Picked this little 1914 D up today while visiting the LCS to buy some more 90% silver...ended up with both 90% silver and gold...For the price, I just had to take him home.
Yep...pretty tough to do. Especially if it’s a key or semi key date. And let’s be honest, you wouldn’t sell it for spot if you owned it so paying a premium will not be that big of a deal as it’s no problem getting it back.
Thanks man...I had to do it. Have been wanting one of these for a long time. It’s my favorite design for sure, not to mention I’ve been wanting some pre 33 gold. I know the premiums are high but really it’s like buying an old coin that has more value than just the metal it’s made with. It just happened to be that I was in the shop when someone brought it in..saw the dealer test it and buy it. He immediately saw my interest and offered it to me. Quickest flip he’s ever made! Haha!
The $2.50 Indians are a basically affordable and fairly easy set to assemble. The 1911-D is the killer, especially the strong D. Just by them one at a time. Most of them can be had for $300 or less except that '11-D. Even the weak D, which is less desirable, will set you back about $2000. There are 15 coins to the entire set. Three of them have a D mintmark and the other 12 are from the Philadelphia Mint. I must correct myself. An early post of mine I stayed I thought the '14-D was the second lowest mintage. It is not. The 1914 is the second lowest mintage. The 1914-D has a mintage of 448,000.
Yes I looked it up...the 1914 D is 6th lowest out of the 15. I just saw a 1914d in what looks to be very similar condition to this one sell for $399 on the bay. so I’m happy with my purchase for half of that for sure.
For sure, but you can’t dismiss using it to sell for these type of items. Even after all the 13% worth of fees he’s still clearing $348 on it.
Very nice. I never met an Indian that didn’t need to come home with me.... But in all seriousness, they are extremely interesting from a numismatic perspective. And they can often be had for what I believe is quite the fair price. I believe the old incused Indians may be one of the better deals to be had. Cool purchase!
Any 2.5s are tough near spot. They have had premiums for at least the last 30 years I have paid attention.
I found one at a show that was previously a jewelry piece that was at spot. I thought about it but didn’t buy. I regret that.
