AU gold 2 1/2 Indians

So these were at a pawn shop today, A 20% off spot sale, should I buy them?
I understand they are terrible pics, I haven't shot a coin with my cell in a while. These would be the first Golds that I buy, Does anything stand out as fake? I checked mm positioning against Photo grade, stars etc. they look real in hand, good surfaces, hardly marked. just some wear on the High points.

 

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you need better pictures
too blurry

 

I thought so. I am not so worried about the price 220$

 

I think they look real, but cleaned in the past. So I would not call them AU, maybe XF-45 Details. But 20% off spot sounds good to me

 

So you meant "spot sale" as in "flash sale", not "20% below spot", right?

 

IF I bought them They would be for the collection.

 

Riddle me what is spot on a 2 1/2?

 

Half a $5, of course.

A bit under $150 -- but "20% off spot sale" isn't the phrasing I'd use, simply because "% off spot" grabs the focus a lot more than "spot sale" does.

 

I think that Grade is the only thing that matters here. they usually put them up around spot. But I can see how easily I was confused. At vg grade I cant hardly miss.
Thanks for the spot price. @-jeffB

 

CoinFlation currently lists $2.50 Indian at $ 149.11

 

Can you post that site, I am usually a silver kind of guy. Any gold that looks good is usually to over priced.

 

Here ya go

http://www.coinflation.com/gold_coin_values.html

http://www.coinflation.com/silver_coin_values.html

 

Thank you!

 

You just won't find quarter-eagles near spot price, at least not at current gold prices. Even cleaned or damaged, they still carry a numismatic premium. If you're hoping to profit from a rise in gold prices, you'll do better with half-eagles or eagles.

 

Yeah, these will fit nicely. Those are terrible pics. I will picture them and post If I buy.

 

I believe you'll find 80% of "spot" is less than $120/coin. I'm definitely a buyer!!

JMHO

 

They are 220 each, and I believe well under graded.

 

I believe you'll find that price is approximately spot + 48%/coin, with the condition appearing to be AU Details technical grading.

JMHO

 

Seems like i paid about $300 the one and only time i purchased a 2.50 Indian. Cant remember what spot was @ the time.
That coin was probably xf at best , and of course it was the 1st coin to go, when i got into a bind. Its your $$ but i can think of a whole list of coins id rather have including but not limited to- (all slabbed btw)
MS63- Standing Lib Quarter
Ms63- 8tf morgan
MS63 - better date Morgan
Ms63DMPL Morgan common date
MS66 Morgan common date
Ms63/4 barber dime
Proof IHC
Proof V nickel
Extremely nice toner Morgan or Nickel
(& thats just off the top of my head)
But IF (and i think u could) you could flip those and make $20- $50 a whack, THEN buy something u REALLY want

But thats just me