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1863 Bronze Indian Head Cent

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robbudo's Avatar
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 Posted 08/26/2012  6:48 pm Show Profile   Check robbudo's eBay Listings Bookmark this topic Add robbudo to your friends list Get a Link to this Message Number of Subscribers
I need help with the grading on this one!

First off, the title is not wrong. This is an 1863 Bronze Indian Head cent, a pattern coin designated as Judd-299. The coin has a medal alignment, and the degree of rotation is shown on the pic of the reverse.

This is a proof coin and I need help with not just the # grade, but also whether this makes Brown, Red-Brown, or Red (because it is a Bronze coin).

There are scuffs on the slab and I did the best I could with pics.

Thanks in advance!



1863-Bronze-Indian-Head-Cent

1863-Bronze-Indian-Head-Cent
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oih82w8's Avatar
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 Posted 08/26/2012  6:52 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I am absolutely no help on this other than it's a real beauty!
Edited by oih82w8
08/26/2012 6:53 pm
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beaglebailey's Avatar
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716 Posts
 Posted 08/26/2012  7:20 pm  Show Profile   Bookmark this reply Add beaglebailey to your friends list Get a Link to this Reply
I always find it difficult to grade slabbed coins from pictures but if all the marks are on the slab I would say that it is at least a 64, and if the picture is a true representation of color I would guess RB. That is a nice IHC.
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fenton's Avatar
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 Posted 08/26/2012  7:40 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Phenomenal I'm not expert on IHC but I would say MS-64. Color looks very close to RD but I'll say RB out of an abundance of caution
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Drsandman2's Avatar
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 Posted 08/26/2012  9:40 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
robbudo, thanks for sharing! Fantastic coin!

After looking at what has passed through Heritage, I would give it a PR65. It may qualify as a RD; I think it can really only be determined in hand. I'm not sure what percentage Red it needs to be to qualify as such. May find the answer poking around Rick's site.

It might be the lighting, but the color doesn't seem quite right (yes I know it is bronze). Was it conserved?
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robbudo's Avatar
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 Posted 08/27/2012  09:59 am  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
PCGS: PR62 Brown. It is in an Old Green Holder. I can't imagine it couldn't get RB today. I can't submit to PCGS or I would resubmit it. What does someone in my shoes do?
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oih82w8's Avatar
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 Posted 08/27/2012  10:15 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I believe that the CuNi Indian cents would not receive a Red or RedBrown designation, but you stated that it was a pattern in Bronze, can Bronze cents receive RD or RB designations?
Edited by oih82w8
08/27/2012 10:16 am
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robbudo's Avatar
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 Posted 08/27/2012  10:55 am  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
Yes, Bronze Indian cents from 1864-1909 get a Brown, Red-Brown, or Red designation.
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 Posted 08/27/2012  3:18 pm  Show Profile   Bookmark this reply Add eddiespin to your friends list Get a Link to this Reply

Quote:
PCGS: PR62 Brown. It is in an Old Green Holder. I can't imagine it couldn't get RB today. I can't submit to PCGS or I would resubmit it. What does someone in my shoes do?

I'd just sit pretty on it. Those holders, themselves, go for premiums. Everybody is going to know that coin grades better than PR62BN in today's liberal market, once they see it in that conservative "doily" holder.
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robbudo's Avatar
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 Posted 08/27/2012  5:00 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
I would still guess the premium associated with the PR62Brown Old Green Holder isn't more than a PR65RB.
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D0ubl3Eagle's Avatar
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 Posted 08/27/2012  6:28 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply

Quote:
I can't submit to PCGS or I would resubmit it.

I am not sure I quite understand why you cannot resubmit it. It looks better than PR-62 BN. I was going to make a guess of PR-64 RB but I do find proofs to be much more challenging to grade from pictures because hairlines sometimes only show up at specific lighting angles.
Edited by D0ubl3Eagle
08/27/2012 6:28 pm
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robbudo's Avatar
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 Posted 08/27/2012  7:32 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
i just meant that I'm not a member and don't have the privilege to submit to them.
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beaglebailey's Avatar
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 Posted 08/27/2012  8:10 pm  Show Profile   Bookmark this reply Add beaglebailey to your friends list Get a Link to this Reply
Robbudo, Do you see a reason that doesn't show up in the pictures that this coin would only grade 62?
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 Posted 08/28/2012  08:24 am  Show Profile   Bookmark this reply Add eddiespin to your friends list Get a Link to this Reply

Quote:
I would still guess the premium associated with the PR62Brown Old Green Holder isn't more than a PR65RB.
All I know is that was back in the day when they didn't hire salespeople to grade our coins for a market that didn't know how to grade but people who actually knew something about grading for a market that still remembered how to grade.
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Drsandman2's Avatar
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 Posted 08/28/2012  09:37 am  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
robbudo,

I would recommend sending this coin to Rick Snow. For just $4 he will grade it and give you the skinny on the color. A very nice coin, it is more than worth it to have Rick check it out. Getting it photosealed may be a good idea on this coin too, and can help fetch a premium.

I can assure you, that coin is not BN. In today's grading environment, I would expect more like a PR65RB. Big difference, but color seems a bit odd (might be the light). Old holders are a sign that IHCs may not be properly graded.

Are you a Fly-in Club member?

Russ
Edited by Drsandman2
08/28/2012 09:41 am
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 Posted 08/28/2012  12:28 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
robbudo,

What is going on with the end of the ribbon? It looks doubled, or like it has the base of a 1 punched there, like the 1888 Snow-27.
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