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$2.5 Indian Head Gold Coin

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Bryan78's Avatar
United States
1068 Posts
 Posted 02/07/2016  11:06 am  Show Profile   Bookmark this reply Add Bryan78 to your friends list Get a Link to this Reply
Very nice coins... Probably my most favorite gold coinage...
Valued Member
LocalCoinGuy's Avatar
United States
398 Posts
 Posted 02/07/2016  12:53 pm  Show Profile   Bookmark this reply Add LocalCoinGuy to your friends list Get a Link to this Reply
The $2.50 and $5 gold Indians are my favorite ..... based on photos it is a cleaned AU with value $215-$230 if Slabbed, which isn't slabbed, so maybe $185-$200 ebay ..... Unfortunately unless graded these coins don't carry too much of a premium over melt
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jwitten's Avatar
United States
152 Posts
 Posted 02/07/2016  1:49 pm  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
I disagree with the last poster. Yours does not look cleaned to me. And even if it was, it would easily go for $240 or more raw. I would pay more than that for it raw. Melt is closer to $140. That is a decent premium.
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LocalCoinGuy's Avatar
United States
398 Posts
 Posted 02/07/2016  3:48 pm  Show Profile   Bookmark this reply Add LocalCoinGuy to your friends list Get a Link to this Reply
Hope you don't disagree on them being my favorites .....

With the pics not being the best, one has to figure the worst .... Better pics would help .... As for paying $240 for raw cleaned, that is a very fair number .....

What would you think value of Unc cleaned slab coins are?
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jwitten's Avatar
United States
152 Posts
 Posted 02/07/2016  4:22 pm  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
I would value cleaned coins the same graded and ungraded. No premium or discount for either.
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EarlyTurban's Avatar
United States
383 Posts
 Posted 02/07/2016  10:29 pm  Show Profile   Bookmark this reply Add EarlyTurban to your friends list Get a Link to this Reply
I would grade the '11 as a PCGS/NGC MS-61 and ANACS MS-63. It doesn't appear to have the luster and original surfaces, particularly on the obverse, as the '27 does.

ET
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jwitten's Avatar
United States
152 Posts
 Posted 02/07/2016  11:31 pm  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
You mean the 1915? It graded MS61 with anacs. I thought it looked nicer than the ms63 from NGC. Several of the group I sent to anacs were actually previously NGC graded, and all came back graded a few grades lower than they were graded at NGC. Anacs has been tough on these coins lately.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 02/08/2016  1:39 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
So jwitten, I take it you were under the impression that ANACS grades more favorably than NCC, so you submitted for crossover and they came back at lower grades? Are you going to cease any future ANACS submissions of NGC slabs?

Also, what is your opinion on this one: http://r.ebay.com/Smxi02
Doesn't appear to be anything extraordinary when comparing to photograde, but it seems they have employed some super duper lighting tricks to make this coin literally glow in the photos. Thoughts?
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jwitten's Avatar
United States
152 Posts
 Posted 02/08/2016  1:52 pm  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
I actually crossed a few from NGC to anacs because anacs attributes a clashed die on them, when NGC wouldn't. I was not as concerned about the grade. I just thought it was interesting they came back graded lower, when most people think anacs overgrades. That is actually my listing, and I just have a normal bulb right over the coin, so no goofy lighting or anything. It is a nice coin.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 02/08/2016  2:34 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
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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jwitten's Avatar
United States
152 Posts
 Posted 02/08/2016  2:41 pm  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
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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EarlyTurban's Avatar
United States
383 Posts
 Posted 02/09/2016  07:40 am  Show Profile   Bookmark this reply Add EarlyTurban to your friends list Get a Link to this Reply
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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jwitten's Avatar
United States
152 Posts
 Posted 02/09/2016  09:24 am  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
Very odd, it is a picture of a 1915. Not sure why a 1911 is showing for you.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 02/09/2016  09:34 am  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
jwitten - here is the link to your 1911 QE.
https://goccf.com/t/251989&whichpage=2#2126099

I'm guessing you inadvertently posted the wrong coin?
Valued Member
jwitten's Avatar
United States
152 Posts
 Posted 02/09/2016  10:11 am  Show Profile   Bookmark this reply Add jwitten to your friends list Get a Link to this Reply
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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