I have a 1944 Red Wheat penny, it's not graded but it looks like at least AU. would anyone have an idea of it's worth or if I should have it graded? Thanks.
It's hard for me to evaluate the coin from the pictures.
But if I assume that it hasn't been cleaned and that it has no wear (which are big assumptions that I am making for the sake of discussion), I would estimate that this would get at BEST a grade of MS65, with the biggest problems being the mark in front of Lincoln's face and the large mark under the E in CENT on the reverse.
I would expect to get less than $10 for this coin from a local dealer if it graded MS65 (which in my opinion is a best case scenario).
I'm not an expert, but I noticed that no one had answered yet so figured I'd give my casual, layperson's opinion.
I would not personally get this coin slabbed if it was mine.
Varietyoflife, As a general rule;a coin needs a retail value of at least $150 after slabbing to justify all costs involved in sending it in. The first think you need to do is grade a coin:https://www.pcgs.com/photograde/ Then look up the value:http://m.numismedia.com/rarecoinprices.htm Also check ebay sold values. If the values justify the cost, then decide if you want to send it in. Not all coins need or should be slabbed. John1
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