What would you pay for this 1909-s Indian head penny ???

Discussion in 'Coin Chat' started by Doug1974, Mar 6, 2015.

  1. Doug1974

    Doug1974 Active Member

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  3. coinman1234

    coinman1234 Not a Well-Known Member

    I would pay around $550 for a coin like that, I think it grades around Fine-12.
     
  4. kanga

    kanga 65 Year Collector

    Nothing.
    It's not slabbed.
     
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  5. coinman1234

    coinman1234 Not a Well-Known Member

    Not even a cent???
     
  6. -jeffB

    -jeffB Greshams LEO Supporter

    Details. Corrosion on the reverse.
     
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  7. Markus1959

    Markus1959 Well-Known Member

  8. coinman1234

    coinman1234 Not a Well-Known Member

    I never took that into consideration. I guess the value would be lower now.
     
  9. Doug1974

    Doug1974 Active Member

    Wow you have A LOT to learn !!! :vomit:
     
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  10. Doug1974

    Doug1974 Active Member

    I am thinking $325 ???
     
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  11. coinman1234

    coinman1234 Not a Well-Known Member

    I think I could agree on that. It is not severe corrosion.
     
  12. rzage

    rzage What Goes Around Comes Around .

    The corrosion could be stopped very easily . Also if sent to NCS it would then probably grade . I'm in the $300 area .
     
  13. Kirkuleez

    Kirkuleez 80 proof

    I'm at about $400.
     
  14. chip

    chip Novice collector

    I would not make an offer on the coin, it would not "fit" with my collection.
     
  15. davidh

    davidh soloist gnomic

    It's hard to tell from your photograph but the "S" bears a closer look. It doesn't appear to be as open as a genuine 1909S Indian. This year/mint is know to have been counterfeited.
    09s.JPG
    [​IMG]
     
  16. rzage

    rzage What Goes Around Comes Around .

    Good eye , I didn't even look at the S . But the loop and especially the top loop of the S should be open where the ops S seems narrow . Since these are found with added MM s the op should check to make sure it's right as it may be the shading of the pic just makes the top loop appear closed .
     
  17. eddiespin

    eddiespin Fast Eddie

    Kanga, lol, he didn't ask what we'd pay for the slab, he asked what we'd pay for the coin.

    Look, I get it. He wants something like that attributed. Yeah. If he doesn't know what he's doing, he sure does.

    I agree with coinman1234, she's F12. Haven't looked at the market on these in that grade, so won't chance a guess on that.
     
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  18. kanga

    kanga 65 Year Collector

    Yep, that's pretty much it.
    In decreasing order of importance:
    1. Authenticity
    2. Originality
    3. Grade

    I always put grading last since I know I can do a reasonable job with that on most coins.
     
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  19. Doug1974

    Doug1974 Active Member

    Thank you !!!
     
  20. STU

    STU Active Member

    I would have to have it graded just to make sure it the real deal
     
  21. joecoincollect

    joecoincollect Well-Known Member

    If I knew for sure it was genuine, I'd pay 50 or 60 since that's all I can afford, plus the minor corrosion on reverse is a problem for me. At least I know if I tried to sell I'd get that remark from a dealer
     
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