To slab, or just put in a 2x2? 1936 DDO-001 Lincoln Cent

PocketArt · January 17, 2017 7:18PM

I searched a roll of 1936 Lincoln Cents I have last year, and came across this 1936 DDO-001. I put it at about a VF-20. What do you think? Should I send this in to be slabbed, or, just put in a 2x2? What would you do, and what do you think grade is? Is it worth slabbing in all it's circulated mushiness? Thanks!

hchcoin · January 17, 2017 7:59PM

2X2 if it were mine.

mannie gray · January 17, 2017 8:13PM

Nice find....looks like a 30 to me,
Probably a $50-$60 coin.
That may decide it for you.
Congrats on the find-thus far this one has eluded me, though I have found a die2 and die3.

DRUNNER · January 17, 2017 8:19PM

Congrats on the find . . .and I always think it is very enjoyable to pull any recognized variety from circ or some accumulation.

That being said . . .it is a great find, primarily from a pride standpoint. I don't think the added value of being certified (VF--your grade is quite accurate IMO) quite makes up for the initial value. A nice 2x2 or self-slab with attribution should be super. . . .

Drunner

ms70 · January 17, 2017 8:21PM

I'd slab it just for the preservation. I like it.

cmerlo1 · January 17, 2017 8:29PM

Slab it. I sold an ANACS VF 30 a while back for around $80. It sounds like you only have a few cents in it. If it were an 002 or 003 I would say no- they don't sell for as much.

messydesk · January 17, 2017 9:15PM

@DRUNNER said:
... A nice 2x2 or self-slab with attribution should be super. . . .

Drunner

I think I know someone who can help you with that. PM for details.

ricko · January 18, 2017 5:47AM

I would self slab it... but I do not sell coins... so, check the market if you plan on selling - ROI....Cheers, RickO

seanq · January 18, 2017 7:36AM

Several years back I "made" and sold a bunch of mid-grade Lincoln doubled dies just like yours in PCGS holders. While I had no problem selling to registry collectors, in grades below XF I was lucky to cover the grading fees . If I had a VF25/30 coin like yours, I think I would just keep it raw.

Sean Reynolds

DCW · January 18, 2017 8:08AM

Unfortunately, slabbing low to mid grade varieties is cost prohibitive because PCGS charges mucho for variety attibution. That is on top of the grading fee and of course, all the shipping expenses.
If you send it solo, you will probably spend more than you will be able to make back.
If you'd like to slab it just because you are proud to own it, then I say go for it. It is a great pull from a roll.

PocketArt · January 18, 2017 12:46PM

Thanks for suggestions and comments all- I've concluded doesn't seem worth extra expense based on coins value of $50 to send out to TPG.

Now, if it was a 1917....I do have a roll of those....next project!

AMRC · January 18, 2017 1:41PM

Not business logical, but who said collecting was a business?

PocketArt · January 31, 2017 5:45PM

The good thing about being a forum member here, is that you have a chance for experts to weigh in on your discoveries. I sent this out to John at Variety Slabbing Service to confirm this as being a 1936 DDO- 001. He confirmed my discovery, and put in an attractive slab with description. For the pittance I paid to have this done, it was worth it in my opinion.

Thanks John, you've viewed a few of my coins, and I have always been pleased!

DCW · January 31, 2017 6:32PM

I like the slab a lot. I have long thought that PCGS or NGC would start putting micro pics of varieties on the label, but most of it is flags and promo stuff instead. I do recall vaguely them doing something for the 1995 ddo, but past that it is an unexplored business venture.