Indian head 1896

Discussion in 'What's it Worth' started by HALIWOULD, Dec 6, 2017.

  1. HALIWOULD

    HALIWOULD New Member

    1896 Indian head penny! Wondering if its worth the price of grading.
     

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  3. Michael K

    Michael K Well-Known Member

    No. Grading can be expensive. If your coin is worth a few dollars, what is the point in spending $20 or $30 to have a $3 dollar coin encapsulated?
    I think most coins don't need to be graded unless it is important that the date/ variety be authenticated, or to show it is not a counterfeit, or if it is a valuable coin.
    (At least $200 and up). Otherwise, let's say you grade a $50 coin and it costs $30 with submission fees, insurance, return postage, membership fees. Well now you have a $50 coin with an extra $30 expense into it.
     
    Last edited: Dec 6, 2017
    Oldhoopster likes this.
  4. cwart

    cwart Senior Member Supporter

    The coin looks to only be worth a dollar or two, I'd save the grading fees if it were mine.
     
  5. SchwaVB57

    SchwaVB57 Well-Known Member

    Not unless you can get it graded by a service for free. From the pictures, I see no letters of Liberty on the headband. It will grade G and worth 2 to 3 dollars. Welcome to CoinTalk HALIWOULD!
     
  6. NOS

    NOS Former Coin Hoarder

    As others have said, the coin isn't really worth having graded. This is the kind of coin that I feel would be best enjoyed in a good old fashioned blue Whitman folder.
     
  7. Treashunt

    Treashunt The Other Frank

    It is a G-6.

    There, please send me $30.

    :)
     
    tommyc03 likes this.
  8. tommyc03

    tommyc03 Senior Member

    If this question should arise in the future to you, it would be best to first learn how to grade a coin. Then look up it's value in the grade you gave it. Then check the top TPG sites to see how much they charge for their services and you will automatically know whether or not to send in to be encapsulated. Knowledge is power.
     
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