1909 $2.5 Indian Head Grade?

Discussion in 'US Coins Forum' started by Trust, Jun 21, 2015.

  1. Trust

    Trust Young Numismatist Since 2011

    2013-06-25 21.41.41-1.jpg
    2013-06-25 21.45.02-1.jpg
    Hi everyone! It's been a while since I have posted anything, and these pictures are from a couple of years ago, but I was wondering if anyone had any input on maybe what grade this coin is and whether you would recommend me to get it graded. Thanks! And if there are any questions I am happy to answer them. :)
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    AU58 . . . probably not enough premium to justify the expense of sending it in.
     
  4. Seattlite86

    Seattlite86 Outspoken Member

    I'm afraid I don't have any expertise in gold grading, but this one appears to be near MS. The question I have for your is what would you get it graded for? Do your other coins have slabs and you want it to look alike? Do you worry about dropping this one or letting youngsters handle it? I'm not certain it would make the value of the coin go up any.
     
  5. Trust

    Trust Young Numismatist Since 2011

    AU - 58? (I don't know a lot about grading coins, but I sure didn't think it was that high. I was leaning more towards XF.)
     
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  6. Paul M.

    Paul M. Well-Known Member

    Doesn't matter much. The difference between AU58 and XF40 is all of what, $50-75? You probably would want it to be MS before slabbing it becomes a good financial move.
     
  7. Trust

    Trust Young Numismatist Since 2011

    I wanted to sell it, which is why I wanted a better idea of what grade it may be. (And to the other collectors, I'm not selling out haha. I wanted to upgrade to a finer, slabbed Indian Head.)
     
  8. Trust

    Trust Young Numismatist Since 2011

    And actually, 50-75 dollars is an very big difference to me. (As I don't have a job yet.)
     
  9. Paul M.

    Paul M. Well-Known Member

    All the more reason not to have it slabbed unless you're sure it's MS. You'll need to invest $30-50 in slabbing fees, postage, and insurance just to get it encapsulated.
     
    Seattlite86 likes this.
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    I'm with the grade of XF
     
  11. Trust

    Trust Young Numismatist Since 2011

  12. Trust

    Trust Young Numismatist Since 2011

    Anyone have an idea what I could get for it?
     
  13. Paul M.

    Paul M. Well-Known Member

    Looks like $230-250 on eBay.
     
  14. jwitten

    jwitten Well-Known Member

    Pretty nice luster, but a little wear on the eagle's shoulder. I agree with AU58. I would not grade it unless you think it would go for MS62. MS61 are selling for about $300 or so, and raw you MIGHT get $270, so selling raw usually is best if it is not pretty high grade.
     
    Paul M. likes this.
  15. rzage

    rzage What Goes Around Comes Around .

    Not XF , definitely AU-55/58 . Nice coin .
     
    medjoy likes this.
  16. mikenoodle

    mikenoodle The Village Idiot Supporter

    Rusty, not being very experienced at grading these, I wonder how it could grade 55/58 with the giant flat spot at the top of the wing. Could you please educate me?
     
  17. rzage

    rzage What Goes Around Comes Around .

    I just don't see any major wear anywhere else , so I chalked it up to a weak strike and minor wear in that area . Now if we were grading ANA standards it might warrant an EF-45 but I'm going by TPG standards and market grading . Though I've been known to be wrong plenty of times . Though a better pic would help as I have no idea of how that flat area on the upper wing got there . That's why it's really just an educated guess with pics .
     
    Last edited: Jun 22, 2015
  18. McBlzr

    McBlzr Sr Professional Collector

    Remember this is the incused design of the Gold Indians. Therefore these wear spots show up after there is wear on the surrounding fields and edges.

    I am thinking XF-40 to XF-45
     
  19. Trust

    Trust Young Numismatist Since 2011

  20. Trust

    Trust Young Numismatist Since 2011

    I'd just really, really like to get a defined grade on this (as much as I can through pics of a raw coin) so I can get a better idea of what I want for it.
     
  21. Dancing Fire

    Dancing Fire Junior Member

    Based on the pics...IMO it is an AU55 coin worth about $250
     
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