Indian Copper-Nickel Cent 1859 - 1864

Thanks for that link John1 . I need to put these under the scope and see if I have any of these.

Yeah for some reason or another 1862 was the hardest date to fill for my criteria. Maybe it was timing or something , but the items in the price range that I was shopping either had serious issues or were priced 30 percent higher than I expected. If I look a couple of weeks from now it will probably be different.

And I'm glad I'm not shopping for the 1864 L , those prices are all over the place. It's interesting how the design went back to Pointed .

FYI, ALL IHC's from 1865 to 1909 have the "L". What makes the bronze 1864 "L" rare is that the design changed later in 1864 to include the "L", which the designer Longacre added. While we don't know exactly when in 1864 the design changed, or how many of each were made, the earlier 1864 bronze "NO L" version is found in much greater supply, making the "L" version of the 1864 bronze rarer and more expensive!

Here's mine. Rick Snow says this RB coin, which I bought in a Stacks auction, is 90% red.


Steve

That 1864 coin is fantastic ( not sure how to quote on here yet ) . Thanks for the other replies !!!

I have owned the Copper - Nickel set as a kid and I have it back now. The rest of the series is Great but for me it was the 59-64 " heavy metal " series that I enjoyed. And I won another 1862 penny in an auction that I had forgotten about ( smh ). My wife lost one today ( 1862 ) by 1 dollar ( thank goodness ). Moving on to Buffalo nickels or something less " volatile " .

The last time I bought this stuff was in the early 1980's , dumb 10 year old and a grouchy old man coin shop owner. He sold me a Red Book and explained his pricing and grading. He explained selling and buying in relation to the Red Book and that's how we conducted business ( and thinking back he was very good to me ). Neither of us ever imagined ebay or anything even close. I could ask to see something that he didn't have but he would usually have it the next week . I still use 50 percent of book value to purchase anything and expect a loss if selling until the book value changes.

While we're on the subject of this mini-series, I'll raise you and add one more onto the end of the list to hunt for. This one may very well "contain gold" in OP's words!

This isn't true for everything , I recently purchased a proof 2012 dollar coin that was well above the PCGS guide. But in general its about right. 1861 Indian cent in 35 condition is listed at 80 dollars. I'm sure there are plenty available for 40-50 usually , at least thats what I found.

This was listed as 1860 and no type mentioned . For what I paid it's a nice piece.

Nice score
From one HVAC guy to another