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 Replies: 15 / Views: 4,063 |
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New Member
United States
17 Posts |
*** Edited by Staff to clarify topic title. ***Does this coin have any value to it  
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Pillar of the Community
United States
8137 Posts |
unfortunately, there were over 1 billion of these made, so it's only worth about 5 cents
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Rest in Peace
United States
18456 Posts |
Nice condition but I agree with CoinCollector2012 . BTW It's a 1943-D . 1443 would be awfully rare .  Edited by T-BOP
09/04/2019 2:21 pm
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Rest in Peace
United States
17900 Posts |
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Bedrock of the Community
United States
94367 Posts |
Please show your images right-side up - this is important.  to the CCF! |
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Pillar of the Community
United States
2460 Posts |
 w/moxking & CoinCollector2012 nice steel wheatie for the bag, always a nice find. |
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Valued Member
United States
245 Posts |
i hear your responses but I'm curious what would you think the grading of it would be for something like this also what would it be worth for the ms grade. Its a matter of finding out if it would make a difference. I think any coin with better ms grade has a value though I wonder if I'm wrong on that and I'm sure its also based on years but how does one really know to grade based on year Sorry I know its alot.
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Pillar of the Community
United States
7375 Posts |
Even a nice MS63 is only worth a few dollars.
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Bedrock of the Community
United States
20753 Posts |
All old coins are really worth something and that one is worth a lot to a new collector. Value is not the important thing here, it's the collectors coin that is all important and worth whatever is important.
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Valued Member
United States
245 Posts |
just carl- If thats so then your saying theres no basis on coin values? Why get a RedBook or search check coins then when all you have to do is post a picture of everycoin you ever get and thats that. Is that what we should be doing then? Forgive me if I'm wrong it seems to me thats the very next step from you last statement as a coin seller. What should I do then ignore the books? Or just post pictures of everycoin? I'm legit trying to know if I'm waisting my time trying to score coins based on grading and errors and mettals am I spendig too much time on the wrong things Edited by youngmaster
09/06/2019 03:14 am
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Valued Member
United States
392 Posts |
Youngmaster, It's your hobby and you can do what you like.
Some of us are not collecting for the same reason you are.
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Bedrock of the Community
Canada
24885 Posts |
To the Forum. |
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Valued Member
United States
245 Posts |
Lionel90 right though I am trying to find a basis that will be fair to the buyer and seller. I mean like this person is asking. I would like to know what would make this penny valuable?... and why it isn't. This is to help understand better. Its weird I know sorry.
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Pillar of the Community
United States
7273 Posts |
Your question about what makes a penny valuable and these are the things 1) Rarity - as an example the 1909 S VDB and the 1931 S were both made with less than a million examples of each. So they are rarer than the average Penny, henceforth they have more worth. 2) Condition - now this also works with rarity. As an example the 1914 D will be more costly depending on condition than the 1931 S and the reason is that while more 1914 D were made, they weren't snapped up and henceforth many got circulated so a MS/AU 1914 D can sell for more than the 1931 S and even the 1909 S VDB as many of the S VDB were saved. 3) Desirability - you can have the most rare penny in the world and if it isn't desired by anyone else it's only worth 1 cent. 4) and this is the most important- the value of anything is only worth what someone else wants to pay for it. List a 1909 SVDB for $100 and you'll get a bidding war. List it for $2000 and it might never sell or wait a long time. The above reminds of a story the LCS tells. A person comes in with a complete 50 states quarter album in circulated condition. They ask the LCS what it's worth and the LCS says it's worth $12.50 And the person selling goes, why so little? I mean everyone collects these, the coins are pretty and I have a complete set. And the LCS goes, you are correct on all 3 counts and it's only worth $12.50 as EVERYONE has one. They aren't rare. It's the same with the 1943 penny. I have 11 examples of 1943 Steel pennies as extras plus 3 sets (pds) of AU/BU that I keep in folders. I like the way they look but I wouldn't pay much for 1.  Edited by hfjacinto
09/08/2019 3:10 pm
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Valued Member
United States
111 Posts |
Posted - 09/04/2019 : 3:40 pm
Please show your images right-side up - this is important.
to the CCF!
Actually upside down for me I have monitor on side and lay on floor.
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Valued Member
United States
245 Posts |
alright so value goes to above all els is desirability that is rare this is why its important for people to keep watching how much a person is willing to pay for another coin. ITs starting to paint the picture. These responses were helpful.
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Replies: 15 / Views: 4,063 |
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Posted 09/04/2019 2:20 pm
