1869 Snow-1 Indian Head Cent

Discussion in 'What's it Worth' started by RedRaider, May 29, 2014.

  1. RedRaider

    RedRaider Well-Known Member

    I dont know if Im going to keep this one in my collection for very long. The last one to sell in this grade was back in 2007 and it brought $3000. It is currently tied for the finest known (PCGS MS64RB, CAC). Im pretty sure the spot in "OF" held this back from an MS65, as there are no visible marks on the coin.

    Anybody know just how rare this coin is and what I should price it at when I go to sell? My understanding is that there are about 10 known examples in all grades. Thanks,

    frame1.jpg obv1.jpg rev.jpg
     
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  3. coingeek12

    coingeek12 Well-Known Member

    very nice coin. i would keep it! (unless you need to sell it) It would be nice to give to one of your children or grandchildren. (or keep it to your grave) But if you want to sell it, sell it!
     
  4. doug444

    doug444 STAMPS and POSTCARDS too!

    From a purely economic standpoint, sell it and buy several other investment-grade pieces that are more liquid, and more likely to maintain their value(s) during a period of high inflation, which IS coming. I think we all know we can't "count on" grandchildren to do anything, except eat.
     
  5. Savy

    Savy Well-Known Member

    In your opinion, which coins are likely to maintain their value?
     
  6. RedRaider

    RedRaider Well-Known Member

    Thanks for the replies.....The reason I am considering selling this one is to thin out my 1869's. I have 5 MS 1869s right now.

    S-1 MS64RB PCGS CAC
    S-3 MS65BN NGC CAC, PS
    S-4 MS63BN NGC PS
    S-4 MS65RB (not designated on holder, but this would be a top pop with NGC)
    MS64RB PCGS CAC, nearly full RD.

    I figured this one would bring the most money and free up the most funds to add to my collection elsewhere.
     
  7. RedRaider

    RedRaider Well-Known Member

    Im guessing Silver and gold is what is being referred to here.
     
  8. doug444

    doug444 STAMPS and POSTCARDS too!

    No, not necessarily gold and silver -- the coins that you (RedRaider) know best. And you confirmed this, "...I figured this one would bring the most money and free up the most funds to add to my collection elsewhere." Among the coins you know best, and contribute to your collection(s), there are surely more liquid items, and you've answered your own question.

    P.S., you have more than your share of 1869's, so send me one. ;) I haven't added to my Indianhead set in 5 years. I will report your generosity to the NSA, and that will buy you some time...
     
  9. RedRaider

    RedRaider Well-Known Member

    HAHA....no need to report anything there because I am not feeling generous today!
     
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