| Author |
 Replies: 16 / Views: 2,885 |
|
Valued Member
United States
462 Posts |
Ok, my grandfather was good and saved a few Indian cents he came upon at one time. They're not in bad shape but other than the Red Book I have no idea how I'd grade them. The first one kills me because it looks like a great 1859 cent and someone stamped "FRED" across it. All Three Cents have a very nice light brass color to them. A. 1859 Cent with "FRED" stamped on it (slightly concave from the stamp). Does this absolutely kill the value?   B. 1863 cent 1, big scratch on reverse   C.1863 cent, not in bad shape   Thank you! |
|
|
|
Pillar of the Community
United States
533 Posts |
Was you Grandfather the FRED? If so it may have some sentimental value but not too much beyond that. It looks like a nice coin but the stamping pretty much kills it.
|
|
Valued Member
 United States
462 Posts |
No, my grandfather's name was Jack so I have no clue who Fred was and why he felt it necessary to stamp his money.
|
|
Bedrock of the Community
United States
12437 Posts |
Obviously, the first one was counterstamped by Fred, the second one has X graffiti scratched in it, and the third has corrosion problems. It is a shame about the 1859, that would have been a nice coin  All of those problems hurt the value significantly. Without the problems, they would grade VF20, G6, and F12(assuming LIBERTY is there, just hard to see at that angle). Quote:All Three Cents have a very nice light brass color to them. The 1859-1864 IHCs are composed of 88% copper 12% nickel while the rest of the IHC series is bronze(similar color to brass but with a small amount of tin in the alloy). Edited by biokemist6
10/14/2009 9:24 pm
|
|
Bedrock of the Community
United States
10045 Posts |
The first one is a real shame, because it's fairly tough to find in nicer grades. Fred...how could you?   Edited by DVCollector
10/14/2009 9:43 pm
|
|
Pillar of the Community
United States
533 Posts |
Bummer. Wasn't being flippant. I have a Peace dollar with "NORM" stamped on it. My Grandfather, Norman, worked and retired from Case(tractors) and must have stamped it somehow in the shop. My Grandmother gave it to me long after he died when she found out I was into coins. It's worth a lot more than the bullion value but only to me. |
|
Moderator
 United States
23731 Posts |
The 1859 has some nice detail, too bad for the counter stamp.
|
|
Bedrock of the Community
United States
12437 Posts |
Quote: I have a Peace dollar with "NORM" stamped on it. My Grandfather, Norman, worked and retired from Case(tractors) and must have stamped it somehow in the shop. That would be a really cool piece of family history  |
|
Pillar of the Community
Philippines
1156 Posts |
I have looked at a lot of coins, and have never been stunned or caught speechless, I am stunned by your 1859 "FRED", had to look at it sometime before I could type this post. Whoever "FRED" is, he sure left his mark
|
|
Valued Member
United States
462 Posts |
Back when he did this he probably thought "Eh, it's only a penny" and now I'm thinking "WHY WOULD YOU DO THAT TO AN 1859 Indian Head penny!!" |
|
Valued Member
94 Posts |
The stamps on coins I get a lot of money for. It's a matter of selling them as being unusual. I paid $1 for one of them recently and turned it over for $10.
|
|
Pillar of the Community
United States
580 Posts |
Quote:
1859 Cent with "FRED" stamped on it (slightly concave from the stamp). Does this absolutely kill the value? Not if your name is Fred. |
|
Valued Member
Canada
464 Posts |
It looks like Fred was once asked the age old question, "DOES IT HAVE YOUR NAME ON IT?! He may not have known the first time, but learned his lesson for the second time.
|
|
Pillar of the Community
United States
8904 Posts |
Quote:
Not if your name is Fred. True!!  |
|
Pillar of the Community
United States
4541 Posts |
vf-30 counter stamped
G-6 damaged
G-10
|
|
Pillar of the Community
United States
2734 Posts |
I was going to post pictures of my 1793 Chain Cent counterstamped "Chas.", but after the reaction this thread got, I decided that I better not....    Seriously, I bet that "Fred" counterstamp on the 1859 IHC was done during the Civil War, and coins were being mass-hoarded at the time... Edited by DNA
12/10/2009 7:10 pm
|
| |
Replies: 16 / Views: 2,885 |
Posted 10/14/2009 8:45 pm
