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Is It Worth It To Sent My 2019 W Penny To A TPG?

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Rest in Peace
United States
18456 Posts
 Posted 01/18/2021  12:02 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list

Quote:
But if I sent it in wouldn't value appreciate over time?

First of all everyone has gotten off track on this one .
TCD said it's a proof coin from a proof set , it is not an MS coin . To answer his question ; sure if it comes back PF-69 it will probably appreciate enough to cover your submission fees in 20 or more years .
Pillar of the Community
2145 Posts
 Posted 01/18/2021  1:32 pm  Show Profile   Bookmark this reply Add Rothery to your friends list

Quote:
TCD said it's a proof coin from a proof set , it is not an MS coin

C'mon T-BOB, a simple mistake but everybody seemed to realize that
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United States
1427 Posts
 Posted 01/18/2021  1:33 pm  Show Profile   Bookmark this reply Add That Coin Dude to your friends list
Thanks T-BOP! That is what I wanted to know. I still haven't made it home so I will show you the photos soon!
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United States
1667 Posts
 Posted 01/18/2021  1:34 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list
I know ANACS doesn't sell as good as PCGS or NGC, but it's cheap, and it's fair grading. they have specials a few times a year the last one ended Jan 9th, but it was authenticate, grade, and encapsulate 12 coins for $119, and including FREE return shipping. this will get you around $10 for grading and encapsulation though per coin which ain't bad for U>S> coins valued at $500 of less.

Will it be worth it to do it? I dunno, like was said it has to come back proof 70 if it comes back PR69, it's $20 and you're likely taking a loss on the shipping at that price point after all is said and done.

I haven't sent coins for grading ever, but you know I been thinking real hard about this ANACS deal and may do it when the next one comes along. NGC and PCGS are out of my budget range because most of what I'd like to send are kind of fishing to find out how it grades out by them, or lower value varieties I'd like to do, that I won't recover costs no matter what on. but would like to have them attributed regardless.

Starting to feel like one TPG is just as good as another for an opinion, and really that's all that it is, their opinion... I know, I know NGC and PCGS sell for higher.... I'm not really looking to sell anyways lol

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United States
6612 Posts
 Posted 01/18/2021  1:43 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list

Quote:
It will be tricky with the mints packaging but I will try.
Set it free from that baggie. That was a bad idea on the mints part
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United States
56855 Posts
 Posted 01/18/2021  1:47 pm  Show Profile   Bookmark this reply Add John1 to your friends list
Here is an idea on value,it really isn't worth the grading fees unless you are 100% sure it will grade Proof 70 https://www.ebay.com/sch/i.html?_fr...H_Complete=1
John1
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United States
1427 Posts
 Posted 01/18/2021  1:56 pm  Show Profile   Bookmark this reply Add That Coin Dude to your friends list

Is-It-Worth-It-To-Sent-My-2019-W-Penny-To-A-TPG?

Is-It-Worth-It-To-Sent-My-2019-W-Penny-To-A-TPG?
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United States
1427 Posts
 Posted 01/18/2021  1:58 pm  Show Profile   Bookmark this reply Add That Coin Dude to your friends list
My brother also has one but he doesn't collect coins so I might post pics of his as well.
Rest in Peace
United States
18456 Posts
 Posted 01/18/2021  2:07 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
Sorry , bad photos, not showing a PF-70 Lincoln .


Quote:
C'mon T-BOB, a simple mistake but everybody seemed to realize that


Bedrock of the Community
United States
19968 Posts
 Posted 01/18/2021  6:40 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
VERY rarely will a collector come out ahead in the grading game. Over the decades I've personally seen more money foolishly spent on it than I've seen winners - especially with moderns. For some it's like buying scratch-off lottery tickets hoping to hit the jackpot.

The TPGs are EXPERTS at taking money. They have given lessons to tens of thousands of collectors - don't be one of them.
Lincoln Cent Lover!
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Bedrock of the Community
United States
19968 Posts
 Posted 01/18/2021  6:43 pm  Show Profile   Bookmark this reply Add BadThad to your friends list

Quote:
Sorry , bad photos, not showing a PF-70 Lincoln .


The best pictures in the world won't matter with a proof. There's not a soul on the internet that can accurately grade a proof between 69 and 70 using pictures. I would include professional graders and dealers in that as well.
Lincoln Cent Lover!
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Australia
21788 Posts
 Posted 01/18/2021  6:53 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
Nowhere near potentially valuable enough to be sent for grading, to justify the grading and shipping fees.
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United States
94367 Posts
 Posted 01/18/2021  6:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Do the math - how much do you make even if you bingo it?
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United States
1005 Posts
 Posted 01/18/2021  6:54 pm  Show Profile   Bookmark this reply Add llewellin to your friends list
Not centered enough to grade 70, highest it would be is 69.
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Canada
3733 Posts
 Posted 01/18/2021  7:46 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list
not worthy of grading, won't make 70/
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