I received a box of coins from my uncle and this one caught my eye. 1863 Indian with a strike through error. I want to know 1 is this really a strike through error and 2 should I spend the money to grade this.
Thanks I’m fairly new in the coin collecting world and not sure if this is going to be my first one to grade.
Welcome to Coin Talk. IMO it would be easier to give you some information if you took clear photos of the coin removed from the 2x2 holder. The glare from the plastic is too bright.
Yes Welcome Wyoming. You've found the right place to find out everything you'll ever want to know about coins, and then some. Dont be affraid to ask questions. The only dumb question is the one you dont ask. It doesn't matter whether it seems like the question comes from the Beverly Hillbillies or Steven Hawking. Lol just learn and have fun.
There ya go. Thank you Chris. ............. and some times you just might get a dumb answer. We ain't purfect.
Strike-throughs are fun to collect but aren't extremely valuable. The coin without the error is not worth having graded add the error, in my opinion, still not.
As above, it could be a small struck thru area, but a photo of the coin, out of the 2x2 holder, with one photo of the complete obverse, and another of the same area, would be helpful. The surfaces look cleaned or otherwise not completely natural, but even if they were, the coin, and especially the error, are not worth slabbing, imo.
On older coins, mint caused defects, like struck throughs and clipped planchets can actually lower the value. A few years ago, I was negotiating for a high grade (AU-58) 1795 half cent that had a tiny planchet clip. The coin was raw (not in a third party holder), and I wanted it graded for registry set purposes. If the coin came back in a holder than mentioned the clipped planchet, the coin had a lower value than if it came back with that left unsaid. The clip was something 1% if that. The coin came back “normal” so I bought it for the asking price.
Thanks to everyone. Great info. I suppose I’ll keep it for another 100 years maybe then it’ll be worth something to the right collector.