1918 Penny- Worth Sending In To Be Graded?

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Author	Replies: 4 / Views: 1,849
BobAlmighty125 Valued Member United States 199 Posts	Posted 06/28/2013 03:17 am I happened to stumble across an 1918 penny on ebay. I picked it up for $5.50 (I'd call it at least an XF). Krause (37 ed.) has VF valued at USD$10, XF at $220, and UNC at $1,850 Is this coin worth the $40 to send in to IGC? I'd post pics but it hasn't shown up in the mailbox yet. Edited by BobAlmighty125 06/28/2013 03:40 am Report this Post to the Staff

enworb Pillar of the Community Australia 4411 Posts	Posted 06/28/2013 04:08 am Have you got a link to the coin? US grading is notoriously softer than Aussie standards. It would have to be aUNC at least by Aussie standards to warrant sending itto PCGS. Edited by enworb 06/28/2013 04:10 am Report this Post to the Staff
BobAlmighty125 Valued Member United States 199 Posts	Posted 06/28/2013 04:28 am http://www.ebay.com/itm/141000692892 I think I might just be a little overly ambitious: I'm a small-time collector and this would be my first piece over $60 Report this Post to the Staff
enworb Pillar of the Community Australia 4411 Posts	Posted 06/28/2013 07:00 am The reverse looks around fine and I would guess the obverse is very similar. There is also a bit of verdigris. Its probably worth a couple bucks up to $5 maybe. Its a harder date in higher grades but not overly scarce in average grades. Having said that its a coin worth hamging onto if you plan on collecting Aussie coins. The KGV pennies are our best coins issued IMO are what I most actively seek for my collection. Report this Post to the Staff
peter1234 Pillar of the Community United Kingdom 1351 Posts	Posted 06/28/2013 08:00 am You paid the market value. Report this Post to the Staff
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