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 Replies: 15 / Views: 2,133 |
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Valued Member
United States
327 Posts |
I've only ever bought a couple of things off Teletrade and they were cheaper items. This is the first gold I have bought online. Do you think I paid to much? Be honest. If I overpaid, I want to know for the future: http://www.teletrade.com/coins/lot....033&lot=2302Thanks |
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Bedrock of the Community
United States
20753 Posts |
Asking that sort of depends on if you plan on reselling that coin or bought if for yourself. By that I mean whatever you pay for a coin makes little difference if you like it, want it, need it and plan on keeping it for yourself. Then cost is not that important. What is, is are you happy with it?
I think the price is OK though. Others may not agree.
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Moderator
 United States
16677 Posts |
You paid bluesheet MS62 bid. You did alright. The only problem is, Teletrade and Heritage charge a buyers fee. For that matter, I have only bought from Heritage once and that was my avatar coin. justcarl brings up a good point. The bottom line is that you are happy with it. Looks nice  swcoin.ecrater.com
Edited by vermontensium
03/20/2011 11:25 pm
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Valued Member
 United States
327 Posts |
I guess I should have mentioned the fees and shipping as well. $528.50 is what I paid after all is said and done. I always try to consider anything I collect an investment but I do not own any gold. Well, not before today. I just really like the design and would like to buy a few just to have something else to look at. I mainly collect Lincolns but I have some silver commems and currency as well. I love history and this is all a part of that.
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Pillar of the Community
United States
1388 Posts |
I love that design, one of my favorites... With the fees you might have paid a little bit much, but how can you really put a price on a coin that you really enjoy?
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Pillar of the Community
United States
4415 Posts |
If gold continues to climb as the dollar dives, you'll be even happier with your purchase. At this grade, I believe that bullion value trumps condition. IMHO, if you plan to buy more slabbed gold coins, you really should check out some coin shows. If you do, take this coin along for comparison. Enjoy!
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Valued Member
United States
327 Posts |
Coin shows come to Spokane, WA once a year sigh.... but I will keep that in mind if I do any traveling.
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Valued Member
United States
212 Posts |
The 2 1/2 Indians have been dropping in price lately. Why? I do not know. Makes no sense to me. You're right in the ballpark though for price. I think your coin is valued at about $425.00 for that grade. It sure is a beauty! I like it alot. But, if you like, you did good.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I just really like the design and would like to buy a few just to have something else to look at. I love history and this is all a part of that.
I think you just answered your own question. Again, forget the price and forget the postage, handling, etc. It is YOURS and you sound like you really like that so what is price compared to happyness. |
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Valued Member
Philippines
386 Posts |
You did right... hitting the target. As I have been mentioning in other post before, by buying Gold coin, you do not just wait for the prices of gold to sore-up, but you are also waiting for the rise in demand made by newcomers in numismatics (new set of generations) thus hitting two birds in one stone. We all know that the number of pcs in these old gold coins remains constant thus the law of supply and demand is definitely applicable on this issue. Not to mention the opportune time of owning such a nice Mint State gold coin is really what happiness in numismatics is all about, like my avatar by which I am always proud to have  |
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Valued Member
United States
225 Posts |
Looks nice.
You did fine if you are happy with the coin. That is all that matters.
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Pillar of the Community
United States
931 Posts |
You didn't do too bad. Most MS62's are selling in the $460-$500 range. These Indian Quarter and half eagles are a lot of fun to own. It really isn't a bad price if you enjoy it. Beautful coin! Also, hello all. This is a great forum.
Edited by junior e
04/13/2011 6:52 pm
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Bedrock of the Community
United States
14454 Posts |
I love the $2.5 and $5 incuse indians because they are the only incuse design the US has ever made and that makes their appearance unique and very pleasing to look at. The incuse design makes them very hard to grade because they do not wear like any other coins but I think those coins in the 7070 album run a close second to any other design included in there (only second to the classic head Large Cent and I think the only reason I like them so much is because it was the hardest coin to find in problem free condition)
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Valued Member
United States
134 Posts |
Sweet pickup! My first gold coin is also Indian $2.50 and I love it! Design and all is so cool, mine is 1925 d. Thinking I should send it in to get graded. Here is link to mine. Enjoy your gold coin and great buy! http://boyersautographs.webs.com/ap...id=113609428Sorry my pic taking skills need some work |
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Pillar of the Community
United States
625 Posts |
The 2 1/2 Indian was my first gold coin buy also. Got a strong AU coin for right around $300. Love the incuse design.
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Pillar of the Community
United States
511 Posts |
Looks like a nice coin for the grade.
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Replies: 15 / Views: 2,133 |
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Posted 03/20/2011 11:23 pm
