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Replies: 18 / Views: 2,743 |
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Pillar of the Community
United States
5854 Posts |
Maybe dirt or grime since that area is noticeably lighter.
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Bedrock of the Community
United States
11951 Posts |
My first impression .. that is was hung from something like a charm bracelet. And that what ever held it to the bracelet, was clipped or pressed on at that location.
Of course that is just a guess on my part.
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Pillar of the Community
United States
5825 Posts |
I'm hardnosed about such coins. If an 1877 isn't slabbed I just ignore it. Not even going to spend time trying to guess what its problem is.
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Bedrock of the Community
United States
17884 Posts |
Looks like some crud on the coin.
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Pillar of the Community
United States
3253 Posts |
We can all go back to our normal lives; Conder has cracked the case!
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Bedrock of the Community
United States
20753 Posts |
Just could not imagine purchasing anything like that.
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Pillar of the Community
United States
1536 Posts |
Yes, with all the counterfeits out there I wouldn't take a chance on an 1877 that wasn't slabbed unless it was mixed in with other coins in a lot and nobody noticed it and got it really cheap.
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Moderator
  United States
16679 Posts |
Yeah, I think it's crud after looking again.
swcoin.ecrater.com
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Pillar of the Community
United States
8137 Posts |
I would not buy an 1877 if it was not slabbed. I would not buy it
Edited by CoinCollector2012 10/06/2013 5:18 pm
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Pillar of the Community
United States
3343 Posts |
It seems like a lot of money for a cruddy penny.
Buy a gold coin instead.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Bedrock of the Community
United States
11951 Posts |
I am still going with, this coin was hanging from some sort of jewelry. I can see where there is a different color at the same location at the obverse and reverse. The crud at the edge/rim, was where dirt/sweat/grim got under, what ever was holding this coin to the jewelry piece. Or some metal to metal had some reaction, and started eating into the coin. Then there could have been some teeth on the clip that held the coin, and dug into the coin a little. Here is my crude example.   
Edited by GR58 10/06/2013 9:45 pm
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Pillar of the Community
United States
3253 Posts |
Gotta say, though, if you're going to display a coin as jewelry, why hang it from that point on the edge?
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Bedrock of the Community
United States
11951 Posts |
I understand the position is not the ideal place to hang a coin.
I have seen bracelets that have 20 to 25 coins hanging from them all connected in different positions.
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Pillar of the Community
United States
3283 Posts |
It seems like I've seen that coin for sale over and over again on ebay. (It's been quite a while since I bought mine) I always thought it was some nasty pitting corrosion but I'll go with crud
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Pillar of the Community
United States
3755 Posts |
That looks like through and through corrosion to me. It is at the just breaking through stage on the reverse. Thats my take on it.
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