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 Replies: 25 / Views: 2,539 |
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Valued Member
United States
346 Posts |
In my Indian Head cent collection, of course. VG-8 example, $1100. Price was spot-on and this baby will look right at home in my Intercept Shield album.  This picture is the best I can manage with my awful camera, sorry. It's a very nice, problem-free coin.  |
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Moderator
 United States
16677 Posts |
Can we get a pic of the reverse? What grading service is this?
swcoin.ecrater.com
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Moderator
 United States
6563 Posts |
I'm curious about the TPG company as well. Might have overpaid a bit. Most are sellin for around $900-$950 Saw one on ebay PCGS VG08 for $928.00 |
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Valued Member
 United States
346 Posts |
 It's, uh, CoinWorld. I didn't do any research on the grading service beforehand but I trust the dealer and know he wouldn't rip me off. |
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Moderator
United States
16677 Posts |
If he is a dealer you trust, I'm sure it's fine. The N of ONE on the reverse will be a sign of this coins genuineness. As I squint my eyes at your pic, looks to be genuine based on the left half of the N. It will be very weak. I agree with GO. You might have paid a bit much. All said, you now have it for your collection.  swcoin.ecrater.com
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Valued Member
United States
346 Posts |
Really? How is the N in ONE a sign of genuineness? Do counterfeits have a sketchy-looking N?
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Pillar of the Community
United States
1130 Posts |
Really can't tell much from the pics. Can you take a better shot of the coin ? Congrats on the 1877. Be careful of counterfeits when dealing with raw coins. I bought a fake 1909-S IHC that even fooled a dealer in hand. |
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Moderator
United States
16677 Posts |
Altered 1877's are usually altered from an 1879 or 1875 dated coin. Both of these coins will have the Bold N reverse on mint state examples. Counterfeits have an N that is bold. Genuine 1877 IHC have a weak N. swcoin.ecrater.com
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Pillar of the Community
Canada
838 Posts |
Just a question here following the topic of the weak 'N'. Don't any of you worry that any so-called diagnostic for genuineness can, in today's world, be duplicated by a determined crook? In other words, as soon as it's realized that 1877 IHC have a weak 'N', then why isn't someone making them that way? How many fake coins are out there that aren't made incorrectly by stupid crooks? It frustrates me that coin 'experts' assume the crooks are always stupid. I know TPG check coins very thoroughly, but even they can be fooled. And now the Chinese are counterfeiting slabs, too! This is why I don't trust high-grade stuff, and keep my own collection primarily low-grade from trusted 'junk' trays. Just my Two Cents.... |
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Bedrock of the Community
United States
12437 Posts |
Quote:It's, uh, CoinWorld. I didn't do any research on the grading service beforehand but I trust the dealer and know he wouldn't rip me off. Coin World is not a grading company at all. They are commonly known for their magazine by the same name and they also have a line of coin collecting supplies- including do-it-yourself slabs that snap together which is exactly what you have there. Quote:In other words, as soon as it's realized that 1877 IHC have a weak 'N', then why isn't someone making them that way? Unless you are a master die engraver with decades of experience and the proper presses, it is next to impossible to faithfully reproduce all of the intricacies of a coin even when the diagnostics are well known. Not impossible but not many people have the skills or equipment to pull it off either. And that only applies to the die struck fakes, many more counterfeits are cast and even more obvious to a discerning eye as to their origin. Quote:
How many fake coins are out there that aren't made incorrectly by stupid crooks? Heh, ever looked at the "1804" dollars on ebay? Better than half have reeded edges. Fantasy date/mint mark combos are common as well. The Chinese are not necessarily doing it to be crooks either, their "entrepreneurial spirit" is just carried a bit too far. Edited by biokemist6
07/28/2008 11:29 am
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Pillar of the Community
United States
2373 Posts |
Couldn't an 1877 IHC have a bold N and be real? Red Book says "Circulation strikes of 1877 have the shallow N, while Proofs have the bold N." That being said, is it not possible to have a circulated proof of the 1877 variety and still be in possession of a genuine coin. Is there some other place for data other than Red Book and CherryPickers' Guide? |
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Valued Member
United States
486 Posts |
I have heard of the bold N and shallow N before, Whats the difference? -PP
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Valued Member
United States
346 Posts |
Yeah, I've no clue. That's always confused me.
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Pillar of the Community
United States
6326 Posts |
Too much or not too much.......You filled an expensive hole !....So congrats for that !...  |
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Moderator
United States
187702 Posts |
 Was this a purchase from a local dealer? If so, I think you did fine; you did not have to pay for shipping/handling/insurance and you had the opportunity to examine the coin before you bought it. |
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Valued Member
United States
346 Posts |
Yeah, it was a local dealer who I bought my 1909-S IHC from, not to mention countless other coins. And I did get to look at the coin beforehand, couldn't complain. |
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Replies: 25 / Views: 2,539 |
Posted 07/28/2008 12:47 am
