Good enough to get graded?

Discussion in 'Error Coins' started by Mark68, Jan 30, 2020.

  1. Mark68

    Mark68 Well-Known Member

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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    No. Not really.
    I see circulation wear. Many nicks on the Reverse.
    Look at the hits on columns of the Lincoln Memorial.
    Also on the field below the Memorial.
     
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  4. fretboard

    fretboard Defender of Old Coinage!

    Gotta agree, no reason to have it graded at all. Better luck next time! ;)
     
  5. messydesk

    messydesk Well-Known Member

    No. In addition to the contact marks cited, the spot on the E in ONE is a big negative on that coin that would either limit the grade to 62 or cause it to be called environmental damage.
     
  6. TexAg

    TexAg Well-Known Member

    Are you asking about grading because it is a WAM? I might be tempted......
     
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  7. Mark68

    Mark68 Well-Known Member

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  8. Mark68

    Mark68 Well-Known Member

    Guess it needs to grade 67 or higher to make it worth it.
     
  9. TexAg

    TexAg Well-Known Member

    Still a nice WAM for finding in circulation.
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not worth grading and a 67 is not high enough either. Here's why,
    IMG_3148.JPG IMG_3149.JPG
    That's the price I paid at my local LCS. it's a Wheat Cent and a 66 but yours is a zinc so it's got to be much better and that's difficult to do.
     
  11. TexAg

    TexAg Well-Known Member

    I think the difference in the OP's WAM coin and the graded 58-D has to do with rarity. BTW, I like the graded 58-D. It's a beaut!
     
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    Thanks. My point is they are obviously different but one grade higher doesn't really make a difference in this case. This is a fantastic looking Cent.
     
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  13. coin roll

    coin roll Active Member

    '98's are a dime a dozen. And that's my 2 cents worth of opinion.
     
  14. Spark1951

    Spark1951 Accomplishment, not Activity

    ...another question that begs to be answered:

    IF it is MS62 Red, does the fact it is a WAM raise its’ value to a slab-worthy minimum...say $150.00 or so?…Spark
     
  15. messydesk

    messydesk Well-Known Member

    No. It's a $50 coin in 65. This coin would be $15 or less, probably. Search eBay for completed items and you'll see what they go for.
     
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  16. Spark1951

    Spark1951 Accomplishment, not Activity

    Thanks for the info, but I do not use eBay for anything, they have no credibility anymore...imo...Spark
     
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  17. TexAg

    TexAg Well-Known Member

    I would be tempted to have it graded for several reasons. I live in Texas where our “new” coins come from Denver, and by the time Philly coins make it down here, they are in decidedly worse condition (with some exceptions of course). Consequently, the only 1998 WAM I have found was in way worse shape than this one. Now, I only dabble in cents and rarely search rolls. But I can say that in my area, 1998 WAMS are not numerous by any stretch. Plus, our Coin Club regularly sends off batches of coins to ANACS for grading. As such, our average cost to grade a coin is about $15-$17 (including shipping and handling). I’m saying I might be tempted to do that for this coin.
     
    Last edited: Jan 30, 2020
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  18. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    I think that if it can be graded at a contained cost as TexAg mentions, it's probably worth slabbing. So long as the early corrosion can be stabilized. I think I've only found 8 or so WAMS (no 1999's unfortunately), so they are a scarce event. Unslabbed, I agree that the coin would be under $15. Slabbed/stabilized, maybe around $35 (if the corrosion can't be treated effectively, it's doubtful in my mind that someone would spend that on it). Another option would to be put it in an airtite after a careful conservation. That might fetch something middle of the road.
     
  19. messydesk

    messydesk Well-Known Member

    You could also send it, and other varieties, here. (Disclosure: this is me.)
     
  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    Isn't that the truth!
     
  21. Spectrumcoin75

    Spectrumcoin75 New Member

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