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1858 Indian Cent? Help!!

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rum_n_cola's Avatar
United States
175 Posts
 Posted 09/01/2012  4:43 pm Show Profile   Bookmark this topic Add rum_n_cola to your friends list Get a Link to this Message Number of Subscribers
This is a coin that I have inherited and I cannot find information on this coin anywhere. All the coin books start at 1859. Is this some sort of fake or coin made for collectors, or ? Where can I find info on this coin? If it is real, what is the value? Will PCGS or NGC grade this? Any and all info, including what grade you would give it, if it is a proof, etc would be very helpful. Thank you all in advance. This one has me scratching my head!

1858-Indian-Cent?-Help!!

1858-Indian-Cent?-Help!!
Edited by rum_n_cola
09/01/2012 4:44 pm
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muddler's Avatar
United States
7193 Posts
 Posted 09/01/2012  5:00 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
There are pattern 1858 Indian Head cents that are very rare. I saw one here but it shows a different reverse than the one you have.

http://www.apmex.com/Product/71442/...212_R_4.aspx

More research and I found another sight showing a coin similar to yours. Our system would not allow a link, search 1858 pattern coins for some information.

Edited by muddler
09/01/2012 5:17 pm
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philadelphian's Avatar
United States
3253 Posts
 Posted 09/01/2012  5:01 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
I think the Mint released some proof patterns in 1858, with that date.
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Drsandman2's Avatar
United States
1374 Posts
 Posted 09/01/2012  5:45 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
I would venture to say that this is the 1858 PT28, J-208a, P-259, Breen-1940. Die pair 2.

This is the most popular pattern of the series, with around 300 pieces struck. An initial pressing of 75 coins were done in proof. Minted again later, the remainder of the coins were MS.

This makes a lot of sense, as this coin looks more like an MS example rather than proof. But that could be the lighting or camera. I highly recommend that this coin be sent to Rick Snow for attribution (only $4). Check out his site at indiancent.com and call his shop. He will send it into PCGS or NGC for you. It really must be slabbed and correctly attributed.

Furthermore, it could even be a new die pairing. A new die combination was found as recently as 2005. It was picked from ebay.

Thanks for sharing; you have a piece of history.

Cheers.
Edited by Drsandman2
09/01/2012 5:49 pm
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robbudo's Avatar
United States
2757 Posts
 Posted 09/01/2012  5:57 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
The date on this looks weird - why do the two 8's look different than each other? I'll have to compare it to mine, but is in the safe deposit box.

Checked out a legitimate picture of J208, and the two 8's are not only different, but they match the coin in this post.


So, Yes, you have submit it to PCGS, NGC, or ANACS.
Edited by robbudo
09/01/2012 6:01 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/01/2012  6:12 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
You have shown us some wonderful coins, rum_n_cola. Your grandfather was a *very* discerning collector.
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Drsandman2's Avatar
United States
1374 Posts
 Posted 09/01/2012  6:12 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
I recommend submitting it to Rick Snow first, in a plastic flip. He will correctly attribute the coin, properly grade it, and he is the only one that can verify if it is indeed a new die pair. If you don't have the correct attribution on the TPG submission form, then they most likely won't attribute it at all.
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/01/2012  6:24 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I would have to agree. Impressive coin to say the least.
This needs to be TPG'd preferably, PCGS.
swcoin.ecrater.com
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Drsandman2's Avatar
United States
1374 Posts
 Posted 09/01/2012  9:38 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
Oh, so you already put it on ebay...

I think it would only be fair to let this CoinCommunity know it is for sale.

http://www.ebay.com/itm/1858-indian...em35bf754f85
Edited by Drsandman2
09/01/2012 9:45 pm
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nickelsearcher's Avatar
United States
15450 Posts
 Posted 09/01/2012  9:59 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply

Quote:
I think it would only be fair to let this CoinCommunity know it is for sale.


Indeed ...

Appears we have another unfortunate example of a new member who is here to gain just enough information to profit from the CCF family knowledge while flipping coins on the Bay.

I note that the 'no returns' auction makes reference to the specific variety mentioned above ... and at this point none of us are certain the coin is genuine.

E-Pray buyers beware ... and CCF members beware that we have in our midst a new member who does such things.

Bad form indeed IMHO from rum_n_cola.

David
Take a look at my other hobby ... http://www.jk-dk.art
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 09/01/2012  11:15 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
It doesn't look good when someone new to this forum request information on what can be a rare pattern, then ignore the best advice given and list it raw on ebay with tidbits of information...
If you would have followed the recommendations above, and contacted Rick Snow, along with PCGS Certification if Rick believes the coin is genuine, you would have not only earned the respect from those helping you, you would also receive more then selling it raw on ebay...
Don't get upset if in the future you request information on another rare coin in this forum and don't find comments other then "nice coin", "cool" and "WOW, that's sweet"...
IMHO
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 09/01/2012  11:16 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
Does anyone happen to know if there are any genuine examples that have a reverse like the one shown in the OP's coin?
To me, the details look a bit weak and rounded. It doesn't look quite as crisp as I would have expected but I am not that familiar with patterns and don't know if it is not unusual to see a reverse that kind of look especially on this pattern.
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rum_n_cola's Avatar
United States
175 Posts
 Posted 09/01/2012  11:22 pm  Show Profile   Bookmark this reply Add rum_n_cola to your friends list Get a Link to this Reply
Thank you all for the information. I have not submitted any coins on ebay. That is not my coin. I have not decided to sell any of my coins at this time as I want to have them graded. I do not think it is fair that you have wrongfully outed me. My ebay seller ID is Rum_N_Cola. I have sold some of my grandfathers coins that were in worse condition. I also sold some of my personal coins that I have collected since I was a kid. I have also purchased some coins for my nephew that collects coins. Again, the coin that you found for auction is not my coin. I will be sending this 1858 Indian penny in to have it graded so it can be correctly attributed as other members have suggested. This 1858 Indian penny being listed recently is a mere coincidence as I have been on ebay for many years and hold an account sharing the same user ID as I do on here. I am not an advanced collector and my grandfather has thousands of coins for me to go through, many I am not familiar with. I personally collect Morgan dollars.
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rum_n_cola's Avatar
United States
175 Posts
 Posted 09/01/2012  11:27 pm  Show Profile   Bookmark this reply Add rum_n_cola to your friends list Get a Link to this Reply
After closer inspection it does appear this is the same coin as mine. My father had sent out some photos to some people awhile back to see what information that he could find on it though did not have much luck. I think someone is trying to scam using a photo of my coin. I will email this ebay member and inquire further and will speak with my father. This upsets me.
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614 Posts
 Posted 09/01/2012  11:30 pm  Show Profile   Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
I'm glad the auction turned out to be someone else's. I hope this matter between you and that seller gets settled. Anyway, great coin!
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rum_n_cola's Avatar
United States
175 Posts
 Posted 09/01/2012  11:54 pm  Show Profile   Bookmark this reply Add rum_n_cola to your friends list Get a Link to this Reply
An email has been sent to the seller to see what is going on. I have posted many coins which you will see have not been listed by this seller or anywhere else on ebay. The reason is because I would like to have these graded before I even considered selling. I most certainly would not sell something this rare on ebay, I would use a larger venue like Stacks or another high-end firm. I have compared the two coins over and over and there are marks and spots that mach up exactly with the one listed on ebay. I do not find it probable that both coins would have the same marks caused by the strike, though could be wrong as I know nothing about an 1858 Indian penny. I sold an 1877 Indian that had fire damage or something, it was in terrible condition, though that is as far as my Indian selling has gone on ebay. I will get to the bottom of this as it is perplexing to say the least.
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