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Opinions On An Ex Jewelry $5 Gold Indian - Bought It!!

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Pillar of the Community
United States
1911 Posts
 Posted 02/08/2016  1:21 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
OK so price was actually $335 but still looks pretty good as far as I can tell.

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!
Pillar of the Community
United States
1911 Posts
 Posted 02/08/2016  1:49 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
And on further inspection (and inquiring) the coin was never in a bezel so the rims are ok the only thing was that there are some marks and it has been polished as it is reflective a little bit. Will be stopping back there today possibly since the lcs said they could ship it out for $350 today if I don't take it at $320 (his lowest price). What think all ye? I am not too disappointed with the polishing as I can't tell without looking closely at it (except for the slight reflectivness of it). But then again, this may be my only gold coin possibly ever and it is relatively close to spot only about $30 higher. I am definitely leaning towards not being too picky on the gold coins since worst case scenario I sell it at spot again. Thanks for your opinions!
Pillar of the Community
United States
1911 Posts
 Posted 02/08/2016  5:39 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
Well thought about it and went ahead and purchased my first gold coin (technically the 1/10 oz gold panda I received as a gift was the first)! Was able to trade in my 1/10 oz gold panda for $120 and so the price out of pocket I paid for this 1915 $5 gold Indian (polished) was $200. Also got the worn Peace dollar for $10! I am happy with the details in the coin (main thing I am looking for) and the polishing doesn't seem too distracting to me. Thanks for all the opinions and we will see how long it is before another gold coin is ever purchased!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!
Valued Member
United States
245 Posts
 Posted 02/08/2016  6:37 pm  Show Profile   Bookmark this reply Add TMCD75 to your friends list
I really like it, you did pretty good imo. I think I would've done the same thing. I like the Indian Head gold and so do lots of people, you could easily move it.
Bedrock of the Community
United States
11951 Posts
 Posted 02/08/2016  6:40 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
The big thing is ... That your happy with it.

From looking at the pictures, I have seen a lot worse.

Your first classic U.S gold ....it will hold a special place
Pillar of the Community
United States
1911 Posts
 Posted 02/08/2016  6:53 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
And plus I looked on ebay and the lowest BIN for any ex jewelry, cleaned $5 gold was $400. There were only a handful that were in the same price range in the sold listings and you are right some of them were worse off looking than mine. My goal probably is getting the gold coins as close to spot as possible and as long as the details/damage doesn't distract too much from the details of the coin.
Rest in Peace
United States
7075 Posts
 Posted 02/08/2016  7:02 pm  Show Profile   Bookmark this reply Add Buddy to your friends list
You might see some 'ex-jewelry' marks when you get it out of the 2X2.

But the coin doesn't show a lot of abuse at all. So...
Pillar of the Community
United States
4337 Posts
 Posted 02/08/2016  7:17 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
out of the mylar will be better to show the surfaces
really cannot tell a thing as is
Valued Member
United States
283 Posts
 Posted 02/08/2016  7:20 pm  Show Profile   Bookmark this reply Add Dith Pran to your friends list
I think it's a decent coin. Congrats on your first gold purchase!
Pillar of the Community
United States
1911 Posts
 Posted 02/08/2016  8:11 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
You can definitely see its been polished and cleaned (and also the fact I really need to study up on getting better pics with my phone) but the rims are nice no real "damage" to the coin that I can see. And either way looks really good in my 7070! The only problem now... It looks lonely and needs a friend!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!

Opinions-On-An-Ex-Jewelry-$5-Gold-Indian---Bought-It!!
Pillar of the Community
United States
1339 Posts
 Posted 02/08/2016  8:36 pm  Show Profile   Bookmark this reply Add babysitr to your friends list
I like the look of the coin, and as said,these are easy to sell,polished or not. I too have an ex-jewelry that I bought at melt..its just sitting there waiting for gold to go up!
Pillar of the Community
United States
3344 Posts
 Posted 02/09/2016  12:33 am  Show Profile   Bookmark this reply Add thq to your friends list
It's a little shiny but looks like an xf. And it's gold. The size of a nickel but heftier.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Pillar of the Community
1153 Posts
 Posted 02/09/2016  5:22 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list
looks good to me, congrats
Pillar of the Community
Learn More...
United States
4596 Posts
 Posted 02/09/2016  8:05 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
ALL that matters is that YOU are happy. congrats!

Haters gonna hate
Whiners gonna whine
Doubters gonna doubt
Neighsayers gonna whinny

-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
Pillar of the Community
United States
3843 Posts
 Posted 02/09/2016  11:55 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
Congratulations! Looks great, but lonely, in your type set!
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