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Modern Lincoln Pennies

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 Posted 11/07/2022  6:32 pm Show Profile   Bookmark this topic Add Coins4grass to your friends list Get a Link to this Message Number of Subscribers
Are there any shield pennies worth holding on to
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Coinfrog's Avatar
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 Posted 11/07/2022  6:43 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Seems too broad a question, but I'll wait for the experts.



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HondoB's Avatar
United States
25241 Posts
 Posted 11/07/2022  6:48 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Proof versions of Lincoln Shield cents would be great for a type set.
Inordinately fascinated by bits of metal with strange markings and figures
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Spence's Avatar
United States
34410 Posts
 Posted 11/07/2022  6:52 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@coin, I suppose it is going to depend a little bit about what you mean by "worth". For sure there are some minor doubled dies among the shield cents, so there are folks out their pulling these from circulation to add to their error/variety collections. Only time will tell whether these cents will actually increase much in numismatic value. Certainly save errors such as rotated dies, MADs, etc. as these seem to have broad appeal.

Here is a link to the varietyvista page to help you with your DDO / DDR research:

http://varietyvista.com/01e%20LC%20...Listings.htm

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"The danger we all now face is distinguishing between what is authentic and what is performed."
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T-BOP's Avatar
United States
18456 Posts
 Posted 11/07/2022  8:03 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
Seems too broad a question, but I'll wait for the experts.

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datadragon's Avatar
United States
1648 Posts
 Posted 11/08/2022  10:01 am  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply


Modern coins including the shield cents GENERALLY are produced in very high quantities and so unless it is graded to be a very high grade example by a third party grading company at a cost (or it contains some type of variety or error on the coin that is a topic for another day already mentioned) it is typically going to remain at face value in years to come for awhile. There IS some value to high graded examples so they are worth keeping when new in rolls or mint sewn bags unlike the pocket change finds that have wear on them with no errors or varieties. You can take a look at the NGC price guide for example at this link to see what value it can have after grading and placed into a NGC graded holder. https://www.ngccoin.com/price-guide...s/cents/101/

Keep in mind that there is a cost for grading, and so this cost can be more than the end value its worth with a lot of the modern coins unless you had a rare top top grade or better so generally its probably not a good idea to send in too many of the modern coins to be graded for profit reasons until you are very good at learning what such a top grade coin will look like and even then its not often those high grades come back so its something like speculation/gambling with modern coin grading when only the very top grades have decent value and the rest would be worth less than total cost of grading fees in many cases. Over time if its shown in the price guide it has value now they can increase potentially as well.

Also: The 2019 W Lincoln Shield cent (Penny) is the first Lincoln Cent minted at the West Point Mint. This uncirculated quality coin comes as a free premium item included with a 2019 Uncirculated Mint Set purchased from the US Mint in 2019 which is why its value is higher and a good one to keep.
Edited by datadragon
11/08/2022 1:16 pm
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KenKat's Avatar
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4085 Posts
 Posted 11/08/2022  5:37 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
One of each date and mint mark!
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 Posted 11/08/2022  9:33 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
I only keep proofs or errors.
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