U.S gold coins?!

Hi! I was thinking of buy an indian quarter eagle. Do those commend a premium, and is it better than those tenth ounce gold coins? Which would be better to buy as in investment.

 

Log in or Sign up to hide this ad.

buy a key date high grade quarter eagle, something like this http://www.ebay.com/itm/1914-2-1-2-...97?pt=Coins_US_Individual&hash=item257f190e1d

 

Haha, cause everyone can drop 10k just like that. This is one of my favorite coins. I bought the $5 Indian when I was 11 years old and it's still probably my favorite. I don't consider it bullion but more of my personal favorite collection.

To answer your questions, it depends where you buy it. I have one coin dealer who buys them and other old gold coins from estate sales. The coins aren't perfect so he sells them for dirt cheap.

In my experience they've been more expensive than an actual 1/4 gold eagle. There is the $2.5 Indian and the $5 Indian.

The American gold eagle would be cheaper and probably be the better investment.

 

oh. sorry for the confusion bkozak. Muck, so ur saying I should buy the 1/4 gold eagle instead?

 

That's my opinion, I just bought one today actually and skipped on the 2.5 Indian even though I really wanted another one.

I'm sure someone could make an argument the other way too.

I forget what the actual specifications are for the 2.5 Indian but its less than 1/4oz of gold. So for investment, you get more gold with the American Eagle.

 

Id go with a nice indian, goes up with gold and is protected somewhat with numis value if gold drops

 

The best route is to buy a full ounce or multiple ounces but I can't do that. You pay less premium when you buy the full ounce. The smaller you go in fractional coins the more premium you usually pay.

 

Exactly my point. Bkozak33 gives a great argument. It's very true. Great point Bkozak33.

 

A $2 1/2 Indian would have to be considered numismatic as opposed to bullion. The premium over spot is quite large and varies according to condition. They are beautiful coins and are a piece of history, but they probably are better thought of as a collectible then an investment.

 

those gold Indians, they're selling like over 100 dollar over their gold value on apmex and providence according to coinflation

 

how much of a premium was there for that coin?

 

I good example I can give I like the US G$1 for small gold, (1.7g) but to get in any quality lvl your looking at about $150-300 with a melt of about $65 at moment. So high premium but good Numismatic value as well.

 

Are Ya investing or are ya collecting Typical fellow? If you're collecting go with the 2.5 Indian. It's a sweet 'looker' and you'll never regret picking one up. If you want to 'stack' gold then I'd recommend one ounce 'moderns'. Difficult to acquire in your young and present state, but more bang for your buck........

 

That's why I went with the American eagle today even though I actually wanted the Indian.

 

You definitely won't regret buying one.

 

As I am sure you know, all depends on the coin, but I assume you're talking about a very generic denomination example. If so then you should be able to find a suitable specimen for near melt value.

Substantially less at about 0.121.


If you want an Indian quarter eagle, just take the time to find one. Depending on where you look, common circulated (or problem) specimens are not all that difficult to find with little to no premium. Just don't expect them to fall into your lap.

 

Thanks for the specs Books! I knew it was in the .1? but I couldn't remember how low the second digit was.

 

Muck there is a website : coinflation.com where they show u the amount of silver/ gold in coins and the value based on current spot. If you have never heard of it check it out

 

One thing that usually comes to mind for me is this: One of them they can and usually will make more of them tomorrow, the other one hasn't been made in about 85 years, so which one do I really want?

 

that's the way I see it too. If you can swing it I would go for the $5 Indians. I just like a bit more coin and they go together with modern gold commems if your into both.