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1896 Indian Head Penny Questions

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Dollardime's Avatar
United States
17 Posts
 Posted 02/29/2012  11:18 am Show Profile   Bookmark this topic Add Dollardime to your friends list Get a Link to this Message Number of Subscribers
I found this 1896 Indian Head penny while roll searching. I am brand new to this game and have a couple of questions. What is the value of this penny? I saw on a website that it ranges between $3.30 and $20. Obviously it's not in un-circulated condition, so I'm guessing that it would fall in the lower side of that range. Which brings me to my next question: How would you grade it? My last question may be a dumb one, but should I clean it? I've heard that a vinegar, lemon juice, and salt cocktail will do wonders on an old penny but I don't want to inadvertently damage it. Thoughts?

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1896-Indian-Head-Penny-Questions

1896-Indian-Head-Penny-Questions
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unholyroller's Avatar
United States
1903 Posts
 Posted 02/29/2012  11:44 am  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Firstly....you are correct, your cent is worth the lower range of value. Second......FOR PETE'S SAKE DON'T CLEAN IT! You would make the coin of no interest to anyone. Right now it has an appealing patina to it. Leave it be :-)
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upstate's Avatar
United States
3283 Posts
 Posted 02/29/2012  11:45 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
It's a fairly common date IHC that can be obtained for about a dollar.
Grading is a learned skill of wear and nice pictures can be seen at pcgs.com/photograde of various grades.
Cleaning is almost always a bad idea and will make the coin more undesirable and worth less.
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mcshilling's Avatar
Canada
9158 Posts
 Posted 02/29/2012  11:47 am  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
We need to see closer pics to tell the grade and give you a value. Do not clean.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 02/29/2012  12:04 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Based on these pictures, I would probably place it in the VG range.
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Dollardime's Avatar
United States
17 Posts
 Posted 02/29/2012  12:07 pm  Show Profile   Bookmark this reply Add Dollardime to your friends list Get a Link to this Reply
I was thinking that cleaning it would be a bad idea. I don't know much about coins but I know about antique firearms. The worst thing you can do is clean or refinish an old gun. I figured the same would be true for coins. Here are larger pictures as per mcshilling's request:

1896-Indian-Head-Penny-Questions

1896-Indian-Head-Penny-Questions
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jbuck's Avatar
United States
188110 Posts
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DavidZerbato's Avatar
United States
1081 Posts
 Posted 02/29/2012  1:25 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
As for grade it looks to be about G4. With better pics it may be G6.
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52Raymo's Avatar
United States
8516 Posts
 Posted 02/29/2012  1:48 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
(052) Not Allowed - Auto-Removed .com/how_to_grade_indian_cents.html
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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jeffrose's Avatar
United States
1432 Posts
 Posted 02/29/2012  2:14 pm  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply

Quote:
I've heard that a vinegar, lemon juice, and salt cocktail will do wonders on an old penny.

Dollar dime . . lucky find. That cocktail will do wonders. You'll wonder why whatever value it did have is no longer there.
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Dollardime's Avatar
United States
17 Posts
 Posted 03/01/2012  10:34 am  Show Profile   Bookmark this reply Add Dollardime to your friends list Get a Link to this Reply
I just noticed this topic got moved from Modern US coins to Classic US coins. I should have seen that it was listed under the Classic category. At what point does a coin become a classic coin?
Edited by Dollardime
03/01/2012 10:39 am
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 03/01/2012  11:25 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply

Quote:
At what point does a coin become a classic coin?

I don't know if there's broad agreement. I think 90+% of the forum would call Indian cents "classic" coins though.
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DVCollector's Avatar
United States
10045 Posts
 Posted 03/01/2012  12:06 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
with the G4--at least, possibly higher if letters in LIBERTY are visible.
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upstate's Avatar
United States
3283 Posts
 Posted 03/01/2012  1:30 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Classic and modern are defined by Mom and Dad (and moderators)
and listed under the headings
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biggfredd's Avatar
United States
9104 Posts
 Posted 03/01/2012  1:49 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
"Bigger pix" does not mean "blow up this pix". Take a new pix with more detail. Doesn't matter, it's good condition, regardless.
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Dollardime's Avatar
United States
17 Posts
 Posted 03/01/2012  2:04 pm  Show Profile   Bookmark this reply Add Dollardime to your friends list Get a Link to this Reply

Quote:
"Bigger pix" does not mean "blow up this pix". Take a new pix with more detail. Doesn't matter, it's good condition, regardless.


Those were new pictures. I'm using a scanner and it's obviously not cutting it. I'll have to figure out a better way for posting large pictures on here.
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