Today I went to my fathers to help him out and he gave me a small box of coins. In the box he had about $5.00 in silver, about a roll of jefferson nickels, 4- 1970's proof sets, 1864 2-cent piece, seated quarter with rays and arrows and about 250 wheat pennies. Well I checked the silver then put the nickels in the bucket with other 1940's Jeffersons. Now to the pennies about 1/2 I put in the junk wheat bag for scratches and spots and the green corrosion. I was almost done and only found 4 under 1940 when it happened. I looked at this penney and it was a 1922 so I then looked and saw no D. Well now my heart started pumping and I got my PCGS Identification book out and my loupe. I knew that there was a weak D variety. First I checked the second 2 to see if bolder then the first and it checked out. Then test 2 the (WE) was weaker and mushy then the word "Trust". The coin has a VG obverse and a fine reverse. There are some small green corrosion spots. I will take it. What a great find. Qestesion is should I do anything about the spots? What would be its vaule? About 1/2 of VG?
Thanks Speedy. I have been doing a little checking and my coin has the strong reverse which is a little more rare from what I have read.
that coin is worth sending to NCS to be properly cleaned/conserved and encapsulated. It is one coin that it is worth paying a professional to "fix". Also, the weakness of those dies produced worn looking coins when they were new, so you may be pleasantly surprised by the grade it receives.
I think they charge a % of the coin's value (3% if I remember correctly). You should visit the NCS Website for further details.
Kind of depends on what your plans are for that coin. If you just want to have one in a slab then do as has been said to have it professionally cleaned and slabbed. However, if your a coin collector with Albums such as Dansco or Whitman and there is an empty spot for that coin, you may want to just dip it in Acetone, rinse with distilled water, blow dry with hisr dryer, put in the empty slot and forget it for now. I puchased a few of hem way, way back and all were in slabs. I cut them out of the slabs for the albums and over the years, no problems with anything. Of course in the next hundred years or so they may show signs of something. If so I'll let you know.
