1877 Indian Head Cent PCGS AU55..What ya all think its worth.. thank you

pow012000 · July 16, 2003 9:00AM

Buying one like to know what you all think it might be worth..thank you

jdimmick · July 16, 2003 9:18AM

It really going to depend on what the coin looks like? Color, detail, strike, surface preservation. (Eye appeal)? and the service its in

A PCGS-55 with nice eye-appeal, strike and color would sell for at least 2300.00+ on e-bay.

dorkkarl · July 17, 2003 4:19AM

best advice: do not buy sight-unseen

K S

nwcs · July 17, 2003 4:22AM

1877 PCGS AU55...

What denomination? And you want a return priviledge.

Russ · July 17, 2003 4:29AM

<< <i>best advice: do not buy sight-unseen >>

Excellent advice, Karl. Good thing there's a dealer on every corner and a show every week in every town in the country so that one always has the opportunity to follow that advice.

Russ, NCNE

SmallTownCoins · July 17, 2003 4:32AM

Good catch nwcs.... I just presumed it was an Indian cent he was asking about....
If it's a $20 Liberty Gold, it would surely make a differance...

jdimmick · July 17, 2003 8:35AM

I just assumed he was talking about an Indian, since he collects cents?

pow012000 · July 17, 2003 9:01AM

Sorry its a 1877 Indian Head Cent PCGS AU55

cherrypickincoin · July 17, 2003 9:47AM

You could probably get one for around $2,200/$2,300. Indian cents in this high grade are snatched rather quickly though so grab it. I saw an AU58 PCGS example sell about a month ago on eBay for $2900.

pow012000 · July 17, 2003 1:52PM

1877 Indian head cent

dorkkarl · July 17, 2003 9:24PM

<< <i><< best advice: do not buy sight-unseen >> Excellent advice, Karl. Good thing there's a dealer on every corner and a show every week in every town in the country so that one always has the opportunity to follow that advice. >>

note that as i've stated before, "sight-unseen" includes buying w/ a full-return privilege, ie. you get to see the coin IN-HAND before committing to it.

K S

dorkkarl · July 17, 2003 9:25PM

btw, imo, a 1877 indian head that is a bonafide au-55 should be valued much closer to au-50 then ms-60. don't let some wiseacre dealer try to stick you w/ a price very close to unc.

K S

Lakesammman · July 17, 2003 11:37PM

An AU 55 should be priced higher than a MS 60 - the 60's are really ugly MS coins!

jdimmick · July 18, 2003 5:33AM

I agree with lakes on this, Nice PCGS Au-55 and 58 1877's bring much stronger prices than Ms-60 coins, They are far nicer in eye-appeal in most cases. You are not going to find a nice PCGS-55 for close to AU sheet, if so the seller is sleepin at the wheel.

The PCGS-58 that sold recently on e-bay for 2900.00 was bought by Jay parrino who in turned had it listed in his catalog at 3500 or so and sold it.

pow012000 · July 18, 2003 11:25AM

Thank you all for the comments looks like me buying it for $1975.00 is a good deal......thank you again David

pow012000 · July 19, 2003 8:19AM

Please does any one have any comments on the price of a 1877 IHC PCGS AU-55 and do you think the AU and MS price will go up like the F-XF prices did this last 5 months...Thank you David

shylock · July 19, 2003 8:50AM

I think there will always be collectors actively seeking nice AU 1877's no matter how strong the market is, and prices will remain as strong for these as any in the series. It's the cutoff point for most collector's pocketbooks, and as Lakes mentioned can be so much nicer looking than low MS examples.

jdimmick · July 19, 2003 2:14PM

I am not sure what pricing guide your referring too, but Ill use the cdn for my comments.

The prices on the 1877 sat stagnant for quite a long time until just recently. Prior to the price correction, 1877's in most grades were trading for levels close to the next grade up price levels or more. Nice Fines selling for vf money, vf's selling easily for xf sheet money, xf coins selling easily for au sheet money. This of course was for nice eye-appealing correctly graded coins (slabbed by PCGS, NGC, and few other's). I have kept a close tab on 77 pricing in higher circulated grades compared to sheet levels and have noticed that sheet levels have adjusted closer to actual prices realized in grades VG thru Vf and possibly XF-40's. However, Nice Xf-45, AU's and especially higher end AU's are still bringing strong levels way above sheet, and IMO, there will be some additional price adjustment upwards for Au thru Ms-63. Maybe slow and little advances at a time though!! (Above Ms-63, I dont follow enough to comment)

There are still some dogs (even PCGS) and not so nice 77's that are for sale on any given day that dont bring the stronger money, that figures into the pricing structure and limits stronger advancement of price in those grades.

pow012000 · July 23, 2003 1:37PM

any one else have any comments on a nice AU55 1877 IHC

Cam40 · July 23, 2003 8:57PM

any one else have any comments on a nice AU55 1877 IHC

only to say that I would absolutely love to own one in that grade but am probably
not willing to fork over the kind of $$$ one would cost at the `collector grade`
Heck $400 for an AG3 even sounds crazy but I dont know. Maybe in the foreseeable
future $400 for an AG3 `77 IHC might sound like a real bargain.

IndianHeadMan · July 23, 2003 11:15PM

buy the coin, return it if you don't like it. Not much risk there. These coins just don't bite you every day.

1877 Indian Head Cent PCGS AU55..What ya all think its worth.. thank you

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