It certainly isn't common to find in circulation or in a roll of coins, so I would say it's a good find. How valuable of a find it is would depend on the condition of the coin, but I'm pretty sure all of us would be at least a little excited coming across one.
A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Finding any Indian Head cent in circulation is a very unusual event. They were effectively gone from circulation before 1960 (and in most areas of the country were gone well before that). As stated earlier, value will depend on grade.
@PerryHall said:
A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.
Today's children realize that pennies have no value in commerce.
@PerryHall said:
A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.
Perhaps someone just dumped an old jar of coins in a coin star. It does not have to be stolen. Jeez
@Wahoo554 said:
It surprises me how rare they are in circulation. You would think they would pass under the radar in commerce more often than they do.
Not really surprising how scarce they are.
They haven't been minted for over a hundred years.
If they are to show up in circulation, how would they get there?
Stolen/accidentally spent/Coinstar dump "oops" are really the only way they could show up.
Just think how scarce wheats are today.
When I first started collecting in the late 60s, even then, it was virtually unheard of to find one circulating.
And I looked through lots of change.
I didn't find one in circulation until a few years ago.
I don't have any statistics to back this up, but I would be surprised if there was an average of more than one Indian Cent per million cents in circulation.
@Wahoo554 said:
It surprises me how rare they are in circulation. You would think they would pass under the radar in commerce more often than they do.
Not really surprising how scarce they are.
They haven't been minted for over a hundred years.
If they are to show up in circulation, how would they get there?
Stolen/accidentally spent/Coinstar dump "oops" are really the only way they could show up.
Just think how scarce wheats are today.
When I first started collecting in the late 60s, even then, it was virtually unheard of to find one circulating.
And I looked through lots of change.
I didn't find one in circulation until a few years ago.
I don't have any statistics to back this up, but I would be surprised if there was an average of more than one Indian Cent per million cents in circulation.
Wow... a circulation find IHC.... When I was a kid with a paper route (late 40's, early 50's) they showed up in change...not every day, but every month or so.... enough so I had a small cache of them at one time. Of course silver dimes, quarters and halves were standard fare as well. (Where is the emoji with the gray beard ) Cheers, RickO
Answers
Indian Head cent?
It certainly isn't common to find in circulation or in a roll of coins, so I would say it's a good find. How valuable of a find it is would depend on the condition of the coin, but I'm pretty sure all of us would be at least a little excited coming across one.
A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Finding any Indian Head cent in circulation is a very unusual event. They were effectively gone from circulation before 1960 (and in most areas of the country were gone well before that). As stated earlier, value will depend on grade.
Today's children realize that pennies have no value in commerce.
Perhaps someone just dumped an old jar of coins in a coin star. It does not have to be stolen. Jeez
thanks to you all
thanks for the picture
It surprises me how rare they are in circulation. You would think they would pass under the radar in commerce more often than they do.
Not really surprising how scarce they are.
They haven't been minted for over a hundred years.
If they are to show up in circulation, how would they get there?
Stolen/accidentally spent/Coinstar dump "oops" are really the only way they could show up.
Just think how scarce wheats are today.
When I first started collecting in the late 60s, even then, it was virtually unheard of to find one circulating.
And I looked through lots of change.
I didn't find one in circulation until a few years ago.
I don't have any statistics to back this up, but I would be surprised if there was an average of more than one Indian Cent per million cents in circulation.
That’s great that you found one, was it a circ find?
I started collecting in 1961. I don't think that I ever found one and I looked through $50 bags many times.
dont give up golgen. thanks
thank you i never saw one until today.
yes , but nice
Wow... a circulation find IHC.... When I was a kid with a paper route (late 40's, early 50's) they showed up in change...not every day, but every month or so.... enough so I had a small cache of them at one time. Of course silver dimes, quarters and halves were standard fare as well. (Where is the emoji with the gray beard
) Cheers, RickO
That's an awesome circulation find! I've found only one since I started looking in the 1980s.
Aercus Numismatics - Certified coins for sale
thanks you,
I've never found an indian head cent in circulation so yes, it is a great find!
Awesome find!
thanks jbk