Id like to know if you think its a good idea to slab this coin?do you think it would be more than the coin is worth? since i got it for free out of a roll from the bank i think it would pay for itself in the long run. what do you think? thanks BILL
How about a picture showing the complete obverse and reverse of the coin. I am not an expert on lincolns(or varieties), but I am sure pictures showing the actual color of the coin and its condition would help the experts. Just my suspicion from what I can see the answer is no I would not get it slabbed.
Nope, first, though it looks like a decent coin, it doesn't look like it would grade high enough to be worth the cost to slab it. Second, I would only slab that year if it was the strong double die. Can't say for sure if yours is one of the weaker varieties, but there isn't much market or sales for the lesser varieties.
Looks like it might be a minor double die, but it isn't the major doubled die for the year. You'd need to check with a Lincoln expert to see if the variety is one of the more rare ones or more common though. Unless it's an ultra rare variety, I don't think it's worth slabbing. Here's how I look at it... let's say the coin is a semi-decent variety and in this grade it's worth $125. If that's the case, I'd try selling it raw as-is to a local dealer who knows the variety for maybe $100 or so (leaving them room for profit) or sell on eBay (leaving you $100 after fees/shipping). That way, your profit is $99.99 or an approximate 100,000% return on your money. If you go the slabbing route it'll cost you shipping both ways plus the grading fee plus the variety attribution fee, probably be $50 minimum depending on the grading service you choose. Then, assuming it grades and you want to sell for the full value of $125 or so, you'd only be profiting around $75 or an approximate 150% return on your money. Again, not sure what the real value potential on this coin is, but in the condition it's in I doubt it's worth enough to justify slabbing. That said, it's a cool looking coin and a nice find for $0.01!!!!! Well done!!!! :thumb:
I agree with the Penny Lady it's a very weak DDO compared to other 72's I've seen however still a very nice find.
I would put it into a holder and if I could get $20 for it, be happy. I would be just as happy to try and get the rest of the 72 DDO varieties to make a set few have. If you can get them from circulation, even better! The doubling is strong for the price, and if there was no #1, this would be in the $100+ range. The die #1 just so strong, and is still very reasonable even in the $500 range. Jim
