Photo Credit: Liberty Coin
NGC & PCGS Certified MS-64 $2.5 Indian Head Gold Coins
Buy It Now Price: $623.54 each (price as of 2019; item no longer available)
Pros:
-Pre-1933 NGC and PCGS certified U.S. gold coins – like these random date $2.50 quarter eagle MS-64 $2.5 Indian Head pieces – represent exceptional investment value in the hard asset space.
-Each coin measures 18 mm (0.71 inches) in diameter and weighs 4.18 grams (0.1344 troy ounces), giving a net gold content of 3.76 grams (0.1209 troy ounces).
-Buying an NGC or PCGS certified MS-64 $2.5 Indian Head piece means you are guaranteed to get a genuine, problem-free and stunningly gorgeous coin. In addition, enough of these coins have survived to drive institutional interest and liquidity among large financial firms once hard assets become more popular.
-The $2.50 Indian Head gold coin series had fairly low mintages, especially compared to larger pre-1933 gold coins like the eagle ($10 piece) or double eagle ($20 piece). The total mintage for the entire quarter eagle Indian Head series was only 7.25 million, with no single year even reaching a mintage of 1 million.
-Even though the NGC or PCGS MS-64 Indian Head quarter eagle coin you will receive is a random date, it is probable that you will get a common date from the 1920s (a 1925-D, 1926, 1927, 1928 or 1929).
-The surviving population of $2.50 Indian Head gold coins is much lower than the gross mintage figures would lead you to initially believe. This is because huge numbers of these coins (along with other pre-1933 gold) were melted after President FDR nationalized the United State’s gold currency during the Great Depression. According to PCGS and NGC population reports, a grand total of only 331,034 specimens have been certified between the two companies.
-Many pre-1933 generic slabbed Mint State U.S. gold coins have declined precipitously in price over the last ten years. For example, between the summer of 2009 and the summer of 2019, common-date MS-64 $2.5 Indian Head gold coins have plummeted by 50% to 60% in value. But prices have now bottomed and are beginning to rise, providing a phenomenal buying opportunity for the savvy investor.
-These random date MS-64 $2.5 Indian Head gold coins are eBay Bucks eligible! That means that if you sign up for the eBay Bucks program and are patient enough to wait for an incentive period, you could get a 6% to 15% rebate on the purchase price of these coins.
-Generic U.S. gold coins are a wonderful bargain right now. And these random date MS-64 $2.5 Indian Head coins are unbelievably cheap at only $624 each. As an added bonus, MS-64 coins are generally the highest available grade before prices begin to rise exponentially with MS-65 and better examples.
Cons:
-Because they are random date coins, you don’t know exactly what you are going to get beforehand. But the price is so low that I see this as a non-issue.
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