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What Do You Think Of This 1877 Indian Head Penny?

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Author Previous TopicReplies: 11 / Views: 1,798Next Topic  
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cardman06's Avatar
United States
114 Posts
 Posted 09/05/2011  8:42 pm Show Profile   Bookmark this topic Add cardman06 to your friends list Get a Link to this Message Number of Subscribers
I have a chance to maybe pick up this 1877 penny..what would you pay for it..its worn but good date and motto on back is there..it is real..i think I can pick it up between $200-$250 range..think its worth it?

What-Do-You-Think-Of-This-1877-Indian-Head-Penny?
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/05/2011  9:28 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
I would grade it AG3, stronger reverse.
From what I can tell, diagnostically, it looks genuine.
$200-250 would be a very good price for this coin.
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Jaobler's Avatar
United States
6394 Posts
 Posted 09/05/2011  10:29 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Surfaces look a bit granular so I'd check carefully for corrosion. I would pass on a corroded copper coin in most cases. Certainly for a key like the 1877 I'd hold out at least for a mid-grade coin (fine or better) that was authenticated by a major TPG.

Just my opinion!
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 09/05/2011  11:28 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
Looks like an AG-3.
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/06/2011  01:33 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
The depression below the ear looks a bit odd to me.
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johnny54321's Avatar
United States
4849 Posts
 Posted 09/06/2011  01:46 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Yeah, I was wondering about that too DV. I can't quite tell if it is granular, or just the picture. Anyways, still a decent price.
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/06/2011  02:37 am  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
You know what, I missed that below the ear.
If it's PMD, it will be considered a damaged coin.
Looks like it wore with circulation. Smooth.
Yeah, I honestly cannot tell if granular or, camera setting.
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kylecolb's Avatar
United States
438 Posts
 Posted 09/06/2011  03:00 am  Show Profile   Bookmark this reply Add kylecolb to your friends list Get a Link to this Reply
I would try to get a better price than $200. Surfaces look granular to me, and the indent is questionable.
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big777bill's Avatar
United States
376 Posts
 Posted 09/06/2011  10:51 am  Show Profile   Bookmark this reply Add big777bill to your friends list Get a Link to this Reply
If you just want a hole filler or can't afford a better example jump on it for $200-250.
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upstate's Avatar
United States
3283 Posts
 Posted 09/06/2011  12:01 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I agree with Big Bill, the date is hard to come by in any grade for that money.
You may regret it some day when you decide you want your set vg or better (or whatever) but there will
always be a market for the date so it shouldn't be a problem unloading.
Point out the damage and go lower.
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big777bill's Avatar
United States
376 Posts
 Posted 09/06/2011  6:14 pm  Show Profile   Bookmark this reply Add big777bill to your friends list Get a Link to this Reply
It looks better than the one I currently have but at least I can say that my set is complete,lol. I paid $150 for it about 8 years ago.
Edited by big777bill
09/06/2011 6:16 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/06/2011  6:56 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

Quote:
I paid $150 for it about 8 years ago.



That would be a steal today!

cardman06, as stated, I would jump on this coin. There should be NO problem selling it later for an upgrade. Collectors, especially those on a budget, will have no problem buying AG 77's.
swcoin.ecrater.com
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