Hello all... Are these 1959 pennies worth submitting for grading? I already kinda know the answer... But I just want a seco
No es Bueno. Not worth grading. Stick them in a 2x2 holder and enjoy a Coke! Welcome to the forum??..
Welcome to Coin Talk. I was in High School in 1959 and I was an active coin collector. There was a rumor that the 1959 Lincoln Memorial Cent would be a one-time issue and then back to the Wheat Cent. So, for two different reasons, many people bought mint rolls and held the new coin. I still have some I bought. A 1959 Cent needs to be very special to make it worth the cost of grading.
I have 14 UNC rolls that I paid 50 cents each for. They would need to grade 67 or better to cover the grading cost. Of those 700 coins, I don't believe any would even grade 66.
Not really. Especially not those particular ones. Not worth the expense. For the reasons stated above.
To be worth the grading fees, a 1959 cent, has to be “beyond perfect.” It not only has to be mark free. It has to be perfectly made on the day it was struck, has not changed at all from that day. That’s a lot to ask of a coin made of a reactive metal like bronze, which is mostly copper. Add to that marketing and politics, which I believe plays a role in the grading of these coins, and can see the mountains you need to climb.
Why would you even think about having those pennies graded what with the costs involved ... .shipping, grading, shipping back. In 50 years from now years, they would still be worth less than the costs of grading. Just keep them as your own treasure.
I’ll make it simple and just say no. A 1959 cent is not worth the cost of grading. You’ll lose money trying to do so.
If you could get a 1959 cent in a PCGS MS-68 Red holder, a registry collector would probably pay you at least several thousand dollars. The best one so far is graded MS-67. Good luck getting that MS-68. It would need to almost float on water.
And you’d need to be able to walk on water to PCGS’ Newport Beach headquarters to submit it, to perform the kinda miracle that would likely entail. (And certainly not with those coins in the photos above, either.)
