What is my 1968 No S dime worth? Pics Included

Whats it worth? Its an impaired proof, 1968 No S roosevelt dime.

Initially , I had my reservations about it because it is heavily circulated (impaired), and I did not believe my luck, it was so highly unlikely. Even though my gut instinct was to jump for joy, I was skeptical. I took it around, had it looked at, and the general consensus seems to be it is indeed a 1968 no S roosevelt Dime. ,( quite a few coin dealers and online forums) have told me it does seem to be what it is.

Whats it worth? Pardon the poor quality Camera phone Picture, my camera was broken at the time that I had taken the photos. Someone offered me 5 grand for it, another offered me 15,000. I feel like its a pretty rare find, even if it is impaired. Its currently uncertified, which is STUPID, I KNOW that. I Should have sent it in by now, not being in a capsule is only making the Value go down, and harming the coin. Before you guys start in on me for procrastinating, I am sending it in this week. I have just been so busy , I havent had time.

Any way, because its technically an impaired proof , found in circulation, I dont know what is too low of an offer or an asking price. I personally think its a cool find, but have no desire keeping an impaired proof, whether it be a rare variety or not. it just doesnt thrill me. besides, I am much more intrested in owning a 1969 s Lincoln Cent.

Whats It Worth, Should I auction it instead of selling? I am unfamiliar with the process, because this is my first major rare find, aside from my 1971 d Lincoln Cent ddo

 

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Are you sure that's a proof and not just an uncirculated business strike?

Need better photos to see it closer and in better light.

 

I would say its valueless until certified. Even you say you know its stupid for such a coin to not be slabbed, since its a very difficult thing to accept that its an impaired proof rare error, when tens of millions business strikes exist.

I doubt you will get any real money for it until its certified. Spend the $50, and if it is an impaired proof, you will make more than the $50 back anyway.

 

Looks like a buisness strike to me... but I'd like to see better pics.

 

I am sure. I have taken it to a well known coin dealer in my area and have posted it to a few forums, all of which have agreed. I have sent pictures to a coin specialist, who also agreed. None of them have an explanation onto how it entered circulation, unnoticed.
I have come up with theories one of which is , In my area, the recession hit quite hard, and the majority of people here are elderly, and quite a few with very bad bad vision. I thought maybe it was released from a set because of financial reasons, and the owner may not have noticed the lack of an s.

The coin dealer offered me 5,000. I felt that was a bit low, so i declined. I understand It is impaired AND CIRCULATED, and that was their reasoning, as well a there is a noticeable blemish/spot above roosevelt's head,on right hand/ top towards the middle near the rim , which they felt brought down the value.
I felt in my heart that someone else would pay more for it, and truth be told I need more than just 5,000 dollars.

 

...then get it certified, its not hard. The dealer in your area can send it in for you, or you can join the ANA and send to NGC yourself.

You will NEVER receive full value for this coin unless its certified. Most collectors would not touch that with a 10 foot pole unless certified by PCGS or NGC.

Do it.

 

It is worth 10 cents until it is authenticated as an impaired Proof 'No S' by a legitimate TPG.

 

I am curious to whether their offer of 5,000 was fair for such a find?

and once Its Certified , ( obviously I know it will Heavily depend onwhat grade they give it )


but what value could you predict in a lower proof grade?
They told me If I change my mind, they will buy it for 5k without the certification. the guy is an expert, I cant tell if he may be lowballing me or if i am just being greedy because I am not so familiar .


I guess my point is I need to Know what is the minimium I should take for it ?. I dont want to get screwed over. and if 5,000 is fair or average than i will not bother sending it in, and I will just go back and sell it to the coin shop and let them handle that. if he is just lowballing me i will send it in as soon as I get the chance. The shop did give me an Icg submission form , but pleaded with me to sell it to them instead.

 

Considering one has never sold its hard to tell. A Proof 67 sold in 2010 for $18,400, so if you could get $5000 for an uncertified, impaired example you would be doing exemplary.

After you sell it please let us know. I am sure any buyer would send it in.

 

so I should send it in then and attempt to get more than 5k?

Also Is Icg the right way to go? they gave me the submission form but from what I have heard, and from others advice, having it Pcgs certified would be better than icg.
who is the best to go through , and how will getting it certfied through each specific one help the value of it?

 

PCGS or NGC would be the ones I would send it to. ICG is not a "top tier" grader.

 

I agree with NGC or PCGS, but if your local dealer, today, is ready to pay you $5k for it I would take the money and run. That is a fair price most likely even if it were certified. Let him run the risk of certification.

 

I think I will get it certified, before selling it off. I will let you know as soon as It comes back. It Is important, because more examples like mine may be out there.

Is there any other advice you guys can give me to guide me along the process ? what you would do if you were in my shoes?
any specific information I need to know ?
It makes me nervous to send it in , I am so afraid it will be lost in the mail.

thank you.

 

Insure it, and require delivery confirmation with a signature.

 

I won't bet on a long shot when there is a guaranteed winner.
A guaranteed $5K or a 0.00000001% chance at $10K?
If it were my coin, I'd take the $5K and run like ****. I wouldn't want to
risk it all on the slim chances involved in having it graded myself.

If it is what you suspect, you'll be able to get more $$$ using NGC or PCGS.
ICG? No, no, no, no and no again!

 

I would take the 5k as fast as he could count it. what if it comes back impared/ damaged? real collectors want undamaged coins. i would pay more for a nice one but wouldn't want that one at all for my collection.

 

you guys are all forgetting that if he gets it certified he could get more.....if he gets it certified and it comes back as a business strike he will probably crack open the slab and go get his 5 G's.....not very honest but most likely the reality.

 

What ever happend to the person who offered him $15,000, mentioned in his opening post? Did they change their mind or wasn't that a bonified offer? Perhaps that person has a little concern about it being a proof also.

 

I think that the chance of it being a genuine no s proof is about zero. My guess is that it is a generic business strike made with fresh dies. If it is real, certification would be required by any collector or dealer.

I would never buy this coin raw, I would think that most dealers would tell you to send it in before they made you an offer. It's fairly easy to tell the difference between a proof and a business strike, but there are plenty of proof-like coins out there as well.

Post some detailed pictures, particularly of the edge if possible.

 

Old saying.....a bird in hand is worth two in the bush......I'd frankly take the dinero and run.

I'm very curious to see the outcome of this as I remain a tad skeptical. Nothing against the OP but Mom came from Missouri and everyone knows that's the 'show me' State......