A few months ago, (when I was even more of a newbie than I am now) I went to the bank for my first ever trip to buy actual coin rolls. I came home with 2 rolls of Loomis wrapped 2020-D Lincoln cents and 2 rolls of 2020-P
Roosevelt dimes.
When I opened them, I was greeted by rolls of immaculate, brilliant uncirculated coins. Since I was hoping I'd get rolls of with some silver or wheatbacks I was a disappointed and put them back in a mew wrapper and forgot about them until this week when I finally got around to going through my accumulations.
Im still very much the newbie, but I've accumulated some knowledge of the hobby and have found some sites that say the valuation of brilliant uncirculated (ms65) - which states as $2.22
I'm new to coin collecting but not new to collecting, so as much as I'd like to believe, I know that it's probably not the case that I can turn around my $5 coin roll purchase for $100.
So, I'm sharing this here to get a little wisdom and education on what my next steps should be. I mean, anyone who looks at these in person can tell they've never been anywhere but in their roll and that they are "brilliant", but would I still need to get them officially graded by PCGS or NGC? Would the cost to have them sign off on them make the whole effort a losing proposition? Do I just list them on
ebay or similar site with plenty of good pics and sell them for a lower price? And, like with my bigger experience as a collector of comics for many years, would this be a case of, "yeah you have some beauties there, but there are over a BILLION others out there and while an uncirculated, brilliant valuation of $2.22 is accurate, good luck actually getting that price - or even any takers."
As always, any light shed is good light. I'm thanking the community in advance for their weigh in and sharing their experience.
(The picture I'm including is only 44 of them. I pulled 6 aside for deeper inspection for suspected
Cuds, feeder finger, and other mint errors.)
*** Moved by Staff to a more appropriate forum. ***
Posted 10/05/2021 6:32 pm
Where do I start, just because a coin is new doesn't mean that it will grade MS. Most of the stuff coming out of the mint today won't grade 65. Just like your comics, the price guide says one thing, but good luck. Believe me I know, I'm sitting on a bunch of them. It will cost you anywhere from 10. to 40. to get a coin graded & slabbed. We usually suggest $150. min to slab.
