I Found A Cool Penny! (2009 D)

Always fun to find 2009 Lincoln cents. Given the pics posted, the coin isn't worth getting graded (well circulated condition). Value is one cent.

If I'm not confusing anything, this coin is dedicated to his work in Illinois.

to the Community!

Welcome, Zac! You asked a great question, one posed quite frequently in fact. Submitting a coin for grading. The first thing to consider is the cost of the coin, being this one cost you face value it wouldn't apply. Second are the grader's fees, some like NGC and PCGS have a membership fee separate from the grading fee which varies based on the service level and slab/label choices. Finally, the shipping cost to and from. In short, and as a general rule, anything totaling $75.00 or more would almost certainly be a loss since most modern coinage is plentiful in the marketplace well below that in mint state grades.

I have always liked Anacs when starting out due to not having a membership fee for those who have only a couple coins to start or mostly modern coins or varieties that dont have high value, but the resale values always seemed to have been lower than either NGC or PCGS graded coins in my experience so I've suggested NGC when possible for those new to grading once you have a number of them to grade and will continue to get coins that might be worth grading (unless you have inherited or have high dollar value coins), then possibly move to PCGS over time as you grade much more often and have many higher dollar value coins. This is because PCGS has a higher membership fee. I guess you can start instead with ANACS if the $25 (or $10 the first year with an ANA membership) is too much or you are dealing with minor varieties and errors, modern coins and the like more than valuable coins.

There are tons of already graded examples out there from NGC, PCGS, and ANACS and so some people just start buying graded coins from sellers or coin dealers they desire, keeping in mind learning about fraud and not overpaying for what the actual value is by reading books such as the Red Book or doing some online research of sold values https://www.amazon.com/Guide-Book-U.../079484961X/

In normal circulated, those bicentenary coins was around 300 mill. In proof 2 mill. So with data you can see where you stay with your coin. Proof are more prices then circulated.

To amend others: Only the presidency was low strike 100 mill coins of each Mint. In very good condition uncirculated it is collectable, the rest just a history.

Low strike is the same as saying a low mintage - sating that not as many were made as the others.

These are so cool. Looking for Wheats in my Tip/Change Jar, I found two different designs for 2009. I knew they existed but after countless hours looking through many decades old family penny jar hoards, it was a nice surprise to see the cool design of the Log Cabin on the Reverse of one of them. Almost looked like it had been run over or something to the naked eye but when I magnified it, it's in really good shape!