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My First Gold!!

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NathanASE's Avatar
United States
1511 Posts
 Posted 03/14/2013  8:39 pm Show Profile   Bookmark this topic Add NathanASE to your friends list Get a Link to this Message Number of Subscribers
My first gold coin!

Yah!!

My local con shop finally got a gold coin in that I really liked! The ones they've had in the past have either been slabbed and really high grade and too much or too worn for my taste... then this one came in.. (Of course they just got a beautiful 1882 $5 gold in as soon as I bought this one, but I plan on picking that one up this week)

Anyways, not the best pics but not the worst.. taken through a 2x2. I dont know too much about grading the incuse design of these but I'd have to guess EF-45, maybe AU, but I'm leaning towards EF. Anyways, I got it for a good price and more inportantly, I like it

(2 of the pics changed to my '82 Washington comm half.. One of the obverse with the color more gold, like the first reverse pic, and one of the reverse the color of the top obverse pic... I'll put the correct ones up tomorrow, going to bed soon:)

My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
My-First-Gold!!
Edited by NathanASE
03/14/2013 10:56 pm
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skyshark124's Avatar
United States
1109 Posts
 Posted 03/14/2013  9:34 pm  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
If you ever feel the need to give it away, I will be happy to help you out.
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United States
5207 Posts
 Posted 03/14/2013  10:42 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I love those Indian designs with the incuse (is that the correct term)cut date and mottos.
Valued Member
United States
292 Posts
 Posted 03/14/2013  10:53 pm  Show Profile   Bookmark this reply Add HaroldS to your friends list Get a Link to this Reply
Congratulations! Welcome to the gold club. Nice choice for first one.
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patrick's Avatar
United States
560 Posts
 Posted 03/14/2013  10:59 pm  Show Profile   Bookmark this reply Add patrick to your friends list Get a Link to this Reply
Congratulations! You're off to a very nice start to your gold collection.
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Libertad's Avatar
Canada
3692 Posts
 Posted 03/14/2013  11:25 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
The design looks almost handmade. It has a great look and is my favorite US gold coin.
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westcoin's Avatar
United States
9792 Posts
 Posted 03/15/2013  12:15 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
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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vermontensium's Avatar
United States
16679 Posts
 Posted 03/15/2013  12:20 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply


Local coin shops sure have changed. I agree, an XF coin.
Nice catch!
swcoin.ecrater.com
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 03/15/2013  09:24 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
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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kevro22's Avatar
United States
250 Posts
 Posted 03/15/2013  09:30 am  Show Profile   Bookmark this reply Add kevro22 to your friends list Get a Link to this Reply
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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matthewvincent's Avatar
United States
3486 Posts
 Posted 03/15/2013  10:02 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
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.
My-First-Gold!!
My-First-Gold!!
As for the obverse, I'm guessing that the areas I circled
are important.
My-First-Gold!!
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matthewvincent's Avatar
United States
3486 Posts
 Posted 03/15/2013  10:08 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Re: design:
The Red Book says:
"The sunken ( incuse ) designs and lettering ..."
That makes the term correct, I think.
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Prethen's Avatar
United States
3234 Posts
 Posted 03/15/2013  10:24 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
Looks like an AU possibly.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 03/15/2013  12:35 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
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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matthewvincent's Avatar
United States
3486 Posts
 Posted 03/15/2013  3:06 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
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.
My-First-Gold!!
My-First-Gold!!
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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Gyrene7483's Avatar
United States
1704 Posts
 Posted 03/15/2013  6:20 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
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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