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 Replies: 14 / Views: 2,223 |
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Bedrock of the Community
United States
11951 Posts |
I went back and picked up the 2 1/2 Indian today. This will be the first coin for the future gold page I will add to my 7070. I would say I am happy with this purchase, it is not perfect but just right for my middle class collection. As I was saying yesterday there is a hit on "GOD" and I do see something on the edge, to the right of the date, but not sure what to call it. I did get it for the $170. Please give any opinions good or bad.    |
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Pillar of the Community
United States
4000 Posts |
Can't ever go wrong with paying spot for a coin with history over bullion any day!  I'd buy those all day long for that. Well, until I ran out of money, of course. |
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Bedrock of the Community
United States
10982 Posts |
$170!? That's dirt cheap these days. A great buy even if it's a problem coin.
It looks fine to me but I'd weigh it and verify diameter/thickness to be of the safe side.
Good Choice!
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Rest in Peace
United States
4849 Posts |
Nice! Definitely at least XF details, likely AU. I'm not sure what the thing on the rim is next to the date. Was it possibly in jewelry at some point? The rest of the surface looks original though. As long as it's genuine, that was a terrific buy! I dont seen any indication that it's not, but I agree with bherring to weigh and check the diameter and thickness(it should be very similar to a dime).
I would check that shop for other bargain US gold, you may have hit a gold mine there(pun intended)..lol.
Edited by johnny54321
12/09/2010 4:03 pm
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Pillar of the Community
United States
594 Posts |
XF40=$255, AU-50=$280, and MS60=$350. Any way you grade it, it was a great buy.
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Bedrock of the Community
 United States
11951 Posts |
I checked the weight at the coin shop, 4.2 grams. RedBook shows it should be 4.18. Also did not pick up with a very powerful magnet. In hand it looks and feels like a real gold coin to me. I am sure I will take it to a couple other coin shops .. just to get a second and third opinion. EDIT: I don't have anything to measure diameter. I think the photo for it in RedBook is to size, it is exactly the same diameter as the one shown in RedBookEdited by GR58
12/09/2010 4:14 pm
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Pillar of the Community
United States
4989 Posts |
Nice! Concur that is a $250-$260 coin I don't see any major problems.
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Bedrock of the Community
United States
11951 Posts |
Quote:
I would check that shop for other bargain US gold, you may have hit a gold mine there(pun intended)..lol. This is one of the coin shops I stop in at least 2 or 3 times a week. I did miss a nice 1924 20 Dollar a couple weeks ago. This shop does sell at good prices. But you have to be there often, buy or lock in the deal before someone else does. Like today, while I was buying this coin, a UNC roll of 1958 Ben Franklin's came in. They were in the bank wrapped roll but they opened them to make sure what they were. After the seller left, they offered them to me for 20X face. I told I would be back tomorrow with some silver and trade up. They agreed. |
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Pillar of the Community
United States
4989 Posts |
Almost certainly authentic well struck, accurate details, wear evident and extremely consistent with a genuine AU.
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Pillar of the Community
United States
764 Posts |
it looks genuine to me. ex-jewelry though. $170 is an excellent price.
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Pillar of the Community
United States
1406 Posts |
I was just on ebay checking these out. Great price! Great coin! Go for the set! |
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Pillar of the Community
United States
1510 Posts |
I was wondering in 1915, what would be the need for a 2.5 dollar coin?
Retired USAF 1983-2003
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Pillar of the Community
United States
4989 Posts |
I think the primary need for all these coins was that the U.S. was still on the Gold standard. They had a $10 Eagle so it made sense to do Double Eagle ($20), Half Eagle ($5), and Quarter Eagle ($2.50) to fulfill smaller requests for the metal. The really odd one is the $3 Gold. There is some speculation that came out since stamps at the time were 3 cents and, hence, a $3 Gold could buy exactly 100 stamps. Odd stuff...
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Pillar of the Community
United States
5829 Posts |
Excellent buy!
I don't think I can find those deal here in NJ?
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Pillar of the Community
United States
1510 Posts |
thanks for the info fenton
Retired USAF 1983-2003
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Replies: 14 / Views: 2,223 |
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Posted 12/09/2010 3:40 pm
