Ep.19 - Selecting QUALITY Indian Head Cents w/Eric Lindholm of Sublime Cents #coin #collection
This blue and purple color is a oftenly it's a commonly created or manufactured color scheme that you really wanna look out for because this is not original. This is not how coins like, in the in the nineties and February when the grading services were kinda coming around, graders at the time didn't see blue and sort of this, like, that exact kind of purple, like, magenta y color. These coins didn't really exist back then. This is a product probably of, like, MS 70 or some other sophisticated techniques to create coins of this color.
Tony Gryckiewicz:Right, folks. Welcome back to the Cabbage Coins Podcast. My name is Tony Grekevich. I am the owner operator of Cabbage Coins. I specialize in rare coins, high end numismatics, just good quality coins for your collection.
Tony Gryckiewicz:That's kind of what I focus on. I mostly do business on Instagram, but I also have a website now cabbagecoins.com. And of course you can meet me at a lot of different coin shows. And today's episode, before we get into the episode, I want to talk a little bit about the channel. Channel is growing.
Tony Gryckiewicz:The channel is doing well. My target goal for 2025 was to reach a thousand subscribers. I think I'm right around nine forty, nine fifty, something right around there. So I should be able to crush that goal. I'm really excited about that.
Tony Gryckiewicz:Looking at the YouTube analytics, I see that about 80% of the people watching this channel are first time viewers, which is fantastic. That means that the channel is growing. All I'd ask all you news, new viewers is to subscribe to the channel please, to like, comment, subscribe, share the episode if you found it helpful. And this is going to be the first episode in a little series I want to do on various US coin series, such as Indian Head Center, which is what we're going to talk about today. And I wanted to do an interview with a specialist and I want to learn and get the advice of this person about how to select quality examples of that particular series.
Tony Gryckiewicz:So how do you make that selection? And so I thought, why don't we do some interviews with a specialist in a particular area that can give us the inside scoop and kind of like the insider's edge, so to speak on how to select good quality coins that particular series. So without any further ado, we have Eric Lindholm. Eric is the owner of Sublime Sense and Eric is a specialist in Indian Head Sense. And I've known Eric for a couple of years now.
Tony Gryckiewicz:We did the ANA summer seminar together. We celebrated your was it your 20 birthday? Yep. Yeah. 20 birthday with a group of people in Colorado Springs together.
Tony Gryckiewicz:That was a lot of fun. And Eric is a very enthusiastic guy. He knows Indiana's head sense really, really well. He taught me something recently about how to look for a good quality strike on Indians HeadSense. I said, Why don't you come in?
Tony Gryckiewicz:Let's do an episode together and let's teach everybody how to select really high quality examples, what to look for, what not to look for. So Eric, I want to turn it over to you, give you a chance to introduce yourself and your business. Tell us a little bit about what's going on in your world.
Eric Lindholm:Awesome. Well, thank you for having me on, Tony. Super passionate about this series. It's something I've been in since 2016. And the reason I got into Indian Head since, this is kinda full circle that this is gonna go on YouTube because it was from a YouTube video itself that taught me that there was coins in circulation.
Eric Lindholm:This was particularly Lincoln cents and coin roll hunting content. Coin in circulation worth $200 I'm like, Wow, I was 15 at the time. I'm like, Wow, let's go to the bank and how to have my mom take me to the bank, actually, to go look through these coins. And long story short, first year in, I think about maybe this was my fifteenth or twentieth box of Lincoln cents. I find an Indian cent in a machine wrapped roll.
Eric Lindholm:I was like, Oh my goodness. It was a 1903 and good, just sitting in the middle of a machine wrapped roll, and that just sent me down a rabbit hole. I bought the Red Book. I made my first cherry pick of an Indian. So I wasn't doing this for profit in the beginning, just for fun, but I found an $18.64 L on eBay that wasn't designated as an L.
Eric Lindholm:And for those of you that don't know the series very well, in 1864, there's two types for the Bronze series, the eighteen sixty four no L and then eighteen sixty four with L. The one with L is worth maybe double in certain conditions, and it's worth a lot more. So I found a corroded one with L. I took it to a coin shop, had the owner verify it was an L, and I put it on eBay, made $15.05, and I've been hooked ever since. That's how I got into Indian headsets.
Tony Gryckiewicz:Nice little nice little profit there on a Oh, yeah. A penny that you well, you paid a penny for it. Right? You paid one The cent for
Eric Lindholm:one I found on the coin roll, I actually kept. But the one I found on eBay, I paid like $10, sold it for $30. And after the fees, dollars 15 and 5¢. I'll never forget.
Tony Gryckiewicz:All right. So you work with individual clients, right? Individual collectors. You build collections for them. Yes.
Tony Gryckiewicz:You recently had a particular event occur with one of clients. Is that right?
Eric Lindholm:Mhmm. I'm glad you brought that up. Yeah. So I wanted to dedicate today's episode to my longest mentor and my first client, and the person I knew the longest in the coin industry. He wants to be anonymous, but I'm gonna call him the plant doctor in this episode.
Eric Lindholm:I met him when I was 17, and he was the world's best a u 58 Indian scent collector, like the Everyman series. He collected pristine a 50 eights, nearly a complete variety set of the varieties, and he was just such a good man to me. He mentored me so much in so many ways. So I wanna dedicate this episode to him, and he's he's inspired me to really you know, what he told me is I want you to be a big coin dealer one day. That was before I even really believed myself that that was a path I was gonna go down.
Eric Lindholm:So I'm gonna speak if I speak with a little more passion today, a little more vigor, it's for it's for him. So, yeah, I wanna dedicate that episode to him.
Tony Gryckiewicz:Alright. Sounds sounds good. So what is it about the series that still cat captivates you after all of these years? I mean, I'm being completely this isn't my number one area, my number one series. But I think that after today's episode, after recording this episode, that might change for me a little bit.
Tony Gryckiewicz:The reason why I know that staying at Liberty Quarters before I did the episode with Tony Littlejohn, I knew very little about the series. So the series really didn't come alive for me yet. I did the episode with Tony Littlejohn. I learned a lot about these estimates and about how difficult some of those estimates are. Now it's gotten me excited about finding good quality examples of those.
Tony Gryckiewicz:And I think, and I'm hoping that today's episode is going to work the same way with me for Indian Headsense. But for you, after all these years doing these, doing this particular series, what is it about this series specifically that captivates you and keeps you going?
Eric Lindholm:There's so many sub markets to the Indian Scent series. I mean, it's a very long series. It's from 1859 to 1909. There's three types, 59, then 60 to 64 copper nickel, 64 to nine bronze, and there's just so many sub markets, like I mentioned. So I have clients that do Indian cents that collect completely different kinds of coins.
Eric Lindholm:There's the red collecting subgroup, which is a huge market, like high end reds, like sixty five's, sixty six's, sixty seven's. That's a separate market. There's the variety guys that collect the snow varieties very seriously. That's a market. There's the everyman market for 58 Indians, which was very, very hot a couple years ago.
Eric Lindholm:I mean, scaldingly hot for like 58 pluses. There's that market. There's the Toner Market, which you'll see some examples today. There's just so many different markets within the series, and as I've matured, started with varieties, And in the last couple years, I've really felt like I've done a ton with varieties, sort of maxed out. I found a lot of them, built some big sets, so now it's onto the reds, the toners, the proofs.
Eric Lindholm:I mean, there's just so much within the series. Very rich, in my opinion. And it's a tricky market too. Think it's wise if you don't know them to not pay a premium, unless there's certain types we could talk about that are very good still. But Mhmm.
Eric Lindholm:Yeah. It's just a tricky market. Yeah.
Tony Gryckiewicz:Yeah. Well, let's get into some of this stuff. Okay. So what we're going do is we're going to walk through these 15 examples. Eric selected these as great examples for us to talk about some particular aspect of this Indian Head Scent series that is kind of important to know if you want to make good kind of choices or make good purchases in this particular series for building a collection or otherwise, even if you're just a type collector and you're looking for one example of the major types, Eric's going to help point us in the right direction and give us some of that advice.
Tony Gryckiewicz:So let's get started. What are we looking at here? So we're looking at a 1908, I don't know if this is branch mint or not. Doesn't look like '19
Eric Lindholm:No, 2008 That's good. That's good thinking though. Yeah. It's first year of the estimate for the cent.
Tony Gryckiewicz:Okay. So I'm looking at this one. So what stands out about this particular coin? What what do we want to focus in on?
Eric Lindholm:So this is a coin I highlighted for color originality and a color you do want to look for. So this whole list is gonna be a list of do's and don'ts for what you wanna buy and what you don't wanna buy. And I just wanted to highlight this color, this color combination here, the yellows and the light reds. If you take a look at the reverse, there's a little bit of green, which is, I'm wearing the green shirt today, kind of the Sublime, sort of that kind of color. This is a very original color pattern and type.
Eric Lindholm:I know you had a really great talk with Jacob of Monsters Tone Morgans. He talked a lot about color and how, where it came from. This, I'm not an expert in terms of the chemistry, but over the years of seeing coins, this is a very rare and desirable pattern of color, a very desirable toning on this You wanna look for examples that have not the purples and blues, which are much often more faked. You wanna look for colors earlier in the spectrum of the rainbow, the reds, the oranges, the yellows, the greens. And they're not always gonna be super saturated.
Eric Lindholm:They're gonna be a little bit lighter. Sometimes they can be very saturated and original, but this is a coin that's just an outstanding example of originality and a coin that does command a real premium in the market.
Tony Gryckiewicz:Yeah. I can't stop looking at the pattern, the color patterns on the reverse here. This is Mhmm. This is excellent. This is right in kind of the zone that I'm not good at recognizing colors, but we have kind of a we got some reds here.
Tony Gryckiewicz:And what else am I looking at in terms of the the various color patterns?
Eric Lindholm:Little bit of, like, light green, like mossy green, a little bit of yellows and oranges. Those are great colors. We're gonna look at a proof later that really exemplifies this for proofs, this is a mint state example. Yeah. So this is a very niche type of collecting.
Eric Lindholm:I have a collector that is trying to collect a set of rainbow toned Indians. And this is like a light rainbow. It's not like a super crazy one, but that's just really hard to find, and I wouldn't and I think, especially to the contrary, when you see the other scents I selected in terms of color, you'll see the difference.
Tony Gryckiewicz:Okay. So moving on then to this '18 o 1894, and I see this incredible doubling here in the in the date. That's one thing that stands out to me. The other thing that stands out is very well looks like a very well well struck. I mean, it's very crystal crisp and and nice and clear.
Tony Gryckiewicz:In terms of originality, I mean, I I see a lot of mint mint frost and a lot of really great great luster through here. So so tell us
Eric Lindholm:about You honestly covered a lot of it there. Yeah. Like, coin I selected, the Doubleday is awesome, and that's a totally separate fact. I can touch on it now though. This is one of the top five major varieties for the series, meaning you don't even need to pay for these to be attributed.
Eric Lindholm:PCGS will put 1894 doubled date. 1894 over 1894, and it'll say doubled date on the holder. So this is one of the top five varieties of the series. And if you're putting together a set, I would highly recommend you at least try to get the top five. Although, there is a couple that are pretty pricey and unattainable, but this is one of the examples that, at a lower to mid grade, can be affordable.
Eric Lindholm:But, yes, the double date is amazing. This is a '65 plus red, one of the finest double date examples. This coin sold for $20,000. Wow. There's only two in '66.
Eric Lindholm:A 66 CAC recently sold for 37,000 on Great Collections, but the reason I brought this coin up is you picked up on it, the mint frost, like the correct sort of frosty original red color. In hand, the luster is really I mean, frosty is just the perfect word. It's kinda it's not super cartwheel. It's a little bit softer, but it really rolls nicely. And you'll we'll see the the opposing example, but when you can find coins with this kind of red these kind of red surfaces in a at a reasonable price, you should try to pick them up, especially if you're a red collector.
Eric Lindholm:This is what the market rewards is coins that look like this.
Tony Gryckiewicz:It's good to know. So for those out there, Kyle, I'm gonna clarify a couple things. One is we're talking about, like, being a red collector. We're talking about an individual attempting to select Indian headsets that all have a full red designation. Any copper coin is going to be attributed as, or being be graded as either having a red color, a red brown color, or a brown color.
Tony Gryckiewicz:And it has to do with how much of the original mint red color is left or remains on the coin because copper, when it's struck is struck as a, as a red coin, but in over time with oxidation and whatever, it changes and transitions to being more of a brownish color. And so that color is part of the grade at PCGS or NGC or CAC grading. The color is part of the grade. And so it being a red collector is somebody who is looking only for red examples. Obviously, as you might imagine, that's really tough to find.
Tony Gryckiewicz:Can be depending on the coin, guess, and the age of it, but that could be really tough to find. We're talking about frostiness. This is a good example, I think, you know, to look at, like you said, it's hard to describe what I mean. It's almost just like you have a fresh layer of snow that's just fallen on the ground and it has just kind of like these little bit of like ripples or those little bit of texture across the layer of the snow. In my opinion, that's what sometimes the surface looks like when it's freshly struck or it's just been struck and it has a lot of that, that, that, that what we call frostiness on the surface.
Tony Gryckiewicz:And so this is something you, I guess, want to look for in terms of original, nice original surfaces. I just, I can't get over to strike because you can just tell through here how well struck it is, but then you just going into our, our feather tips here, this is very, very well, nicely well struck.
Eric Lindholm:Absolutely. Yeah. And we'll we'll talk about strike more, and we can almost have a oh, on the reverse too on this one, actually, there's a good example of the striking as well. You zoom in on the scent there Okay. Underneath.
Eric Lindholm:See, there's, like, dye lines running through the end there and the t.
Tony Gryckiewicz:Yep.
Eric Lindholm:It's it's a little bit subtle, but this coin is absolutely hammered off of fresh dyes.
Tony Gryckiewicz:And
Eric Lindholm:fresh dyes meaning the dyes were polished by the mint worker.
Tony Gryckiewicz:Okay.
Eric Lindholm:So that's some subtle things you could tell, but you're right. Just the tips are I mean, everything is just sparkling.
Tony Gryckiewicz:I I mean, the the strike of the all this whole wreath here is is really I mean, it's just excellent. And like you said, they polished the the dyes. You still see the dye polish in there. Now this is a run of millions of coins, right? This is a mint state.
Tony Gryckiewicz:This is a business strike. So this would have been at the front end of striking millions, right? Of this particular coin. Is that right?
Eric Lindholm:You could say it will die life. I'm trying to remember so in Rick Snow's book, which is a great resource, it's like the definitive guide for Indian HeadSense, he has notes on every year, like, the approximate die usage. I'm actually not sure off the top of my head how many. And for this double date, it probably it probably struck like thousands of them. Then they're like, oh, no.
Eric Lindholm:The date's doubled. We need to we need to change that obverse die. You know? So Yeah. But, yes.
Eric Lindholm:Typically, they struck hundreds of thousands to millions of coins, you could say, especially for the later dates, which we'll see later.
Tony Gryckiewicz:Okay. Alright. So now we're moving switching gears here. This is I don't believe a mid state example does not make a mid state example at all
Eric Lindholm:to If
Tony Gryckiewicz:I had to grade this, let's just let me give it. Let me see how good my grading skills are on this particular this. I think this coin I don't really see a lot of luster, but there's a lot of good detail. The luster might be just kind of subdued. I don't want to go into XF.
Tony Gryckiewicz:I want to say something like AU 55 for this coin.
Eric Lindholm:You're close. You go a little bit higher. It actually graded AU 58 plus, which is kinda kinda crazy. But the store I'll tell you quick story. The coin was an NGC MS 61 holder.
Eric Lindholm:I think it has more luster than the image gives on, so that's not your fault. You're not looking at it But, in yeah, it does look circulated. And the thing I wanted to highlight about this coin is this for circulated coins, I wrote this in our email, for because not everyone can afford or wants to collect minstate coins. I wanted to make this there are a lot minstate coins in here because that's what I deal with. That's where the money is.
Eric Lindholm:However, for circulated coins, that's a huge contingent of the collector base. And one thing I wanna talk about is surface preservation and the patina. This is a really good example of some of the color and the technical quality you wanna look for on a circulated example. There is a little bit of dirt, as you can see in the devices and stuff like that. It's not as bad in hand.
Eric Lindholm:Sometimes TrueViews can accentuate flaws or things, but that is something to note. There is some dirt or some light vertebrae that probably could be cleaned, but I didn't I didn't touch it. If you look at this coin's just color, sort of that chocolate, that chestnut brown I think chestnut brown's a very appropriate color for
Tony Gryckiewicz:this. Yeah.
Eric Lindholm:That is a color as a circulate collector. Whether you're going from a 58, which is where I have a lot of experience in, to, like, g fours or a gs, you still wanna look for the right color. Because, conversely, some images down, we're gonna look at some that don't have the best surface preservation or coins that have an old cleaning and how that manifests on circulated coins. This coin has a lot of luster, a little bit of, like, that olive, like, kind of bluish toning, which is natural. These coins, some of these coins, the way they were stored, just get this sort of like light olive, light blue, light green color, as you can see, which is very original.
Eric Lindholm:But we're gonna look at what's not original too later down in the photos. Okay.
Tony Gryckiewicz:Yeah. I I do love this coin. This is one of these just give me a ballpark here of approximate value on this coin.
Eric Lindholm:It's like $1,500 coin.
Tony Gryckiewicz:Okay.
Eric Lindholm:With the plus though, it helps a little bit, but it's a 67 over 67 variety. That's also why. So you see, it's another I'm major kind of throwing these in there, I guess. I'm I'm realizing for the for the audience. It's another good major variety.
Tony Gryckiewicz:Kind of the overdate happening right here. I I didn't mention it, but I noticed the the overdate. I guess my point was gonna be is that sometimes the coins that we love the most aren't the ones that are graded the highest and are not necessarily the most expensive coins that we have, but they are just the coins that are the most satisfying. I could see this coin as being something that's just very nice and satisfying as an example of a circulated Indian headset. Absolutely.
Tony Gryckiewicz:Very nice. Very nice. Alright. So moving on. I take it this is a proof.
Tony Gryckiewicz:Yes. We have some wild colors here. That is for sure. Take it away. Tell me what am I looking at here?
Eric Lindholm:Yes. For all you proof Indian scent collectors, these are awesome coins, and I would recommend I mean, anyone that enjoys them to get into them. And like I was talking about with that mint state coin, natural colors on proofs are more the red, orange, yellow, light green, you know, colors. It's like a Christmas tree color, as I like to say. Just very natural, beautiful, original color that the market does reward.
Eric Lindholm:That can be a whole another episode of talking about value differences between colors and that whole thing, but just a great example of the right
Tony Gryckiewicz:think that's always it's always interesting to me. When I started this podcast, one of my focuses was on helping to talk about the market specifically, help to kind of demystify the market for people. A color like this, what kind of premium does this bring to this particular coin?
Eric Lindholm:I would say between a 20 to 50% premium. And I trade on these too, so I'll try to buy them for like sort of a regular price and find a collector that is willing to pay up. But there's auction premiums to back this up too, not just private sales as well. Yeah. So to to where this color like, I could bring up examples maybe another time, but with this color, these patterns, if you just look at auction comps, when you see an unusually high comp for approved for mint state, it's got color, I have a good inclination that there's a reason why, and it'll usually have some really beautiful original colors.
Eric Lindholm:I love the reverse too. That just sort of tells the story of the coin. The reverse is more of its original color from the mint. It's just got a little light toning on the edges, and that's probably the side that didn't tone much. But the obverse side was probably the one that was exposed, you know, to whatever chemicals, you know, what do you call it?
Eric Lindholm:Like, or, like, bag or air or whatever that created that color.
Tony Gryckiewicz:Yeah. Yeah. Well, I was gonna ask you actually what caused the toning of Indian headsets with copper because when it comes to is it sulfur similar to Morgan dollars? Is it sulfur content kind of interacting with the surface of the coin? Or is it other This factors, other
Eric Lindholm:is a Larry Shepard theory that I believe I'm not an expert in how these coins were disseminated, but a lot of these coins were produced from them by the Mint for collectors, and they were released in sort of these tissue paper sort of containers or whatever, however you call it. There's a lot of tissue paper, And Larry's theory, which I find really interesting, is that the US Mint didn't really care who they contracted this tissue paper from. And his theory is that every few years, the supplier changed, the way the tissue paper was manufactured changed, and that in turn created different kinds of tonings. And the reason it's backed up is because certain years of the Indian scent series, something like the '80 1885 is a notorious year for great toning, years around it have similar toning, but then the '18, let's say, '88, '89, '90, the toning gets very difficult. Those those years kinda come drab.
Eric Lindholm:They don't come as nice. So the only thing that maybe could have changed is how they were released from the mint and what was, you know, what packaging they were coming with. Interesting Yeah.
Tony Gryckiewicz:I like it. Okay. So now we going back to a mint state, I believe, example. Yeah, definitely a business strike. We are in 1878.
Tony Gryckiewicz:This is a copper coin. Correct?
Eric Lindholm:Yes. Bronze, technically.
Tony Gryckiewicz:Oh, this is bronze. Okay. Tell us tell me what I should be learning about with this one.
Eric Lindholm:So this is a great example of cartwheel luster. And one of the ways you could sort of see that through the photo is there's sort of like four prongs of,
Tony Gryckiewicz:like Yeah.
Eric Lindholm:Luster, like one, two, three, and four, if you can kinda see. Yep. That lends to when so when you look at this, like, on an online context, if you can see that sort of, like, four pronged cartwheel luster, and then, hey, I made this coin, so I know how it actually looks like. This coin is extremely lustrous. Like, screaming, circular cartwheel, and in addition, bright and additionally, bright red.
Eric Lindholm:So Yeah. Sort of the the points on that is just to try to buy red Indians with a lot of flash cartwheel luster. Frosty luster is fine too, because the luster really depends on the date a lot of the times. So this is just a great example. Thought of a bright red, flashy cartwheel y.
Eric Lindholm:Some of my red guys like different things. Some like more of the frosty, satiny luster. Some will, like, I need raging cartwheel, bright colors. There's just different different things. So that's the breakdown on that one.
Tony Gryckiewicz:I see. Yeah. That's a great little tip, especially for buying coins online. When you start to see this kind of a, this pattern here, this is light that is already reflecting so heavily so, so well that it's creating this, we call cartwheels has to do with how the light light moves around the coin when you twirl it underneath or we bring it underneath lights. So that's very impressive.
Tony Gryckiewicz:Okay.
Eric Lindholm:Alright.
Tony Gryckiewicz:And we'll switch gears and I I know we're gonna talk about strike in this one, so I'll I'll I'll hand it over to you.
Eric Lindholm:Yeah. I'm really passionate about good strike, and this is sort of a a tribute to my my mentor, my friend, who one of the first thing he taught me about was circulated Indians, especially, but Mid State too, is feather tips. Strong feather tips were very important to his collection, and you can see why here. This is a copper nickel too, which we'll get into. Copper nickel die composition or coin composition was 88% copper, 12% nickel, and these coins are a little bit thicker too than a bronze coin.
Eric Lindholm:If you hold a raw one, or just in the holder, you can see there's a pretty significant difference in the edge thickness, but these copper nickel coins were a lot harder to strike, and as you could see, nearly all the feather tips, the ends don't have any more detail. They're pretty weak. They can get weaker than that, but this is pretty bad. And any especially when you're playing with expensive coins, but even to the collector that's collecting $100 coin, I would treat them all the same in terms of looking for good strike. Every date has nearly every date has examples that are well struck or well struck relative to the date, and you wanna try to avoid or not pay strong premiums, even if they're caked, even if they're photo sealed, coins that don't have a strong strike, and the Feather tips are a great place to look initially.
Eric Lindholm:That's the first place I look personally when I buy coins is the Feather fur especially the first three tips. Are they strong? Are they weak? And you could already make a buying decision instantly.
Tony Gryckiewicz:Yeah. Yeah. That is really good to know, and I learned this because I recently offer the coin to Eric at the ANA show, I think. I was like, hey, I got this Indian head sent. You know, this I know this is your thing.
Tony Gryckiewicz:Do you want it? You looked at it and you're like, I don't like those any those those, feather tips. So that was a huge that was a great lesson for me to know and look at that myself on buying and selecting selecting them, them, which which ones ones I'm I'm going gonna have in inventory. So I want to have a question for you though. Because when we look at strike, if I look at this side of the coin, if I look at the left side here of the obverse, I feel like the strike is really crisp.
Tony Gryckiewicz:I mean, is Mhmm. It is sharp. But then Yeah. This side of the strike was so really weak. Do you know why that is, or was it some kind of a dialignment issue?
Eric Lindholm:Yes. Yeah. And we can really get into this on 1877, which I'm really passionate about. I'll just I'll just go for it, but we'll we'll see the picture later. 1877s, there was two die states.
Eric Lindholm:There's a very short mintage. There's only two dies. Right? And one of the first die pairs, reason why it's die one, is because the die is there's two dies. Right?
Eric Lindholm:But the top die was tilted just slightly, so when it struck actually, should do it like this for the camera. On the on the right side of the coin, it's weak because the top die was slightly askew. It wasn't aligned correctly. That's probably what's happening here. And it could be a combination of just the die wearing, etcetera, but die alignment is a real factor, which is very astute to point out.
Tony Gryckiewicz:Yeah. That is fascinating. And then the reverse, it is nice. It is quite nice. But
Eric Lindholm:obverse, obverse carries, unfortunate. Well, for better or worse, I like the front of the coin. Well,
Tony Gryckiewicz:they say when grading, and actually this is going to lead into another question I have for you. They say when, specifically when grading coins that the obverse carries the grade, the reverse, the quality of the reverse cannot increase the grading the grade, but it can definitely detract or kind of bring down the grade. But the obverse is the main component of the grade. My question, that's a side note, but my question for you is, do you know at what grade does the strike, the quality of the strike limit the upward grade? Like how far, how high it can go?
Eric Lindholm:That's a great question. Cause as someone that's, you know, aspiring I would say, I mean, I am an upgrader, but I'm not as good as some other guys out there. But as someone that's always trying to, you know, push the boundaries and see what's possible in terms of a grade, I find that the 67 mark is where strike needs to be really solid, or else it's not gonna happen. There would it's kinda funny because this coin's actually graded, I believe, 66 plus, which is kind of interesting. But there's no way this coin should ever seven because those tips is just not there.
Eric Lindholm:Of a you know, for a seven, you really wanna see excellent strike. Earlier in the series, though, in the this is a little bit of a subtlety. In the mid sixties to early seventies, those are really tough dates. Those are underrated, pretty expensive dates, especially in high grades. Those seem to cap out at 66, and 66 is usually the top grade, but a poorly struck one might not beat 65 plus sometimes.
Eric Lindholm:But for the later dates, that grade higher, I would say 66 is sort of the limit.
Tony Gryckiewicz:Got it. Good to know. Alright. So now we're gonna get into eighteen seventy seven. I recently picked up two of these this past show that I was that I was at down in South Carolina.
Eric Lindholm:Oh, nice job. Eighteen seventy
Tony Gryckiewicz:seven Indians. I picked up a VG $0.08 in an old green holder with a CAC sticker. That was kind of a cool coin. It has an old old green holder, you know, that, that kind of improves the, the desirability of it, the collectability of it. And then I picked up an MS 63.
Eric Lindholm:Very nice.
Tony Gryckiewicz:From 1877 as well. So both of those will be available on the Kabbage Coins website, of course. But anyways, sorry. So let's talk about this 1877. This is like the key date, right?
Eric Lindholm:Yes. Yes. Worth the most.
Tony Gryckiewicz:Yeah. Why is this one of key dates of the series?
Eric Lindholm:So it's not the lowest mintage, but it's the low has the lowest survival rate by far. I believe that there is a I think it was called literally called the Mint Act in 1871, where they were calling back a lot of coins to the mint to be melted, and '77 just got the I think it was it was like seven or 800,000 minted, but the survival rate is like really abysmally low, like in the hundreds or 200,000. And, yeah, it's just a coin that did not survive very well at all. So
Tony Gryckiewicz:Okay. So seventy seven Indians, those are tough ones. Everybody needs one for their set. Yeah. You can see immediately here that we have that kind of offset die issue
Eric Lindholm:that we just Exactly. Exactly.
Tony Gryckiewicz:Yeah. Weekly struck up here while at the same time, actually fairly well struck down
Eric Lindholm:here. That's exact that's the skew. Exactly.
Tony Gryckiewicz:Yep. Yep. Else do
Eric Lindholm:wanna tell
Tony Gryckiewicz:us about this one?
Eric Lindholm:By the the one thing I wanna point out is obviously, the weak strike is there, but if you can look between the d and the s of United and States, see that sort of indent there?
Tony Gryckiewicz:What just happened?
Eric Lindholm:That is a big planchette flaw or, like, void, and this is something to be careful for with Indians. This happens more than you would think, especially in 'seventy seven, 'seventy one, 'seventy two's, some of those tougher Some of them have pretty big planchet voids or flaws that do grade out. I think the planchet quality was pretty poor at this time. So that's something to watch out for.
Tony Gryckiewicz:That this divot right here?
Eric Lindholm:Mhmm. And it's bigger in hand. It's kind of being masked a little bit by the TrueView, but, yeah, it's a decently sized divot right there.
Tony Gryckiewicz:Okay. Okay. So that so and that is probably a divot in the planchette?
Eric Lindholm:Yeah. Then struck out strike out all the way.
Tony Gryckiewicz:Yeah. Got it. Alright. So is there anything particular to look at with your 77 Indians? I mean, if I want to select one, you know, for a particular grade, is there anything that I should look for to try to, I mean, try to see if there's one that has as minimal of this divot possible.
Tony Gryckiewicz:Is that a good thing to look for? Or, you know, as good of a strike as possible through this area because of the tendency of them to be kind of offstruck or whatever you want to call it?
Eric Lindholm:There's a couple more we're going to look at. This is not the best example, but there's one at the end we can talk. I'll go into all that at the end. Okay. Yeah.
Eric Lindholm:The last 77.
Tony Gryckiewicz:Oh, this is another 77 right here.
Eric Lindholm:Another problem with these coins. They have Okay.
Tony Gryckiewicz:A lot
Eric Lindholm:of them have terrible surface originality. This coin here has been clear like, the original surface of this coin has clearly been hemically or wiped. It's been removed. Like, this coin's patina has been scraped, and if you go to the reverse here, yes, it's got a lot of hits too, divots. But, yeah, check out that sort of color change, that light pinkish color.
Eric Lindholm:This coin is 0% original anymore. It is wiped. Or I don't know the correct terminology. It has been chemically altered. It's been scrubbed a little bit.
Eric Lindholm:And this point's straight graded too. Maybe it shouldn't have, but I think maybe five, ten years ago, fifteen years ago, I mean, at summer seminar, I think what we learned in grading classes, they're a professional grading company, not a professional no grade company. So grading services will try, especially for the key dates, to try to put passable coins in holders, which I understand. There's nothing wrong with that. But from a collector perspective, you want to be careful that these coins are not all equal, and coins like this, don't want to pay strong for, or let alone not buy.
Tony Gryckiewicz:Yeah. I do plan on having an episode about cleaning and about light cleaning and the varying degrees of cleaning. Cause as Noah mentioned last week, is a spectrum like any, any other kind of aspect of a, you know, of a coin. And there's a number of coins that today are in straight graded holders. So where the holder, the company has not explicitly stated that the coin is clean because it falls within the realm of what was considered to be market acceptable.
Tony Gryckiewicz:What is the grade of this, by the way? I was I'm going to guess the VF35?
Eric Lindholm:Very I I agree with your grade. It's in an XF 40 holder. I think VF35 is an excellent grade for the coin. Even VF 30 is fine. I think that's a great grade.
Tony Gryckiewicz:Yeah. We both took took grading seminars and
Eric Lindholm:Oh, yeah. That's a fun line, the 35, 40 line. That's a very interesting line to me, especially for Morgans, which you you do very well with. That's it's interesting. Thanks.
Tony Gryckiewicz:Yeah. I would say, I mean, when I look at the reverse here and then the reverse can always bring down, like, can it can't bring it up. I look at this thing and I look at, I think of VF 30 on this reverse or even even
Eric Lindholm:Poor strike and then the cleaning. Poor strike.
Tony Gryckiewicz:Yeah. It's not a not a good quality coin for sure.
Eric Lindholm:Not a cabbage.
Tony Gryckiewicz:Moving on
Eric Lindholm:to,
Tony Gryckiewicz:yeah. It's not a cabbage coin. Alright. So moving on to the $18.93, we have another business strike.
Eric Lindholm:This coin is reverse up on this one too, if you want.
Tony Gryckiewicz:Yeah. Okay. Alright. So take it away.
Eric Lindholm:This coin has a lot of spotting, and this is a problem. When I'm at shows, I see something really good through the case, but as soon as I'm seeing black spotting, it's it's usually out. It's and usually, the price will never be cheap enough for a carbon spotted coin.
Tony Gryckiewicz:Interesting. Price will never be cheap enough for a carbon spotted coin. This is
Eric Lindholm:one of selling the them.
Tony Gryckiewicz:Big red flags. Yeah. There it's hard to it's hard to make any money and hard to, to do well on a copper spotted coin like this. Yeah. Copper spots can stand out to you, for you.
Tony Gryckiewicz:I mean, on gold, on all the different series, it all depends on where that spot is. If it's in a, if it's in a key focal area where your eyes always gravitate towards it, good luck selling that coin, really.
Eric Lindholm:Oh, yeah.
Tony Gryckiewicz:Yeah. So I avoid that kind of stuff for sure. But anyways, go ahead. So, is that kind of the main takeaway of this one is kind of an example of something really to avoid?
Eric Lindholm:Absolutely. Yeah. Don't they can only get worse. Every just seasoned collector won't buy it. They won't do well in auctions.
Eric Lindholm:You know? This is why the Indian cent series is so interesting is because there's so much price variability because it's copper. It's so reactive. It's so truly unique. Like, there's a lot of silver coins that you probably could find, like, an identical looking example.
Eric Lindholm:For copper, it's pretty tough. Every coin's really unique and reactive, and it's not a horrible coin, but it's not great at all. You could find way better.
Tony Gryckiewicz:What's going on in front of her eyes?
Eric Lindholm:Yeah. If you think of the location Okay. And sort of like the letter, it's a c, just like how on the reverse, the cents. Yeah. But if you flipped it around you know what I mean?
Eric Lindholm:Yeah. It would be like right there. Yeah. So that's a C of scent. Got it.
Eric Lindholm:Okay. It's as well. Yeah. Yeah. For the Indians.
Tony Gryckiewicz:Yeah. There's nothing about this coin that I particularly like in any way. In terms of of grade, this does look still like a mincedate coin. Don't think this coin could grade higher than the 63 in my opinion because of the copper spotting. Yeah.
Tony Gryckiewicz:But
Eric Lindholm:I think it was a 63 as well. Yeah.
Tony Gryckiewicz:Is this 63?
Eric Lindholm:I think so. But, yeah, I don't remember. Just a coin I pulled from Coinfacts.
Tony Gryckiewicz:Nice. Alright. So moving on to this $18.70. So this is again, was this also a bronze? This is a bronze coin?
Eric Lindholm:Yes. Yes.
Tony Gryckiewicz:Okay. So what are we what are we looking at here? Is this a coin that we would choose or or not choose?
Eric Lindholm:We would not choose this coin because of the grade. This coin is in a 65 plus red holder. Unfortunately, this is another problem in the series. A lot of coins have turned in their holders. They used to be full reds, like sort of the examples we looked at earlier, but see that, like, little bit darkish toning and film that's going on here?
Eric Lindholm:This coin has clearly experienced some oxidation.
Tony Gryckiewicz:Yeah.
Eric Lindholm:And it no longer has that vibrant, full red color we expect for a red. A red, technically according to ANA grading standards, should be 95% red or higher, meaning there's a slight there's a slight allowance for some little browning or slight toning, but this coin pretty clearly has more than, you know, 5% browning. I mean Yeah. The cheek, the headdress, the field in front of the face, it's it's just not a red anymore. You know?
Eric Lindholm:Be careful as because the spreads between red, brown, and red prices can be huge. And if you're a collector Mhmm. You're gonna be buried if you buy coins in red holders that have turned red brown or just weren't really red to begin with. To be very, very careful because these coins are expensive.
Tony Gryckiewicz:Yeah. This is one of the things that we refer to as a trap coin. Potentially, if you buy this in a fully red holder and you see you just rely upon the grade that's on the holder and you think you're getting a great price on, know, Indian headset in a 65 red holder. The reality is, is that you've just bought a red brown coin that really needs to be regraded or needs to be sent back into the grading service and be, and be properly graded as red brown. So this is sometimes referred to as a trap coin.
Tony Gryckiewicz:The trap being that you think you're getting a great deal. And in fact, you're, you're buying a coin that is not worth really as much as what the stated grade is on the particular holder. So you mentioned a really key point. I think it's important for people is that copper coins can turn within the holder. The holder, they're supposed to be all airtight and for the most part, I mean, they are mostly pretty airtight, but at the same time, over time, these coins can interact with the environment.
Tony Gryckiewicz:Do you have any tips or tricks, especially since this is your Do you any tips or tricks about this? Things, advice you can give people out there who are watching that collect copper, how to try to prevent their coins from turning?
Eric Lindholm:Yeah. So there's a I know one of my really close friends and someone I work with in the industry, his name is Justin Peak. He's P and F Coin on Instagram. He's a big red Indian scent collector. And he lives in the South in Alabama where there's a lot of humidity in the air, which is a contributing factor to coins turning in their holders.
Eric Lindholm:So he uses these things called intercept shield holders, which I believe are still on the market. He puts everything in one of these airtight, and there's some sort of chemistry going on within the intercept to keep them from turning, basically.
Tony Gryckiewicz:So it's a product that you can store the holder within one of the intercept and it can prevent the coin from turning within the holder. So that's, I guess, one method. Yeah. Folks in the South, it's a tough tough thing to collect, isn't it? Yeah.
Eric Lindholm:Coins might tone beautiful colors, but if you're buying red, it's gotta be careful.
Tony Gryckiewicz:Yeah.
Eric Lindholm:And I think another collector told me he put some like those like, silica packets or whatever, these, like, oxygen removing things in their safe, which can be good. So even your safe can get, like, can get different temperatures going on and environmental reactions, but probably like a dry, cool, pretty airtight, pretty isolated place. No sunlight either. It's got to be dark.
Tony Gryckiewicz:I see. Moving on to this guy. All right. So now we're looking at this 1908. I can just tell by the fact that I have not seen one so far in this series that looks like this.
Tony Gryckiewicz:There's something funky going on with the, with this coin. I'm guessing within the color, this just, just looking at the reverse, I'll just tell you that this does not look like this is a natural way that the coin would, would tone, that it would go with all of this, this blue kind of in this kind of blotchy way. So, I mean, I don't know. What what can you what can you tell us? Is this a is this a good thing or is this not a good thing?
Eric Lindholm:So if we recall looking at the colors earlier in the slideshow, sort of the the reds, the oranges, the greens. This this blue and purple color is a oftenly it's a commonly created or manufactured color scheme that you really wanna look out for because this is not original. This is not how points, like, in the in the nineties and February when the grading services were kinda coming around, graders at the time didn't see blue and sort of this, like, that exact kind of purple, like, magenta y color. These coins didn't really exist back then. This is a product probably of MS seventy or some other sophisticated techniques to create coins of this color.
Eric Lindholm:And, unfortunately, there's a great arbitrage opportunity with this stuff, because it's kind of ironic that coins with this color scheme are usually 1890s to 1909, sort of like the cheaper coins in the series. There's sort of a play where people will artificially tone these coins that were natural, probably like chocolate brown colors, and sell them for more with this purpley blue color that's unfortunately not real. So I would really try to ingrain this color into your mind, and when you see it, I I would look very critically at the coin and probably pass because these coins are not natural tone in the ad sense.
Tony Gryckiewicz:Yeah. You gotta think about it folks. Like, because I know these things are littered all over eBay and you gotta think of what what's going on, where the incentive is here and so forth. I I think the coin as is, is actually a pretty low value coin. Just you could get a large number of them.
Tony Gryckiewicz:If you could then can do something to create this kind of colorful toning and make it look kind of interesting, you can then potentially sell them for quite a bit more in an auction setting where people don't know the difference between real toning or natural toning and artificial toning. So there's going to be a number of these that will pop up onto a marketplace that as a result of this clear opportunity to take something that's 2 or 3¢ and turn it into something that's worth $2 or worth $10 or 20 or whatever people are going to pay, you know, on eBay. All right. So moving on to this $18.89 and another 1889P. And this again, personally, don't like this.
Tony Gryckiewicz:I I don't like the IPO of this coin, but I don't want to steal your thunder. I don't know if perhaps this is okay. I mean, what would you say about this coin?
Eric Lindholm:I'll make a quick point on this one. So there's a like like Tony mentioned earlier, there's copper coins, they're all graded with three different color destinations, red for mid states, red, red brown, and brown. Now we're focusing on red browns. This coin is in a red brown grade. I'm not sure if it's a four or a three, but if you look at the obverse, there's very little red remaining.
Eric Lindholm:This is within the threshold of more of a brown coin, and the way grading companies grade now, this probably would grade brown. There's not enough red. It's predominantly brown, and I would just be careful as a red brown collector, potentially, which is a great value grade to collect because you can get a coin that nearly looks like a red for half or one fourth the price, but try to buy coins with a lot of red versus this one, very little red, because they will be in holders, even old holders. You'll be surprised.
Tony Gryckiewicz:What would you say if this coin was in a brown holder? Mhmm. Like, if you found if you found this coin in a brown holder, what would you, what would your opinion change on whether to buy this or not? If you, if this was already in a brown holder?
Eric Lindholm:Yeah. Then this would be an, like the reverse is red, brown, but the obverse is brown and that would be fine. Yeah. That would be a nice brown coin then.
Tony Gryckiewicz:Yeah. Yeah. Because you got a coin that technically qualifies for the brown designation. It doesn't have enough red to be technically a red brown, but you're kind of on the upper, you're very close to the defining line, right? Potentially if this was a brown coin, I mean, I think this is a fairly decent opportunity because of how much red there still is in, on the coin.
Eric Lindholm:Exactly. Yeah.
Tony Gryckiewicz:Yeah. But the same time, if you, this isn't a red Brown holder, then it becomes one of those trapped coins potentially. Trapped coin. Cause there's not enough red for it to really be red Brown. So moving on, have another $18.77.
Tony Gryckiewicz:This one, I really I personally really like this coin. I would grade this in the XF 40 range or 45.
Eric Lindholm:Yes. Nice. You had it. Yeah. Yeah.
Eric Lindholm:Yeah.
Tony Gryckiewicz:Is it 40? That's correct.
Eric Lindholm:No, 45. You're correct.
Tony Gryckiewicz:Is it 45?
Eric Lindholm:45 CAC too.
Tony Gryckiewicz:Yeah. I would totally see this as being CAC because I don't see this as, as if you guys recall, if we go back to, we go back to this one here, where we had just these surfaces with these strange colors that were clearly been wiped and we had kind of chemical treatments and so forth. It has this very kind of polished slick kind of look to the coin. If you compare that to this, this doesn't look like that. This just looks like it's been circulated and that state of the coin is still fairly all there for the most part.
Tony Gryckiewicz:But anyways, go ahead. Tell us what your thoughts are on this one.
Eric Lindholm:So you asked me earlier what you want to look for on $18.77 specifically, both as a dealer and collector. This is this coin's pretty much got it all. You got, to start, just a visual appearance. That chocolate brown color is perfect. Like, as Noah would say, chef's kiss.
Eric Lindholm:That's that's great. That color is awesome on this coin. Secondly, the technical quality of this coin is very good, especially for the grade. We're gonna go into one very specific thing, but if you look at the Liberty, for example, look at that bottom headband on Liberty. First of all, all the letters are there.
Eric Lindholm:That's the obvious part. But even the bottom headband has tons of detail. You'll see on a lot of XF coins, that bottom headband is worn, and the wearer can even bleed into the letters. They'll still grade x f forty forty five. So this is great.
Eric Lindholm:It's got that bottom headband really well intact. Now let's go down to the to the ribbon there. So seventy sevens not are not known for having really strong strikes, but this coin, if you look at the diamonds specifically on the ribbon, this coin has almost three diamonds. One, two, and the bottom one's a little bit weak, but it's there. Now here's the really this is something I look at a lot that maybe people don't know, is that if you look at this ribbon and the hair curl that's next to it, there is just enough separation there.
Eric Lindholm:If you look at the ribbon and the hair curl and that border, there's a slight separation there on the other side, actually, too, That's really important for an Indian scent purist. So Rick Snow will not photo seal an XF 40 or higher if the ribbon is connected to the hair curl on the right side. Here has just enough it's hard to see in the photo, but in hand, there's just enough. Most of these coins are completely worn together, and this is a great I'm getting really excited about this, because this is a great example. Very fleeting coin.
Eric Lindholm:This this coin can only exist in this condition for so long before it slips into the VF range, for example. So I that's why I love this coin, and it brought a great price for for all these reasons.
Tony Gryckiewicz:That's that is really good to know. I mean, I would just note that, you know, we we talked earlier about, 77 Indians as being kind of weakly struck all through this area. This one is not. This one has Yeah. A pretty pretty decent strike.
Tony Gryckiewicz:The first three feathers, there's a little bit of weakness here, but it's also an x f 45 CAC. But we do we have a we have a fairly good strike up there. And overall, yeah, really like this coin quite a bit.
Eric Lindholm:Reverse is amazing. Yeah. Just put it like that.
Tony Gryckiewicz:Okay. So we got two more two more coins. It's a $19.00 7 what is this? A bit this is a business strike.
Eric Lindholm:Mhmm.
Tony Gryckiewicz:$19.00 7. We've not looked at many branch mint coins, have we?
Eric Lindholm:No. There's only two in the series. Yeah. Oh, eight s and oh, nine s. Got Yeah.
Eric Lindholm:Very, very all Philadelphias, basically.
Tony Gryckiewicz:Interesting. Okay. I did not know that. So overall, I mean, I like this coin. I think it's a little bit weakly struck up here a tiny bit, but overall, I like this coin.
Tony Gryckiewicz:I could see this. I like this kind of for a nice 66. Honestly, I I could see this as 66 grade. Maybe even a sixty six six plus.
Eric Lindholm:Mhmm. This coin has experienced all those grades, funny enough. This coin started in a 66 holder. I sold it to a collector on a want list. He got in a 66 plus holder, and then, I don't know, I just felt in hand, it was so smooth and so lustrous.
Eric Lindholm:I tried it for a seven a couple times, and somehow a seven red brown. But it it it's quite nice. But that's not really why I wanna talk about this coin. This is a great example of what a really nice red brown coin would look for. Recently this year, a very famous red brown collector in the Indian society passed away.
Eric Lindholm:I think I can say his name. His name was Glenn Marhefka. He was a legendary red brown collector, and so many coins in his collection had this near, like, 95% red look, really clean surfaces. You made a good point about the strike. These nineteen o sevens is one of the most mass produced years.
Eric Lindholm:It's really hard to find well struck. If you can find a nice, well struck, like, hammered o seven, that's a great coin because this is a coin where the dies, you know, were stamped were, you know, hammering coins millions of times. Mhmm. So this is a great red brown example, sort of to compare to the previous one that was very lacking in terms of red color.
Tony Gryckiewicz:Okay. And then finally, to round things out, it looks like we have ourselves another proof. This is a 19 o one proof ending head sense, and I'm gonna go with proof 66. One more.
Eric Lindholm:One more. Seven? Yeah. I was about
Tony Gryckiewicz:to say that, but, you know, what? What color?
Eric Lindholm:What color would you give it? Yeah.
Tony Gryckiewicz:This is red brown.
Eric Lindholm:Yes. That's correct.
Tony Gryckiewicz:Okay. Nice.
Eric Lindholm:That is correct. So, this one's sort of a continuation of that nineteen o six I showed you earlier with the, sort of, the Christmas tree colors, like the red and some orange. This is more of, like, a yellow, gold, green progression. I just wanted to show that the two different types of that color progression. This is one further down the line, and this one might get a little bit more on the market because of the green.
Eric Lindholm:The green's like the money color for Proof Indians. That's like a gray color that goes for a lot.
Tony Gryckiewicz:What are some of the most common mistakes you see buyers make when collecting Indian heads?
Eric Lindholm:Good question. I think, to put it simply, it's not so much the price. Overpaying isn't as much the problem. It's more of buying the wrong coins that we highlighted today. I would say, generally, that's a mistake.
Eric Lindholm:But to expand, think another mistake would be kind of neglecting the rarer years of the series and buying those in poor quality and buying the common years, like the later dates or some of the eighties. Those can be easily found very nice, But as a sharp collector, I would focus on those some of those early dates, the seventy sevens, the early seventies, the sixties, and finding those in really nice condition. That would really help your collection in the long run.
Tony Gryckiewicz:I think it's fantastic advice, and that I think applies to a lot of series and Yeah. The first person that I've hear I've heard kind of lay it out exactly like that, which I just think is excellent. I mean, when you think about if you're collecting Morgan dollars and you you save the '93 s to last and you're, you know, you're getting all of the common dates in '66 CAC and '60 '7 CAC and you're getting all these, you know, the medium dates and 65 and then you get to the 93 S and the only thing kind of left, you know, what you can afford or whatever you get like a VG eight or a V, you know, a good six or something like that. If you flip it and you spent a lot of the money on a nice XF40 CAC example of a 93 S for example, and then you kind of settle, or I shouldn't say settle, but you know, for the more common dates, you just go with a common grade. You know, you're not going to, you're not going to expect those coins to appreciate.
Tony Gryckiewicz:The coin is going to appreciate it's going to do well is going to be the 93 S. So it makes the most sense to focus on that. But so often I think collectors do the exact opposite.
Eric Lindholm:Think trying to do it really fast can be a trap with the Indian Scent series. It's really long. Some people like are amazing. Like My friend Justin did an amazing job at doing it very quickly, but it's still very difficult. Part of that relies on luck too, of what's coming to market and stuff, but if market conditions are normal, I would focus on the tougher coins first.
Eric Lindholm:It's funny. I don't
Tony Gryckiewicz:know if you've
Eric Lindholm:checked the gray sheet, Tony, on those 77 Indians you bought, but it's all green arrows as of yesterday. It's all up on the 70 sevens.
Tony Gryckiewicz:Cha ching. Cha ching.
Eric Lindholm:Yeah. Especially that 63. These caught like you were saying, the the the tougher dates just appreciate better.
Tony Gryckiewicz:Nice. Well, I will use a profit to pay for my Gabagool customs. I
Eric Lindholm:owe you, man. This is awesome. So,
Tony Gryckiewicz:where can listeners find you and see your inventory?
Eric Lindholm:Yeah. So you can go to sublimesense.com. I also have an eBay page as well, linked to the website. And also Instagram too. I'm starting to post a lot more on Instagram, stuff like that, which is sublime underscore sense.
Tony Gryckiewicz:Yeah. Yeah. Eric makes some great content. I've seen some of your videos on Instagram. You do a fantastic job.
Tony Gryckiewicz:You make some, some CAC reveal videos. You, have a lot of passion. Eric's got a lot of passion about this particular area. So if you're out there and you collect Indian headsets or you want to get into collecting Indian headsets, you want to build a registry set, I would say Eric is going to be a fantastic person to connect with and to do a lot of business with moving forward. If you had to own only one Indian headset for the rest of your life, which would it be and why?
Eric Lindholm:Only one. Only one. That's a great question. Let's try to do this. It would either be a really crazy toner, which I I'll just pull it off the wall here.
Eric Lindholm:I I I print out true views of these coins because I'm it would either be this coin. It's got, like, the most amazing rainbow, like, nuclear color. I would love to have that one back, or it would be sort of in tribute to the plant doctor today, be a perfect AU581877, which his collection has a lot of. That's the best grade for 77s in my opinion. Obviously, a five or six red would be awesome, but realistically, a $58.77 is killer collectible coin.
Tony Gryckiewicz:I I really appreciate you doing this episode. I think this is gonna be really informative for people out there. And please leave your comments below. Please share this episode. Subscribe if you haven't already, if you found it helpful, share it with a friend and you know, come and visit our upcoming coin shows.
Tony Gryckiewicz:Come visit me, come visit Eric. I think we're both going to be at Baltimore. Is that right?
Eric Lindholm:Baltimore. Yeah. Well, have a table. I don't know what my table is yet, but I'll be at Baltimore And then obviously fun in the new year will be huge.
Tony Gryckiewicz:Yeah. Of course. The fun fun show in Florida, Orlando. But if you're anywhere near the Baltimore area, come on out. Come visit either Eric or myself.
Tony Gryckiewicz:We both have tables at the Baltimore Women's Expo coming up, and that's it. So thanks again, man. And I will talk to you later.
Eric Lindholm:Thank you, Tony. Really, really had a ton of fun, and thank you for doing this for the community. This is awesome. Awesome.
Tony Gryckiewicz:Alright. Take care.
