1960 lmc questions

Discussion in 'Coin Chat' started by Martha Lynn, Oct 30, 2020.

  1. Martha Lynn

    Martha Lynn Well-Known Member

    Is this a large date ? If you were kind enough to grade it for me, what would you give it ? I would guess it to be worth about 25 cents tops but my post is not about value here. I need to learn so much more about grading and varieties ( THAT should be obvious ), . ect.. I feel I'm still on that bottom step of the cellar of ignorance I'm trying to climb out of. Thank you ....martha WIN_20201030_16_46_07_Pro.jpg WIN_20201030_16_46_37_Pro.jpg
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  3. robec

    robec Junior Member

    That’s a large date.

    Here is a small date.

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  4. potty dollar 1878

    potty dollar 1878 Well-Known Member

  5. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    I would say Low AU to Extra fine XF . Jim
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  6. JeffC

    JeffC Collecting for the fun of it. Supporter

    If you found it in circulation, it's amazing. Still in great shape.
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Very nice looking for its age and yes, it's a large date.
  8. Martha Lynn

    Martha Lynn Well-Known Member

    Yes. Found it crh from local bank.
  9. Spark1951

    Spark1951 Accomplishment, not Activity Supporter

    Yes to large date. As to learning to grade... @Martha Lynn

    A Yeoman Red book has basic grading at the beginning of each denomination (more or less), but to get you off that “first step”...it helps to have a known grade example to compare to while you are learning and you can find that at PCGS Photograde online/free. I, and many others, use it frequently.

    I learned first to distinguish if wear was present on the coin. That dividing guideline takes you to the lower Sheldon scale (0-AU58+) if wear is anywhere on the coin or, conversely, if no wear is determined, to the upper scale region (MS60-70). Both regions have their own terminology to get used to, I think the lower scale is easier to learn. The upper region gets into luster, strike, eye appeal and so forth and grading becomes more subjective. The luster you see can be seen differently by others, thereby injecting the “art” element of grading into the equation.

    It takes a while to gain the experience to grade, the more you do it the more you learn and the better you get at it. IMO.

    Hope this is helpful to you, and anyone else...Spark
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  10. Mr.Q

    Mr.Q Well-Known Member

    Great shape nice find. Thanks for the post.
  11. johnmilton

    johnmilton Well-Known Member

    Many rolls of 1960s Lincoln Cents were set aside. The early 1960s were a period of considerable coin roll price speculation. I used to see them offered at face value at a local club when I lived up north. Many of these coins have been released into circulation.
  12. Martha Lynn

    Martha Lynn Well-Known Member

    Yes. Indeed it does and I thank you. That motivates me to go back to those basic grading sections introduced with each coin denomination and years minted. That is the info I took for granted first time thru it. I need to go back and work thru that process I side stepped.
  13. ldhair

    ldhair Clean Supporter

    I still have 40 something rolls put away. Still worth the 50 cents I gave for them.
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