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Black Spots On The Lincoln Penny's, Does This Devalue The Coin Much?

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103070's Avatar
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 Posted 03/03/2019  10:26 pm Show Profile   Bookmark this topic Add 103070 to your friends list Get a Link to this Message Number of Subscribers
So exhausted seeing these very nice pennies with the black spots on them. Does this devalue the coins and if so by how much?
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GrapeCollects's Avatar
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 Posted 03/03/2019  11:17 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
to the community!

, if you provide those we can provide the help!
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Dorado's Avatar
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 Posted 03/04/2019  12:09 am  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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jbuck's Avatar
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 Posted 03/04/2019  09:29 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Your post was moved to the appropriate forum for the proper attention.
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T-BOP's Avatar
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 Posted 03/04/2019  09:53 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To CCF , we need photos of some of the coins in question to determine the extent of devaluation . But even if they have a couple of black spots ,yes it will take away some of the value .
Edited by T-BOP
03/04/2019 09:54 am
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BadThad's Avatar
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 Posted 03/04/2019  7:34 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
It highly depends on the specific coin. In general, spots will reduced the coins grade which, of course, reduces the value.
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Coinfrog's Avatar
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 Posted 03/04/2019  7:43 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
No way to judge without pics.



to the CCF!
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 Posted 03/04/2019  8:26 pm  Show Profile   Bookmark this reply Add Katatak to your friends list Get a Link to this Reply
hi, I am new here but what I have learned is that condition is crucial to the value of the coin. Unless it is a very rare coin.
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GrapeCollects's Avatar
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 Posted 03/04/2019  11:08 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Correct. But again, what coin are you referring too? A 1979 Lincoln Cent isn't worth anything but face. A uncirculated 1909S VDB is 2k or up. It depends on the age, mintage, and survival rate of the coin. As well as market desirability.
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 Posted 03/05/2019  08:02 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

When asking about a coin it usually helps with a photo of what your talking about.
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jbuck's Avatar
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chafemasterj's Avatar
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 Posted 03/05/2019  11:07 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Welcome to the Forum. You've come to a phenomenal place to share and learn. Enjoy!
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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Conder101's Avatar
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 Posted 03/05/2019  6:07 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
condition is crucial to the value of the coin. Unless it is a very rare coin.

And even then it is still important. A very rare coin in better condition is still going to be worth more than the same coin in lesser condition.
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Coinfrog's Avatar
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 Posted 03/05/2019  6:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Exactly so.
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BadThad's Avatar
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 Posted 03/05/2019  7:10 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
hi, I am new here but what I have learned is that condition is crucial to the value of the coin. Unless it is a very rare coin.


True, then false. Condition is EVERYTHING for ALL coins at all times.
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103070's Avatar
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 Posted 03/06/2019  10:41 pm  Show Profile   Bookmark this reply Add 103070 to your friends list Get a Link to this Reply
I will provide pics asap.
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