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Bought A Roll Of Uncirculated 1957/ 1958 Lincoln Wheat Cents. Help Me?

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United States
6 Posts
 Posted 04/22/2023  11:06 pm Show Profile   Bookmark this topic Add Chelsi2d to your friends list Get a Link to this Message Number of Subscribers
So I'm pretty new at this coin collecting thing. I most definitely don't want to send them to get graded if it's not worth my time. I've seen the prices on PCGS, and I feel like I may have something. I took photos of a few different varieties I have, but for the most part all 50 look almost identical in quality. I took photos with and without flash, magnified and focused. Any help grading these for me would be appreciated:)
Bought-A-Roll-Of-Uncirculated-1957/-1958-Lincoln-Wheat-Cents.-Help-Me?
Bought-A-Roll-Of-Uncirculated-1957/-1958-Lincoln-Wheat-Cents.-Help-Me?
Bought-A-Roll-Of-Uncirculated-1957/-1958-Lincoln-Wheat-Cents.-Help-Me?
Bought-A-Roll-Of-Uncirculated-1957/-1958-Lincoln-Wheat-Cents.-Help-Me?
Bought-A-Roll-Of-Uncirculated-1957/-1958-Lincoln-Wheat-Cents.-Help-Me?
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nickelsearcher's Avatar
United States
15420 Posts
 Posted 04/23/2023  06:38 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF

Suggestion - start a new thread for each coin with full size (800x800 dpi), in-focus and properly oriented photos showing the full obverse and reverse of each coin - then our experts will gladly offer their views.

Your thread with multiple coins in various orientations is only going to cause confusion.


Quote:
I've seen the prices on PCGS


Good! This immediately puts you light years ahead of many newer collectors who somehow believe they need to get their shiny coins graded to realize the thousands of dollars in value they must have.

You've done the right thing to reach out to us. We have real experts who will offer valued and accurate opinions. Follow my advice above and we'll get you on your way.
Take a look at my other hobby ... http://www.jk-dk.art
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John1's Avatar
United States
56855 Posts
 Posted 04/23/2023  07:27 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

You need to take photos of coins out of any kind of holders. A coin needs a retail value of at least $100 to justify all costs involved in sending them in.Here is a link on grading:https://www.PCGS.com/photograde/
John1
Edited by John1
04/23/2023 07:27 am
New Member
United States
6 Posts
 Posted 04/23/2023  08:50 am  Show Profile   Bookmark this reply Add Chelsi2d to your friends list Get a Link to this Reply
Thank you all so much. I will post a new thread later this afternoon. I truly appreciate the advice. Everyone has been so helpful so far and it's awesome
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/23/2023  08:57 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Check your pics first to be sure they're right-side up!



to the CCF!
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panzaldi's Avatar
United States
18662 Posts
 Posted 04/23/2023  09:27 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I agree with John on not submitting coins but I have to bump his $100 to $150. PCGS requires a subscription starting at $69 plus grading of $22 plus shipping and insurance both ways. there are only two reasons to grade a coin

1. you have a rare coin that requires authentication
2. you have a coin over $150 that you are planning to sell and want to get max value from it, however, I would add that its way to expensive to grade just one coin unless it has much more value as you can see. most seasoned collectors dont waste their $$ slabbing coins. members here are as good as they are in grading

here is some help to get better photos.

1. if coin is in holder, remove coin from holder if possible

2. turn off flash

3. place coin on flat surface with indirect natural light. maybe a window sill in a cloudy day. Use a black or white background to avoid any reflective color

4. move phone about 3in from coin

5. zoom in using your fingers until the coin comes into focus and fills the cameras view finder. if your phone has a portrait selection use that and then press and hold on the coin in the view finder to AF lock it

6. hold phone steady. if you cant then place something on either side of the coin (like books) at that distance and lay phone between them. this will hold it steady and allow you to zoom and take the photo without any blurring
Edited by panzaldi
04/23/2023 09:28 am
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Hordfest's Avatar
United States
208 Posts
 Posted 04/23/2023  1:20 pm  Show Profile   Bookmark this reply Add Hordfest to your friends list Get a Link to this Reply
@panzaldi

It is worth noting that the PCGS platinum membership is $249 and includes 8 grading vouchers. If you are grading at least 8 coins the membership cost is not actually any "extra" per say as long as your 8 coins are worth under $2,500 each. It actually saves you money on the first 8 coins since standard service is normally $40 per coin.
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panzaldi's Avatar
United States
18662 Posts
 Posted 04/24/2023  07:40 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
Hordfest - I'm aware of the various subscription levels and vouchers. typically the individuals looking to submit a coin (almost always circulated) have never subbed one before and its the only coin they have to grade. i'll update my comment in the future though to include vouchers. I'm just attempting to have these folks not waste their money. I would not post this if the coin presented had a fair value to make it worthwhile but I would ensure that they were aware of the total costs of grading a single coin.
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BadThad's Avatar
United States
19947 Posts
 Posted 04/24/2023  1:14 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
BU rolls of these years are common. To the untrained eye, you may think you have something but chances are the coins all range from MS-60 to MS-64. Finding a high grade, gem in a couple of rolls is highly unlikely.
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panzaldi's Avatar
United States
18662 Posts
 Posted 04/25/2023  08:25 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
Finding a high grade, gem in a couple of rolls is highly unlikely.




i have several Unc rolls from the 50's and 60's and a real nice roll of 55S cents. there are a couple that would grade at 66 but none that would pull the elusive 67 which would be needed to justify grading

badthad and grospoisson have both gone through literally thousands of these with only a handful worth the cost of grading. just check out their posts
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KYCopperCoins's Avatar
United States
1361 Posts
 Posted 04/27/2023  8:06 pm  Show Profile   Bookmark this reply Add KYCopperCoins to your friends list Get a Link to this Reply
Watch out, the hobby is quite addictive. You'll learn a lot by sharing here, just keep in mind a few things in each post. Try to get your pictures as close to what you have in hand as possible, view the photos before posting and ask yourself the simple question, "is this photo good enough detail to give a fair grading estimate?" I'm fairly certain most of the posts from newer members, including myself when I joined ccf were full of photos which were not good enough for a fair grading estimate. Good photos will receive more replies.

Many factors cause most circulation strike coins to be less than perfect. Planchets were abused. Master dies used to manufacture the minting dies were used multiple years many times. Die pressure was less than optimal many years to increase lifespan of the dies used to mint the coins, leading to weak, mushy strikes. Die wear from over-used dies. The coins on top of that shoot out of a die at a decent speed, fall into a container on top of other coins causing damage, then receiving more damage when more coins are kicked out into that coin. After that they are/were transferred to large bags which have an enormous amount of weight in them, usually stacked on top of each other, tossed around, etc, then eventually shipped to the banks to be put into machines that roll the coins which oftentimes damage the coins, especially on the crimping ends.

All this before ending up in the hands of the consumer.

To find a perfect business strike coin is probably harder than finding a needle in a haystack, but that's what most of us like about the hobby.

Look forward to seeing you on the forums.
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BadThad's Avatar
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19947 Posts
 Posted 04/27/2023  8:34 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
You missed one KY....

And PCGS unfairly manipulates the grades above 66.
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United States
984 Posts
 Posted 04/27/2023  9:48 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Quote:
You missed one KY....

And PCGS unfairly manipulates the grades above 66.
.

My biggest Beef is the product PCGS shows on their website. Many coins submitted seem to have way less issues than certified PCGS ms-67 coins. As KY has stated a coin must pass through a gauntlet before it gets into your hands. Rare enough indeed! Surly coins that are almost flawless should come before the color the copper has turned into because of storage locations. However PCGS gravitates to assigning higher grades to the eye appeal bump seemingly oblivious to some contact marks, because it's more market friendly. BadThad is absolutely correct when he says grades above ms -66 are manipulated.
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panzaldi's Avatar
United States
18662 Posts
 Posted 04/28/2023  09:04 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
Many coins submitted seem to have way less issues than certified PCGS ms-67 coins.


i have said for a long time that it really comes down to who they assign your coin to. most likely the next person in line whether they are experienced in the series or not. this can be readily seen in the grading of Buffs. my guess is especially for the LWC and LMC's they probably spend just a minute or two looking at them and dont compare them to any previously graded coins unless they appear to be a grade high enough they look to make sure they are not giving top pop or if there are only a handful of 67's and above they downgrade the coin.

just my thoughts on this and why I dont believe in slabbing coins in almost every c ASE
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