Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

1955 S Wheat Penny Worth Grading?

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 7 / Views: 223Next Topic  
New Member

United States
24 Posts
 Posted 08/12/2020  11:32 pm Show Profile   Bookmark this topic Add Maui808 to your friends list Get a Link to this Message
Aloha,

I have a 1955 s Wheat penny that looks as if it is great condition. Is this penny worth grading?

Mahalo

Bedrock of the Community
Learn More...
United States
46202 Posts
 Posted 08/13/2020  12:29 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
I would spend up to $50 to have a coin that is worth a lot less to be graded.
A super high grade coin would be worth having it graded:
MS-68 Example:
https://www.PCGS.com/cert/04039260
$10K
But note how the values decrease as the grades get lower:
MS-67
https://www.PCGS.com/cert/37140127
$375
MS-66
https://www.PCGS.com/cert/39715689
$22
MS-65:
https://www.PCGS.com/cert/38786631
$12
MS-64:
https://www.PCGS.com/cert/80501764
$8

So would it be worth $50 to have a coin graded that would not bring at least grading fees back? I wouldn't do it. Also a lot of mint rolls from San Francisco were saved that year. That was the year that mint closed. So they are common to find.
Richard S. Cooper
Some have asked about my images I use and I'm glad to say, you can now you can see the DVD in sections on youtube:
1. Intro, older coins, toned coins 2. Doubled dies 3. Die events, One of a kind errors 4. So called errors, Coin information 5. Coin information Types and Varieties, Overlays
Jefferson nickel doubled dies Wexler/Rebar complete listings

trail dies:http://www.traildies.com/
Pillar of the Community
Learn More...
United States
5455 Posts
 Posted 08/13/2020  01:22 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
.... to the Community!

I agree with Coop.... value added from grading would not make up for the loss in grading fees.

Nice coin!
Bedrock of the Community
United States
35570 Posts
 Posted 08/13/2020  04:57 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Maui808,
As a general rule a coin needs a retail value of at least $150 after slabbing to justify all cost involved in having it slabbed. Your coin is nice but does not grade high enough. Here is a link on learning to grade: https://www.PCGS.com/photograde
Also,always best to remove coins from holders before taking pics whenever possible.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
Valued Member
United States
133 Posts
 Posted 08/13/2020  05:03 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
Very beautiful coin...but being in the holder makes it hard to see everything. I see a mark on his cheek...a little rim nick at 3 on the obverse...and a spot on N in ONE.
and that's just at a quick glance...the TPG will see everything.
Beautiful coin though.
smat
Bedrock of the Community
Learn More...
United States
50527 Posts
 Posted 08/13/2020  08:11 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Not worth grading, imo.
Pillar of the Community
United States
1608 Posts
 Posted 08/13/2020  10:20 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Nice coin. In addition to the observations above, I think I'm seeing a stain(?)/spot on the top of the right wheat stalk.

Very 2x2 worthy, or filling a hole in a Dansco album. Not worth submitting for grading.
Pillar of the Community
United States
588 Posts
 Posted 08/13/2020  10:21 am  Show Profile   Bookmark this reply Add RobO411 to your friends list Get a Link to this Reply
I agree with (everyone).
  Previous TopicReplies: 7 / Views: 223Next Topic  
 
To participate in the forum you must log in or register.



Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2020 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2020 Coin Community Forums
It took 0.45 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05