What To Do With A Mislabeled Inb Graded Penny ? Pleashelp

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 2,578
Kroseph33 New Member United States 14 Posts	Posted 02/19/2014 10:19 pm Hi so I'm pretty new to coin collecting and I bought a lot on ebay and in that lot were about 8 graded pennies from INB. On one of the slabs I noticed it said 1963-d penny uncirculated but when I looked at the coin it was a 1964-d penny. So I'm not sure what to do if anything . Is this a usual occurance or is it rare ? Please help I attached a pic Report this Post to the Staff

Lyle Kruse Valued Member United States 256 Posts	Posted 02/19/2014 10:26 pm Looks basement slabbed to me Report this Post to the Staff
Classic Coins Pillar of the Community United States 940 Posts	Posted 02/19/2014 11:34 pm I don't understand why anyone (not you) would pay to put a modern Lincoln Cent with a value of $10 at the most in a bulky slab that doesn't even have a numerical grade. What a waste of plastic. I understand you got this as part of a collection, but if I acquired the coin, I would break it out of the slab and put it in a flip just so it took up less space. I hope you keep up with coin collecting, but beware of buying hyped-up coins. "Certified" coins from fly-by-night certification companies are not respected, and are difficult to sell when you decide to do so. Edited by Classic Coins 02/19/2014 11:39 pm Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 02/20/2014 08:22 am INB is a SSS (Shameless Self Slabber). Ignore them (unless you decide to collect slabs, not coins). Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 02/20/2014 09:55 am It's worth less in that disreputable plastic than it is raw. And if a basement slabber like INB won't call the coin MS66 or better, it can't be worth a premium. MS65 for this one doesn't justify the cost of slabbing. Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 02/20/2014 10:02 am The slab means nothing ....... it means nothing to the coin, it means nothing to value of the coin. If you just want to keep the coin safe, then keep it in the slab. If you have an album, crack it out of the slab and put it in the album without any worries that you are lessening the value of this $.25 coin And to the community Report this Post to the Staff
Kroseph33 New Member United States 14 Posts	Posted 02/20/2014 10:42 am Well thank you so much for everyone's input . I definitely like this community , people are very informative. So thanks again guys Report this Post to the Staff
	Replies: 6 / Views: 2,578

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Third Party Coin Grading (TPG): PCGS, NGC, ANACS, ICG, ETC.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

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 - 2026 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

It took 0.27 seconds to rattle this change.