1987 Penny

Discussion in 'What's it Worth' started by chris jarrell, Dec 1, 2020.

  1. chris jarrell

    chris jarrell Active Member

    Can anyone give me a ballpark figure on this coin? Thanks
     

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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    First of all . Welcome aboard !
     
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  4. Penny Luster

    Penny Luster Well-Known Member

    Why would it be worth more than 1 cent?
     
  5. chris jarrell

    chris jarrell Active Member

    I didn't know if was in somewhat better shape than others for its age.
     
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  6. Penny Luster

    Penny Luster Well-Known Member

    That does not add value to coins minted within the last 50 years or so unless there is an error or some other rarity. Modern circulation coins are minted in the hundreds of millions.
    If you found a pre-1959 cent in such good condition it would have value worth looking up.
    Welcome to Coin Talk. Keep asking questions. You can learn a lot here.
     
    Last edited: Dec 1, 2020
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  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Only worth face value. It was minted from an extremely worn out Die.
     
  8. Razz

    Razz Critical Thinker

    Very good pictures! Lincoln cents need to be MS 67 or better to have any value, and then you would need to have it slabbed to get any chance of selling it. An 87 RD MS 67+ would retail at $35. It would cost that much to send to a grading service with postage both ways. If it come back les than that you lose money. If it comes back 69, then you have a great profit.

    I don't think that particular coin would go 68 or 69 so probably not worth it to slab. Put it in a flip or album.

    Get a free photo editor app to crop your pictures, they make it easier to evaluate the coin. Looks like a weak strike or deteriated die on the In God We Trust which will limit its grade as well. I used an app to adjust your photos... Polish_20201201_195611276.jpg
     
  9. thomas mozzillo

    thomas mozzillo Well-Known Member

    Welcome to Coin Talk. It looks like your coin was struck with a worn Die. This photo is from error-ref.com:
    upload_2020-12-2_1-35-37.png
    Usually they're not worth much but you be able to get a few dollars if you sell it on eBay. Some collectors like these kind of things.
     
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  10. chris jarrell

    chris jarrell Active Member

    Thanks for the info and advice.
     
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