Why are Indian Cents so underrated?

Discussion in 'Coin Chat' started by BigTee44, Jul 27, 2013.

  1. BigTee44

    BigTee44 Well-Known Member

    Why aren't the Indians value up there with some of the other coins of the era? I think they're nice looking coins but the values don't seem to show any interest.

    What are your thoughts on why Indian Cents aren't more valuable?
     
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  3. jloring

    jloring Senior Citizen

    I have no idea. All I know is I sell them "four for a buck" at the local flea market, and for that price, they sell quite well.
     
  4. RedRaider

    RedRaider Well-Known Member

    The mintage numbers were pretty high in most dates. Outside the "s" mintmarked coins and the run through the late 1860s-1870's, most dates can be readily found in higher grades.

    Any date in MS65RD will set you back $500 minimum for an accurately graded coin, which is definitely not cheap.
     
  5. Mainebill

    Mainebill Bethany Danielle

    I think it's cause they had a very high mintage numbers and also a very high survival rate and the design seemed to hold up well over time and circulation you see very many Indians in g-4 to f-12 less in higher grade very few in high unc especially red and also very few in ag-3 and below you almost never see one worn completely flat for some reason they seemed to hold up to circulation better than most designs so their common and easily found and collected still a good value for someone who wants 100-150 year old coins for little money
     
  6. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Look at any "era" and you will see that the smaller the denomination the cheaper the price. This is froma Supply and curve. There are just simply more of the smaller denomination coins out there then the larger ones.
     
  7. Mainebill

    Mainebill Bethany Danielle

    Not sessicarily you can buy a high grade 18th c silver dollar for sometimes less than a high grade large cent even more do with a half dollar early 1800s halves are far cheaper than a high grade large cent
     
  8. vlaha

    vlaha Respect. The. Hat.

    That's because more people collect large cents by die variety.

    Sheldon for the win:D!
     
  9. Mainebill

    Mainebill Bethany Danielle

    Very true but I think the true reason is the shortage of hard currency in this country in the late 18th and early 19th c they were "everymans" coins and they got circulated A LOT!! Low grade large cents from 1794 on (with a couple exceptions) are readily available but try finding anything over vf and your really going to have to pay for it and good luck with unc until you get into the Randall hoard coins of 1818-25 as far as the Indians they made tons of them
     
  10. z4298

    z4298 New Member

    The Indian penny is a beautiful design but they don't age well. Most are so dark you can't see the date. The ones that do look good tend to have been cleaned.
     
  11. coleguy

    coleguy Coin Collector

    I think they're simply overshadowed by the Lincoln cent. Lincoln's are far more common and most anyone is able to assemble the entire set with no problem and for very little money. It's rare to find any two coin types of the same denomination with equal popularity.
     
  12. Doug21

    Doug21 Coin Hoarder

    four for a buck is mighty cheap !
     
    Mainebill likes this.
  13. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    As a series with all things considered, I do not find them to be underrated.
     
  14. MorganDollarTJ

    MorganDollarTJ Senior Member YN

    i really don't know, the average price in just circulated condition i can get for $1.50 I LOVE them though and have quite a few of them. they are my favorite type of cent and one of my all time favorite coins
     
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