New Collector with a few questions
JDJ28
Posts: 9
Hello,
I just joined the collector's forum, and for the most part I collect baseball cards, but I recently found a box with 20-30 coins, mostly lincoln and indian head pennies that are stapled in coin holders. My grandfather bought these for me in the 1980's when I was a kid. Some examples are 1953-D Brilliant Uncirculated, 1945 BU, 1954-D BU, 1956-D, 1957-D BU 1958 BU, 1958-D BU, 1967 BU, 1969 BU, 1974 BU, etc. I also have a 1964 Proof, and a 1971-S Proof. My question is are these coins worth anymore than a penny. I know that these coins are at least MS60 and have little or no wear and still have there original Red color not brown, but according to the price guides most coins need to be at least MS65 to be worth anything. How can I tell? Also why is it $30 to grade a coin and $8 to grade a baseball card. Thanks in advance,
Jeff
I just joined the collector's forum, and for the most part I collect baseball cards, but I recently found a box with 20-30 coins, mostly lincoln and indian head pennies that are stapled in coin holders. My grandfather bought these for me in the 1980's when I was a kid. Some examples are 1953-D Brilliant Uncirculated, 1945 BU, 1954-D BU, 1956-D, 1957-D BU 1958 BU, 1958-D BU, 1967 BU, 1969 BU, 1974 BU, etc. I also have a 1964 Proof, and a 1971-S Proof. My question is are these coins worth anymore than a penny. I know that these coins are at least MS60 and have little or no wear and still have there original Red color not brown, but according to the price guides most coins need to be at least MS65 to be worth anything. How can I tell? Also why is it $30 to grade a coin and $8 to grade a baseball card. Thanks in advance,
Jeff
0
Comments
I don't know anything about cents, but my hunch is that what you have has great sentimental value and little numismatic value.
As for the price difference in grading coins and cards, that would most likely be a market demand issue. Also, I'd equate card grading to "moderns" in the coin world, which are actually $12, not $30.
And, welcome aboard!
Russ, NCNE
Just like if I looked at a card and had no idea if it would grade a 4,5,6, or 7 and then how to value it and then how to sell it for maximum profit.
The pod grows, some more
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
Glenn
You can post your best coin here and we will grade it for you as best we can. It will give you an indication
of what you have.
OR you can take Sinin 1 advise and go to a coin show, bother a dealer with a penny, and find out how
much the penny is worth, how much you are worth, and your whole family including friends.
Welcome!.......................
John
Enjoy the day.........
Welcome to the boards, everybody is really helpful here. I am sure that you will fit in nicely.
John
siliconvalleycoins.com
to discourage you from collecting, but the chances of one of your coins having a significant
value are low. If any stand out as being particularly free of small scratches Or if they all
seem to be very nice than it would most assuredly be worth the trouble to at least post
a scan. Everyone here would agree too, that it's well worth your trouble to check out the
many collecting opportunities and interests in numismatics.
Welcome.