1882 Indian

Looking for feedback or a rough grade on this 1882 Indian Cent. I'm thinking its a "proof" coin. There is some visible spotting.


Thanks

 

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I haven't seen too many proof Indians, but I think this may be one, also.

Maybe Proof-60 Red ?

The spotting is hard for me to overcome, but it sure is red.

 

please understand my ignorance, Isnt proof 67 or higher?

 

also.. All the letters in United look doubled, Or is that just the camera angle?

 

proof is just a methof of manufacture it might be even circulated and proof

 

The doubling you are seeing is called Longacre doubling.

 

As far as what grade "proof" begins I don't know. I do think this was a "proof" strike however, (not refering to grade). I didn't catch the letter doubling. I'll attach a close up.


Thanks

 

Is that coin really that color or is it the way you took the photo? Appears to be just a little to Reddish.

 

I have seen pr-50's so no they do not start 67 - well maybe for some of the TPG'ers. This could be a proof coin, the colors seem to be a more shinier or vibrant red. Not really sure how to describe them. Very nice coin.

 

Proof is definetely a coining process. Technically if you took lets say a 1990 S One Cent Lincoln Proof and rubbed it smooth it will always be a proof. Now the grade could be anywhere from PR-1 on up depending on the amount of rubbing you did.

 

Proof is just like Mintstate ( 60-70).but can go lower than 60 if the coin actually circulated and showed wear.

 

It is not a proof. Note the rims, especially on the obv. They are not sharp and square, the edge of the coin is rounded and does not meet the rim in a squared off corner.

 

Whats your best guess on this coin then? A well know collector/dealer and numismaticist in my local area looked at it and told me it was a proof but it looked like it may have had a cleaning at some time. I dont see scratch marks and the coin is definately bright.

 

Possibly cleaned, I don't like to discuss cleaning or color or even grade from photos because they can hide too much and I have no way of knowing if what I see on my screen is what the coin really looks like in person. Quite possibly struck from new dies. That would explain the unusually nice surfaces and the strong Longace doubling. (early die state) On the other hand i see some areas of the coin which seem to indicate that the obv die was heavily polished.

 

In your opinion, would it be a "waste" to slab this coin?

 

To me it depends on what you are trying to accomplish. If you want to pay for another opinion I would send it to ANACs - at least you would get an opinion on whether it is a proof or cleaned.

The first is one all the dealers agree is proof - the other is from a circulation strike IHC.

 

Thanks for the photo's on Proofs and Circulated IHC's they will come in handy!!!!! Not looking for another opinion so to speak, just wondering if this coin is worthy of slabbing. Since its probably not a proof, that would mean its a polished or cleaned circulation strike that doesn't have much value. So slabbing would be a waste of $$.


Thanks

 

Boy my original post sounded bad and that is not what I meant. I should have said - if you still think it is proof it might be worth the cost to get a professional opinion. At the same time with ANACs at least you would get a slab with what the problem is on it. I still think it might be a proof- the color and what I think I see says proof to me, but I am not an expert. Not sure what a 1882 MS details coin would bring.

 

No proof is just the method of manufacture . With polished planchets & 2 or 3 strikes . If a proof has damage it will lower the grade ,look in the Redbook , they list proofs at PR-63 ,If it has wear it will grade under 60 , such as PR-55 .
rzage:smile:whistle::hatch::hammer:

 

I'd send it to ANACS . Nice strike & color .
rzage