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 Replies: 38 / Views: 3,912 |
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Valued Member
 United States
78 Posts |
Thanks Tropicalbats. I appreciate the detailed explanation. Are there any specific auction sites/stores I may want to link into if I decide to try to sell this coin? Or just ebay or something? I figured there has to be better options specifically for coins rather than ebay. Thanks for the advice! Greatly appreciated! |
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Valued Member
United States
78 Posts |
Almost forgot to ask. Besides if there are any auction sites I should consider first if I go the route of trying to sell this coin, is it much cheaper to send in several or a bunch of error pennies to have done at once? Like is it substantially cheaper big picture if I do bunch all at once? Most are smaller d.d.'s and random other stuff. Some are nocer quality and some are obvious errors while others are more minor. Like without knowing what to look for and/or without good lighting and some cases a magnifying glass, it may not be possible to see whatever error(s) a specific coin may have. Sorry for so many questions especially if they are considered ignorant ones. I'm just excited about this new hobby and this forum has given me the most help, advice, and information usually backed with references/websites confirming said info. Couldn't ask for a better site or supportive group of like minded individuals always willing to help out and always done out of the love of this stuff. Thank you all so so much! Hopefully one day I learn enough to be the advice/info giver instead of the asker! Haha one day #128540;
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Moderator
 United States
15489 Posts |
Quote:
Couldn't ask for a better site or supportive group of like minded individuals always willing to help out I fully agree with that. You have been given solid advice from true numismatic experts who are generous with sharing their knowledge and time.  I can see now that my initial value assessment at the beginning of this thread was way off.  But now I know it's not just another 'common' Cud. |
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Pillar of the Community
United States
575 Posts |
 with nickelsearcher. I found my Cud when I just started out many years ago. If I knew then, what I know now, I'd still possess it. My assessment was also off and I am still learning each day by the wonderful people on here. I appreciate all of you. Thank you. Good luck Jblau190! |
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Pillar of the Community
United States
6116 Posts |
The quick answer to your question about adding coins to lower the overall cost of a submission is: It does do that a little. The $69 club fee is annual so you only pay that once per year no matter how many coins you submit so with more coins that fee pro-rates out to less per coin. But you can only submit errors with errors, nothing else, on one submission form. So you can not submit a doubled die for grading on the same form as an error coin. Doubled dies also have to be "major" dies listed in the CherryPickers' Guide or PCGS won't put it on the label. Doubled dies come in around $60 per coin so not much cheaper than errors, and still accrue all the shipping costs and all that. Anyway, yes, shipping and fees get cheaper per coin with more coins on one submission, but few have enough error coins valuable enough to be worth submitting to PCGS sitting around, as even a $150 error coin isn't worth submitting as you will pay well over half the value to get it graded and unlikely it increases in value that much. I get in a lot of error coins, but the most I have ever had at once worth enough to go to PCGS was three. And just to be clear as to one of your questions, no, the cost of grading per coin does not go down in bulk and will still be $70 per coin. |
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Valued Member
United States
299 Posts |
Jblau, if you have a LCS (local coin shop) you may be able to send it in for grading along with theirs. I've spoke with my LCS and she has no problem with sending coins in when she has some to go to PCGS. That way you don't have to buy the membership. She even said we could split the shipping. Just putting that out there so you have another option. That is an awesome find btw!
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Valued Member
United States
78 Posts |
tropicalbats
i meant to respond about the damage you were referring to on Lincoln's head. I don't believe that's actually damage on his head, it actually lines up with where the cracks from the die or if you look at other examples It lines up exactly. I believe that it just is more visible on this coin. Maybe it was one of the last ones struck or one to be struck after the others but it appears to line up perfectly with the cracks from the die. The other areas that look like damage almost all appear to have something to do from what I can see and tell and how they line up with the damage from the dies and not damage after the fact. I could be mistaken and I'm sure there's some damage since it's in circulated condition but at least that mark on Lincoln's head I'm pretty confident is not damage at all but just more visible markings from the damage to the dies on this specific coin. I could be wrong and I know you guys are a lot more knowledgeable than me but at least regarding that mark on his head, I'm pretty sure that's a mint error marking that is just more visible on this example of this specific error. The odds, in my opinion of it lining up and being right at the edge of where the crack is on the other examples of this type of error lining up exactly, I find to be either a crazy coincidence or has to be part of the damage the coin received from the dies at the mint. Please correct me if I'm mistaken and you can enlighten me since I know very little still when it comes to all this stuff thank you!
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Pillar of the Community
Canada
6244 Posts |
I do not understand why all want PCGS with so high price? ANACS, NCG or ICG will do same job precisely and yours cost will be less. Do Not forgot that any collector do not buy the slab, they buy the coin and for them the slab it is if accurate just an approval of theirs own believes.
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Pillar of the Community
 United States
8787 Posts |
Sil, if you are selling, PCGS slabbed coins pay more, simple as that...
-makecents-
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Pillar of the Community
United States
6116 Posts |
I'm not at all trying to grade you coin, as your images aren't clear enough for that. Just noting what could be a reasonable outcome from the grading process, and what buyers would be looking at if you sold it raw and they were thinking about grading it. I have no idea if it would go details or grade straight, but I have looked at other examples of this die error and not seen a big gash in Lincoln's head on them, so the assumption must be damage. Maybe it is or isn't, but my goal is to educate about the process, not make determinations about your coin specifically and was just using that gash as an example of something I can see on the coin. Deciding whether a coin might go details grade is best left to the person holding the coin, as photos are tough to use for making that call, and even then it's still a guess as to what PCGS will call it. As I said before, the person who owns it when it is sent in to PCGS takes all the risk, that it may grade straight and high or low and details. It's why a lot of people sell coins raw and take the best they can get rather than take the risk of investing big money in grading a coin and ending up losing out in the end. I've had both happen to me, where I've sent in coins that lost so much in value due to a details grade that I lost a lot of money on them, as well as coins that graded above my expectations and were in the end worth a ton more than I thought they would be. Just letting you know the process and possible results so you can make informed decisions.
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Pillar of the Community
United States
5786 Posts |
Glad to see this post and that members realized there is a counter clash on it. For whatever its worth, I remember an auction 4-5 years ago (Texas Unclaimed Property on ebay I think) that had two of these and one cclt2-1c-1983-01 http://www.maddieclashes.com/cclt2-1c-1983-01/ in the same lot. The Breen numbers were used on the old ANACS holders (soap bar holders) instead of the more familiar Counterclash #'s from maddieclashes. I mention this because using the Breen Numbers in searches might get some auction results on this or other coins. Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Valued Member
United States
78 Posts |
Has anyone used ANACS grading service? Or anyone have any opinions/feelings about their service? Seens like for $20 I can get a coin graded in like 15 days I believe (plus shipping). I'm considering using them unless anyone knowledgeable here gives me information that I shouldn't use them for amy reason. Thanks!
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Pillar of the Community
United States
808 Posts |
Nice find congrats, I search 1983's for Die Cracks. I have several with multible Die Cracks but never found one like yours!
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Pillar of the Community
United States
7174 Posts |
I'm not an expert on 3rd party grading. The only one I've used is ANACS, and I was satisfied with them. But as Makecents said above PCGS has a higher dollar return when you sell.
Edited by Cujohn
03/25/2023 6:39 pm
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Pillar of the Community
United States
6116 Posts |
ANACS is a great company and does very good work. I've sent them a lot of coins, but generally only coins with minor varieties that PCGS won't put on the label. They just don't resell very well so putting less in up front can mean getting a lot less when selling them later. They are also pretty tough graders and you may find things coming back a step lower than you expected, however, they are less quick to "details" a coin and instead will sometimes still grade a coin straight but just lower the grade a notch. This can be useful for coins with some light damage that PCGS would details, while with ANACS you still get a straight grade just a lower one.
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Replies: 38 / Views: 3,912 |
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Posted 03/18/2023 05:06 am
