Value of 1957-D Penny Roll BU

Stigmata

I just got back into coin collecting not too long ago, and my mother just gave me a roll of 1957-D BU that her mother gave to her. I'm wondering what the value of this may be?

TheCoinGod

Sorry...but very little.

coppercoins

About $7 high end retail.

TheCoinGod

Actually i was just guessing it was Lincolns, was it another coin?

TheCoinGod

ok there it says penny sorry

Stigmata

Wow, very quick replys heh. Not really the value I was expecting, I'm more of a newbie right now, so I live and learn eh? Anyway, thanks for the quick help guys.

KlectorKid

If there are nice MS-65+ coins in it, it could be worth much more than roll value.

merz2

Stigmata
Welcome.If I were you I'd go back into my profile and allow for Private Messages.Since you are a newbie collector,we'll take it easy on you LOL.If you knew how to grade you could cherrypick the roll.See if any were high grade or not.If you were lucky some could be worth more than a few $'s.

doops

all it takes is one ms67 and BOOM ! you're rolling in the dough....
not likely

Stigmata

<< <i>Stigmata
Welcome.If I were you I'd go back into my profile and allow for Private Messages.Since you are a newbie collector,we'll take it easy on you LOL.If you knew how to grade you could cherrypick the roll.See if any were high grade or not.If you were lucky some could be worth more than a few $'s. >>



I think I can do that fairly good. I've been looking at the grading scale here at PCGS, and have a good understanding on what to look for on a coins surface to determine its grade. Thanks for the suggestion.

Stigmata

Well, I decided to scan one of the little buggers. The pictures below show somewhat of the detail on one of the 1957-D Lincolns. All I found on this coin using a magnifing glass is 2 hairline marks above liberty. All the other ones in the roll seem to only have no more then 3 hairline scratches on them. What do you guys think the grade/value would be?
I couldn't get the image bigger without disorting the picture itself, so thats why their small.

dwood

If that's indicative of all of them, you have a roll worth more than $7.00. That scan is of a beautiful coin, and yes...I'd be interested if you're wanting to let it go

Email or PM me if you're interested (dwood@dwood.com). I'm a collector, and not a dealer, so it would be staying with someone who would love it and care for it forever (or as long as I'm able

Stigmata

<< <i>If that's indicative of all of them, you have a roll worth more than $7.00. That scan is of a beautiful coin, and yes...I'd be interested if you're wanting to let it go

Email or PM me if you're interested (dwood@dwood.com). I'm a collector, and not a dealer, so it would be staying with someone who would love it and care for it forever (or as long as I'm able >>



Sorry buddy, not for sale heh. Although I could use money (who never needs money?), but for one my mother would probably get pist off if I sold her mother's coins. And two, I'm just working on a small collection to give to my kids when I have them. Although, I will keep your offer in mind.

dwood

Sounds like they have already found w great home! For what it s worth, had you sold them to me, my daughter would eventually own them, and might have sold them BACK to your kids.

Hang on to them. As I said, if that scan is indicative, you've got a really sweet roll, and they'll bring a real premium for you or your kids one day (keep my email address just in case

Welcome to the strongest, but fondest obsession you'll ever have

Stigmata

<< <i>Sounds like they have already found w great home! For what it s worth, had you sold them to me, my daughter would eventually own them, and might have sold them BACK to your kids.

Hang on to them. As I said, if that scan is indicative, you've got a really sweet roll, and they'll bring a real premium for you or your kids one day (keep my email address just in case

Welcome to the strongest, but fondest obsession you'll ever have >>



Obsession? This has become more of an addiction for me. I've looked through everyone in my households change to see if I could find anything good! Even looked through my dads penny container thats the size of a paint can. Thing took me hours to look through heh.

dwood

You want the good news? Or the bad news????

(Good news: Its a GREAT hobby, one that will stay with you forever!)

(Bad News....OTHER PEOPLE HAVE PAINT CANS TOO! You're doomed!)
As I said before, welcome to the fold

Stigmata

Heh, well thanks for welcoming me. But anyway, back to the point of this topic lol. Anyone have a price range on the values of these coins now?

dwood

Its really hard to say but the estimate given earlier is fairly accurate ($7.00-$10.00). The scan you posted seems to be MS64 or better, and if that is indicative of the entoire roll, you could ask $25 or better and *might* get it from someone who looked at each and every coin and saw 64 or better. If that scan is the norm in that roll, you really do have a GEM roll and should get top dollar for it (on eBay, you might get $20 or so, but you'd have to describe it favorably, and the roll would have to back up your description). Being conservative, you might want to value it at $10.00-$15.00, again assuming the scan is indicarive f the rest of the roll.

Thenewguy

Dwood,
How can you even guess at a grade with the tiny little pictures? Am I missing something? I can hardly make out the date on the coins. I couldn't even venture a guess at the grade.
TNG

Stigmata

<< <i>Dwood,
How can you even guess at a grade with the tiny little pictures? Am I missing something? I can hardly make out the date on the coins. I couldn't even venture a guess at the grade.
TNG >>



Why would I lie about what I found on the coins? He's saying assuming from what I've told him and what I've seen on the coins themselves.

Thenewguy

I don't think you are lying at all, but more factors go into grading a coin then what someone can describe. Heck it is even hard to grade a coin from a large clear scan. Didn't mean to offend you or anything, I was just wondering how he could venture a guess at a grade with just a description, no matter how detailed, and a scan that is hard to make out even the date on. I hope he is right or even a little low on his grade guesstimate <--is that a word? and they are nice high grade coins.
TNG

coppercoins

<< <i>guesstimate <--is that a word? >>



I guesstimate that it is now....and agreed. I tried to give the most accurate answer I could earlier, I guesstimate it wasn't good enough.

You want a value for a roll? I have hundreds of them - no - thousands of them, along with many sealed bags to go along with them. The value for a 1957D cent roll, if sold at retail, is around $7. You want a value for each coin therein? Fine...take the coins out, have each one slabbed at $30, then we can start nitpicking coin for coin. Cent rolls (as rolls) always sell at a lower price than the value of each coin within. I could pick apart a $1 roll of 1960 cents and sell each one within the roll at 20 cents. Multiply it out and you would come up with $10 for the roll. Do I think I could ever get $10 for a roll of 1960 cents? I wish, I have over 400 of them.

If you want the maximum value of each of the coins within the roll, then ask for it. It's probably close to $250 or $300 depending on how many coins are worth slabbing, how much you intend on spending to slab them, where you sell the coins, who you sell the coins to, along with many, many other factors to include whether or not there are any die varieties in the roll. It could be as high as thousands of dollars, depending on whether or not there are any potential PCGS MS68RD coins in there. If you were to toss the roll up for sale, it would bring somewhere around $7. That answer still remains valid.

So now you have a little insight as to why people buy and sell original rolls of coins on a regular basis. Some (like me) look for die varieties - doubled dies, repunched mint marks, etc. Others strictly look for the juice - the high grade coins to have slabbed and make a fortune on. Yet others store them for preservation of history, or whatever their motive. At any rate, no matter how you slice it, if you were to put the roll up for sale, you might get a dealer to pay you $4.50 for it, and you might get a collector to pay $7-10 for it.

dwood

To thenewguy:

Gotta love photoshop and compupic! Save As...Enhance pixelation...have at it!

Its only as good as the picture, but if there's a scratch, or a spot, it will show. Wear is an issue sometimes on a small scan, but if you know its UNC, there should be NO wear at all, right?

Thenewguy

Dwood,
What is compupic? I will have try photoshop, I think I have it. I think mine is just the cheapo version that came with my digital camera. Is yours the full version? And is that what the enhancement feature is called "Enhance pixelation"? I haven't used much graphics softwear as I usually post my pictures straight from the camera disk without editing them.

Coppercoins,
Ya what you said..
TNG

BTW coppercoins, I am bman98231 on errorworld..just so you know who I am.

redhott

I've seen eBay winning bids on such rolls that went as high as $60. But when one of those same bidders won my roll item at a grey sheet price, he never paid. I don't really know what that means, since that soured me and I stopped auctioning rolls.

sinin1

Stigmata - no one is trying to give you a bad time, it is just values go way up depending on how good an individual coin is.

MS60 (PCGS standards) might be worth a dime
MS67RD (PCGS standards) worth a few hundred bucks

It depends on luster,strike,nicks,color,etc.

Having said that, if you have no intention of cherrypicking the roll and sending in the top-end stuff for grading, the roll is worth around $7.

The problem with being new and/or away from grading for awhile is you will probably have great difficulty going through that roll and picking out which pennies will grade highest.