1897 IHC "1" in neck

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jesbroken
jesbroken Posts: 11,252 ✭✭✭✭✭
in U.S. Coin Forum
I have been a collector of IHC's for years, but never the varieties to much extent.
Are these coins much of a premium in lower grades, as this 1897 1 in neck coin?
Thanks,
Jim

image

When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain

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  • lordmarcovan
    lordmarcovan Posts: 45,335 ✭✭✭✭✭
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    Like you, I've never collected the varieties.

    Dunno how much premium if any the "1 in neck" variety carries, but it's definitely a neat one.

    Collector since 1976. On the CU forums here since 2001.

  • oih82w8
    oih82w8 Posts: 13,206 ✭✭✭✭✭
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    Looks like 1897 1C MPD FS-401 S-1 (011.5)

    1897 1C MPD FS-401 S-1 (1 in Neck)

    If it receives a straight grade, it has a PCGS Trends Value of $50+, actual value will vary based upon demand.

    Rick Snow (Eagle Eye) or Charmy Harker (The Penny Lady) may chime in.

    Nice observation!
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • 291fifth
    291fifth Posts: 25,218 ✭✭✭✭✭
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    I have always considered such varieties as "interesting but nothing I'd pay a premium for." However, if I managed to find one and paid no premium to get it, I would want to try and sell it for a premium. Is there any demand? Good question.
    All glory is fleeting.
  • jesbroken
    jesbroken Posts: 11,252 ✭✭✭✭✭
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    Thanks oih82w8,
    I didn't know the variety plus existed. I knew that it was an fs-401 but
    I knew the coin value prohibited grading and attribution, but wondered
    if the value of such a variety made it worth watching for? It seems that
    unless a coin is mid MS, no one is very interested in posts on this board
    any longer. I understand that mid ms coins are prettier but this kind of
    prohibits a beginner's desire to post here, and that is a shame. Thanks for
    your replies.
    Jim

    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • Tookybandit
    Tookybandit Posts: 3,424 ✭✭✭✭
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    Cool find! I actually bought a couple of these from the Penny Lady at the FUN show. Two different dates, one was higher grade in a PC holder and the other lower grade in a 2x2.

    I think you have a good candidate for eBay. Try starting it at $49.95 and see what happens.
  • oih82w8
    oih82w8 Posts: 13,206 ✭✭✭✭✭
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    NGC has Variety Plus and PCGS has CoinFacts. VarietyPlus is always free, albeit not as in-depth as CoinFacts can be. I tried posting the CoinFacts hyperlink page, but it required signing in to view it.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
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    Finding varieties for a non-variety price is a lot of fun. Congrats!
    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Although I would not pay a premium for it, I do look for varieties and keep them when I find them. Cheers, RickO
  • ThePennyLady
    ThePennyLady Posts: 4,527 ✭✭✭✭✭
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    This S-1 is a popular variety, and does command a premium, even in lower grades. Rick's Attribution Guide gives this variety a 5 star rating, meaning it's worth about a 10x premium.
    Charmy Harker
    The Penny Lady®
    https://thepennylady.com/
  • jesbroken
    jesbroken Posts: 11,252 ✭✭✭✭✭
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    Thanks Charmy, I have his new book and his F.E. and Indian pricing guide(which does not list below VF)
    I new that he had labeled it a 5 star, but did not know that was 10 times average value.
    Jim

    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • ThePennyLady
    ThePennyLady Posts: 4,527 ✭✭✭✭✭
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    At the very beginning of the Attribution Guide he outlines his star system so you can get a rough idea of the value of each of the varieties.
    Charmy Harker
    The Penny Lady®
    https://thepennylady.com/
  • Tookybandit
    Tookybandit Posts: 3,424 ✭✭✭✭
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    I need that book! I may just have to pick it up next week in Chicago! image
  • thebeav
    thebeav Posts: 4,116 ✭✭✭✭✭
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    I've looked for one of these for years........Not that I collect, but just from a profit motive......
    My Ebay Coin Store

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