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 Replies: 17 / Views: 3,356 |
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Pillar of the Community
United States
1018 Posts |
I was able to cherrypick a few coins this week at FUN. Snagged an 1871 Shallow N Indian Head cent, a nice 1869/69 Indian Head cent and lastly this one....I have been looking for one of these for a very long time, and was able to find one in the wild at the FUN show this week. The "Dot Reverse" 1875 IHC was likely used to track a thief working at the Philadelphia Mint. Mint records show that a die was slightly and intentionally altered to mark coins made by one specific press one day when they suspected an older Mint employee to be stealing coins. Later that day, they searched that man and found a handful of coins that were made that day using the altered die. It is believed that the alteration was a punch to the die at the top part of the N in ONE on the reverse. Widely searched for, only a few dozen have shown up over the last few decades. Pretty cool history associated with this one! It is a shame the coin has been cleaned, but there is still a hefty premium associated with this one!    |
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Bedrock of the Community
United States
12057 Posts |
Super nice example of a super scarce Snow variety. The "dot" on the N can be easily damaged in circulation, obscured by dirt, worn down or toned over, making it an even tougher find "in the wild" considering that 1875 isn't a common date to begin with. I have looked at many, many IHC's and never seen one in the wild. 71 Shallow N and 69/69 are not exactly bad finds, either! The cleaning isn't that harsh. I don't think it significantly detracts from the coin, especially when the variety adds much more value than the base coin is worth in identical condition. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
94367 Posts |
Great find, congrats!
Edited by Coinfrog
01/08/2023 6:24 pm
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Pillar of the Community
United States
8515 Posts |
Very nice find !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
 United States
2333 Posts |
I've heard about these but never seen one...
Excellent pick-up!
smat
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Pillar of the Community
United States
1173 Posts |
Nice find, congrats on your purchase.
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Pillar of the Community
United States
2757 Posts |
Nice one and thanks for the lesson. Which Snow # is the 1875?
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Pillar of the Community
 United States
1018 Posts |
This is the S-16 variety. I just looked on ebay, there is one PCGS UNC detail (altered color) listed for $4k. I don't think these detail coins are worth that much. I think Rick Snow recently had one in MS65RB, but it looks like he sold it last week. It was listed somewhere around $5500 if I recall correctly. |
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Pillar of the Community
United States
2757 Posts |
RedRaider - I've been collecting IHCs for nearly 40 yrs. yours might be cleaned but it's still way above average attractiveness. Nice cherrypick here.
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Pillar of the Community
Germany
1849 Posts |
Congratulations on that cherry-pick!
This is also for me the first time I have seen one.
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Moderator
 United States
15394 Posts |
Great story and nice find. Congratulations
Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
1479 Posts |
Good to get a smell of a bona-fide Score! Oh thats a nice one for sure. Now you have 200 more people looking at dealer boxes again LOL I had comp,easy forgotten about the 1875 "dot" variety and good to know its more than myth. ANACS...why not? Their as good as anyone for the proletarian collector...chuckle seriously though high 5 on your major cherrypick of a bona-fide unicorn. This post will end up being looked at by the hardball hard-core big money Indian penny guys and Gals and I hope they chime in and blow some dust up on the forum. Mike Diamond where are you? Folks...ahum excuse me as I stand up from my folding metal char and declare "this is news, big news big big news" send this post on to coin week coin news or whatever it would make an excellent article, they seem starved over there for material - last penny article was a generic rundown of 1974 Cent. Lastly I want to thank you for giving some juice to the forum, I got juiced anyways and hope your very happy with this smart cherrypick. Edited by luvmyCAM
01/12/2023 6:49 pm
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Pillar of the Community
United States
5822 Posts |
That's some story with the mint doing this to catch one of their employee.
Congrats on a great find.
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Pillar of the Community
United States
756 Posts |
neat. thats a fun story. congrats!
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Bedrock of the Community
United States
24978 Posts |
Fantastic find, RedRaider! By the way, did the seller know what they had?
Inordinately fascinated by bits of metal with strange markings and figures
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New Member
United States
1 Posts |
no the cleaning is not that bad at all.
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Replies: 17 / Views: 3,356 |
Posted 01/08/2023 6:01 pm
