First time a " W " ( west point ) mint mark has been put on a zincoln ... https://www.ngccoin.com/news/articl...rWlpjTmJURVBDa0xUa2pzSDlKSDNMa3FReld1clMifQ==
The first one with mint mark after millions of them from the 1970's on. Big money in the Lincoln cent collectors.
But, I was thinking about how much it costs to get the certification. And, instead of a free penny you now have a very expensive penny. I've never used one of those services. What would it cost to have one penny certified?
This will bring up the sales for the different mint sets. These will start showing up in slabs really fast. Lincoln collectors are going to eat this up.
If you sent one penny in to be certified, the cheapest, slowest service will be about $50 to get it in a slab and shipped back to you. That doesn't include the cost of shipping it to them. Dealers will get a break on bulk submissions and you get a break on cost if you signed up for the $300 annual membership instead of the cheaper one.
So, my guess was right. You convert a free penny to a penny that costs you $50. It doesn't make any sense to me.
I like to see that W for sure. Definitely going to buy a set but I wouldn't bother with the certification nonsense.
It looks like the mint went super premium with the packaging on this issue. [sarcasm] Does anyone have concerns about these plastic envelopes for long-term storage? If so, how do you plan on storing these once you receive yours?
