Well, I suppose there is always the mystic qualities surrounding a coin with no way of determining if it was struck under the last days of Jimmy Carter's administration or the incoming administration of Ronald Reagan...,, But aside from that bit of trivia, why would anyone bother sending a coin like this in? http://www.ebay.com/itm/1981-D-NGC-...45?pt=Coins_US_Individual&hash=item5890f1dfe5
The only thing that I can think of is if the submitter only needed one more coin for some sort of grading minimum, and had nothing else. In that case it could save someone some money. Whatever the reason, the 2 cent value on the NGC website made me laugh.
Just made me laugh too, had not thought to check that. Now keep in mind if the coin moves to 3 cents, than it has had a 50% increae in value. Not too many investments with that kind of potential return these days, so maybe we should all be loading up.
If they needed a coin for some sort of minimum, wouldn't be better just to go and buy another one or do some roll searching and find something besides a common memorial cent worth face. It isn't even worth the two cent worth of copper since melting them is now illegal.
Check the pop reports. There are a surprising number of coins certified that make no sense. Just as we see on this forum, many newer collectors have an unhealthy attraction to submitting, and it has played a big part in coins like this residing in plastic.
Maybe it was submitted with the hopes of having an overdate recognized. I did that myself on a 1900 Denmark 20 Kronor and it came back with just the regular date on the slab and no aknowledgement that the date was overstruck. Granted my coin was made of gold and graded MS63, but still, not sure if I would have bothered had I known the overdate would be ignored.
I once had a 1921 Morgan that was graded AU58 NGC that I won as a coin club door prize, when I asked the dealer that donated the coin he said "I thought it was a variety so I submitted it", the holder was just a fancy protector for a melt value coin.
I checked the cert #'s, and it appears to be from a submission of 16 Lincoln cents of various dates with this being the oldest and some in the 2000's. It's possible that the submitter had a certificate for 5 free gradings and he threw in a few that were questionable. Four of those submitted received Details grades. Chris
