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Debating If I Should Buy This?!?!?

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hybes's Avatar
United States
183 Posts
 Posted 10/26/2010  8:58 pm Show Profile   Bookmark this topic Add hybes to your friends list Get a Link to this Message Number of Subscribers
http://picasaweb.google.com/1074358...ianHeadCent#

1863 Indian Head cent in excellent condition, but "CLEANED" with this.

http://picasaweb.google.com/1074358...CoinCleaner#

If I do buy it what is it worth, and how do I remove the polish residue?
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wolf-n-wa's Avatar
United States
602 Posts
 Posted 10/26/2010  9:15 pm  Show Profile   Bookmark this reply Add wolf-n-wa to your friends list Get a Link to this Reply
It's worth what you are willing to pay for it. Acetone should take off any residue from the polish. WOLF
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fenton's Avatar
United States
4989 Posts
 Posted 10/26/2010  9:19 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Very common date Indian in terrible condition with harsh cleaning. I would say it is worth about 25 cents and that's a stretch.
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robbudo's Avatar
United States
2757 Posts
 Posted 10/26/2010  9:47 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
1863 Indian cent - Fenton says it's a 'very common date indian' so let me put that in perspective. They made just under 50 Million of these in 1863. The next highest mintage for the copper nickel indians were 36 Million and 28 Million, the lowest was just 10 Million. They didn't exceed the 50 Million mark until 1873 in the series. So this is a REALLY common date indian. It's in really rough shape. What do we mean by that? It means a third party grader like PCGS or NGC wouldn't even grade it. It means most collectors (myself included) wouldn't touch it with a 10 foot pole. It also means that you'll have a heck of a hard time selling it, if you ever wanted to. It also means that you probably shouldn't pay more than $5 for it (no exaggeration). EDIT: Just looked up the price, retails for $7.50 in a problem-free grade of Good. So divide that in half since it's damaged/cleaned, and that's probably what it's worth on a good day. Unless you want to use it as a jewelry piece, and polish it up all nice and shiny, then stay away from it ...
Edited by robbudo
10/26/2010 9:49 pm
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RealPeso's Avatar
United States
426 Posts
 Posted 10/26/2010  9:49 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
You can take the residue off with acetone like wolf-n-wa said but the original surface color probably can never be restored.
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DVCollector's Avatar
United States
10045 Posts
 Posted 10/26/2010  10:09 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Not to be a downer, but if someone used a strong abrasive on a coin, its collector value is pretty much history. It's worth a buck as a placeholder, but that's about it. I'd pass on that one.
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/26/2010  10:19 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
There are so many that are nice. As stated, very common. I'd sell this for about a buck. Pass.
swcoin.ecrater.com
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Moe145's Avatar
United States
8904 Posts
 Posted 10/26/2010  10:47 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply


Give this one a pass.
Edited by Moe145
10/26/2010 10:48 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/26/2010  10:52 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Any coins that are polished belong in a National Park gift shop on a bracelet, that's it ;-)
I was at Mt. Rushmore this summer and saw a Lincoln Cent bracelet that had every cent polished beyond belief. As coin collectors, we can't help ourselves and have to look at all the dates. Well, one of them appeared to be a 1972 1DO-003 as seen on coppercoins.com :-(
swcoin.ecrater.com
Bedrock of the Community
United States
20753 Posts
 Posted 10/27/2010  8:59 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Is it my computer or does that add say 1963? NO not 1863 but 1963. If that is a real, honest to goodness, 1963 Indian Head cent it could be worth millions.
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/27/2010  9:09 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Congrats on 5000 posts Carl! Just noticed.
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14ers's Avatar
United States
230 Posts
 Posted 10/28/2010  09:01 am  Show Profile   Bookmark this reply Add 14ers to your friends list Get a Link to this Reply
I've got an 11 foot pole you can borrow so you don't need to touch it with a 10 foot pole.
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thecoinczar's Avatar
United States
455 Posts
 Posted 10/30/2010  8:21 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list Get a Link to this Reply
I agree with the other members on this one. There are and will be so many opportunities to acquire a problem free coin that would look natural and worth the money you invest into it.
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