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1901 IHC. A Real Head Scratcher.

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 Posted 03/08/2016  8:19 pm  Show Profile   Bookmark this reply Add fenton to your friends list
I find 1950's wheat pennies with this look all the time in bins. I think the "hand oils" theory is probably correct so I'm inclined to say AU, ugly toning.
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146 Posts
 Posted 03/08/2016  8:25 pm  Show Profile   Bookmark this reply Add Dipper to your friends list

Quote:
Possibly plated at some point, and then the plating wore off the high points?


Actually, that was my first impression but the OP said the coin was "red" (gold color). Besides, you cannot wear off plating and still leave the high points so nice.
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146 Posts
 Posted 03/08/2016  8:27 pm  Show Profile   Bookmark this reply Add Dipper to your friends list
Take a photo in another light. Coin is a beauty except for ED (environmental damage: nice way of describing corrosion spots).
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 Posted 03/08/2016  9:16 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list
At best XF.
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 Posted 03/08/2016  10:08 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
An XF coin, by definition, should not have natural cartwheel luster.

Applying Occam's razor, we can deduce that either:
1 - The coin is not XF;
or
2 - The cartwheel luster is not natural.

Since we know #1 is false (the coin is XF), #2 is likely to be true, and is the simplest explanation.

In other words, the coin was retoned/recolored/otherwise chemically altered in such a way that a semblance of luster was preserved, and then re-circulated.

Whatever agent was used to achieve this effect was likely rubbed back off by circulation; however, the protected areas of the coin (legend, portrait recessed areas, inner wreath and shield lines) preserved the color alteration, because it was not susceptible to wear.

My opinion: this coin is an XF coin that was retoned or recolored and then put into circulation again. The unprotected areas of the design allowed the retoning/recolor to quickly fade or wear back off, resulting in the current appearance.
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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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United States
5854 Posts
 Posted 03/08/2016  11:11 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
Hmm...
My guess is the coin may have been lacquered when it was at least mostly red, then allowed to circulate which wore off the lacquer from the more exposed areas while leaving it intact in the protected areas.
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 Posted 03/09/2016  09:49 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
EF-40 details, plated
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 Posted 03/09/2016  6:37 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list
paralyse, your assessment must be the only solution to this head scratcher. it absolutely makes sense
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 Posted 03/09/2016  9:42 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
The plating theory is also pretty good in my opinion.
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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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 Posted 03/09/2016  9:57 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Details coin, not worth spending more time on. Outta here.
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 Posted 03/10/2016  12:28 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Would be interesting to dip this one - doubt it would hurt the value any.
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 Posted 03/10/2016  12:59 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
As I have said before, my first thought was that it was plated, but this coin exhibits cartwheel luster, so it cannot be plated. I know it sounds impossible, but it is exactly what I am seeing here. I will take better pictures of this coin next time I go home.
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 Posted 03/10/2016  1:01 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Paralyse, your theory sounds interesting. What agents are normally used to artificially create luster?
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 Posted 03/11/2016  10:46 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
To "fake" luster is to lightly plate a coin that has been very finely polished, using electroplating or TFMD / thin film metal deposition

The plating is thin enough to do a passable job of mimicking the cartwheel luster that occurs when dies wear down a bit, etching lines into the dies which are picked up as flow lines on the coin and reflect light.

True cartwheel luster is very difficult to fake because you can get close using above method but it will not hold up beyond a brief inspection.

It's entirely possible the coin really does have some unusual wear pattern which left that level of mint luster intact. Stranger things have happened.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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 Posted 03/21/2016  11:29 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Showed this to Bill Fivaz. You guys were right yet again. I need to learn about altered coppers.
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