I found this 1958 wheat penny yesterday, it's by far in the best condition of all the wheat penny's I've ever found except for my steel wheat penny....any idea what it would be graded as? And would it be worth getting it graded?
It would be cheaper to buy one already graded. It would cost $20-$30 to send it in for grading. The premium on your coin is less than a dollar. It's a nice find though.
Less than a dollar? This coin is worth 2-3 cents. Even if it was MS-62. But I agree up top its most likely an AU/58. They made a ton of these coins and many can be found in high grades, there's really no market or demand. I suppose you could go into a coin store and buy a nice MS 1958 for 20 cents or so. The OP coin is a standard 2-3 cent wheat back.
I'm not sure why there so blurry, they didnt seem to be when I took them lol...I'll probably just keep it as my best looking wheat penny in my collection, cant tell by the pics but in person it looks almost brand new, I've seen some 2019 that looks worse lol
Thank you for the info, I'm still really new to collecting and this being the best looking wheat penny I've found in circulation so far, I wasnt sure if it was worth much or worth getting graded...that's why I love this site lol
For instance the carbon spot in the date. Is it a carbon spot or is it more corrosive and green looking. I guess a better focussed photo would help me see those details. Your photos are good enough, I am not trying to pick.
If you like the coin, save it in a 2x2 coin flip. Graded coins are generally for very expensive coins, or certain types of coins that require authentication. Gold, special varieties etc. Some people just like to have their coins graded/ slabbed and that's fine. But if you have an ordinary silver dollar, ($20 or so) and now it is in a slab, you have doubled your cost and you will probably lose money when the time comes to sell it. Unless silver goes sky high.
