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<p>[QUOTE="Clawcoins, post: 4131913, member: 77814"]Welcome to CT and coin collecting. Coin collecting can be very rewarding, it can also be very hair-pulling.</p><p><br /></p><p>one must first understand that coins, found in circulation, well .. have been circulating. And when coins are in circulation they are abused beyond anything you can think of. After all, think back to all the places you have found coins or stored them,thrown them, dropped them, etc.</p><p><br /></p><p>Of course a 1968 cent could have been circulating for 52 years. In and out of pockets, cashier trays, coin jars, banks, car cup holders, etc.</p><p><br /></p><p>Since it is made of metal, metal gets worn, pushed around, damaged etc etc. One must never forget that. What you are seeing is simply circulation wear and tear.</p><p><br /></p><p>Checking this site</p><p><a href="https://www.usacoinbook.com/coins/small-cents/lincoln-memorial-cent/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.usacoinbook.com/coins/small-cents/lincoln-memorial-cent/" rel="nofollow">https://www.usacoinbook.com/coins/small-cents/lincoln-memorial-cent/</a></p><p>only really really nice 1968 cents are worth anything.</p><p><br /></p><p>Really nice meaning in MS grade. MS grade is a grade you get when you PAY significant money to get a coin graded. In this case someone may have spent $40 to end up with a 26 cent penny graded at MS60.</p><p><br /></p><p>Yes you read that correct.</p><p>you have a penny worth 1 cent.</p><p>You spend say about $40 of your money to get it graded</p><p>to end up with a cent now worth 26 cents.</p><p><br /></p><p>so 26x it's face value .... of a $39.74 overall loss.</p><p>So coin collecting is not really a money making endeavor most of the time. One must realize that and learn from it. Of course your example is no where near a "ms60" grade either.</p><p><br /></p><p>I recommend you purchase yourself a "Redbook" of United States coins. You'll learn a lot in perusing the pages, though the valuations are suspect it contains a lot of information that is worthwhile.</p><p><a href="https://www.amazon.com/2019-Official-United-States-Coins/dp/0794845711" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.amazon.com/2019-Official-United-States-Coins/dp/0794845711" rel="nofollow">https://www.amazon.com/2019-Official-United-States-Coins/dp/0794845711</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 4131913, member: 77814"]Welcome to CT and coin collecting. Coin collecting can be very rewarding, it can also be very hair-pulling. one must first understand that coins, found in circulation, well .. have been circulating. And when coins are in circulation they are abused beyond anything you can think of. After all, think back to all the places you have found coins or stored them,thrown them, dropped them, etc. Of course a 1968 cent could have been circulating for 52 years. In and out of pockets, cashier trays, coin jars, banks, car cup holders, etc. Since it is made of metal, metal gets worn, pushed around, damaged etc etc. One must never forget that. What you are seeing is simply circulation wear and tear. Checking this site [URL]https://www.usacoinbook.com/coins/small-cents/lincoln-memorial-cent/[/URL] only really really nice 1968 cents are worth anything. Really nice meaning in MS grade. MS grade is a grade you get when you PAY significant money to get a coin graded. In this case someone may have spent $40 to end up with a 26 cent penny graded at MS60. Yes you read that correct. you have a penny worth 1 cent. You spend say about $40 of your money to get it graded to end up with a cent now worth 26 cents. so 26x it's face value .... of a $39.74 overall loss. So coin collecting is not really a money making endeavor most of the time. One must realize that and learn from it. Of course your example is no where near a "ms60" grade either. I recommend you purchase yourself a "Redbook" of United States coins. You'll learn a lot in perusing the pages, though the valuations are suspect it contains a lot of information that is worthwhile. [URL]https://www.amazon.com/2019-Official-United-States-Coins/dp/0794845711[/URL][/QUOTE]
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1968 penny worth anything?
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