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1944 Penny pocket change find. Is this a good coin to have graded?

[Deleted User][Deleted User] Posts: 64
edited December 18, 2022 5:55PM in U.S. Coin Forum
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    jonathanbjonathanb Posts: 3,430 ✭✭✭✭✭

    I would not have it graded. However my opinion is irrelevant.

    Serious question: Why would YOU consider grading this? Are you looking to make money? Are you looking for prestige? Do you like all of your coins are in plastic?

    Whether YOU should have it graded depends on what your goals are.

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    coinbufcoinbuf Posts: 10,771 ✭✭✭✭✭

    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    JimnightJimnight Posts: 10,821 ✭✭✭✭✭

    Nice find ... but I would pass on having the cent graded.

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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    CaptHenwayCaptHenway Posts: 31,564 ✭✭✭✭✭

    A coin worth three cents put into a $20 holder is still worth three cents.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    jonathanbjonathanb Posts: 3,430 ✭✭✭✭✭

    @CaptHenway said:
    A coin worth three cents put into a $20 holder is still worth three cents.

    Oh, I don't know. Someone might pay a dollar or two for the novelty. Here's a similar example: https://www.ebay.com/itm/134285057386

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    coinbufcoinbuf Posts: 10,771 ✭✭✭✭✭

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @coinbuf said:

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    I'm sure you won't have any trouble finding people who will buy your wheat cents for one cent each. How many do you have to sell? ;)

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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭
    edited December 18, 2022 7:38PM Answer ✓

    @coinbuf said:

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    I wasn’t referring to their copper value, but rather, about what they typically sell for.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    coinbufcoinbuf Posts: 10,771 ✭✭✭✭✭

    @MFeld said:

    @coinbuf said:

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    I wasn’t referring to their copper value, but rather, about what they typically sell for.

    I'm not in the dealer business so what a dealer pays for common date culls is not important or relevant to me, as a collector I don't collect such items so the coin is worth 1 cent to me. You are free to place whatever value you choose to on it.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭

    @coinbuf said:

    @MFeld said:

    @coinbuf said:

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    I wasn’t referring to their copper value, but rather, about what they typically sell for.

    I'm not in the dealer business so what a dealer pays for common date culls is not important or relevant to me, as a collector I don't collect such items so the coin is worth 1 cent to me. You are free to place whatever value you choose to on it.

    Your initial post didn’t indicate that “…only worth the 1 cent face value…” was what it was worth to you. It doesn’t really matter what it’s worth to you or to me. The value is determined by the marketplace.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    coinbufcoinbuf Posts: 10,771 ✭✭✭✭✭

    @MFeld said:

    @coinbuf said:

    @MFeld said:

    @coinbuf said:

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    I wasn’t referring to their copper value, but rather, about what they typically sell for.

    I'm not in the dealer business so what a dealer pays for common date culls is not important or relevant to me, as a collector I don't collect such items so the coin is worth 1 cent to me. You are free to place whatever value you choose to on it.

    Your initial post didn’t indicate that “…only worth the 1 cent face value…” was what it was worth to you. It doesn’t really matter what it’s worth to you or to me. The value is determined by the marketplace.

    Actually, it does matter as I would only pay one cent, so what the market values it at is not relevant to me. That would only be relevant if I was in the market to buy or sell such a coin, which I am not. You can continue to pick nits all night if you like I'm done with this nonsense.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭

    If trying to provide an accurate value (as opposed to understating it) is picking nits, I’ll continue to pick. Thank you.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    jmlanzafjmlanzaf Posts: 32,001 ✭✭✭✭✭

    @coinbuf said:

    @MFeld said:

    @coinbuf said:
    A neat change find, but only worth the 1 cent face value, not a coin to submit.

    Things aren’t quite that bad - the coin’s worth about three times what you said.

    For the copper value sure, and if it ever becomes legal to melt copper cents then I'd agree with your assertion, but until then I'll stick with my one cent value. ;)

    It has nothing to do with the copper value. Bulk wheat cents sell for $180 per bag.

    Please don't spread misinformation.

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    jmlanzafjmlanzaf Posts: 32,001 ✭✭✭✭✭

    @MFeld said:
    If trying to provide an accurate value (as opposed to understating it) is picking nits, I’ll continue to pick. Thank you.

    These low ball value estimates pop up all the time on the forum and yet people insist that the BST is a good place to sell coins....hmmm.....

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    @lcourtney123 ... A worn wheat cent, with some PMD due to handling. Good for a date sequence album. I keep wheat cents I get in circulation. Cheers, RickO

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    davewesendavewesen Posts: 5,860 ✭✭✭✭✭

    3.8 g is really heavy, can you compare diameter and thickness to other Lincolns?

    and then weigh again to see if that is correct, should be closer to 3.0 g with that wear

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