What do you guys think happened to this 1909 S Lincoln cent? I don't think it's PVC damage, as I found it in an old Whitman folder. I'm not concerned about it's authenticity, as I have no reason to believe it's an altered date or anything of the sort...it's just an incredibly ugly semi-key. The reverse looks pretty much like the obverse does, minus the fact that more detail is visible on the reverse (for example, the wheat stalks would lead me to believe that the reverse would grade at least VF-20 without the corrosion; the obverse, maybe F-12). Any idea on a net grade, taking into account all the corrosion? I would like to sell this to finance some gold purchases (as noted in this thread: http://www.cointalk.org/showthread.php?t=30144). Perhaps I should send it to ANACS? Thanks in advance for the responses!
dont mind the question as i like your goal... but could you sell this and turn to gold? Yes it would sell for some amount... but enough for gold?
I have two 1924 D's with MUCH better eye-appeal that I plan on selling as well, plus one slider 1950 D Jefferson. After selling all of these, I hope to be able to purchase some gold. But yeah, the '09 S won't be buying me any gold on it's own...
That is simply copper corroding -- you will see the same red/black/green on old large cents from time to time...Mike
In that condition you are not going to get very much. Even in today's market you may be able to pay for a nice lunch.
Coin World's Coin Values (online) puts the retail value of a Good 1909 S at $110. Clearly, this thing has negative eye-appeal, but it's still a semi-key. What do you guys think a dealer might pay for this? $80? $60?
Coins less corroded than that one went for about $40 on eBay. My guess is that you might get $25 from a dealer. Call one and find out what they will pay for a badly corroded one. They should be able to ball park that on the phone.
Why don't you offer it here in the open forum? I imagine there are one or two of us that need to fill that spot but can't afford too much to spend. Richard
$25 is accurate / $35 retail probably. Coins with negative eye appeal are problem coins, can't sell em.
Lincolns are hot these days. Sell this coin yourself on Ebay and you will get far more than you would from any dealer. Start the listing at 99 cents and offer it with NO RESERVE to create some excitement. Describe the coin as raw and ungraded and request that perspective buyers "carefully study the pictures and decide for themselves". Do that and I'll bet you get at least $40 for it! That being said, here's my grade: VG-8 Details, Corroded-Cleaned, net FR-2
