1864 L Indian Head Out Of The Junk Pile
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  1. #1
    us
    Oct 2010
    OH
    Minelab Equinox
    1,138
    495 times
    All Types Of Treasure Hunting

    1864 L Indian Head Out Of The Junk Pile

    Haven't been out in a while, but had to clear out my junk box. I throw all my junk in there and then sift over it, just in case. I knew I had some coins in there, but man, was surprised at what I found.

    I started digging out some wheaties. Nothing nice, but heck, wheaties are nice. Then I grabbed what I thought was another wheatie. I was thinking, man that is nice detail on that wheatie...then it dawned on me. I was looking at the back of an Indian Head. Yeah, I was in a sorting state of mind.

    Excitedly, I turned it over and was amazed to see the 1864 date. This thing is in nice shape - you can easily see full Liberty. And you can see beads on the neckline and the checkers on the ribbon. Amazing coin out of the ground. Now I'm kicking myself for not being able to track what site this came from. So, I look up the 1864 series and note the variances. Then I remember the "L" variance.

    I kind of hesitatingly grab the loupe and take a look. I mean, honestly, would you expect to see an L? I had to do a double take. An unmistakeable "L" behind the neck of the Indian. Unreal. Pointed bust makes it undeniable. Is there any worth in a dug copper like this? Regardless, I love it.

    Click image for larger version. 

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  2. #2
    us
    Dennis

    Jan 2012
    Montana
    White's MXT
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    Banner Finds (2)

    Re: 1864 L Indian Head Out Of The Junk Pile

    Wow! Nice shape.

  3. #3
    mikusek

    Re: 1864 L Indian Head Out Of The Junk Pile

    It should be worth something. Everything is crisp and easy to see. Hope corrosion hasn't damaged it.

  4. #4
    us
    real pirate

    May 2011
    NE Ohio
    Garrett Ace 350 and AT Pro
    3,195
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    Re: 1864 L Indian Head Out Of The Junk Pile


  5. #5
    us
    Artist

    Mar 2012
    Riverside, CA
    Bounty Hunter Pioneer 202, Tesoro Tiger Shark, Garret Pin Pointer
    610
    188 times
    Metal Detecting

    Re: 1864 L Indian Head Out Of The Junk Pile

    Here ya are friend--> http://values.hobbizine.com/indian-cents.html

    Your is probably fine grade? I dont know around $125

    My dad had a 1877. Ever since then ive grown fond of the indian head pennies. His was in BAD dhape but he still got $160 for it
    2015 Running total (face value): 103 coins @ $5.76
    Silver: 1945-S Nickel, .925 ring, 1963-D Dime

  6. #6
    us
    Its not what detector you own, its what you do with it!

    Apr 2011
    E-Trac, Safari, Cortes, Musketeer, Makro Pin-Pointer
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    Re: 1864 L Indian Head Out Of The Junk Pile

    Nice coin seems similar to mine. One of my pals looked at it. His eyes are better than mine. He says mine is an L but part of it appears obscured. That L is extremely tiny. Don't know if it would have much value, but am extremely happy to have found it. http://forum.treasurenet.com/index.p...,456797.0.html

  7. #7
    Charter Member

    Apr 2003
    Alberta
    Various Minelabs(5000, 2100, X-Terra 705), Falcon MD20, Tesoro Sand Shark, Gold Bug Pro, Makro Gold Racer.
    5,155
    5302 times
    Prospecting

    Re: 1864 L Indian Head Out Of The Junk Pile

    Wow! That says it all.

    All the best,

    Lanny
    Nothin' quite as fun as chasin' sassy nugget gold! http://www.treasurenet.com/forums/me...mysteries.html

  8. #8
    us
    Mar 2012
    Ohio
    White's V3i & DFX
    73
    35 times
    Metal Detecting

    Re: 1864 L Indian Head Out Of The Junk Pile

    Very Nice find.

    The value of copper types coins recovered from digging them up is a lot less than prices quoted in value guides.
    The surface of coins is critical when determining the state of preservation/grade.
    While this coin looks like grade EX 45 to AU 50 plus on details, the condition of the coin’s surface will reduce the grade and amount considerable. It is hard to tell from the photograph and without the reverse it is impossible to grade. It has corrosion so it has been damaged, which is generally true of all copper based coins retrieved from the ground.

    Fair market value for a non dug 1864-L penny:
    G4-$50 VG8-$70 F12-$120 VF20-$185 XF40-$245 AU-$285

    Being a coin dig, it is likely worth only a very small fraction of XF amount…could be as little as 10% or less. Depends on a lot of factors not shown in the photograph.

  9. #9
    lost hunter

    Re: 1864 L Indian Head Out Of The Junk Pile


  10. #10
    us
    Oct 2009
    Jersey Cape
    Fisher 1265X & CZ-7
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    Banner Finds (3)

    Re: 1864 L Indian Head Out Of The Junk Pile

    Quote Originally Posted by lost hunter
    lost hunter , 400 thumbs up smilies in one day another 80 to go C'mon yo sorry metal magnet these guys that don't write any words in replies to run up post #'s are a joke .. .. great 64 indian
    Where Ever You Go , There You Are
    I ignore threads with ALL CAPS titles .... if you crave attention: , get a puppy.
    Yogi Berra

    !

    daWG

  11. #11
    us
    Oct 2010
    OH
    Minelab Equinox
    1,138
    495 times
    All Types Of Treasure Hunting

    Re: 1864 L Indian Head Out Of The Junk Pile

    yeah, that corrosion loves to adhere to that nickel in those years. which is a huge bummer considering the condition. The '73 i dug has no bad corrosion, just the typical green patina. oh well. i still love seeing that green disk come out of the ground!

 

 

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