OK. So I have no idea why I titled this post like I did. Maybe it's because I've lost some of my enthusiasm in coin collecting lately with the extreme costs associated with the areas I'm particularly interested in pursuing.
To begin with, I have always liked the 2 1/2 dollar Indian Heads. I had considered this the most likely gold coin that I'd be able to collect and actually complete the set. You only need 15 coins and you have collected the entire set from 1908 to 1929. [Note: the set goes something like this: 1908, 1909, 1910, 1911, 1911-D, 1912, 1913, 1914, 1914-D, 1915, 1925-D, 1926, 1927, 1928, and 1929.]
Now, however, the rarest critter of the set (the 1911-D Strong D) is being sold for around $5,500 without NGC even grading it as MS63, AU55, etc! The encapsulated coin had been improperly cleaned (and noted as such on the slab) so there was no grade associated with it. That didn't stop the seller from claiming "UNC MS SLABBED NGC LOOK *VERY RARE* UNCIRCULATED MINT-STATE BEAUTY NGC" in the advertisement for sale.
Plus, since the price of gold is (to me) unreasonably high, I can't even start collecting this pretty cool coin.
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