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<p>[QUOTE=&quot;Silverhouse, post: 2318554, member: 29452&quot;]My Grandfather collected coins when I was a kid and whenever I would get a silver coin, I&#039;d just pass it on to him.&nbsp; Grandpa would take out his coins sometimes when I was a kid so I could look at them, but that was it.&nbsp; It wasn&#039;t until years later that I got into collecting seriously.</p><p>&nbsp;&nbsp;&nbsp; I had a friend of mine who lived in Michigan back in 2010.&nbsp; When I saw him then, it was the first time I&#039;d seen him in ten years.&nbsp; While we were catching up, he took me down to his basement reading area and had me look at over 20 plus coin magazines.&nbsp; Most dating back to early 2000s to the current time.&nbsp; He told about collecting gold and silver coins.&nbsp; He showed me a few 2 1/2 gold Indians he had, and asked me if I would find out their current value.&nbsp; Now let me set the scene.&nbsp; Imagine a mob type guy, who grew up on the streets of Detroit, dressed ( still ) as if it&#039;s 1975.&nbsp; I didn&#039;t know a thing about coins.&nbsp; So I went to ebay to look up completed auctions for his coins.&nbsp; I can&#039;t remember exactly, but he was happy they went up in value, he had had them ten years by that time.&nbsp; He wanted to buy more gold indians and told me a some guy from some coin broker place was calling him asking him to buy some gold Indians.&nbsp; Well looking at ebay, I said &quot;just buy them right here.&quot;&nbsp; Now, this coin broker guy wanted to sell my old friend 3 gold Indians, 1910, and two 1911&#039;s, and my buddy being old school, didn&#039;t even have the internet.&nbsp; Catching up with him, it was sad in a way because he was a decade behind the times.&nbsp; Not going to get into why, but the whole point was this coin broker wanted 2700.00 for 3 common 2 1/2 gold indians.&nbsp; I told my buddy it was a bad move.&nbsp; He did it anyways!&nbsp; When they arrived in the mail he wanted me to look at them and give my opinion.&nbsp; I had NO clue.&nbsp; All I knew is that he overpaid.&nbsp; Or did he?&nbsp; One of the 1911&#039;s the guy sent was a D!&nbsp; A pretty strong one.&nbsp; It could clearly be seen.&nbsp; So maybe he got lucky, I don&#039;t know.&nbsp; I don&#039;t know if the coin was cleaned or not because I didn&#039;t know anything about cleaned coins.&nbsp; Here&#039;s the funny part.&nbsp; I had NO clue then the 1911 D 2 1/2 gold Indian was a key date, so I never bothered to look up the value.&nbsp; I just thought he got shafted big time.&nbsp; I lost touch with him again shortly after that.&nbsp; I don&#039;t think the coin broker knew it was a D he never mentioned it.&nbsp; He also made a curious comment.&nbsp; He told me that he had a client dumping all his gold coins and buying silver because silver was expected to go up to almost 50 dollars an ounce within a year.&nbsp; It was, that tip, that actually got me started.&nbsp; I wanted to see if his &quot;source&quot; was right.&nbsp; I made some money when silver went up and now I&#039;ve got a great new hobby.[/QUOTE]</p><p><br /></p>

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