A little help with Indian head pennies please....

A little help with Indian head pennies please....

Post by 3ChordGuitari » Thu, 31 May 2001 03:03:57



Hi,
 I bought about 10 of them about 15 years ago from a guy for $7. Some
moron ( not me !! ) looks like they took a wire brush to a few. The
oldest is 1888.
My question is about value based on color. I visited a pretty
respectable looking  website awhile back to check prices ( sorry,
don't remember the name) , and the diffrence between a $1 penny and a
$100 seemed to be based on color- brown, red, reddish brown ect.
Is there a way to determine for myself what color(s) I have, and does
it really make that big of a diffrence?

thanks for any help.

 
 
 

A little help with Indian head pennies please....

Post by BobbySh » Thu, 31 May 2001 03:29:08


Quote:
>Hi,
> I bought about 10 of them about 15 years ago from a guy for $7. Some
>moron ( not me !! ) looks like they took a wire brush to a few. The
>oldest is 1888.
>My question is about value based on color. I visited a pretty
>respectable looking  website awhile back to check prices ( sorry,
>don't remember the name) , and the diffrence between a $1 penny and a
>$100 seemed to be based on color- brown, red, reddish brown ect.
>Is there a way to determine for myself what color(s) I have, and does
>it really make that big of a diffrence?

>thanks for any help.

Here's a site I know of that will help you grade your Indian cents:

http://www.indiancent.com/

Go to their "grading" section.  They have some nice pictures showing the
conditions in which your coins meet certain grades.  Keep in mind that whatever
grade, if they've been harshly cleaned, that will significantly lower the value
of the coin.

I hope this helps! (PS, I have no affiliation with above site).

Robert Shaw

 
 
 

A little help with Indian head pennies please....

Post by Fred A. Murph » Sun, 03 Jun 2001 23:08:07



Quote:
>  I bought about 10 of them about 15 years ago from a guy for $7. Some
> moron ( not me !! ) looks like they took a wire brush to a few. The
> oldest is 1888.
> My question is about value based on color. I visited a pretty
> respectable looking  website awhile back to check prices ( sorry,
> don't remember the name) , and the diffrence between a $1 penny and a
> $100 seemed to be based on color- brown, red, reddish brown ect.
> Is there a way to determine for myself what color(s) I have, and does
> it really make that big of a diffrence?

Hate to be the bearer of bad tidings, but those colors are only significant
if you're talking about uncirculated coins which have never had a trace of
wear or handling, which are MS60 to MS70.  Within that rarified category,
red coins that look like they were minted yesterday are the expensive ones,
followed by red-brown, which have started to tone, then down to brown, which
still show no wear but have toned brown to look like the typical used coin.

It is is obvious to you that your coins have been cleaned with a wire brush,
polished, scrubbed with a pencil eraser or similar, they are probably down
at the other end of the scale, like AG3 or lower.  As such, they will have a
collector value of a quarter to a dollar, unless you lucked out and got
either a 1908 or 1909 with a separate "S" at the bottom of the wreath on the
reverse.

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