/09/2016 4:06 pm
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Rest in Peace
United States
17900 Posts |
If you were comparing only melt vs selling prices in comparable grades the highest denominations would always show the smallest differentiation.
Part of that is simply the cost itself. As the price increases fewer collectors are able to afford that one time outlay. Although the double eagle has the smallest percentage cost over melt far fewer collectors can afford a $1200 pop as opposed to $300 for a quarter eagle.
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Valued Member
United States
152 Posts |
I would agree it is mainly overall price. More can afford a $250-$300 coin than a $450 coin.
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Pillar of the Community
United States
591 Posts |
Ahh ok. So supply/demand effects the price more at the smaller gold coins. Meaning, demand is higher because price is lower (due to less gold content), thereby bumping up the price to a point at which you see this higher "mark-up" over melt. Makes sense. I appreciate the feedback on clarifying that.
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Valued Member
United States
383 Posts |
Now I see a 1915 QE... and a nice one at that. If ANACS graded it a mere MS-61, I'd say they were being rather harsh on it. Looks like a nce MS-63 to me based on the pics.
ET
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Replies: 54 / Views: 5,749 |
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Posted 02/08/2016 2:41 pm
