1877 indian head cent

Bigbuck1975 · February 23, 2015 3:28AM

What say the experts on this coin. Way out of my price range but was curious to see thoughts.

http://m.ebay.com/itm/381165410302?nav=SEARCH

seanq · February 23, 2015 3:33AM

Linkified

I'm not an IHC guy but I know enough to look for the shallow N on the reverse, so it doesn't immediately jump out at me as counterfeit. Even if it is legit, the color seems off to me. Bottom line, there's usually a reason a big money coin like that isn't slabbed.

Sean Reynolds

Barndog · February 23, 2015 3:36AM

seller is a member here

crypto79 · February 23, 2015 3:54AM

Not a coin I would buy raw esp one that appeared so red. Anytime any seller starts spinning a story about the coin's history or (this owner did this or that) it makes me uneasy. Coins should stand on their own merits and past anything really doesn't matter save for a small handful of provenances.

johnny9434 · February 23, 2015 3:57AM

ill pass on that one.

AMRC · February 23, 2015 4:13AM

One HAS to ask, why this coin is not graded? Going by his description, this is not an unsophisticated seller. That is a great coin to slab either way.

lasvegasteddy · February 23, 2015 4:25AM

shane's a great guy...(the seller)
nothing fishy about that

i for one do not question his statements as he's an honest one "who just puts it out as it is"

grip · February 23, 2015 4:43AM

Don't care for the color.JMO

BillJones · February 23, 2015 4:46AM

The color does not look original to me, and I don't think that it is stable. I'd pass.

I might have liked this coin before it was processed.

Walkerguy21D · February 23, 2015 4:46AM

Between the color, the possible corrosion spot, and the planchet flaw, there could be several reasons why it's raw....or like the seller says, it may not
have ever been submitted. But it looks to be genuine, anyway.

crypto79 · February 23, 2015 5:02AM

<< Between the color, the possible corrosion spot, and the planchet flaw, there could be several reasons why it's raw....or like the seller says, it may not
have ever been submitted. But it looks to be genuine, anyway. >>

It is real with the 2nd 7 being lower and the shallow N and I agree with everything you said about the state of it although I doubt the "it may not have been submitted" part.

winky · February 23, 2015 5:42AM

Real, not likely or it would be thousands of dollars. I don't like it. Check coin facts.

BillJones · February 23, 2015 5:53AM

<< Real, not likely or it would be thousands of dollars. I don't like it. Check coin facts. >>

Let the others pay the "thousands of dollars." I've had too much experience with "naked copper" turning on you.

astrorat · February 23, 2015 6:01AM

<< Real, not likely or it would be thousands of dollars. I don't like it. Check coin facts. >>

Huh? It's an auction that started at 99 cents less than a day ago. Not everyone bids up to their maximum immediately. Give it a few more days and it will reach "thousands" if that's the market for these coins. The coin looks real, based on the images.

au58 · February 23, 2015 7:51AM

Looks OK.
If the weight is good, the coin is probably good (genuine).

SeattleSlammer · February 23, 2015 8:13AM

Very interesting coin to not have slabbed....which Shane/krypto touches upon in the description.
Shane/krypto is top-notch so just ask him directly if you're curious.

Eclectic · February 23, 2015 8:24AM

<< 

<< Real, not likely or it would be thousands of dollars. I don't like it. Check coin facts. >>

Huh? It's an auction that started at 99 cents less than a day ago. Not everyone bids up to their maximum immediately. Give it a few more days and it will reach "thousands" if that's the market for these coins. The coin looks real, based on the images. >>

Astrorat. This person really doesn't know much, if anything about coins. And if this person does know a bit about coins he/she plays stupid A LOT!

Don't give winky the time of day, it's not worth it. He/she continues to be a win(k)y 'negative nancy'.

The coin in question is real. There are still tons of valuable coins out there that aren't holdered. And there are at least a couple hundred 1877 IHC's in Unc, so this isn't all that unusual an auction!

EagleEye · February 23, 2015 8:28AM

It is genuine, but I think you buy this coin knowing that it is not original. Looks like a lot of luster, so it is a net MS60RB. It would be a great addition to a Dansco album. My guess is $5K.

DMWJR · February 23, 2015 8:56AM

I have one like this, but haven't known what to do with it.

BillJones · February 24, 2015 12:05AM

<< 

<< 

<< Real, not likely or it would be thousands of dollars. I don't like it. Check coin facts. >>

Huh? It's an auction that started at 99 cents less than a day ago. Not everyone bids up to their maximum immediately. Give it a few more days and it will reach "thousands" if that's the market for these coins. The coin looks real, based on the images. >>

Astrorat. This person really doesn't know much, if anything about coins. And if this person does know a bit about coins he/she plays stupid A LOT!

Don't give winky the time of day, it's not worth it. He/she continues to be a win(k)y 'negative nancy'.

The coin in question is real. There are still tons of valuable coins out there that aren't holdered. And there are at least a couple hundred 1877 IHC's in Unc, so this isn't all that unusual an auction! >>

Unless you know what you are doing, buying a coin like this raw is a dangerous practice. I've been a collector for over 50 years and was a dealer of ten. Unless I REALLY know and trust the seller, I would not get involved with this as a raw coin. There is too much of chance for the coin to be switched when the lot is sent you. And having seen some "virgin" Chinese counterfeit copper coins, having a piece that looks something like this is not out of the realm of possibility. I would strongly advice most collectors not to buy expensive, raw U.S. coins.

silverpop · February 24, 2015 12:08AM

i'd pass

lkeigwin · February 24, 2015 2:06AM

It's not original but appears genuine. It would fill an album hole but would never slab problem-free.

I stay away from pricey, flashy coins not in top-tier TPG holders.
Lance.

jdimmick · February 24, 2015 2:09AM

if you want a raw questionable color AU+ coin, then this is for you , if not then pass

jim

telephoto1 · February 24, 2015 2:24AM

Genuine no question IMO, but it's not original either in surfaces or color. Pass.

steveben · February 24, 2015 2:49AM

what is the deal at 7 o'clock on the obverse? is that a discoloration or a depression in the planchet? perhaps there was a corrosion spot here and that was removed, i don't know.

i don't think the coin is original because the color at the peripherals is darker than the center of the coin. however, i am not good when it comes to copper.

also, i notice doubling on the obverse lettering...is that common for 77's?

please correct/educate me on these points.

edited to add:

notice the dentils at 12 on the reverse and the bottom right of the shield. the strike is weak.

BillJones · February 24, 2015 2:57AM

That spot could be where a corrosion area was removed, or it might be a planchet lamination. On high grade piece it would be a concern, but not on this one given the other issues.

lkeigwin · February 24, 2015 3:13AM

<< what is the deal at 7 o'clock on the obverse? is that a discoloration or a depression in the planchet? perhaps there was a corrosion spot here and that was removed, i don't know.

i don't think the coin is original because the color at the peripherals is darker than the center of the coin. however, i am not good when it comes to copper.

also, i notice doubling on the obverse lettering...is that common for 77's?

please correct/educate me on these points.

edited to add:

notice the dentils at 12 on the reverse and the bottom right of the shield. the strike is weak. >>

Looks like a planchet flaw to me.

That's Longacre doubling. Very common on IHC's.
Lance.

1877 indian head cent

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