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Should I send these coins in to grade?
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Should I send these coins in to grade?
Hey everyone! I have 4 Lincon Cent coins here that I am considering being sent for grading. Based off what I see about these 4 coins on PCGS and auction sites, they could be worth grading to potentially sell at auction. This is something I've not done before, so any input or advice would be very much appreciated!
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Originally posted by amgil27 View PostHey everyone! I have 4 Lincon Cent coins here that I am considering being sent for grading. Based off what I see about these 4 coins on PCGS and auction sites, they could be worth grading to potentially sell at auction. This is something I've not done before, so any input or advice would be very much appreciated!
Thank you!
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In my opinion, the 68s would get a details grade with that scratch on the obverse.
The others, they are not super high grades, so you'd spend close to $100 in grading fees and postage. In my opinion, these coins on a good day might buy you a small bottle of water at a local store.
i would be shocked in these sold at auction. I have 5000 BU 1968-s Lincolns and none are higher than gem bu. I cherry picked the errors and varieties and sell the rest.
Anything that is pulled from circulation, is circulated.
The photos show circulation damage and wear.
It's up to you, I don't push people in any direction.Gary Kozera
Website: https://MintErrors.org
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Thank you, everyone who has commented on my post here. With these coins, I didn't find anything that I thought was an error or making them a special variety or anything like that. Since I am so new to this world of coins still, I look at them and see yes, they've clearly been circulated, but they look like they're in really good condition still! So... to my untrained eye, I don't see them as in quite such rough shape as they apparently are. So, this was very helpful in pointing out that I have a lot more learning to do in regards to examining the quality of my circulated coins. I'll be doing much more research. Thanks again!!
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Here is a video on coin grading that I found interesting. I am also a novice at grading and found this useful. https://www.youtube.com/watch?v=Apn-..._6fsYgj8YMJJLM
I made the mistake of getting excited about some coins 15 years ago and sent in a bunch for grading. I did get a couple of MS 63 and 64 grades on 1961 Lincolns and a MS 63 on a Franklin DDR, an MS 60 on a Kennedy DDO and a PR 67 on a heavy cameo Jefferson nickel with 6 steps. None of them have a value greater than the cost to grade so I just paid for a bunch of fancy plastic holders.
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Originally posted by amgil27 View PostThank you, everyone who has commented on my post here. With these coins, I didn't find anything that I thought was an error or making them a special variety or anything like that. Since I am so new to this world of coins still, I look at them and see yes, they've clearly been circulated, but they look like they're in really good condition still! So... to my untrained eye, I don't see them as in quite such rough shape as they apparently are. So, this was very helpful in pointing out that I have a lot more learning to do in regards to examining the quality of my circulated coins. I'll be doing much more research. Thanks again!!
Let us know if you need websites to research. There are a few dozen sites listed on this Forums main web page at the bottom.
As for grading, it depends on what you want to pursue, but they do offer several days of classes to become an ANA certified grader.
A cheaper way out is to go to the third party grading site that you might be sending coins to. If it is PCGS or NGC, they offer some grading tips, and what they look for. I am not too sure if ANACS has the grading tips or not. In my opinion, ANACS grades coins a bit tougher, which is a good thing.
I will proactively assist with a couple websites. It should be close to all of the grading companies, if they follow the ANA Standard.
https://www.money.org/official-grading-standards
https://www.ngccoin.com/coin-grading-guide/
Happy hunting.Last edited by MintErrors; 01-11-2023, 02:09 AM.Gary Kozera
Website: https://MintErrors.org
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