1862 Indian Head Cent for grading
zrnumismatics
Posts: 105 ✭✭✭
Hi,
This is another coin I found available in England. Before I make an offer, I was curious to see y'alls thoughts on the grade.
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Comments
If the (light) color is accurate, my guess is that the coin has been dipped or gently cleaned.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
AUz, possibly cleaned. Maybe it's just the photo.
Consider it to be an MS60 when making an offer. The seller has not stepped up and paid the price for having it slabbed. Has it been dipped at some time? It may or not have been based on whether the photo shows its color accurately.
He's a British coin dealer that has thousands of coins available - with only 3 or 4being slabbed. i don't think he sends anything in. I might pass but I have a history of sending bright CN Indian Head cents to NGC from old collections and getting straight grades.
Examples:
The detail on the coin is good, but 1862’s usually are. I checked the examples in CoinFacts referencing marks & color. Your pics are pretty good; my assessment is AU details - cleaned. I don’t like that area between the right shield & the leaves. Unless you can get a really good price, I would pass.
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Looks UNC to me, about a 63. I'm no expert, but the color looks normal for a CN cent. Try a dip in acetone to remove the PVC residue by the shield.
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I guess I'm losing it, but I don't see the "cleaned" part here. The coin has some marks and some toning spots. The one on the reverse between the shield and wreath on the right side is a bit concerning. Overall I'd go MS-60 for pricing if you wanted it.
This is the second most common Civil War era date behind the 1863. It's not hard to find nice.
This one is graded MS-64.
Those that you posted look more original to me than the 1862.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Why not try to purchase the slabbed coins instead of the risk of a raw coin?
If he's overpriced on his slabs that may say something about the raw coins. Depending on the price gap.
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Your coin looks too white-ish and uniform in color. Original, un-dipped Copper/ nickel cents have beautiful luster and a bright coppery look to them such as this:
Dont know what’s he’s asking. Considering how it looks to the slabbed 65 - pass.
I agree with His Majesty the King.
Something about the surfaces just looks off to me. Put it this way, if I were looking for this exact coin and ran into this one, I’d keep moving.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
"Cleaned" and "dipped" are two separate issues, but it's impossible to explain that to some people.
A "cleaned" coin gets you into "details" territory. It means you have hairlines that are the result of moving metal around.
"Dipped" means, the original luster might be impaired, but the coin still might qualify has a low end Mint State piece. That's part of what the grades MS-60 and 61 are met to cover. There is mint luster left, but it's not vibrant.
I see a lot of “cleaned” (not just “dipped”) coins without obvious hairlines. Their sheen is clearly off/unnatural, as a result. And many of them reside in straight grade holders.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
In that case, they should not have made it into straight grade holders. You can dip a coin until you ruin it and make it into a "details" coin. The term used 20 years ago was "cooked." My beef is with lightly dipped coins which some people called "cleaned."
A little dull (especially the obverse), but I will go with MS62.
Thanks everyone for the info.
Appears to be verdigris on reverse between shield and leaf. I would pass, as Bill said, not hard to find one already graded. Even with a good AU price you can do better. JMO
JIm
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au55 ....looks much worse than the others you sent for grading imo
i see a nice mint state coin.
The verdigris on the reverse is minor, and may be removable gunk.
I’m assuming the photo makes it look paler than its in-hand appearance.
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Viewing the pictures on my computer monitor now, instead of my iPad, the color looks somewhat better than I thought previously. I could see the coin grading in the MS62-MS63 range.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MFeld:
Hi Mark -
These CN’s are a bit of an anomaly - the appearance of the OP’s example is fairly common color-wise. However, @jfriedm56’s earlier post is also true. They can & do appear “colorful” & lustrous.
Ken
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Hi Ken - I'm with you regarding the "bit of an anomaly".
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
75% copper does its stuff
(sometimes)
30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!