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1902 Indian Cent - Pricing A "Very Red" Copper Coin Vs A Similar Grade But "Less Red"

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1949-S's Avatar
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 Posted 01/24/2025  12:55 am Show Profile   Bookmark this topic Add 1949-S to your friends list Get a Link to this Message Number of Subscribers
*** Moved by Staff to a more appropriate forum. ***

I need your help on this 1902 Indian 1 Cent coin. It's been tucked away in the safe for many years now but it's time to sell it. As you can see, it's graded MS66 RD and quite good looking. In addition to grade, I know that things like strike and color impact the desirability of a copper coin and it has both.

I'm wondering how to price the coin. There are not many comps. Since it seems to have more eye appeal and a better strike than most other MS66 Indian Head cents graded as red, what would be a reasonable percent markup to add to the GreySheet wholesale price or to other more average "red" MS66 Indian Head coins.

Thanks for your lending your expertise!

Dan
1902-Indian-Cent---Pricing-A-
1902-Indian-Cent---Pricing-A-
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TinyRetreat's Avatar
United States
345 Posts
 Posted 01/24/2025  01:36 am  Show Profile   Bookmark this reply Add TinyRetreat to your friends list Get a Link to this Reply
Beautiful coin ... to start, I would start shopping it around to some local shops, to get a feel for the dealer market. Graysheet is a great place to start. I wouldn't hesitate to contact "Great Collections" and get a handle on their terms, along with a estimated hammer price/expectation.

Best of luck !
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DOCC's Avatar
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1502 Posts
 Posted 01/24/2025  09:06 am  Show Profile   Bookmark this reply Add DOCC to your friends list Get a Link to this Reply
Nice Coin. Closed auction sales will give you a baseline. This is from GC archives. Date is important, there has only been one recent sale.


1902-Indian-Cent---Pricing-A-
I swing a metal detector and have a knack for finding dirty old coins.
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Dirt coin dig videos - https://www.youtube.com/@prodetecting
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BadThad's Avatar
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 Posted 01/24/2025  10:32 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
That's a beauty!
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Zurie's Avatar
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 Posted 01/24/2025  11:16 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Agree that's a gorgeous coin with a nice strike and great eye appeal! But there are some nicks on the shield and obverse letters that may be limiting if you're hoping for more than MS-66RD value.
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Marv65's Avatar
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 Posted 01/24/2025  5:04 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply
Beautiful cent - too bad you have to sell.
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Errers and Varietys's Avatar
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 Posted 01/24/2025  10:17 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Very nice coin! It's a bummer that you have to sell it.
Errers and Varietys.
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BH1964's Avatar
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 Posted 01/24/2025  10:41 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I'd try to get an Eagle Eye or CAC sticker on it if selling. Most collectors will price it by the label and if the label says MS66RD then that's their comps.

These have been selling in the $1500 to $2000 range of late. Also, from your images this piece might + if regraded or jump to 67 making it far more valuable.

I'd carefully consider your options. Regrade, stickers, auction houses to consider. It looks like a $2,000+ piece. Don't sell your self short and leave money on the table. IHC in that condition don't pop up every day and there are many eager buyers for such a piece.
ANA #R3154474
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 Posted 01/24/2025  11:25 pm  Show Profile   Bookmark this reply Add Jimbo48 to your friends list Get a Link to this Reply
A really nice coin. I think the CAC sticker is a good suggestion. Even if you don't decide to sell it, the CAC designation would be a great calling card.
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 Posted 01/27/2025  02:17 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Great Collections is a good way to go.
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1949-S's Avatar
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 Posted 01/28/2025  04:43 am  Show Profile   Bookmark this reply Add 1949-S to your friends list Get a Link to this Reply
Thanks everyone!!! Now I have to decide whether to go after the green or gold CAC bean or shoot for a possible same grade of upgrade with a CAC holder. Any suggestions?
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DOCC's Avatar
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 Posted 01/28/2025  05:47 am  Show Profile   Bookmark this reply Add DOCC to your friends list Get a Link to this Reply
On the GC consignment form there is an option for a CAC bean - I would think that is the best route.
I swing a metal detector and have a knack for finding dirty old coins.
Dirt coin restoration projects - https://www.prodetecting.com/restorations
Dirt coin restoration blog - https://www.prodetecting.com/blog/ccaw
Dirt coin dig videos - https://www.youtube.com/@prodetecting
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BH1964's Avatar
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 Posted 01/28/2025  09:34 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Thanks everyone!!! Now I have to decide whether to go after the green or gold CAC bean or shoot for a possible same grade of upgrade with a CAC holder. Any suggestions?


Since your plan is to sell it, I'd use Great Collections and have them send it to CAC. Forget CACG. Leave it in the holder it's in (PCGS right?) and have GC submit it to CAC for a sticker. It looks like a lock for a green bean.

I've sold through GC many times and it's safe and easy with their online forms. We can help with the submission process if needed. Also, can you post a pic of the entire front of the slab so we can see the label? Good luck!
ANA #R3154474
Edited by BH1964
01/28/2025 09:34 am
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jacrispies's Avatar
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 Posted 01/29/2025  1:10 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
I agree and second the opinions of everyone.
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Bump111's Avatar
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 Posted 01/29/2025  2:47 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
Since your plan is to sell it, I'd use Great Collections and have them send it to CAC.


I also agree. And items selling above $1000 incur no seller fees.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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