$10 Gold Indian.

Discussion in 'US Coins Forum' started by Tater, Sep 6, 2010.

  1. Leadfoot

    Leadfoot there is no spoon

    As a type collector, I would choose one of the the most common dates (i.,e. those that are sold at the lowest price). In the grades you talk about, this advice is even more apropos -- as there are unlikely many people chasing 58/61/62 sets and putting money in a less-common date will likely not pay off so stick to "generic" dates.

    That said, the problem with this series is the way TPGs grade them -- they are really all over the place. You need to be careful not to pick up a "mistake" (i.e. overgraded) coin. It is unlikely (and please don't take this the wrong way) that you will be able to pick a winner from the losers from an online Heritage or eBay auction.

    The best way is to look at a bunch (like more than 100) coins in-hand and pick one you like the most. Alternatively, have an experienced collector or a dealer you trust choose one for you. I know some people may disagree, but a coin with a CAC sticker is also a good insurance policy against overgraded gold in TPG holders.

    Just be patient, and don't buy a coin quickly. Take your time and your patience will be repaid.

    All of the above IMO & respectfully submitted...Mike
     
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  3. 900fine

    900fine doggone it people like me

    If this were typical, one could become very wealthy buying raw coins, slabbing them, and routinely tripling one's investment. Good luck with that, my friends.
     
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