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1878 Indian Head Cent AU Please Grade You Vs NGC

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Pillar of the Community
United States
1479 Posts
 Posted 03/02/2020  11:08 am  Show Profile   Bookmark this reply Add luvmyCAM to your friends list
Thank you all. Information and opinions on this coin much appreciated. Journeyman collectors ie myself is, are, faced with $40-200.00 decisions frequently on Indian cents. Terrible queasy stomach after buying a bad coin is what I get. Now I get queasy stomach feeling before I buy the coin
Have picked up solid guidance here on Indians and Buffaloes so I give a hearty thank you to moderators and seasoned collectors who help other members. I don't know what it is about the 1878 Indians I love them, 8 examples and counting.
Yep no Diamonds worth worth mentioning but overall can't wait to see it inhand. Its getting cracked, acetone soak then an airtight. From there into the EF-AU bunch (with many vacancies) .
Bedrock of the Community
United States
36844 Posts
 Posted 03/02/2020  6:00 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
EF-45 at best, Always buy the coin and not the holder.
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Canada
857 Posts
 Posted 03/02/2020  6:39 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list

Let the coin speak for itself, don't buy just cause the grading wizards say it's a certain grade (not saying you did that obviously)

That said, you did say it was hard to find natural ones above F-15, and this is much better than F-15. And it looks quite original to me. Overall, not a bad buy if you ask me.


Quote:
.Its getting cracked, acetone soak then an airtight. From there into the EF-AU bunch (with many vacancies) .


Would love to see photo of how it looks after the acetone.
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8137 Posts
 Posted 03/02/2020  9:20 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list
I can't see this going any higher than XF-45. Regardless, it's still a choice coin. Another reason to buy the coin and not the holder.
Edited by CoinCollector2012
03/02/2020 9:28 pm
Pillar of the Community
United States
1479 Posts
 Posted 03/03/2020  2:10 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list
Yes, and frankly even though the coin is most likely over graded this one was purchased applying basic informed buyer fundementals. I freely admit my experience learning these fundamentals got ugly about 3× probably 5x. Those 5 problem/issues Indian cents caught deep enough down my craw and wallet to influence my purchase habits drastically. Have I got a peach to ashamedly post later, an 1870 shallow N that looks whizzed, soaked, scrubbed, and oiled in EF details. Its in my album as my reminder for patience.
Will post android pics of the 1878 before acetone soak and after soak this weekend. Should have it Thursday and would be nice if more diamonds and pearls show in hand than GC pics.
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1479 Posts
 Posted 03/05/2020  6:35 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list
Looks slightly better in hand, diamonds are so feint looks like a weak strike and were never very clear. No CAC sticker for this coin at AU53, decent coin but no cherry. Here is the android home pics.
1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC
1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC
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United States
9792 Posts
 Posted 03/06/2020  01:42 am  Show Profile   Bookmark this reply Add westcoin to your friends list
Not a bad deal at all, on a coin you said yourself, has taken a long time of searching, and not one has met your criteria, at the right price, until this one. Can't go wrong then. I'd go EF40+ a few too many ticks to hit a solid 45 but it's so close we are nitpicking and there really isn't much of a cost difference. Until a better comes along to upgrade, which as you have said could be years and years, you'll enjoy this coin as it's a deal for your set, and that's all that really matters in the long run.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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1959 Posts
 Posted 03/06/2020  11:24 am  Show Profile   Bookmark this reply Add jpbone to your friends list
I think it's a 45+ all day. I don't think this coin is fully struck up into the die. AU might not be out of line. 53 certainly is though.
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United States
7292 Posts
 Posted 03/06/2020  11:44 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list
Nice coin! Its not an AU, I would give it VF35/XF40. Its definitely been around and very faint around the ribbon. Could be soft strike, but even the Liberty is worn. This is a perfect example of an overgraded coin. Buy the coin not the slab.
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1479 Posts
 Posted 03/18/2020  6:52 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list
After acetone and fresh air. To show the wide difference in grading by NGC on Indian cents have added 2 other crackouts at around same grade an: 1879 AU Details (environmental) and an 1880 XF45 straight. The 1879 is very nice and think I paid 50% book its a details coin with a reserved spot in my album for sure. Lastly loaded a pic of a F12ish 1878 with a bump on the throat someone on the bay has an XF-45 listed as a "Goiter Neck variety" can't find anything on Snows site anyone hear of such a variety? Looks like a die chip to me?
1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC
1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC

1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC
1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC
1878-Indian-Head-Cent-AU-Please-Grade-You-Vs-NGC
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United States
4469 Posts
 Posted 03/18/2020  10:05 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list
What is the color of the coin? You have three photos of the same coin with different colors. In the GC and your photo with coin in holder, the coin looks original. In your last photo after the acetone bath the coin looks messed with.
Bedrock of the Community
United States
94367 Posts
 Posted 03/18/2020  10:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Completely brown coin with no diamonds, AU-53? Talk about grade inflation.
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10635 Posts
 Posted 03/18/2020  10:29 pm  Show Profile   Bookmark this reply Add merclover to your friends list
I got confused when one coin suddenly came three. Back to the first coin, no one mentioned it shows evidence of being cleaned.
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857 Posts
 Posted 03/18/2020  10:31 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list
Looks nice to me, not AU but choice, or at least better than average EF-45 imo. Color looks good as well, but I recommend using clear light bulbs for best results in coin photography, the yellow ones and white ones seem to make the coin look unnatural compared to in person viewing.l
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1479 Posts
 Posted 03/19/2020  10:03 am  Show Profile   Bookmark this reply Add luvmyCAM to your friends list
Coinfrog/NumisNorth agree on that for sure. Have looked at many NGC and PCGS semi-key Indian cents last 6 months and seeing F12's only showing L half a B and some Y and F15's graded VF20.
Looks like new grading standards for Indians are a little embarrassing even to a journeyman as myself. Not referring to 3 or 4 coins but over 20 I turned down graded XF40-45 that looked VF30ish to me. On 3 occasions I lost out on AU55-58 PCGS 1878 coins, all 3 went for full book or 15% over (they were older slabs).
I don't even try to figure this out I just accept it as fact now in buying considerations. Interestingly though looked at over 90 1868-78 raw examples at local coin show last Sunday and fewer than 30 were undamaged or uncleaned. Perhaps original examples are in fact scarce? Still seeing plenty AU+ common dates with luster at small shows for under $25.00 but that's another post.
Slider sorry about my pics. an android goes from muesuem quality to junk within minimal light/angle changes. Way behind most on picture skills.
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