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Old 05-14-2009, 02:09 PM   #1 (permalink)
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What are your thoughts on the REEDED EDGE 1864-L Indian Cent?

I just posted this same question on the PCGS forum, but thought I'd get comments from this forum as well. I am very interested to know your thoughts.

I bought this coin many years ago and thought it was interesting so I decided to keep it for my private collection, thinking that it was probably hand or machine tooled by someone with too much time on their hands. I have some other interesting pieces, including a beautiful MS64 RB 1886 Indian cent with a nice clamshell rim, and an MS64 1861 with a large clipped planchet so, recently, I decided to have some of my private coins photographed by Todd/blucc (www.bluccphotos.com), including this neat 1865-L. Any way, Todd happened to show this coin to another forum friend who suggested it might have been minted from a foreign planchet. I don't know much about foreign planchet errors, so I thought I'd post this coin here for your comments. One of the photos has a regular Indian cent next to it for comparison. I also plan to bring it to Long Beach to show to a couple dealers who may have some knowledge as well. So please let me know what you think!
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Old 05-14-2009, 02:12 PM   #2 (permalink)
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That is one of the coolest and weirdest things I've ever seen before...
I don't much about foreign coins, and their planchets, so I'm not good with that either, but I'm sure somebody here might be able to help...
I wonder what PCGS would grade it is, and what they would put on the label, if they graded it! Very interesting piece....
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Old 05-14-2009, 02:17 PM   #3 (permalink)
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Nah, not a foreign planchet, reasoning:
1) The reeding is not like any foreign reeding that I have ever seen, most are verticle (And, no, I am not claiming that ihave seen ever foreign coin).
2) The reeding is placed on the coin at the same time that it is struck, (see any article about the 'third die');
3) In the last picture shown, you can see that the 'reeding' changes in width as it progresses from left to right, nlt possibl in a mint product;
4) many other thoughts, all getting jumbled up right now, but I keep hearing 'post mint product'.

P.S. PCGS would not slab it, it is damaged.
oops, yup they would slab it, I forgot about the 'genuine' slabs now.
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Old 05-14-2009, 02:19 PM   #4 (permalink)
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I have nevr seen a reeded edge like that on a foreign coin.
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Old 05-14-2009, 02:36 PM   #5 (permalink)
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That's done by hand. It is really neat, though.
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Old 05-14-2009, 02:38 PM   #6 (permalink)
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I can't lay my hands on it , but somewhere i have some personal correspondence from noted Dallas, Texas Numismatist Harry Davis regarding the possible existence of just such a piece. I don't have everything here with me , but I will put forth an effort to locate it. Jesus this was 30 yrs ago.
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Old 05-14-2009, 02:57 PM   #7 (permalink)
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Definitely a weird one...

My gut says that its someone with a lot of time on their hands.. my heart hopes that it is an yet undiscovered pattern
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Old 05-14-2009, 03:24 PM   #8 (permalink)
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It so much resembles a " cut bezel" that jewelers can produce, but if the edge is an actual part of the coin and not added, the normal cutter could not have been used, so then it would have to have been hand cut. Personally I do not see how the edge could have been produced mechanically using the mint striking equipment of 1864, so I would have to be in the post mint production group. But beautiful never the less, a real keeper.

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Old 05-14-2009, 03:28 PM   #9 (permalink)
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done by hand I'd say - but still very cool.
We should start making our coins like that
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Old 05-15-2009, 02:08 AM   #10 (permalink)
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Tooled is my guess -- but I hope Penny Lady is right and I'm wrong!!!
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Old 05-15-2009, 02:09 AM   #11 (permalink)
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p.s. tooled or not, that's wicked cool looking & thanks for sharing this numismatic treasure!
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Old 05-16-2009, 01:07 PM   #12 (permalink)
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If you look at some of the old love tokens out there, some of these engravers were very talented. It's a stunning piece, would love to have it!
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Old 05-16-2009, 08:31 PM   #13 (permalink)
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Amazing is all I can - hand or machined it is very cool. Think I like about it is the color looks pretty original all around the coin and rim. Very cool indeed.
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Old 06-05-2009, 12:40 PM   #14 (permalink)
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I was just asked to post the results of what people thought about this coin. I had also posted the coin on the PCGS forum, and people there and on this forum pretty much agreed with what I had always thought, that the reeding was man made probably about the time it was minted, and the consensus agreed that the reeding was extremely well done by a professional and since the reeding is very even, it was probably machined most likely by a jeweler for decorative purposes. Thank you for all your input!
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Old 06-05-2009, 01:31 PM   #15 (permalink)
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I would be interested in knowing how they did that. The flutes (got a better name?) appear to have a lot of luster, but the only way I know that could be would be at the mint. I am pretty sure that is not the case due to the metal folding on the flutes. If you ever find someone who thinks they know how it was done. please post it.
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