1984 ddo cent: grade or not?
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1984 ddo cent: grade or not?
I’m fairly new to coin collecting and never had a coin graded. My father left me two 1984 DDO (ear) cents in circulated condition. He found them coin roll searching. I’m trying to determine if they’re worth sending to ANACS in one of those package deals. My ultimate goal is to pass these to my kids and have them ready for collection or easy sale as they see fit, though, hoping they’ll collect. I appreciate any thoughts or insight on this.Tags: None
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In my opinion, this is complicated and I will try to give you options.
First you will have to look at each coin and determine the grade. Even if the grade is a rough guess, it will give you an idea of the approximate value.This is important because the grade affects the value. Typically, varieties that are circulated are worth significantly less than the uncirculated ones.
There are three grade designations for thecLincoln cents as well. They are based on color. They are Red, Red Brown and Brown. I would have to guess since the coin is circulated that it will be either Red Brown or Brown.
Armed with the approximate grade and color, you can head over to PCGS website to get an approximate value.
https://www.pcgs.com/coinfacts/coin/...bverse-rb/3061
Third party grading services are not cheap. On average, a rough guess if your sending 10 coins in and they need slabbing, grading and verification fee for each coin it will average out to approximately 24 to 25 bucks per coin. You can save a few bucks by becoming an "ANACS insider" . The Insider gives a slight discount on a few items like the verification or research fees. You might be a le to find more info on the ANACS website, or call them to become an insider.
ANACS are at many shows in the area. I know the ANACS rep for Virginia. It helps talking to a rep as they can offer suggestions on how to send the coins via grading tier and what type of timeline the service will take.
From past experiences with ANACS, most submissions used to take about 7 weeks with any sort of verification or research fees.
My last submission took about 109 days which in my opinion was way too long.
People slab coins for many reasons and you hit the nail on the head for most of them. For the folks who want to slab them for protection and passing down to someone else, its a viable option. Return on investment may not play heavily in this case.
Then you have the option of them eventually selling them. If this happens, the cost to get them slabbed, graded and verified may e clse to or higher thanthe coin is worth.
The decision is totally on you. Another option is to see if there are any of these variety available already slabbed and the label me tions the DDO number. Some times buying them slabbed will be lower than sending them in.
What ever your decision will be, you have to weigh in several factors like, was the person who found the coin and did a self attribution is correct? You should look over the coin and ensure it is. Go to http://varietyvista.com and make sure the images on your website match with your coin.
If you do send them in you will haveto assume the risk, costs, time and any other circumstances with the submission.
Good luck with you decision.
Three helpful posts:
How to take better photos with a Cellphone:
https://board.conecaonline.org/forum...th-a-cellphone
Gary Kozera
Website: https://MintErrors.org
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Thank you very much. My father (finder) has them listed as CDDO-001. I will check the link you sent to confirm. I did bring them to a guy who’s pretty knowledgeable and he said they were legit double ears, but not sure if there are a few types or just one. Guess I’m off to learn more. Then will start learning how to grade. I appreciate your help. Thanks again.
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Charlee
In my opinion the way to go is by using the ANA grading standards here is a link:
The accurate grading of coins is an important part of the numismatic field. To many, grading is considered an art that requires years of experience to master.
Three helpful posts:
How to take better photos with a Cellphone:
https://board.conecaonline.org/forum...th-a-cellphone
Gary Kozera
Website: https://MintErrors.org
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