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Whether Or Not To Grade A Coin Double Struck Broadstruck 2001 D LMC

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United States
203 Posts
 Posted 07/23/2019  07:55 am Show Profile   Bookmark this topic Add hybrid to your friends list Get a Link to this Message Number of Subscribers
Well I received my double struck, broadstruck penny it now resides in a 2x2. I'm debating whether or not to get this thing slabbed and graded.

Would it be worth it?
Who is most reputable?
What's the average turn around time?
I have other questions but those are the main ones
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/23/2019  08:07 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Let's start with pics, please!
Valued Member
United States
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 Posted 07/23/2019  08:18 am  Show Profile   Bookmark this reply Add hybrid to your friends list Get a Link to this Reply

Whether-Or-Not-To-Grade-A-Coin-Double-Struck-Broadstruck-2001-D-LMC
Whether-Or-Not-To-Grade-A-Coin-Double-Struck-Broadstruck-2001-D-LMC
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John1's Avatar
United States
56855 Posts
 Posted 07/23/2019  09:00 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Even though it is better than an average broadstrike,I don't think all the costs involved would be worth it.Maybe ANACS if you had to.
John1
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BadThad's Avatar
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19935 Posts
 Posted 07/23/2019  4:28 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Nice error cent!
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jimbucks's Avatar
United States
4691 Posts
 Posted 07/23/2019  4:35 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Probably not worth the cost.
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nickelsearcher's Avatar
United States
15395 Posts
 Posted 07/23/2019  4:43 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
The cost of TPG grading are about what the error coin is likely worth on the market.

If your motivation for TPG slabbing is a way for your heirs to sell -fine.

If your motivation is flipping the coin for current cash then IMHO the TPG costs are a waste of your money - all knowledgable collectors who specialize in error coins know what this is.
Take a look at my other hobby ... http://www.jk-dk.art
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moxking's Avatar
United States
17900 Posts
 Posted 07/23/2019  4:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Nice looking, but once you pay 2X postage, invoice fee, and grading fee you could probably find one already encapsulated for less than that cost.

I agree that ANACS would be best on a Coin like this. Once you get to $200-300 minimum coin value and have a number of coins to submit together, then try NGC or PCGS.

All of those three graders are absolutely trustworthy although not everyone will always agree on anyone's grading.
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