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Replies: 21 / Views: 2,321 |
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Pillar of the Community
United States
1511 Posts |
Edited by NathanASE 03/14/2013 10:56 pm
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Pillar of the Community
United States
1109 Posts |
If you ever feel the need to give it away, I will be happy to help you out.
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Pillar of the Community
United States
5207 Posts |
I love those Indian designs with the incuse (is that the correct term)cut date and mottos.
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Valued Member
United States
292 Posts |
Congratulations! Welcome to the gold club. Nice choice for first one.
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Pillar of the Community
United States
560 Posts |
Congratulations! You're off to a very nice start to your gold collection.
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Pillar of the Community
Canada
3692 Posts |
The design looks almost handmade. It has a great look and is my favorite US gold coin.
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Pillar of the Community
United States
9792 Posts |
 Congrats on a nice piece - especially from your "local con shop" LOL! I usually try to avoid con shops. 
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Moderator
 United States
16679 Posts |
 Local coin shops sure have changed. I agree, an XF coin. Nice catch!
swcoin.ecrater.com
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Pillar of the Community
United States
3453 Posts |
Very nice! The $5 Indian was hubby and my first gold purchase as well. How did you get to the XF grade? I have trouble grading gold (and would have guessed AU) so I am very interested in hearing how you came to that conclusion. 
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Valued Member
United States
250 Posts |
Looks great and congrats! My first gold coin was an Indian $2.5 (see my avatar!) You'll enjoy having this in your collection, it is a beautiful design that you cannot get tired of looking at :)
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Pillar of the Community
United States
3486 Posts |
When I had the opportunity to study a few of these pieces some years back I found my eyes focusing on the areas shown in the edited photos.   As for the obverse, I'm guessing that the areas I circled are important. 
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Pillar of the Community
United States
3486 Posts |
Re: design: The Red Book says: "The sunken ( incuse ) designs and lettering ..." That makes the term correct, I think.
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Pillar of the Community
United States
3234 Posts |
Looks like an AU possibly.
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Pillar of the Community
United States
5854 Posts |
Nice pickup!  Looking forward to seeing your 1882 $5. IMHO, I can see it as an AU-55. I see a little bit of wear on the high points and some luster in the fields on the reverse. Even on AU coins, the fields often times has little or no luster since unlike other coins, there is no rim and design elements to protect it. An AU-58 is possible if the luster and eye appeal is good but the large mark on the reverse makes it less likely that it will. Michael Fazzari wrote an article about grading borderline AU/BU indians that I think may help others as it did for me. http://www.numismaster.com/ta/numis...icleId=25170
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Pillar of the Community
United States
3486 Posts |
First off, NathanASE, I apologize for stealing your thread. However, if I can get an answer to my question it will automatically answer questions asked by others. I must agree with the consensus that your coin is in the XF range. But, if the experts says that is approaches/is an AU-50, or higher, then I submit that my example is also an AU-50.   Of the four or five examples that I had at the time this was the best looking. I have, since 1986 or 1987, been wondering if it approached an AU-50. Dearly would I like it to be. For I, too, love this design by Mr. Pratt. ENJOY your gold coin - it is a nice feeling, yes?
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Pillar of the Community
United States
1704 Posts |
Congratulations on the acquisition of your first gold coin. Be wary of catching gold fever though that may not necessarily be a bad thing. LOL! Ed ANA LM-3175
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Replies: 21 / Views: 2,321 |