1962-P Lincoln Memorial Cent / LMC Worth Slabbing?

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Author	Replies: 7 / Views: 1,676
CouchDiver1978 Valued Member United States 386 Posts	Posted 02/09/2020 12:21 am I found this 1962-P LMC in a machine wrapped roll this evening and its definitely the best 62 I've ever come across. Not sure if it's worth the money to have it graded and put in to a holder. What do y'all think? Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 02/09/2020 04:25 am First step,what grade do you think it is? Second step,what is the value in that grade? Is the value more than $150? It cost around $150 all in to have a coin slabbed. In this case it would have to grade at least MS67 to justify the costs http://www.numismedia.com/rarecoinp...proof=&plus= John1 Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 02/09/2020 08:36 am Ahh yes ,the worm on the head variety . No ! this is not a candidate to be graded . AU-58 because you found it in a circulated roll . Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 02/09/2020 09:12 am Either way, worth just a few cents. Report this Post to the Staff
CouchDiver1978 Valued Member United States 386 Posts	Posted 02/09/2020 09:46 am Thanks for the feedback all. If I had to guess, I'd say it's in the MS 60-63 range, but this is just judging by and against the Morgan's that I have laying around. Not a great way to do it, but I don't have much else to go by that's stabbed and in my possession. Definitely not in the MS67 caliber. No high brass here, but is good enough for the book. Happy Sunday! Just clicked John1's link above. Nice resource man! Thanks 4 sharing! Edited by CouchDiver1978 02/09/2020 09:54 am Report this Post to the Staff
BadThad Bedrock of the Community United States 19930 Posts	Posted 02/09/2020 11:54 am It would have to be at least MS-67 to be worth it: https://www.PCGS.com/coinfacts/coin...2-1c-rd/2878 Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 02/09/2020 3:06 pm Quote: It would have to be at least MS-67 to be worth it: That's what I said Quote: CouchDiver1978 Here is a good link on grading coins including cents https://www.PCGS.com/Photograde/ John1 Report this Post to the Staff
Keith67 Pillar of the Community United States 6504 Posts	Posted 02/09/2020 3:20 pm Quote: It cost around $150 all in to have a coin slabbed. Don't know where your getting your coins slabbed. But that seams a little steep. I sent a 1858 Seated Half to PCGS and I think it was under $60 . Shipping and all Report this Post to the Staff
	Replies: 7 / Views: 1,676

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1962-P LMC Worth Slabbing?