Picked up a 1910 American Gold Indian, my first, and it has passed all the normal tests one may do - diameter, thickness, and gross weight. Everything measures to specifications for a $10 gold Indian. I did the most research I could on this coin, and felt confident in my purchase. Since I bought this locally, I do have a small window of return, if I am unhappy, or in this instance, if I received something not authentic. I never once felt that I wasn't getting something not authentic, but I'd rather be certain, then "sure". I was informed that THIS is the place to come for coin related talk, and I'm here seeking advice from the educated, informed and actual owners. So what do you think? $640. Sorry about the image quality, I was able to manage better shots with "newer" coins, and this also happens to be the first time I attempted to snap a photo of a coin. If better pictures are required for a better determination, I will re-attempt pictures. Thank you for your time, and I'm looking forward your thoughts.
I am unable to get much of an impression from the provided photos, but nothing I can see makes me question authenticity, so a $45-$50 premium over melt for such a coin, even though a very plentiful date, is not unreasonable. No matter the condition, I've long found these to be quite popular and easily salable. In regards to the return, and while I do not think this an issue you need concern yourself over, any dealer worth this salts will not limit the time in which a customer can return a coin that turns out to be counterfeit, even if bought for metal content.
Thank you. Those are very nice coins! I paid well under what regular online options like Provident and Ampex are asking (~$700), for "cleaned/polished" coins, and didn't get hit with a large premium, and I thought for the price, it wasn't a bad deal. The gentleman I purchased this from, said he'd grade it as a VF, and I'd probably agree, judging by photos, but I am new to pre-'33 coins, and this is my first. It's a 1910-D. From my understanding, not a desirable date with 2.3 million struck. Is $640 a fair price for this coin? I paid a few cents less per gram ($42.58/gram) of gold in this coin, then a new (2013) 1/2 oz gold Maple Leaf of AGE, so I did some research and thought it was the right move to make. Would you guys agree?
I think you are okay on your cost. Coinflation.com has the circulated $10 Indian at $594.96 based on the spot gold price. So when gold goes back up, so does this. Sorry I missed that it was a 1910-D (Denver) Mintage 2,356,640. Yes, those are better pics.
I like the Indians. Yes, I too think the old Eagles are a better buy than the current Gold Eagle equivalent.
