1961D and 1961 Pennies worthy of slabbing or naw?

Discussion in 'Coin Chat' started by Coiningforprofit, Apr 24, 2023.

  1. SO I JUST came across these pretty things, would anyone suggest grading them, I'm actually starting to get really involved and I think I want to start collecting registry sets and than selling the ones I have already...
     

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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Nah! Worth face Value. :oldman:
     
  4. coinaline

    coinaline Active Member

    I misread the title as "stabbing" :wideyed:
     
  5. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Huh? So, you came here anyways? :eek:
     
    coinaline likes this.
  6. coinaline

    coinaline Active Member

    I live dangerously :rolleyes:. I was also intrigued that it was over 1961 pennies :happy:.
     
  7. Lon Chaney

    Lon Chaney Well-Known Member

  8. Mountain Man

    Mountain Man Well-Known Member

    From your recent posts, I'd say you have a LONG way to go on learning about coins.
    This is NOT a put down, as we all started someplace. Reading and learning as much as you can is paramount in any successful business, so if you plan on getting rich from coins, you need to do a lot of research and learning.
    Read and watch the videos on the minting process. Read and look at examples of variety and error coins on reputable web sites, and with experience, you will have the answers to many, if not most, of your questions. Good luck.
     
  9. Player11

    Player11 Bullish

    No - one can by BU rolls much less than slab cost.
     
  10. Michael K

    Michael K Well-Known Member

    It would have to be in better condition, MS 67 MS 68.
    I have plenty of cents that are in better condition than those photos and they aren't worth anything.
     
  11. johnmilton

    johnmilton Well-Known Member

    Registry sets for coins of this era are strictly an obsession in my opinion. The items like a 1961 cent are worth very little. The coin would almost have to float on water to worth slabbing. It would be have to grade MS-68 or higher. I’d have to see that really exists. Many thousands of these coins were saved by the roll because roll investing was a big thing in the early 1960s.

    I have been on the NGC registry in a serious way. I have a complete U.S. type set from 1792 to 1964 from the half cent, though gold and finally the “classic” commemorative types from 1892 to 1954. It can be fun, but if you get caught up in the “top dog” thing, it costs a fortune, and there is always someone who has way more money than you do.

    The PCGS registry is not much fun, in my opinion, because they will take only PCGS coins. I only have two sets over there. NGC will take both PCGS and NGC graded coins in their registry. I also find it more “user friendly.”

    I use the registries as a place to educate collectors who are interested. All of my coins on the NGC registry have pictures and write-ups.
     
    Coiningforprofit likes this.
  12. I appreciate this knowledge, its sucks because I have coins I'm trying to organize and go through by separating the 1914-1990, the oldest coins I have is a 1921 Canadian dot cent though!
     
  13. erscolo

    erscolo Well-Known Member

    Only in the higher grades is there value. I collect graded Lincoln cents, here are my two from 1961, obverses only:

    1961D 1C MS66 RD NGC 6578541-014 Slab Obverse.jpg 1961P 1C MS66 RD NGC 5866433-001 Slab Obverse.png
     
  14. johnmilton

    johnmilton Well-Known Member

    I just checked PCGS Coin Facts. The highest grade PCGS has given to both issues is MS-67+Red. The prices they put on those are $8,250 for the Philadelphia and $10,000 for the Denver. My response is a polite, “No Thank You.”
     
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