1866 Indian Head Penny

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brandon2014

Junior Member

Joined

Apr 9, 2014

Messages

55

• Oct 10, 2014

• #1

I recently Dug a 1866 Indian Head Penny and it is in alright condition. The pictures I took are not the greatest I can read almost all of liberty pretty good under a microscope. BUT is it worth anything because I soaked it in Olive Oil and it has green corrosion on the back and the front see pics below. Also is it worth getting graded or am I wasting my money thanks

 

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dochalpin

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Nov 28, 2013

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Location

Wappingers Falls, NY

• Oct 10, 2014

• #2

That's in damn good condition.

 

matmit

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Jul 6, 2010

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Location

Mount Pleasant WI

• Oct 10, 2014

• #3

It is an excellent find, but if it were mine, I would not get it graded.

 

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brandon2014

Junior Member

Joined

Apr 9, 2014

Messages

55

• Oct 10, 2014

• #4

What do you think the grade is by guessing. Also how much do you think it is worth in this condition. Also did I hurt the value by putting it in Olive Oil

 

amc rulz

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Jan 23, 2011

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southern mich

• Oct 10, 2014

• #5

I believe it would come back graded "environmental damage", and maybe a grade. I do know that olive oil is organic, acidic, and will eat metal over time. Better to soak in mineral oil.

 

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brandon2014

Junior Member

Joined

Apr 9, 2014

Messages

55

• Oct 10, 2014

• #6

So it would come back environmentally damage because of the corrosion on the back and front. What do you think it is worth in the condition it is in now?

 

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Bigbuck1975

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Jun 10, 2013

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593

• Oct 10, 2014

• #7

Don't grade it, not worth the money. Value is in the $20 range IMO.

 

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budaf250

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Sep 8, 2012

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Spring Hills FL

• Oct 10, 2014

• #8

The detail on that coin is unbelievable.

 

jkernea

Senior Member

Joined

Nov 25, 2010

Messages

380

Location

Georgia

• Oct 20, 2014

• #9

Verdicare is the product you need to condition that coin and preserve it for years to come. Great find!

 

Foiled

Senior Member

Joined

Apr 23, 2013

Messages

447

Location

Oshkosh, WI

• Oct 24, 2014

• #10

ya as said with that corrosion you would get back an "environmentally damaged" grade. negating the value of grading it altogether imo.

olive oil isnt the worst thing but a spec of vasoline lightly rubbed onto the coin and a 2x2 would prob be your best bet to preserve the coin from now on

 

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DaMangRon

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May 18, 2012

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Central Jersey

• Oct 25, 2014

• #11

I would say somewhere around $15. Check for a rotated reverse though...that'll add another $10 to it imo.