Oh I'm happier than a pig in a mud hole! I saw a $5 gold Indian a couple of weeks ago and I should have put it on layaway. When I went to get it today it was sold!! :headbang: Well the store had 3 more $5 dollar Indians but they cost more and to me they just didn't grab me. Anyways, I looked at the $2.5 and it's a 1915, same as my half sovereign, I said yeah!! I'll take it!! Just had to share this info as I'm finally starting to take pics and I'm stoked!!
$260 dollars for the Indian!! I bought a couple walking liberty halves and my wife bought some nice Japanese coins. Once I take pics of those I will put those in my album. :thumb:
Can't tell much from those pics, it looks like you used flash, which is a big no-no as it can manipulate the luster of the coin and make it less accurate. I can't really give a grade or anything or say you got a good deal. But, whats important is that you're excited and you're happy Congrats
Try using two lighting sources, halogen or fluorescent lamps are very good to use here. Also put the lamps light directly on the coin in a "10 and 2" (o' clock) position. ALSO, make sure the camera's white balance is set right, and set the camera to marco. Here is my gold indian, using my camera, with all the tips that I just gave you. I hold the camera maybe about 5-12 inches away from the coin, it just depends on the coin. I also sometimes set the EV Shift, to a lower level, so it darkens the shot, as it may be too bright sometimes.
Very nice! Someday, when I stop finding the things I like to collect, and when gold gets cheaper, I'll get some of these. Some of the most beautiful coins to come out of this country.
Northwest Territorial Mint is selling this coin on their website for $391 http://store.nwtmint.com/product_details/2411/5_Dollar_Indian_Head_Gold_Coin/ ....0.24 ounces of gold..... thats a high markup
Oh, very sorry, you're right. Just like the guy who thought stocks could never drop in 1928. If you think it gold will stay high indefinitely, then you're living in a pleasant little bubble of ignorance.
These are totally different times we are living in than 1928-29. A whole new set of circumstances. Our economy is going bankrupt. The US Dollar is on the verge of extinction. The only things of value after the Dollar goes is Food, PMs, and other tradeable goods. More people are waking up to this reality we are in and are flocking to PMs. There will be a shortage of PMs really soon (especially in silver)... supply cant keep up with this new demand. The fact that CHINA is now pushing PMs down it's citizens' throats is even more cause that PMs are the new wave and will only be going UP UP UP in value. Gold and Silver are the only sure things in this New Reality we are in.
The price of gold has been fluctuating with the strength/weakness of the dollar for quite awhile now. If the dollar can get a good strengthening jolt, gold will drop like a rock. I'd much rather have a loaf of bread if I was hungry than any amount of gold. Gold will protect your dollars while the dollar weakens. When the dollar strengthens...watch out, and don't try to catch the falling knife that gold will be.
How can the dollar strengthen when: 1. The FED keeps printing more and more out of thin air and calling it value 2. Every other major country in the world is trying to dump it in favor of other currencies and Gold ????? IMO, the Dollar is past the point of no return. It has 2-3 years on dangling life left and then prepare yourselves for a North American Union (just like the European Union). Gee, its like this was all... planned. One step closer to a One World Government, eh?
The dollar strengthens and weakens daily/weekly. I have no idea what causes it, I just know what the results are for goods priced in US dollars...like oil and precious metals.
Oh snap! North American Union? Like in Europe? But then we'll have a strong currency. OH NO!!!!! Don't get me wrong, buddy. I would love to have a currency backed by gold. But all you're doing is spouting propaganda. Either that, or you've severely understood most of life.
I want a currency backed by much more than just gold. The gold standard is what got us into this mess. See, what happened was that in the beginning, people carried around gold and silver to buy things, then nice little governments stepped in and said "Hey people, we know its inconvenient to haul around heavy metals to buy stuff. SO now we are going to make it easier. Turn in your gold and we will give you this nice little piece of paper you can use instead." So people traded in their gold for paper, and their employers paid them in paper for doing work as well. People went around thinking this paper was worth value because their government had it backed by the gold that they turned in. Now that everyone was using paper and had complete faith in their government's gold holdings, the government turned greedy. The government thought, "since we have the people fooled, we can make more money than what is backed up by gold, and people will still think it has value." So print away the government did, and eventually the FED after 1914. While the people were fooled with this crazy paper, the central banks had control of the nation's gold and stole all of it from under the people's noses, essentially making the paper they hold worthless. That Gold has since been transfered to secret holdings of the European Banking Families *cough* Rothschilds, Rockefellers *cough* We are now feeling the effects of this today while we lose purchasing power as people lose faith in the dollar. And those with gold have the power.