Author |
Replies: 11 / Views: 1,406 |
|
New Member
United States
42 Posts |
Hi, I have several older Pennies in excellent condition. Wondering if I should grade them and if they'd have value. Any help is appreciated. The first 4 images are as follows: Two 1964 weight 3.10g One 1965 weight 3:04g One 1966 weight 3:16g side is dark brown, odd but front and back are red One 1985 weight 2.51g One 2002 weight 2.50g Second set of pictures are One 1969 D weight 3:10g One 1981 weight 3:08g Two 1999 weight 2:48g      
|
|
Pillar of the Community
United States
1566 Posts |
Spenders Or 2X2 if you want to keep them. I see none worth grading the coast is worth more then there value.
Edited by Daves Errors 08/02/2020 3:17 pm
|
Bedrock of the Community
 United States
62063 Posts |
Are talking about grading yourself or sending them in for a third party grader. Are you prepared to spend as much as $50 per coin to find out they are slightly worth more than face/ or just face value? Grading is not cheap.
|
Bedrock of the Community
United States
12963 Posts |
One coin per post/thread might serve you better.
Given the photos posted (could be larger and higher resolution), I'd say none of the coins are worthy of submission for grading--given the cost of doing that and the relative value of each coin. Nearly all of the coins shown are lightly circulated, have a few light dings and hits, and appear to show light environmentally-caused staining. One '64 cent might grade at MS62--but can't really tell from the small photos. The remaining coins likely fall in the AU range. I think you're looking at a collection of coins having one cent value each.
Others will chime in, I'm sure.
|
New Member
Topic StarterUnited States
42 Posts |
That's a bummer. They all are very new looking for older circulated coins. Not brown, but shiny red and well defined.
Thanks for the feedback.
|
Bedrock of the Community
 United States
81360 Posts |
Agree these do not appear worth the cost of grading.
|
Pillar of the Community
United States
1351 Posts |
I would put the '60s coins in 2x2's and keep them. Not any great value but I would protect them.
|
Pillar of the Community
United States
9135 Posts |
Unless a coin is worth about 150.00, the slabbing is too expensive. It also is likely not going to happen that a coin found in circulation will reach a high enough grade to be worth very much. Another thing, and I post this as an educational bit of info, is to know grading companies do not grade a coin. What I mean is that they give an opinion on the grade of a coin. If you break a coin out of its slab and resubmit it to the same company you are never guaranteed the coin will get the same grade again. There is no verifiable science behind it, and the companies themselves tell you its an art. Although the science has been there for decades, they choose not to use it. I am NOT saying slabbed coins are "evil." I am saying that coin collectors need to understand, like anything else, marketers for these companies have hyped the companies to the point there are a lot of people who not only think of th companies as being essential to the hobby, but see these companies as being the only ones who can give THE authoritative word about a coin. Yet some of the same people pay another company, CAC, to evaluate the grade the "experts" already put onto a slab. I guess the experts need more experts to affirm them. Just do the homework and be smart about the realities of these grading companies. Here are some factual examples - and they are not ll that hard to find when you start looking for them: http://goccf.com/t/346174#2967242A former member of this forum - now passed on and missed - had this to say: http://goccf.com/t/130186Look into this subject and see what our forum family says to buy the coin and not the slab. If you like slabs - great! Hobbies are about fun. Just understand what is inside the slab is not necessarily what the label says.
|
Bedrock of the Community
United States
10635 Posts |
 completely with Earle42. Upon what we could see from your photos, nothing jumps out as worthy of the expense of third party grading as others have pointed out. With future submissions, please give us only one coin per thread. It makes it easier for us to help you without getting all mixed up. Thanks in advance. And be sure to crop your photos right to the edge of the coin. Otherwise, your photography was excellent! Keep searching, keep asking questions. You're part of our family now, and we'll help as much as we can. Just realise, not every coin is an error coin, and not every coin is valuable. But, error coins are indeed out there, and as I said, don't be afraid to ask us! 
ça va bien aller
|
Pillar of the Community
Canada
4779 Posts |
According to the price guides, no modern 1 cent coin is more than $20 in Ms65 (some varieties excepted). MS66 or better for circulation coins is tough to find. I would say you would never find them in your change or a bank roll.
|
New Member
Topic StarterUnited States
42 Posts |
Thanks everyone for your help.
|
Valued Member
United States
182 Posts |
How much does it cause to grade a coin?
|
|
Replies: 11 / Views: 1,406 |
|