John Gideon Laidacker collection - amazing auction of raw Indian Head Cents!

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redraider
redraider Posts: 368 ✭✭✭✭✭
in U.S. Coin Forum

I completely missed this auction of Raw Indian Head Cents. A few batches of these are hitting the market in PCGS holders with incredibly high grades (MS66RD-MS67RD). Talk about some "fresh" coins to the market.

Some of these lots of RAW Indian Head Cents went for absolute MOON MONEY, but are turning up in PCGS MS67RD CAC holders. Can't imagine paying $17,000 for 2 1899 Indian Head Cents that are raw.

https://horstauction.hibid.com/catalog/732712/may-9-coin-auction

Anyone here snag any of these lots?

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  • lermish
    lermish Posts: 5,006 ✭✭✭✭✭
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    @OwenSeymour @rarity7

    chopmarkedtradedollars.com

  • safari_dude
    safari_dude Posts: 698 ✭✭✭✭✭
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    Yeah, quite some big discrepancies in bidding between lots of literally the same coins. Guess a few lots had something in them that most of us wouldn’t see…..

  • MFeld
    MFeld Posts: 17,135 ✭✭✭✭✭
    edited August 24, 2026 10:10AM
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    @safari_dude said:
    Yeah, quite some big discrepancies in bidding between lots of literally the same coins. Guess a few lots had something in them that most of us wouldn’t see…..

    As you no doubt know, just because some coins were of the same date doesn’t mean they were literally the same coins. The differing results confirm that bidders thought that some examples of the same date were very different coins (condition-wise).

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • safari_dude
    safari_dude Posts: 698 ✭✭✭✭✭
    edited August 24, 2026 10:21AM
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    @MFeld said:

    @safari_dude said:
    Yeah, quite some big discrepancies in bidding between lots of literally the same coins. Guess a few lots had something in them that most of us wouldn’t see…..

    As you no doubt know, just because some coins were of the same date doesn’t mean they were literally the same coins. The differing results confirm that bidders thought that some examples of the same date were very different coins (condition-wise).

    I wish I had that ability, but even after collecting for several decades I still can’t see what they do Mark. Just like Blay finding the only wheat cent that has ever graded an MS69. Just wonder how out of 10’s/100’s of millions of cents he found that SINGLE almost perfect specimen? And how so many of his collection were the top specimens and CAC’ed too!😉

  • redraider
    redraider Posts: 368 ✭✭✭✭✭
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    A quick look at these didn't yield any premium varieties that I could see. Just some really high grades that bidders were confident of getting. That takes some real grading skill and some guts to go that high on some common date IHCs. Amazing coins though!

  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
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    Definitely coins you would need to see in person!

    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • OwenSeymour
    OwenSeymour Posts: 32 ✭✭✭
    edited August 24, 2026 4:54PM
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    Also, here’s a write up about his incredibly fascinating life/coins
    https://nnpdev.wustl.edu/Library/Periodical/513396

    Head coin nerd @ Rarity7

  • redraider
    redraider Posts: 368 ✭✭✭✭✭
    edited August 24, 2026 5:43PM
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    @rarity7 said:

    @redraider said:
    Can't imagine paying $17,000 for 2 1899 Indian Head Cents that are raw.

    I can! 🤣🤣

    I love it! I snagged the J226 from you! Really rare to find a fresh pattern! The 1859 patterns are quite challenging minus the Judd-228.

    Edit: I just watched the video, nice commentary on the J-226. I found a J-300 in the wild a few years back that graded PF65. How exciting it is to find these!

  • tradedollarnut
    tradedollarnut Posts: 20,754 ✭✭✭✭✭
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    I still remember attending a FUN show with an original roll of IHC shown to me at a dealers table. So fresh - amazing luster. These cents remind me of that roll

    Early Dollar Set
  • Walkerguy21D
    Walkerguy21D Posts: 12,164 ✭✭✭✭✭
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    Very cool stuff, loved the video!

    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • WinLoseWin
    WinLoseWin Posts: 1,912 ✭✭✭✭✭
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    Is it known how the cents were found stored?

    I would think the full red is more likely to be preserved in a tight stack; roll or tube type of storage than an album or envelope format, but maybe it can survive those or other storage methods in the right conditions.

    "To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin

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