I pulled this out of a roll that was near the bottom of a box. It is the nicest Indian head penny that I have found out in the wild. It hasn't been graded, but if it were to be, what grade do you think it would receive? I'm guessing anywhere from a VF 20 to an XF 40. I highly doubt it's any higher than that. "LIBERTY" is easily visible. There is some wear on the reverse that is noticeable.
I have found 3 or 4 IHCs in the last few months. Also, my boss gave me an IHC that he had because he knew that I collected coins. I'm not sure if he found it in the drawer or if he already had it.