1954-D Penny - PCGS graded MS64RD

Discussion in 'What's it Worth' started by StevieB, Dec 31, 2016.

  1. StevieB

    StevieB Active Member

    I paid $1.00(plus $1.80 shipping) from a ebay buy it now listing. I am just curious how much it is worth?

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  3. ldhair

    ldhair Clean Supporter

    The seller messed up. It was worth more than a dollar.
     
  4. StevieB

    StevieB Active Member

    Do you know about how much it is worth since it is graded?
     
  5. ldhair

    ldhair Clean Supporter

  6. Garlicus

    Garlicus Debt is dumb, cash is king.

    You can (and sometimes need to) verify the certification number here: http://www.pcgs.com/cert/

    It will verify that it is an actual PCGS graded coin, and provide other info, such as the PCGS book value, which in this case is $2. Even at $2.80 I would say you made a good purchase.

    You can always check book values for all coins here http://www.pcgs.com/prices/

    2818 = PCGS reference #; 64 = grade assigned; after / = cert #
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    Last edited: Dec 31, 2016
    mynamespat likes this.
  7. tommyc03

    tommyc03 Senior Member

    Good deal! Idhair is correct, around $8.00. But some poor soul paid a lot of money to have this slabbed.
     
  8. StevieB

    StevieB Active Member

    Alrighty thank you all!

    Also as tommy stated, it would have cost $25 to have that penny graded correct?
     
  9. tommyc03

    tommyc03 Senior Member

    No way to ever know for sure. It could have been sent in on a special with free return shipping or piggy backed on someone else's order. But that would be pretty close...$12.00 grading plus splitting the shipping.
     
  10. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Not necessarily. If it was part of a bulk submission the cost would have been much lower.
     
  11. rlm's cents

    rlm's cents Numismatist

    Not really. It was probably included in a roll so the gradee got bulk rate. My guess would be $7 to $9 at most.
     
  12. tommyc03

    tommyc03 Senior Member

    (And) it could have been submitted by a newbie at full price who thought he/she struck gold.;) Have to get into my time machine to go back and see if I can figure this out.
     
    rlm's cents likes this.
  13. StevieB

    StevieB Active Member

    heh, ok thanks everyone ;-)
     
  14. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    When I was actively submitting coins to NGC, I made it a point to submit certain coins as my renewal freebies if I didn't think that they were worth grading on the usual grading tiers.

    Chris
     
    tommyc03 likes this.
  15. Noah Finney

    Noah Finney Well-Known Member

    my Redbook says 1 dollar but with the grading is probly worth around 8 bucks.
     
  16. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    The majority sold on eBay recently have sold for brtween $3-$6. There are a few more expensive that the bulk are in that range.
     
  17. eddiespin

    eddiespin Fast Eddie

  18. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The grading by a TPG should not factor into the value of the coin. If you're selling your car, do you increase the asking price if you fill the tank?

    Chris
     
    Noah Finney likes this.
  19. StevieB

    StevieB Active Member

    @cpm9ball

    I think grading should up a coins value, you have to pay to have them graded so it would make more sense to charge a premium on that said coin.

    I am new to this, but yea...
     
  20. Noah Finney

    Noah Finney Well-Known Member

    Welcome to CT @StevieB
     
  21. StevieB

    StevieB Active Member

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