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1863 Bronze Indian Head Cent

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 Posted 08/26/2012  7:20 pm  Show Profile   Bookmark this reply Add beaglebailey to your friends list
I always find it difficult to grade slabbed coins from pictures but if all the marks are on the slab I would say that it is at least a 64, and if the picture is a true representation of color I would guess RB. That is a nice IHC.
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 Posted 08/26/2012  7:40 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Phenomenal I'm not expert on IHC but I would say MS-64. Color looks very close to RD but I'll say RB out of an abundance of caution
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 Posted 08/26/2012  9:40 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list
robbudo, thanks for sharing! Fantastic coin!

After looking at what has passed through Heritage, I would give it a PR65. It may qualify as a RD; I think it can really only be determined in hand. I'm not sure what percentage Red it needs to be to qualify as such. May find the answer poking around Rick's site.

It might be the lighting, but the color doesn't seem quite right (yes I know it is bronze). Was it conserved?
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 Posted 08/27/2012  09:59 am  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list
PCGS: PR62 Brown. It is in an Old Green Holder. I can't imagine it couldn't get RB today. I can't submit to PCGS or I would resubmit it. What does someone in my shoes do?
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 Posted 08/27/2012  10:15 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list
I believe that the CuNi Indian cents would not receive a Red or RedBrown designation, but you stated that it was a pattern in Bronze, can Bronze cents receive RD or RB designations?
Edited by oih82w8
08/27/2012 10:16 am
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 Posted 08/27/2012  10:55 am  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list
Yes, Bronze Indian cents from 1864-1909 get a Brown, Red-Brown, or Red designation.
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 Posted 08/27/2012  3:18 pm  Show Profile   Bookmark this reply Add eddiespin to your friends list

Quote:
PCGS: PR62 Brown. It is in an Old Green Holder. I can't imagine it couldn't get RB today. I can't submit to PCGS or I would resubmit it. What does someone in my shoes do?

I'd just sit pretty on it. Those holders, themselves, go for premiums. Everybody is going to know that coin grades better than PR62BN in today's liberal market, once they see it in that conservative "doily" holder.
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 Posted 08/27/2012  5:00 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list
I would still guess the premium associated with the PR62Brown Old Green Holder isn't more than a PR65RB.
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 Posted 08/27/2012  6:28 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list

Quote:
I can't submit to PCGS or I would resubmit it.

I am not sure I quite understand why you cannot resubmit it. It looks better than PR-62 BN. I was going to make a guess of PR-64 RB but I do find proofs to be much more challenging to grade from pictures because hairlines sometimes only show up at specific lighting angles.
Edited by D0ubl3Eagle
08/27/2012 6:28 pm
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 Posted 08/27/2012  7:32 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list
i just meant that I'm not a member and don't have the privilege to submit to them.
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 Posted 08/27/2012  8:10 pm  Show Profile   Bookmark this reply Add beaglebailey to your friends list
Robbudo, Do you see a reason that doesn't show up in the pictures that this coin would only grade 62?
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 Posted 08/28/2012  08:24 am  Show Profile   Bookmark this reply Add eddiespin to your friends list

Quote:
I would still guess the premium associated with the PR62Brown Old Green Holder isn't more than a PR65RB.
All I know is that was back in the day when they didn't hire salespeople to grade our coins for a market that didn't know how to grade but people who actually knew something about grading for a market that still remembered how to grade.
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 Posted 08/28/2012  09:37 am  Show Profile   Bookmark this reply Add Drsandman2 to your friends list
robbudo,

I would recommend sending this coin to Rick Snow. For just $4 he will grade it and give you the skinny on the color. A very nice coin, it is more than worth it to have Rick check it out. Getting it photosealed may be a good idea on this coin too, and can help fetch a premium.

I can assure you, that coin is not BN. In today's grading environment, I would expect more like a PR65RB. Big difference, but color seems a bit odd (might be the light). Old holders are a sign that IHCs may not be properly graded.

Are you a Fly-in Club member?

Russ
Edited by Drsandman2
08/28/2012 09:41 am
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 Posted 08/28/2012  12:28 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list
robbudo,

What is going on with the end of the ribbon? It looks doubled, or like it has the base of a 1 punched there, like the 1888 Snow-27.
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 Posted 09/03/2013  09:10 am  Show Profile   Bookmark this reply Add Phuqit to your friends list
I'll chime in at MS65 RB, because from the photos I don't see any clues as to why this IHC got a PF...no shine at all in the fields and no matte finish as seen on other IHC proofs, so I'll go out on a large limb and hand you a chainsaw--it's a Pattern/Test coin--much more unique and rare than a proof!

It's unfortunate that you can't weigh the coin, although PCGS might be able to give you the exact weight in grains of the OGH for small cents and you can then do the simple subtraction from total weight. I have an 1863 bronze IHC that is clearly one of the bronze Pattern or Test coins mentioned in Rick Snow's 1st Edition in 1992 (with an R8 rarity of 1-3 pieces), as it's a very THICK planchet and it weighs in @ 74.2 grains. It's visibly thicker than any 1859-1863 Cu-Ni, yet the bronze alloy has a lighter tone (more white/yellow) than the later bronzes of 1864 onward, and is CLEARLY more red than a Cu-Ni. I've seen descriptions of patterns in 1863 struck in Aluminum, Brass, and another blend of bronze alloy--one different than the final alloy mix of 95%Cu;3%Sn;2%Zn. This appears to be one of them.

It's off to Rick this month for attribution--because it has additional traits worthy of note: a hub rotated DDR (CW 2-3 degrees,) an offset hub DDO (to the NE approx .5mm,) and a RPD to the west (1863/8) that's visible inside the lower loop of the "8" on the left, as well as a slight amount in the upper loop--not a currently named Snow variety of the RPD in an 1863. I can't stop looking at it! I plan on posting the results of Rick's review in addition to photos after it returns from Arizona.
Edited by Phuqit
09/03/2013 2:54 pm
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