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 Replies: 19 / Views: 3,109 |
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New Member
United States
4 Posts |
Edited by MrRednose
04/23/2019 11:46 am
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Moderator
 United States
56855 Posts |
 to CCF. It is an IHC,Indian Head Cent,not a Wheat penny. Who told you it cost $60 to grade? What grading company slab would it be put in? Need pic of reverse to grade. As a general rule, the coin need to have a retail value of at least $150 to justify all costs involved in sending it in. John1  |
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Pillar of the Community
 United States
8938 Posts |
That IHC looks cleaned to me. Not worth slabbing. |
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Moderator
United States
54280 Posts |
click to see larger image  |
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Moderator
United States
54280 Posts |
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Bedrock of the Community
Canada
21601 Posts |
To the CCF As nss-52 points out with his photo comparisons, it is clearly a counterfeit so wouldn't be Gradeable anyway. |
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Moderator
United States
54280 Posts |
Notice the date and the R in AMERICA.
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Rest in Peace
United States
18456 Posts |
 that coin is a counterfeit .  |
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Bedrock of the Community
United States
20753 Posts |
Doesn't sound to good about your coin from what everyone is saying. Where did you get it? |
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Bedrock of the Community
United States
94367 Posts |
Agree this is probably counterfeit. to the CCF! |
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New Member
 United States
4 Posts |
I found it in a older coin roll a 1970s bank roll couldn't tell much more then that it's super clean and probably counterfeit from the comments.
Edited by MrRednose
04/23/2019 12:02 pm
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Bedrock of the Community
Canada
21601 Posts |
It's not "probably counterfeit", it's 100% counterfeit.
There are numerous counterfeit markers on the coin.
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New Member
United States
4 Posts |
Ok cool why would someone counterfeit this year? Just a general question
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Pillar of the Community
United States
8938 Posts |
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Bedrock of the Community
United States
17884 Posts |
Because an Uncirculated 1867 is about a $300 coin, and once you have the dies made up you can crank out about 60 of them a minute or about $18,000 a minute. Even if you wholesale them out at $5 each you can clear $18,000 an hour.
Edited by Conder101
04/23/2019 2:49 pm
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Pillar of the Community
Canada
5394 Posts |
An 1867 RED MS65 is only about $7500 to $9000 in the right holder !
Yours is a recent fake that retails for about a buck and half from a Chinese counterfeiter.
We see this stuff on a regular basis at our weekly market , the only thing more laughable than the obvious
fakes is the Acquisition Stories that often accompany them !
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Replies: 19 / Views: 3,109 |
Posted 04/23/2019 06:50 am
