10 Gold Indian 1914 S

Discussion in 'US Coins Forum' started by capthank, Feb 18, 2020.

?

I purchased this gold Indian as MS.

  1. MS yes

    0 vote(s)
    0.0%
  2. MS no

    11 vote(s)
    100.0%
  1. capthank

    capthank Well-Known Member

    1914 s gold 10 dollar Indian(727).jpg
     

    Attached Files:

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  3. -jeffB

    -jeffB Greshams LEO Supporter

    It's often hard to tell from single photos, but I see clear wear on the high points on both obverse and reverse, and it looks like the luster is missing from large areas of the fields on both faces.

    I'd guess low AU, but wouldn't be terribly surprised at high XF or mid-AU.
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not even an AU. Too much wear.
     
  5. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Hopefully you have better photos, Look at the curl of hair below B and the hair over the ear. I would have been closer to melt for the coin. Melt is about $775.
     
  6. capthank

    capthank Well-Known Member

    Thanks. In hand it has nice luster that the photo doesn't capture.
     
  7. capthank

    capthank Well-Known Member

    Thanks. I will magnify again to learn to diagnose wear patterns.
     
  8. capthank

    capthank Well-Known Member

    Next month I'll take the coin to our club and have members grade it and compare notes. Thanks for the help. I really thought I had purchased a un-circulated coin but am still learning and making mistakes. Overall I still like the coin though. I wished the luster would show in the picture.
     
  9. kSigSteve

    kSigSteve Active Member

    If this was knowingly marked as MS when it’s clearly an AU coin than I wouldn’t trust who you are buying from.

    Secondly I wouldn’t be buying $500+ coins without first knowing how to grade coins properly or at least knowing how to judge an MS coin vs AU.

    If you don’t mind divulging how much you paid for this. It appears that MS prices are double melt and if possible I would return the coin. Also gold coins especially semi key dates are often counterfeited so I would read up on how to identify counterfeits in addition to grading.
     
    capthank likes this.
  10. micbraun

    micbraun coindiccted

    Not necessarily a mistake, a decent AU55/58 is usually much nicer than a low MS graded coin. You like it, that’s what really matters...

    PS: I agree with Steve though, I’d only buy NGC/PCGS certified gold coins.
     
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  11. capthank

    capthank Well-Known Member

    I'll let everyone know the results I receive at our coin club per grading of this coin and the four other gold coins I purchased. They came from a 60 YO collection so I did not consider counterfeits. They include a 1899 S $ 20 dollar Liberty Double Eagle, 1901 S Half Eagle, 1913 Half Eagle, 1901 5 dollar Gold Liberty with the 10 Gold Indian ($727) I paid a total of $2909.00 for all five gold coins so a bit below spot on that day.
     
  12. Rheingold

    Rheingold Well-Known Member

    ) I paid a total of $2909.00 for all five gold coins so a bit below spot on that day.[/QUOTE]

    That's a bargain for sure.
    The 1914 S is a tough date in MS, but your coin seems to be low AU.
    Good luck though.
     
  13. frankjg

    frankjg Well-Known Member

    How do you know that it really was from a 60 year old collection? People will lie about anything
     
  14. capthank

    capthank Well-Known Member

    Date of receipts for coins purchased in the collection go back to the 40's
     
    -jeffB likes this.
  15. capthank

    capthank Well-Known Member

    That's a bargain for sure.
    The 1914 S is a tough date in MS, but your coin seems to be low AU.
    Good luck though.[/QUOTE]
    Thanks
     
  16. Derek2200

    Derek2200 Active Member

    Send them and get them graded PCGS. Then see what their MV is with the registry app.
     
  17. green18

    green18 Sweet on Commemorative Coins Supporter

    AU slider.......
     
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  18. capthank

    capthank Well-Known Member

    What is MV?
     
  19. capthank

    capthank Well-Known Member

    Yes, in hand it is a beautiful coin and when I retrieve them from my BDB I'll take a better photo
     
  20. capthank

    capthank Well-Known Member

    Being as they are common circulated coins I won't have them professionally graded and will trust our coin club members and then put them in Everclear holders for protection.
    Thanks for the suggestion though
     
  21. Mainebill

    Mainebill Wild Bill

    Au 50 no more
     
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