| Author |
 Replies: 17 / Views: 1,145 |
|
Pillar of the Community
United States
1791 Posts |
I came across an auction with several early Indian Head cents in "red, uncirculated" condition. Most look cleaned in my opinion but this 1859 doesn't seem like its cleaned and looks like it has a Retained Cud on the reverse. I'm looking for opinions on the legitimacy of this coin.   |
|
|
|
Bedrock of the Community
United States
94367 Posts |
Looks OK to me, but I think it's been mishandled over the years and might only grade AU-58.
|
|
Pillar of the Community
 United States
1791 Posts |
I think most have been mishandled in the auction. One coin looked cleaned at some point but also has a nice big carbon spot.
|
|
Bedrock of the Community
 United States
10492 Posts |
Looks to be a die crack on the reverse not a Cud. Remember 1859 - 1864 had 12% nickel added to the copper so a "RED" designation will be more "goldish" colored then true RED copper cents. Are these Indians graded or raw? This cent looks fine except more like an AU 58 |
|
Bedrock of the Community
United States
94367 Posts |
Grade aside, it's not a very appealing example.
Edited by Coinfrog
06/14/2024 7:07 pm
|
|
Bedrock of the Community
United States
10492 Posts |
Quote:
Grade aside, it's not a very appealing example. Agree, not an appealing example. |
|
Bedrock of the Community
United States
73844 Posts |
Might be a Pre-Cud. I agree with the AU grade.
Errers and Varietys.
|
|
Bedrock of the Community
United States
10982 Posts |
Poor images. These pieces are designated by color. I wouldn't bid w/o better images.
Meant to write, "Not designated by color".
Edited by BH1964
06/15/2024 12:03 pm
|
|
Pillar of the Community
United States
1791 Posts |
Better pics are hard to come by with these auctioneers. Most likely it will go out of my affordability. But looking at a few others (some down in the fine-very fine realm). Here is another listed as "uncirculated R/B" and the wear is evident. Very ugly coin.  |
|
Bedrock of the Community
United States
94367 Posts |
|
|
Pillar of the Community
United States
1791 Posts |
You would think that auction houses that handle coins would do some verification as to legitimacy of what they are auctioning and if they were going to provide a grade for non-slabbed coins, it would be done by a professional. Instead, they put a disclaimer in that any grade for non-slabbed coins is the opinion of the auction house and not necessarily accurate. It's why I wouldn't even consider buying a higher dollar value coin from them, especially coins where fakes are rampant.
|
|
Pillar of the Community
United States
1791 Posts |
This auction just closed and the 1859 went for $501 and the 1866 for $182. I think that's just nuts.
|
|
Valued Member
United States
450 Posts |
Agree with your assessment of the final price, that is crazy for the quality.
TY Seeker.
|
|
Pillar of the Community
United States
8516 Posts |
The 1859 is actually a very nice coin.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
United States
2200 Posts |
I have some "red" Indian cents, and that 1859 sure ain't red! I would be wary of anyone who calls it that. |
|
Pillar of the Community
United States
1018 Posts |
No Copper nickel Indian Head cent will ever be called RED, ever. Or RedBrown, or brown! They are referred to as white cents because they never had a red look when freshly minted. The metal composition did not have characteristics of color designation. |
| |
Replies: 17 / Views: 1,145 |
Posted 06/14/2024 5:44 pm
