What would make a penny worth getting graded?

I have some really nice clean looking pennies. But don't know about getting them graded.

 

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I would first consider what they may be worth versus the grading costs!

There is a wealth of info on the internet to help you with a preliminary grade if you are unfamiliar or uncomfortable doing it based on your own experience, including this forum.

 

Clean? Forget about sending them to get graded.
And they should be referred to as US Cents

Peace

 

(Value of slabbed coin after grading) minus (Total cost to grade) = X

If X is less than zero, it is not worth to get graded.

 

I prefer:
(Value of slabbed coin after grading) minus (The sum of cost to grade + ungraded value) = X

In other words I would't spend $40 to certify a coin that sells for $20 more than raw.

 

Everyone is correct. You should weigh the value of the coin. Do you have photos of the coin(s) you want to get graded? The only other reason I could see to have a coin graded that would not exceed the value and grading cost is if it had sentimental value to you and you wanted it in a holder. There are nice plastic holders out there but I think you should shoot us some photos to show us what you have first.

 

Honestly, I have seen a rule of thumb that says don't even consider grading a coin of less than $200. Estimate the condition, look it up (e-bay is easy) and go from there. Post pictures and ask here.

 

Agreed. And if you really want a low value coin graded, consider buying one that already has been. Since you'll be paying for shipping and handling as well as grading fees it could cost you less than the process of having yours graded.

 

And I’ll offer a suggestion here for what it’s worth. The few times I have had a piece graded, I partnered up with my local dealer. Several times a year he will send a batch of coins in for grading. I add my one or two pieces in with his and generally end up with a better rate and save on shipping and insurance costs too.

 

You can post more specifics about your coins but most likely they are not something to worry about grading. Higher grades, rarer dates or varieties maybe. I've been collecting for close to fifty years and have never had a coin graded.

 

Good point. The half dozen pieces I had graded were not for any potential financial gain. They were specifically done so my family could easily liquidate them after I leave this party.... Grading coins for financial windfalls is akin to playing the lottery.... You may get lucky. More often than not, you are just spending money.

 

I’ve seen others put that limit at $150. If the coin to be slabbed was a coin that cost you it’s face value then as low as $60 for the resale value would be my lower limit. If you had to buy the raw coin at retail value then don’t bother just buy an already slabbed coin.
Reed and Sparkles the Unicorn.

 

I was asking because, I seen a you tube channel where they sold circulated us cents that graded high for good money.

 

Magic word here is YouTube, forget ANYTHING you see or hear in the VILE place!!!!!!!
Reed and Sparkles the Unicorn.

 

They had the actual sold listings from auctions and ebay.

 

Here's some pictures

 

No circulated coin is going to grade high ( AU 58 or below ) unless they are rarities. And rarities are the exception because there are Very, very , few of them around and almost none in circulation unless extremely damaged.

Very much like many over-the -counter curatives sold with large claims, but down below it says that the claims have not been validated in any data that isn't hear-say, which is what they claim to unaware who buy it , thinking mechanical damage is Doubled die , etc. The people with more experience would send them back and maybe report them, but the unknowing tell their family what a tremendous deal they got and to ask high payment when they die.

Read about 100 posts in the error forum, and about 20 will be about a 'bargain' on ebay, bonanza , craigslist, etc. And most are not what was claimed. Knowledge usually doesn't come cheap in real life, but we try to help. Welcome, Jim

 

Just pocket change, spend them. Do you have a link to the youtube video? There are some very informative you tube videos, but if you don't know the good from the bad you can get badly misled.

 

Now I know some of these are rare dates