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Need Help: 1860 Indian Head Cent

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New Member

United States
20 Posts
 Posted 12/02/2012  6:41 pm Show Profile   Bookmark this topic Add drstrange1988 to your friends list Get a Link to this Message Number of Subscribers
Hello, I'm new to coin collecting and following my grandfathers footsteps. I recently just made my first purchase. I was wondering how do you think I did current value wise.

Item: 1960 Indian Head cent
Cost: $8.94 (including shipping)

Details: I personaly would consider it fine to vf. Waiting for my magnififer to come in but don't believe it was cleaned. Date fully visable with no wear along with the letters and majority of it on front and back. Contains some debree on it because its old but since the letters/numbers is fully there and not much wear at all I think I did pretty good considering the cost?

Need-Help:-1860-Indian-Head-Cent

Need-Help:-1860-Indian-Head-Cent
Edited by drstrange1988
12/02/2012 6:47 pm
New Member
United States
20 Posts
 Posted 12/02/2012  6:56 pm  Show Profile   Bookmark this reply Add drstrange1988 to your friends list Get a Link to this Reply
Prob not fine or extra fine, but I do think I did a good purchase? What do you think?
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Windchild's Avatar
Canada
1411 Posts
 Posted 12/02/2012  7:03 pm  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
to CCF!

I'll leave everything for others..
New Member
United States
20 Posts
 Posted 12/02/2012  7:22 pm  Show Profile   Bookmark this reply Add drstrange1988 to your friends list Get a Link to this Reply
Why thank you Windchild.
New Member
United States
20 Posts
 Posted 12/02/2012  7:45 pm  Show Profile   Bookmark this reply Add drstrange1988 to your friends list Get a Link to this Reply
Anyone got any suggestions or comments about my purchase?
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robbudo's Avatar
United States
2757 Posts
 Posted 12/02/2012  10:35 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
it is corroded, but probably has Fine details.
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DVCollector's Avatar
United States
10045 Posts
 Posted 12/02/2012  11:40 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
For under $9....that's a good price!

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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 12/03/2012  05:27 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Hi, drstrange1988, yeah your coin has some corrosion on it but, It's not a bad price what you paid.

And.. Welcome to the Forum...

New Member
United States
20 Posts
 Posted 12/03/2012  06:58 am  Show Profile   Bookmark this reply Add drstrange1988 to your friends list Get a Link to this Reply
Thanks, thats a relief. So for the little bit of corrosion I should leave it as it is right for its numismatic value? One should never clean a coin even if it has slight corrosion? Cleaning is for realy bad coins and ancient coins?
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 12/03/2012  07:09 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply

Quote:
One should never clean a coin even if it has slight corrosion?


One should never clean a coin...period!
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jerseyben's Avatar
United States
1211 Posts
 Posted 12/03/2012  07:20 am  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
You can't clean the corrosion anyway.
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Conder101's Avatar
United States
17884 Posts
 Posted 12/03/2012  11:09 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
You can remove corrosion, but then you are left with pitting.
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mycrob's Avatar
United States
2602 Posts
 Posted 12/03/2012  12:14 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I think it is a solid F details with corrosion and the price is right.
New Member
United States
20 Posts
 Posted 12/03/2012  12:54 pm  Show Profile   Bookmark this reply Add drstrange1988 to your friends list Get a Link to this Reply
If I wanted to sell it now, think I could make a profit or should I just hold onto it?
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BH1964's Avatar
United States
10982 Posts
 Posted 12/03/2012  2:19 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply



Quote:
If I wanted to sell it now, think I could make a profit or should I just hold onto it?


It's difficult to buy a coin and turn around and sell it for a profit immediately. I would keep it and enjoy it.

Cu-Ni IHC are kind of nice to look at!
ANA #R3154474
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DVCollector's Avatar
United States
10045 Posts
 Posted 12/03/2012  3:17 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
It's difficult to buy a coin and turn around and sell it for a profit immediately.
Unless you want to take up the hobby of 'cherrypicking' IHC varieties, it's hard to otherwise turn around a nice profit. If you can locate an 1888/7 IHC, I guarantee you'll make a nice return in any condition!
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