Hello, I don't know if these have been discussed before, but I was watching some YouTube vids on grading coins and I came across this video of the 1959 & 1959D cent. The narrator seems knowledgable, to me. I have one is a plastic cover (see photo) that came with a coin dealer's business card attached- as in a "souvenir." But it seems to be as good as from a proof set, to me. I also have 3 Uncirculated rolls. One seems very nice, possibly grading in the mid to high MS. And the other two a little less. I have not opened the nice roll, but I opened the worst roll to see their condition. Unfortunately, they all seem to have whitish spots on them that resemble "mold." Only a couple decent ones in there that would warrant an MS, hopefully. Is the 1959 all hype or is there some validity and value to these rolls? Thanks in advance.
They are cool, but unless they are in 68+, they are not worth a whole lot extra. There is a variety of the 59-D where there is a ghost of a D in the 9, and there are countless RPMs.
I don't watch too many BoobTube videos because most of those people only care about earning points and could care less about the accuracy of their information. ~ Chris
Those are a fountain of Misinformation Especially JBCOINSINC You will learn in time. Your Cent is worth.. 1 Cent
Paddyman- where does the misinformation lie in JBCoins vid? Are the Heritage auction prices verifiable? I know he uses a lot of 'grab you' statements, but I just ignore those and concentrate on similar sales, etc. Even the PCGS price guide says the '59 is worth a bit more than 1 cent.....
I didn't say lie.. Just not completely informative It makes many new collectors think they have something rare or valuable. We get a lot of threads just like yours.
The Heritage and PCGS prices are for coins in PCGS or NGC slabs. That cost $20-$40 per coin. You can buy rolls of 59-D cents for a dollar or two. Finding a buyer for a single coin is going to be tough. If you can't sell them they are worth about face value.
If you can find a 1959D cent with a wheat reverse, then you'll have something - only one has been found and the controversy about its authenticity has yet to be settled - the memorial reverse coins were plentiful and although 1959 was the inaugural year for that reverse design, they're only worth a cent or two - maybe in 2059 the centennial factor might make them desirable, but most of us won't be around to see that happen https://www.pcgs.com/news/the-mystery-of-the-1959-d-mule-lincoln-cent
JB Coins is a fountain of misinformation. There is no genuine 1959-D with a wheat reverse. It was manufactured outside the mint.