1927 P $2.50 Indian ; Curious What The Forum Thinks

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Author	Replies: 8 / Views: 817
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 01/08/2025 4:17 pm Haven't seen one of these in Rome. It appears to have been improperly cleaned at some point. I know a lot of collectors really like this design but I am not crazy about it Report this Post to the Staff

hfjacinto Pillar of the Community United States 7273 Posts	Posted 01/08/2025 4:24 pm I'm not an expert, but it looks correct to the one I have. With It being cleaned the numismatic premium should be low. At the current price of gold, I wouldn't pay much over spot for it. If the dealer is charging more than $75 over spot I would pass. Grey sheet is saying $395/$400 but that's not cleaned, so $350-$375 is a good price. It has $320 in gold. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 01/08/2025 4:31 pm Thanks @hfj, with gold what it is right now and my overall feeling of the design, I'll probably pass; I've been picky on gold since it seems to be a buyer's market.i just don't have as many options here. Edited by Roma2021 01/08/2025 4:32 pm Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/08/2025 5:04 pm A lot of gold coins look cleaned because the metal is so soft. Can't see any evidence of cleaning here. Edited by Coinfrog 01/08/2025 5:05 pm Report this Post to the Staff
hfjacinto Pillar of the Community United States 7273 Posts	Posted 01/08/2025 5:08 pm Coinfrog, around the stars on the obverse I see hairlines. You don't see them? My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/08/2025 6:49 pm Perhaps, but even casual handling can produce marks like these, and there may be some Die Deterioration. As stated, these images do not suggest a cleaning to me. Edited by Coinfrog 01/08/2025 6:50 pm Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36596 Posts	Posted 01/09/2025 06:07 am I think this one might be a Lebanese counterfeit. This is what a genuine coin looks like in the eagle's tail feathers. Report this Post to the Staff
Zurie Pillar of the Community United States 5662 Posts	Posted 01/09/2025 07:29 am Too many good counterfeits out there to risk buying a raw Indian quarter eagle, even if it has gold value. Probably wise to pass. Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 01/09/2025 11:05 am It would have fooled me, so I agree it is best to avoid raw gold like this. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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