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1982 P Sm Date Zinc DDR Lincoln Cent

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Author Previous TopicReplies: 8 / Views: 757Next Topic  
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United States
2 Posts
 Posted 10/19/2022  03:52 am Show Profile   Bookmark this topic Add Biglou25 to your friends list Get a Link to this Message Number of Subscribers
Hey I have a 1982 Small Date DDR zinc 2.5g penny in Prestige Condition, I know the last 1 sold for $2,400 in OBKY 62 grade can you lmk what u think please, I'm thinking my coin is easily 67+
1982-P-Sm-Date-Zinc-DDR-Lincoln-Cent
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jbuck's Avatar
United States
188770 Posts
 Posted 10/19/2022  09:14 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Your reply was split into its own topic for the proper attention.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/19/2022  09:29 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You say DDR, but this is the obverse.



to the CCF!
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Willburton's Avatar
United States
2558 Posts
 Posted 10/19/2022  09:43 am  Show Profile   Bookmark this reply Add Willburton to your friends list Get a Link to this Reply
If it is the big DDR thats awesome and it may grade a 62RB. I don't think it deserves that but they can be generous with rare varieties.
P.S. no coin you find in change or roll hunting is a 67+.
Edited by Willburton
10/19/2022 09:44 am
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silviosi's Avatar
Canada
6244 Posts
 Posted 10/19/2022  11:24 am  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
Please show the Reverse in order to see if it is FS-801. According with the Observe be happy if you will be attribute 62 which I do not believe. I do not believe you has the DDR FS-801 with the Observe design of the bronze coin.
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Earle42's Avatar
United States
10038 Posts
 Posted 10/19/2022  2:22 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I have heard it said on this forum many times that unless a coin is worth 150.00, the you won't come out ahead due to grading costs.

If you like losing money, ignore the rest of this

Consider the grading companies (TPGs) are businesses:
1. Ask yourself why a business exists.
2. TPGs record/publish how many of the highest graded slabs, let's call them "money-slabs," they have assigned.
3. The less money-slabs assigned a specific coin increases the market price people pay to own one.
4. Therefore more and more people pay the companies to slab their coins hoping for a money-slab.
BTW:
5. The invention of online registry set competitions has boosted the prices of slabs considerably - another genius marketing idea.

B/c TPG's use no verifiable scientific standards for grading, cracking out a coin and resubmitting (even to the same company) means different grades can/do result. Hence the company's profitable "re-slabbing game" exists with people re-submitting and hoping for a money-grade slab.

If you just like collecting slabs for what they are, then go for it and enjoy the slabs/hobby (including registry sets)!
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Edited by Earle42
10/19/2022 2:24 pm
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Dearborn's Avatar
United States
96451 Posts
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United States
797 Posts
 Posted 10/19/2022  3:32 pm  Show Profile   Bookmark this reply Add JTCC to your friends list Get a Link to this Reply
please provide the image of the reverse, too.
One thing I can say is that this coin would not grade MS-67, some traces of light circulation can be observed.. I say AU-58.
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merclover's Avatar
United States
10635 Posts
 Posted 10/19/2022  3:35 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
No need to hold your coins when photographing them. Lay them on a hard surface and photograph them from above. Always show us both sides of your coin, especially when you declare it to be a DDR. You didn't even show us the reverse,
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