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Replies: 14 / Views: 1,482 |
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Valued Member
United States
122 Posts |
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Valued Member
 United States
122 Posts |
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Valued Member
 United States
122 Posts |
 oops half asleep when I posted, so here I go. please grade this 1873 closed 3 Indian head. I just received it in the mail yesterday.
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Pillar of the Community
United States
716 Posts |
VF-30 lower hair curl connected to ribbon, not much diamond detail
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Pillar of the Community
United States
2757 Posts |
I don't like the surfaces of the obverse.
And i'll be the first to point out the broken hub on the D in UNITED. Collectors of higher grade indians prefer the D to be intact, but there are allegedly some people who look for the broken D's on a bunch of these earlier dates, although I haven't actually found someone who seeks these out yet.
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Bedrock of the Community
United States
10045 Posts |
 VF30 Color/surfaces are a little questionable, but it's hard to say for sure from pics.
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Valued Member
 United States
122 Posts |
Ok now I have to take it to a dealer and see what he says
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Pillar of the Community
United States
2757 Posts |
Please let us know what the dealer says about it.
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Valued Member
 United States
122 Posts |
Thanks for your input ,I just want you to know that I am in the learning stage and will continue to educate myself from this website, books and visiting coin dealers. I thought I did good on this coin from the picture I was looking at when I was bidding on it. up until I posted it in this room and you guys started to point out flaws that I did not know nor see in the picture. I went today and visited a coin dealer that I have bought coins from the past and told him my story. He got a kick from hearing about you guys grading the coin but I didn't tell him what you guys said until after he got done telling me about his observation. Here is what he said. 1) the coin has been cleaned, 2) there is no solid diamond in the ribbon detail, 3) the D on united is not complete. However it's still a nice looking coin  1) about the cleaning he said that it looks like it happened about 30 years ago. it wasn't from any known chemical how it was cleaned but he has seen the method before. It was done by an eraser and it wasn't the eraser that wore out parts of the coin at all.( the coin dealer has been in business for over 30 plus years) 2)& 3) The reason there was no diamond on the ribbon and the D wasn't complete was because it was a weak strike.  He then brought out books and his nice looking Indian head collection, showed me key points "liberty" and "diamond on the ribbon. By the way he told me to tell you guys you did good for pointing these things out for just having a picture. after all said and done this is the final grade of the coin.It should have been a VF but he gave my coin a "F" grading only because of the cleaning. He said that is how he would sell it in his store and he is hard on Indian heads because they are his favorite. also, I should not bother getting this coin slabbed and a better one will come my way. I didn't lose too much money on this coin but gained a valuable lesson and still have at least a $60.00 coin. I'm so depressed I'm going back to the coin dealer and buying another coin. 
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Pillar of the Community
United States
716 Posts |
From what you posted, this dealer sounds like an honest person who you can trust. I would stick with him. You may learn a lot from him as well as from people on this forum. I wish I had a trusted dealer close by. Unfortunately living in a rural environment coin shops are few and far between. That is one reason why I rely on this forum for good advice. I have learned alot in the year I've been on this forum. Good luck in your future coin collecting.
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Pillar of the Community
United States
3283 Posts |
So did you get beat up very bad price wise?
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Pillar of the Community
United States
2757 Posts |
I agree with Beagle: you have a really good dealer. I wouldn't try my hometown dealer farther than I could throw him - and he is kind of a large fellow.
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Valued Member
 United States
122 Posts |
upstate I ended up buying the coin for $110.00. Having it a 1873 closed 3 was my interest of a good date Indian head. I never thought it was cleaned or saw flaws. I myself was putting the coin a very high VF which allowed me to have a bit more room to bid. I also considered the pricing of getting it slabbed and I factor that into my price. my highest for the coin itself was $115.00 then I had to walk away if it got higher.so all said and done the price of the coin $110.00 and having a final grade of a "F" the coin is now $60.00 with my loss of $50.00.
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Valued Member
 United States
122 Posts |
oh you bet Beaglebaily and Robbudo I will for sure keep going back to this dealer. I took my son (12 yr.) there two weeks ago and introduce him to the coin dealer were I bought him his first coin . a 1935-S Peace dollar and took a picture with him. 
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Pillar of the Community
United States
2757 Posts |
that is a heck of a first coin for your kid.
i'd say about half of those early 1870's Indians, at least those VF and below, have problems. the problem-free ones go for a premium, so they make the ones with problems look like even better deals.
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Replies: 14 / Views: 1,482 |
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