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Coin and Paper Money Collecting/1860 Indian Head Cent
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Question
Should a 1860 Indian Head Cent with a 100º CCW ROTATED REVERSE (graded G-6) command a 100% premium from the price guides ? I cannot find any information on the web or my own books that helps. Thanks
Ron,
There is no standard amount of premium that a rotated reverse coin will get -- you just have to see what the market will bear. In my experience, I price it what I think it will sell for (in your case a 100% premium), and allow for negotiation (perhaps down to a 50% premium).
I wish I could be more specific, but there is no more guide than the open market.
Dan
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Answers by Expert:
Dan Moore
Expertise
My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.
Experience
I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.
Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814
Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm
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