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Replies: 17 / Views: 1,150 |
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Bedrock of the Community
 United States
10601 Posts |
Looks to be a die crack on the reverse not a Cud. Remember 1859 - 1864 had 12% nickel added to the copper so a "RED" designation will be more "goldish" colored then true RED copper cents. Are these Indians graded or raw? This cent looks fine except more like an AU 58
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Bedrock of the Community
United States
94367 Posts |
Grade aside, it's not a very appealing example.
Edited by Coinfrog 06/14/2024 7:07 pm
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Bedrock of the Community
 United States
10601 Posts |
Quote: Grade aside, it's not a very appealing example. Agree, not an appealing example.
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Bedrock of the Community
United States
75329 Posts |
Might be a Pre-Cud. I agree with the AU grade.
Errers and Varietys.
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Bedrock of the Community
United States
10982 Posts |
Poor images. These pieces are designated by color. I wouldn't bid w/o better images.
Meant to write, "Not designated by color".
Edited by BH1964 06/15/2024 12:03 pm
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Pillar of the Community
 United States
1791 Posts |
Better pics are hard to come by with these auctioneers. Most likely it will go out of my affordability. But looking at a few others (some down in the fine-very fine realm). Here is another listed as "uncirculated R/B" and the wear is evident. Very ugly coin. 
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
 United States
1791 Posts |
You would think that auction houses that handle coins would do some verification as to legitimacy of what they are auctioning and if they were going to provide a grade for non-slabbed coins, it would be done by a professional. Instead, they put a disclaimer in that any grade for non-slabbed coins is the opinion of the auction house and not necessarily accurate. It's why I wouldn't even consider buying a higher dollar value coin from them, especially coins where fakes are rampant.
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Pillar of the Community
 United States
1791 Posts |
This auction just closed and the 1859 went for $501 and the 1866 for $182. I think that's just nuts.
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Valued Member
United States
450 Posts |
Agree with your assessment of the final price, that is crazy for the quality. TY Seeker.
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Pillar of the Community
United States
8521 Posts |
The 1859 is actually a very nice coin.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
2220 Posts |
I have some "red" Indian cents, and that 1859 sure ain't red! I would be wary of anyone who calls it that.
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Pillar of the Community
United States
1021 Posts |
No Copper nickel Indian Head cent will ever be called RED, ever. Or RedBrown, or brown! They are referred to as white cents because they never had a red look when freshly minted. The metal composition did not have characteristics of color designation.
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Pillar of the Community
United States
1021 Posts |
And I see the 1859 as a low MS, the price was in line with what I would have expected.
The 1866 however looks cleaned and the final price reflects that too. Neither seem outrageous for how I see them from these pics.
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Pillar of the Community
United States
2604 Posts |
Both coins went for prices way higher than I would expect.
The 1866 is no better than EF, and might be recolored or treated to make it look more reddish, to give the appearnance of an uncirculated coin. It is not AU or MS.
The 1859 has a lot of very nice details, and I'd grade AU58, but thisis not a $500 coin.
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