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1960 D Lincoln Cent From Bankroll Looks Brand New

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somenewbie's Avatar
United States
22 Posts
 Posted 12/20/2023  3:46 pm Show Profile   Bookmark this topic Add somenewbie to your friends list Get a Link to this Message Number of Subscribers
Hello Coin Family. I have here a 1960-D Lincoln Cent, small date, which I plucked from a bank roll. I am amazed at the condition of this coin and I'm looking for opinions concerning it's probable grade were I to send it off to PCGS and then on to auction. Is it worth the effort? If it could fetch more than the cost of grading service and postage, etc., then I would be happy. It's fun to find stuff, but I would like to get aquainted with the process of getting coins of good grade in front of folks at auction and see if this hobby might become self sustaining financially. The pic of the reverse showing letters in "AMERICA", am I seeing possible doubleing in some of the letters? Particularly, the "E" "R" "C" and "A"? Or am I just another delusional newbie obsessed with finding something with double die? Thank you in advance for taking the time.
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/20/2023  3:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'd say MS-63 tops, maybe not even that. Not much value in this state.



to the CCF!
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Cujohn's Avatar
United States
7174 Posts
 Posted 12/20/2023  4:34 pm  Show Profile   Bookmark this reply Add Cujohn to your friends list Get a Link to this Reply
to the CCF While this is a nice find from a roll, there are original rolls and bags of these still that haven't been opened. To be worth grading, it would have to be perfect. Meaning no hits , scratches or imperfections.
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ijn1944's Avatar
United States
19167 Posts
 Posted 12/20/2023  5:04 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Nice coin. I'm thinking it falls in the MS61-63 range. Perhaps a touch of Die Deterioration on the reverse. Suggest not submitting it for grading--just my opinion. Would be a good album hole filler until better comes along.
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IndianGoldEagle's Avatar
United States
36770 Posts
 Posted 12/20/2023  7:06 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
A little baggy but decent looking. MS-63RD.
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mcshilling's Avatar
Canada
9162 Posts
 Posted 12/20/2023  7:33 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
I'm in at MS63
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Errers and Varietys's Avatar
United States
74354 Posts
 Posted 12/20/2023  11:09 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'm thinking low MS range. MS-63 sounds right.
Errers and Varietys.
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BadThad's Avatar
United States
19961 Posts
 Posted 12/21/2023  12:48 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Pretty typical MS red coin, lots of field distractions, may have seen some action. AU-63
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BadThad's Avatar
United States
19961 Posts
 Posted 12/21/2023  12:53 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Here's a PCGS MS-65 for comparision.


1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
1960-D-Lincoln-Cent-From-Bankroll-Looks-Brand-New
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somenewbie's Avatar
United States
22 Posts
 Posted 12/21/2023  04:19 am  Show Profile   Bookmark this reply Add somenewbie to your friends list Get a Link to this Reply
Thank you all for taking the time to stop by and give your 2 cents on my 1 cent. Reading some of the other similar posts earlier, I have to say it's pretty unanimous verdict on grade, something I haven't seen often on other posts, and that was just what I was needing. Thank you again!
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panzaldi's Avatar
United States
18673 Posts
 Posted 12/21/2023  07:08 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
i can see it at AU58 or MS63. really doesn't matter much when it comes to value. at MS63 probably .30. it is a good find though. the ghosting you are seeing is from die deteriation.

as for grading. it doesn't make sense unless a coin is worth $150 or more. most seasoned collectors don't even slab their coins due to the cost. you could expect to spend a minimum of $18 (economy grading) plus shipping/insurance per coin each way plus a subscription to a grading service. For instance PCGS charges a minimum of $69 for a subscription other subscription levels include grading vouchers though so you could reduce these costs. As you can see it really is not worth grading any average coin
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somenewbie's Avatar
United States
22 Posts
 Posted 02/09/2024  06:17 am  Show Profile   Bookmark this reply Add somenewbie to your friends list Get a Link to this Reply
panzaldi thank you for the info. I have several like this, some nicer. Some wild error coins as well. Your post got me over to PCGS to look over the options and there is a bulk rate for sending several in one shot. Eventually, I gotta do it at least once just to have the experience of it. Never know, I've seen 2 Big Egos at a car auction pay 10 times the value on a vehicle due to a bidding war one evening. I imagine coin auctions aren't much different. But it's not really about the money, it's about the fun! That said, needs to pay it's own bills. I don't do wallet eating hobbies anymore. Learned that lesson already...
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Cujohn's Avatar
United States
7174 Posts
 Posted 02/09/2024  4:10 pm  Show Profile   Bookmark this reply Add Cujohn to your friends list Get a Link to this Reply

Quote:
I don't do wallet eating hobbies anymore. Learned that lesson already...
Apparently not, of you're going to submit average coins to a grading service.
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captainkurt's Avatar
United States
1406 Posts
 Posted 02/10/2024  09:14 am  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
I have been in this hobby for a couple decades now and been actively trying to grade coins for a few years. Grading skills take a very very long time, extreme dedication, and hundreds of thousands of coins reviewed to get good at with high grade examples and viable error coins. I will never expect to 'find' any coins worth the price of grading that I can turn for a profit. Period, Better luck with scratch offs at the 7/11.
Edited by captainkurt
02/10/2024 09:15 am
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/10/2024  10:12 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Who would spend grading fees on a 65RB 1960-D cent?
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BadThad's Avatar
United States
19961 Posts
 Posted 02/10/2024  12:48 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
Who would spend grading fees on a 65RB 1960-D cent?


Someone who thought it had a chance at 67. This coin is severely under-graded IMO. Do you see a 65 coin?
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