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1906 Indian Head Penny I Bought For A Nickel.

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United States
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 Posted 01/14/2018  9:15 pm Show Profile   Bookmark this topic Add RhodHayes to your friends list Get a Link to this Message Number of Subscribers
I work in food service, my co worker got this penny as a bad tip for his service. I gave him a nickel for it...did he make out or did I?
1906-Indian-Head-Penny-I-Bought-For-A-Nickel.
1906-Indian-Head-Penny-I-Bought-For-A-Nickel.
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Spence's Avatar
United States
34423 Posts
 Posted 01/14/2018  9:17 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
@did he make out or did I?


I think that you did.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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United States
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 Posted 01/14/2018  9:24 pm  Show Profile   Bookmark this reply Add RhodHayes to your friends list Get a Link to this Reply
Probably should have lead with I am so very new to coin collecting. I like finding things that look different. But I have no idea what this may be worth or the grading system. I would probably say this would be good condition? Any thoughts?
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Spence's Avatar
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 Posted 01/14/2018  9:28 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
According to photograde, there must be a total of three letters of LIBERTY (in the headband) to be VG. I don't see that, so yes I would agree with a grade of G4 or perhaps G6. Retail for that is somewhere north of a buck I'd say. Others will weigh in too.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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spru's Avatar
United States
12477 Posts
 Posted 01/14/2018  10:09 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
It's not worth a lot, but a lot more than a nickel*!

*Depending on what the nickel was.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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 Posted 01/14/2018  10:11 pm  Show Profile   Bookmark this reply Add RhodHayes to your friends list Get a Link to this Reply
Thank you for the info! I am new to collecting, and will soak up any information given!
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spru's Avatar
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 Posted 01/14/2018  11:50 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
@RhodHayes

If it hasn't already been suggested, purchase a copy of the latest Red Book. It contains a lot of information about U.S. coins in a small and inexpensive reference.

In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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moxking's Avatar
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 Posted 01/15/2018  09:16 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
You did very well.
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scopru's Avatar
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 Posted 01/15/2018  09:19 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply


Nice purchase fora nickel.
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Coinfrog's Avatar
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 Posted 01/15/2018  3:07 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Good for you!



to the CCF!
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T-BOP's Avatar
United States
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 Posted 01/15/2018  5:00 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
to CCF , an outstanding transaction .
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jpsned's Avatar
United States
2208 Posts
 Posted 01/15/2018  5:32 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
Looks like a nice solid "Good" to me. Yeah, 1 to 2 bucks is what you could probably get.

Do you have a coin dealer nearby? They could give you an idea in person. And they probably would enjoy hearing your story!
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