1902 Indian Head - Coin Community Forum

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Author	Replies: 15 / Views: 1,843
6thCents New Member United States 22 Posts	Posted 08/31/2014 11:59 am Hello everyone, this is my second post and I'm new to the indian head pennies but I started my hunting and found this coin in addition to a few rolls and lots of semi key dates to start the collection. This 1902 I bought purely on the look before doing any real research on the IHP I may have overpaid at $54 but I just loved it's look. I collected coins as a kid and I know what I like to see in a coin. This one is striking to look at, it was sold as BU, I bought it and I would like your opinions on what it would grade. Thanks Report this Post to the Staff

IndianGoldEagle Bedrock of the Community United States 36901 Posts	Posted 08/31/2014 6:17 pm AU details, cleaned Report this Post to the Staff
DavidZerbato Pillar of the Community United States 1081 Posts	Posted 08/31/2014 6:45 pm Could be MS, but looks cleaned to me too with some possible damages. Looks almost like solder on the obverse that was removed. Report this Post to the Staff
SHAFTA9a Bedrock of the Community Canada 10743 Posts	Posted 08/31/2014 6:52 pm Welcome to CCF 6thCents...enjoy your stay with us. Yeah I agree looks cleaned and that bit on the obverse looks like solder like David said. Report this Post to the Staff
beaglebailey Pillar of the Community United States 716 Posts	Posted 08/31/2014 7:01 pm Definitely cleaned. Sorry to say, but at $54, you did overpay for that coin. Don't beat yourself up over it, I made plenty of similar mistakes when I first started collecting. Lesson learned. Report this Post to the Staff
wheatchaser140 Pillar of the Community United States 2368 Posts	Posted 08/31/2014 7:10 pm AU details, stained and cleaned. Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 08/31/2014 8:49 pm AU-Details, harshly cleaned. Were the first two images the seller's? They look professionally done and highly deceptive. Report this Post to the Staff
6thCents New Member United States 22 Posts	Posted 08/31/2014 9:13 pm Thanks guys for the welcome and for all the input. I wonder how or why solder got on there? But anyway just to better understand grading a bit. If I were to send it in to get graded and it was graded as AU-XX or MS-XX the slab would be an Original Only cleaned probably? How would the damage effect it and I'm assuming if it is solder it's PMD? Thanks again for all the information, I've been reading non-stop trying to soak information in. Edited by 6thCents 08/31/2014 9:16 pm Report this Post to the Staff
6thCents New Member United States 22 Posts	Posted 08/31/2014 10:19 pm Yeah the first two pics were from the sellers listing, that's why I will return it. Edited by 6thCents 08/31/2014 10:23 pm Report this Post to the Staff
Bababooey Valued Member United States 374 Posts	Posted 09/01/2014 12:29 am Where do ya'll see the wear for the AU grade? Or is it just the damage and the harsh cleaning? For the OP: I agree with the other folks here who have previous said: ebay is a real mine field. The dude that sold you this was posting it as "Choice BU" and he should know better. The seller has a high number of coin sales. People are incentivized NOT to give neutral or negative feedback, so even with high rating it is really buyer beware. Report this Post to the Staff
Bababooey Valued Member United States 374 Posts	Posted 09/01/2014 12:40 am Here's one that is in a slab MS-64. I'm not commenting on the price, but I'm wondering what is the motivation from a dealer NOT to slab a IHC that he thinks is MS 63 or better (i.e. "choice BU" or "Gem BU")? My guess is that the coin that is not slabbed would be given a details grade or an AU grade? Comments? I hate to be so skeptical, but that's been my experience. http://www.ebay.com/itm/1902-MS-64R...em2ecfa295f0 Report this Post to the Staff
Bababooey Valued Member United States 374 Posts	Posted 09/01/2014 12:46 am Not to belabor the point, but here's a sketchy listing: http://www.ebay.com/itm/1902-1C-IND...em51c2b38683 Is this coin worth more than one dollar? Listed for $300+?!?!? Report this Post to the Staff
Bababooey Valued Member United States 374 Posts	Posted 09/01/2014 01:06 am http://www.coinweek.com/coin-gradin...ified-coins/ This article seemed interesting regarding the advertising of "choice uncirculated coins. Report this Post to the Staff
6thCents New Member United States 22 Posts	Posted 09/01/2014 01:14 am Thanks fafafohi for the input(20 yr fan myself)! That one will go back after the show next week in LB, I figure take it just in case? I do have another 1902 that I think is interesting I can post it in it's own thread. Thanks again everyone and babbabooey to you all! Edited by 6thCents 09/01/2014 01:47 am Report this Post to the Staff
supgog Pillar of the Community Israel 2420 Posts	Posted 09/01/2014 04:46 am AU details. Report this Post to the Staff
Jon Brand Pillar of the Community United States 1023 Posts	Posted 09/01/2014 6:06 pm Is it me or do the diamonds look funny? Like they were retooled..? Report this Post to the Staff
	Replies: 15 / Views: 1,843

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