A Dream Come True 6

For some coin collectors, the ultimate coin has been a 1909-S VDB Lincoln Cent, or a 1916-D Mercury Dime or a 1932-D Washington Quarter. For others, it has been a particular coin, like a Trade Dollar, Seated Liberty Dollar or even a Bust Half. For my friend and I, it was something else.

Around 25 years ago, my friend Bob and I would talk about what we would like to someday get in terms of coins. One of those coins was a Indian Quarter Eagle. This was a gold coin that was minted between 1908 and 1929 with a denomination of $2.50. We wanted to get a circulated gold coin and the Indian Quarter Eagle seemed to be one of the earlier ones. Through the years we spoke about it, but had never got one, until March 26, 2017. We went to the annual Willimantic Coin Show in eastern Connecticut. We walked around all of the different dealer tables. Bob found another coin he was looking for, but we only found a few non-slab Indians in Almost Uncirculated or low Mint State conditions. In the last row of tables was a dealer who goes to the same coin club as us. Bob noticed a couple of Indians there, but also saw a 1907 Liberty Quarter Eagle. As he was thinking of building a 1907 coin set, he bought the Liberty Quarter Eagle. Then he called me over to look at the two Indians. He hadn’t told me yet that he had bought the Liberty Quarter Eagle. So, I thought he was going to get one and I would get the other. I noticed the 1928 and said I would take that one. Unfortunately, I only had 2/3 of the amount the dealer gave us. My friend was kind enough to pay the other 1/3 as a birthday present and I finally had my own Indian Quarter Eagle.

US Gold Coins were used in circulation from the 1790’s to 1933. The gold standard ended with the Presidency of Franklin Delano Roosevelt. Getting one of these gold coins was a dream come true. I have been looking at this coin which is about the size of a dime a number of times today. I still cannot believe I have it. So, what will I get next? I don’t know…I’m still looking at this coin.

Is there a coin that may currently be out of your reach, but hope to get someday? Maybe it’s a rare coin in a set you’re working on at the moment. Maybe it’s a coin from early US history, a colonial coin, or even a foreign coin. I’d like to hear what you’re looking for.

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6 thoughts on “A Dream Come True

  • Scott

    So, I’m not a coin collector but my Dad is the kind of guy that is into something like that. Personally, I love the story and think it was great you were able to find this coin, especially on your birthday. Do you collect these coins, put them into a set and then sell them or is this strictly collecting for yourself? What is that coin worth, it’s weight in gold or more because it’s no longer being produced, kinda like a comic book? Thanks!

    • Kevin Post author

      Thanks for the comment Scott! I do collect coins. I’ve sold a few of my coins when I was not working a couple of years ago, but I hope to keep all the ones I have. This coin is worth around $450 to $500 in it’s graded condition which is worth more than just the gold composition. Of course as gold goes up, so will the value of this coin.

  • NikkiJ

    I collect coins, but not as serisously as you do. I go to the bank and exchange for rolls. I save them for my children as a gift when I go. I mostly get Susan B Anthonys and Sacagaweas. What is special about the 1932 D Washington Quarter? Are they hard to find?
    I would also like to get started in collecting foreign money as it is something fun to look at. Where is a good place to get started with that?

    • Kevin Post author

      Thanks for the comment NikkiJ! I used to get rolls from the bank, especially half dollar rolls. The 1932-D Washington Quarter is the key date of the set as it has one of the lowest mintages and some have been melted. Depending on the condition of the coin, it could be worth in the hundreds or thousands of dollars. I haven’t collected many foreign coins. Maybe check out a nearby coin store or show. I went to a coin show last weekend and a number of dealers were selling foreign coins.

  • Delia

    Very cool coin. Your pictures really show it off well.

    I’d love to find a treasure chest full of these buried in a cave or something 🙂

    I think my dream coin would be something from ancient Rome, maybe Caesar’s time. Probably impossible outside of a museum, so it will have to stay a dream.

    • Kevin Post author

      Thanks for the comment Delia! It would be nice to find a treasure chest full of coins. An authentic roman coin would be tough. There are a lot of reproductions out there. If you were going to look for a roman coin, look for one certified by a well known guaranty company like PCGS or NGC.