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NEWP.....AU,UNC,or GEM BU for fun:)

12 posts in this topic

AU-62 to me. I can't believe how nice the reverse is with the traces of wear on the obverse...or my monitor needs a good cleaning.

 

 

edit: Viewed it at home on my better monitor and saw more wear than I thought initially. I absolutely agree with the slab grade of AU details cleaned though.

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Grading Gold Indians from a photo is difficult.

Looks Au 58 to me. The coin shows muted luster but then it could be because of your lighting. Your description should have been AU or MS.

 

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AU details,cleaned.I may have over paid $450.00 for it. I don't think it's that bad for being cleaned.

 

 

 

That grade makes perfect sense- luster is muted because it was cleaned. Prices for one of these in Au details cleaned is between $400 – $450 .

 

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It is an AU, but it's the type of piece that could find its way into an MS-61 or 62 holder. The $5 Indian is one of the most difficult 20th century coins to find in strictly Mint State condition. When I was forming my first eight piece gold type set in the mid 1960s it was the one coin I could not find in Mint State.

 

I finally bought one that was "virtually" Mint State IMO. Years later I had a dealer send to PCGS during the "rattle holder" period. It came back as an AU-58. Later I cracked it out for an upgrade because of what I seen in other slabs graded as Mint State. NGC graded it MS-63. I later sold it for full MS-63 money. It don't make any sense to leave money on the table for someone else. (shrug)

 

Here is that coin.

 

19095IndianO-1.jpg19095IndianR-1.jpg

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