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Why Did I Buy This Beat-Up IHC?

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DVCollector's Avatar
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 Posted 12/15/2014  5:45 pm Show Profile   Bookmark this topic Add DVCollector to your friends list Get a Link to this Message Number of Subscribers
Today I bought this rather beat-up IHC for $1.75--including shipping.
Any ideas why this one caught my eye--what do you see?

Why-Did-I-Buy-This-Beat-Up-IHC?
Edited by DVCollector
12/15/2014 5:52 pm
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OcalaFlorida's Avatar
United States
2824 Posts
 Posted 12/15/2014  5:55 pm  Show Profile   Bookmark this reply Add OcalaFlorida to your friends list Get a Link to this Reply
the date looks far off to the left and maybe a rpd?
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matttheriley's Avatar
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1512 Posts
 Posted 12/15/2014  5:58 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
Whats up with the 'U' in United?
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DVCollector's Avatar
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10045 Posts
 Posted 12/15/2014  6:09 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Hint: I believe my coin is the same variety as the pic below--just more worn.
This is a hunch that I'll confirm when it arrives The bases of the legend's serifs are the giveaway.

Why-Did-I-Buy-This-Beat-Up-IHC?


Quote:
Whats up with the 'U' in United?

Here's that same area on an MS coin:

Why-Did-I-Buy-This-Beat-Up-IHC?

I'll take one in any grade for $1.75--we'll see.
Edited by DVCollector
12/15/2014 6:39 pm
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bpoc1's Avatar
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4078 Posts
 Posted 12/15/2014  6:14 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
The divit to the left of the head band?
No? lol
How about a Misplaced Date {MPD-001)
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SsuperDdave's Avatar
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 Posted 12/15/2014  6:19 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
4 times the fun!
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DVCollector's Avatar
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10045 Posts
 Posted 12/15/2014  6:36 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
4 times the fun!
Yep--I think it's the Snow-1 quadrupled obverse die.

I think it's easier to see something is odd about the coin when you compare the legends to another 1890 with similar wear.
The MS coin better shows what's going on in my very worn coin. Better pictures of course when it arrives.

Why-Did-I-Buy-This-Beat-Up-IHC?
Edited by DVCollector
12/15/2014 6:38 pm
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beaglebailey's Avatar
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 Posted 12/15/2014  6:44 pm  Show Profile   Bookmark this reply Add beaglebailey to your friends list Get a Link to this Reply
An additional marker is the 2 small nubs inside the O of OF. It certainly looks like an S-1. If so, that is an awesome pick, DV.
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DVCollector's Avatar
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 Posted 12/15/2014  6:50 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I also *think* I see diagnostic deterioration below the date (the 8 mostly). I'm 75% certain now--I'll know when it arrives.
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SsuperDdave's Avatar
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 Posted 12/15/2014  11:42 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Serious eyeball involved here.
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DVCollector's Avatar
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 Posted 12/16/2014  12:08 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Yeah--I guess I was looking hard for one. When I'm scanning a lot of coins, I'm only looking for 1 diagnostic point seen on all.
If a coin has it, only then do I look closer--it saves me a lot of time--and my eyes.
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SsuperDdave's Avatar
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 Posted 12/16/2014  09:45 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's exactly how I hunt coins, Morgans in my case. Nothing makes you puff up like catching a pickup nobody else saw.

If this one pans out it's a good 'un.
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Mike1487's Avatar
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709 Posts
 Posted 12/16/2014  11:53 am  Show Profile   Bookmark this reply Add Mike1487 to your friends list Get a Link to this Reply
What do you do with coins like these, DV? I often find coins like these, and just catalog them away. It gives me a sense of fulfillment, but there really isn't much monetary value. Ideally I would keep the one in best shape of a variety and flip the rest. I find that it's extremely hard to sell varieties that are in rough shape; generally they have to be in at least Fine to warrant any serious interest. Or slabbed for that matter, which would cost more than the coin is worth.
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SsuperDdave's Avatar
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 Posted 12/16/2014  12:14 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The worst that happens is you get to contribute to the greater store of information, by providing a datapoint regarding rarity and good pickups for lower-grade examples.
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Mike1487's Avatar
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 Posted 12/16/2014  12:51 pm  Show Profile   Bookmark this reply Add Mike1487 to your friends list Get a Link to this Reply
Datapoint for who? If you stash it, the only person that knows about it is you. And my point is I often don't regard these as good pickups, since you'd be lucky to sell this for $5-$10. Variety searching (low grade coins) is more of a personal accomplishment thing to me. I'm just asking if that's the same for you guys.
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DVCollector's Avatar
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10045 Posts
 Posted 12/16/2014  12:54 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
It gives me a sense of fulfillment, but there really isn't much monetary value.
I also like the hunt! I'm not looking to sell this coin, only study it. This particular variety interests me, and the first I've found. I have sold some of the more popular IHC varieties in G6 and up--there's always collector interest in the top 10 for the IHC series. My 1897 Snow-1 giveaway is getting a lot of hits too.


Quote:
Datapoint for who? If you stash it, the only person that knows about it is you.
Perhaps he's thinking of resources for other collectors. Rick Snow manages a database for IHC varieties by grade. I spend a lot of time taking pictures and posting them here--which might also serve as diagnostic datapoints for fellow collectors to find/attribute IHC varieties.
Edited by DVCollector
12/16/2014 1:01 pm
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