[BANNER] 1877 Indian Head Cent - The Big Key Date!
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  1. #1

    1877 Indian Head Cent - The Big Key Date!

    I found this 1877 Indian Head Cent this past Saturday morning on my second visit to a new site.

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    A colonial-period house once stood at the site which offered easy short cut grass for hunting, but little was found on my first 4-5 hour search a few weeks ago. I recovered a tombac button, a musket ball, a Wheat penny, and a Buffalo nickel. Saturdayís search was offering equally dismal results consisting of a modern dime (several inches deep ), a quarter, and a foreign coin recovered over a half-hour search, so I started working my way back to the car. I had other sites to search that morning. I was hoping for one more high-tone signal before leaving, and soon passed over just such a signal about 6Ē deep. I cut a plug and removed an Indian Head cent with far less corrosion in comparison to what I typically encounter. I gave the coin a light rub and was surprised with the date of 1877. I knew the key date for the Indian Head series was somewhere in the 1870ís neighborhood. ďHmmmmm, was it 1872, 1874, or 1877? Did I have the big key date? Nahhhhh! The key date is 1874. If itís 1877, than I must be misreading the dirt-encrusted date. Itís probably 1879.Ē

    Anyway, I found the coin about 8:00 a.m. and enjoyed considering the possibilities throughout the remainder of the day while running errands, attending to family obligations, and so forth. In the late afternoon, I finally got home and took a closer look at the coin. It was clearly dated 1877; all finished with Step One. Going to Step Two, I got out my old 2006 Red Book and scanned through the dates, ď1877 Ė Good-4 Condition (near bottom of the grading scale = $575, Very Good-8 = $750, Fine-12 =$1000. Iím not one to overly focus on the value of finds, but thereís some pride in finding a coin that garners such prices, as it reflects the coinís importance as the big key date of a popular coin series. Iím primarily interested in colonial-period finds Ė the big coppers; however, Iím also a coin collector, so finding a key date is a thrill. Iíve dug hundreds of big coppers and Indian Head cents over the years, but I had no expectation of ever finding the 1877 key date Indian Head cent. Most of my recovered Indian Head cents are too corroded for positive dating, so I was very lucky to recover the key date coin with a tolerable amount of corrosion and a fair amount of detail. The coin is clearly a dug specimen with corrosion. Itís worth a fraction of the cost for a non-dug specimen, but Iíll take it and why not? How could I beat it? I donít think Iíll being digging up any 1877 Indian Head cents in Mint State-Red condition, already slabbed as it comes out of the hole.

    Good Hunting!
    Last edited by Silver Tree Chaser; Aug 02, 2014 at 03:30 PM. Reason: typo
    got Mass Silver?

  2. #2
    us
    Jun 2012
    Northeast PA
    Minelab Etrac Garrett Propointer Garrett Propointer-AT Sampson T handle shovel
    9,077
    10611 times
    All Types Of Treasure Hunting
    Honorable Mentions (1)
    Awesome! Still in real nice shape too!
    Silver Tree Chaser likes this.

  3. #3
    us
    Its not what detector you own, its what you do with it!

    Apr 2011
    E-Trac, Safari, Cortes, Musketeer, Makro Pin-Pointer
    3,979
    2244 times
    Metal Detecting
    Honorable Mentions (3)
    Thats a sweet one there for real !!!
    Silver Tree Chaser likes this.

  4. #4
    us
    Feb 2008
    Santa Fe, New Mexico
    Whites, MXT.
    8,564
    4876 times
    All Types Of Treasure Hunting
    Outstanding Find for sure ! I'm going BANNER - this is a really tough find ! We see more G.W. buttons found than 1877 IH's !
    CONGRATULATIONS !!!!!!!!
    Silver Tree Chaser likes this.

  5. #5
    Charter Member
    us
    Fly Navy!

    Jun 2008
    York County, PA (USA) Brevard County, FL (USA)
    31,029
    14316 times
    All Types Of Treasure Hunting
    Nice find! Thanks for sharing...
    Silver Tree Chaser likes this.
    .:: We SaluteOur Veterans ::.

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  6. #6
    us
    J DIGS

    Jun 2014
    Three Rivers, Michigan
    Garrett GTAx 1000
    246
    266 times
    Thats an awesome find! I love IH and to find one that rare, simply awesome! Well done!
    Silver Tree Chaser likes this.

  7. #7
    us
    Jul 2010
    Indiana
    Garrett AT Max
    388
    554 times
    All Types Of Treasure Hunting
    Honorable Mentions (1)
    Good find! I've been hoping for a "77" also.
    Silver Tree Chaser likes this.

  8. #8
    us
    Artist

    Mar 2012
    Riverside, CA
    Bounty Hunter Pioneer 202, Tesoro Tiger Shark, Garret Pin Pointer
    610
    188 times
    Metal Detecting
    Amazing find! I discovered one in my dad's coin collection. It had a gouge through the last seven. He was still able to get a couple hundred for it!

    My 2012 Red Book says:

    852,500 minted
    G-4 $900
    VG-8 $1,100
    F-12 $1,550
    VF-20 $2,000
    ...
    MS-63 $4,500

    Congrats! That is one that most people won't ever get to cross off of the metal detector's bucket list.
    Silver Tree Chaser likes this.
    2015 Running total (face value): 103 coins @ $5.76
    Silver: 1945-S Nickel, .925 ring, 1963-D Dime

  9. #9
    us
    15 Minute Hunts

    Jul 2014
    Indiana
    Bounty Hunter Lone Star Garrett Ace 350 Garrett AT Pro Garrett Pro-Pointer
    28
    29 times
    Metal Detecting
    Terrific find indeed, congratulations on that one!
    Silver Tree Chaser likes this.

  10. #10
    us
    Coin licker

    Jun 2013
    New Jersey
    Minelab Excalibur II XP Deus Garrett pro pointer XP Deus MI-6 pinpointer
    9,528
    10940 times
    All Types Of Treasure Hunting
    That is cool, I love those Indian Cent coins, your 1877 is a nice specimen, I would love to find one like that, congrats!
    Silver Tree Chaser likes this.
    I love this hobby so much, now I'm a coin licker!

  11. #11

    Nov 2004
    Indian Wells Valley, CA
    178
    135 times
    It's a bummer you didn't get that colonial you were looking for. Might as well just throw it back in the field.

    All kidding aside, that is a very rare coin to see on here. And yours is in good condition. Congrats on getting the most sought after Indian Head, and I vote banner.
    Silver Tree Chaser likes this.
    Silverseeker; Indian Wells Valley, CA

    6000 Di Pro SL, M6

  12. #12
    us
    Anthony

    May 2013
    City of Rensselaer (upstate NY)
    Minelab Equinox 800-Explorer SE -Sovereign-GT- -Whites 6000 Di pro SL-Specturm XLT.
    8,001
    6948 times
    All Types Of Treasure Hunting
    The key date 1877 IH..Outstanding coin find looks like it has full liberty too$$$$$$$$
    Silver Tree Chaser likes this.

  13. #13
    Expert in Colonial American Coinage

    Jun 2013
    New York
    CTX 3030
    1,533
    2761 times
    Metal Detecting
    Banner Finds (2)
    Honorable Mentions (2)
    Way to go! It's not only a '77, but it's in decent shape as well. Was probably XF when lost. Key dates are always a great find. I found an 1804 large cent earlier this year and couldn't believe it.
    Silver Tree Chaser likes this.
    Best finds for 2017
    1789 One Real
    1883 & 1857 Seated Dimes
    1787 Fugio
    1795 Liberty Cap LC

    Previous Best Finds
    1871 British Gold half sovereign
    1759 Pistareen, 1782 & 1788 2 Reales
    Multiple Half Reales
    1795 & 1805 Half Cents
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    Multiple Seated Dimes, quarters and 1872-S half dollar
    500+ Indians incl nice 1864-L, 1908-S
    4 NJ Coppers
    6 CT Coppers
    1786 VT Landscape
    1852 3 Cent Silver

  14. #14
    us
    Feb 2013
    Luzerne County, Pa
    Fisher F75, Garrett ATPro, Garrett GTAx 500
    8,640
    9330 times
    Metal Detecting
    Honorable Mentions (2)
    Threshold beat me to it. I was going to give you the current Red Book value too, lol. incredible find!
    Silver Tree Chaser likes this.

  15. #15
    us
    Title? old fart

    Jun 2014
    mid western ARK
    XP Deus with 9"LF and 9" HF Coils and 600 Equinox with stock and 6" coils
    8,693
    12804 times
    Relic Hunting
    Honorable Mentions (3)
    awesome coin
    Silver Tree Chaser likes this.
    LUKE 15 : 8 "OR WHAT WOMAN, IF SHE HAS TEN SILVER COINS AND LOSES ONE COIN,DOES NOT LIGHT A LAMP AND SWEEP THE HOUSE AND SEARCH CAREFULLY UNTIL SHE FINDS IT?" 15 : 9 "AND WHEN SHE HAS FOUND IT, SHE CALLS TOGETHER HER FRIENDS AND NEIGHBORS, SAYING, "REJOICE WITH ME, FOR I HAVE FOUND THE COIN WHICH I HAD LOST!"

 

 
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