Hi again everyone well I definitely think I found a big keeper A 1969 d penny brown - No FG - floating roof I definitely need your input on this Hopefully good news Thanks in advance
Common. Nothing major. The result of an overpolished die. It is not a variety, it is not a mint error. It is just a late die stage of that particular die, but could also happen on other dies if they are overpolished.
I found one in my blue Whitman folder from when I was a teenager a few years back. Sent it to PCGS. MS64 RB. They use it as the sample photo. Worth $200.
Can we see it? What is the PCGS number? Did PCGS give it that value? Or is that what you think it is worth? If they did then it is probably for the grade not the issue. I don't think any TPF recognizes the Floating Roof on their labels.
I just looked it up Paddyman Pcgs recognizes it as an FS-901 / No FG. I had no idea either. https://www.pcgs.com/coinfacts/coin/1969-d-1c-no-fg-fs-901-rb/415499 The one below sold at GC for $154 MS63 RB https://www.greatcollections.com/Coin/208094/1969-D-Lincoln-Cent-No-FG-FS-901-PCGS-MS-63-RB
Interesting. I’ve seen this condition fairly often during CRH events. Never gave it much thought as a result.
It’s interesting if that’s what you collect. Casting no shade for that. But there's a reason TPGs don’t put some die maintenance results on labels. Just depends on the service you use and what they allow for what you pay for. I’ve seen “die polish marks” on labels. Obviously, “No FG” is valid since it shows on labels for different denominations, but when you come down to the bottom line you collect what interests you, no matter if anyone shares that interest…imo…Spark
I would have stated "There is no way in hail" that PCGS would have certified that details, environmentally challenged, worn die Lincoln as mint state and RB if I hadn't seen it myself. Confirms my way of thinking about the TPG's . . . . . Z
That coin doesn't deserve a strait grade, with that spot. It obviously changed in the slab. The reds are graded much more on par. The coin is a variety! schrugs shoulders. https://www.pcgs.com/coinfacts/coin/1969-d-1c-no-fg-fs-901-rd/415500
To that point, I bought a few 1970S small dates and went about investigating grade by looking up specimens at the TPGs and Heritage. I was shocked at the inconsistency within any one of the venues never mind between themselves. I concluded that if I submitted my coins it would be a bit of a crapshoot. So, I didn’t.
My thoughts are; by having a piece encapsulated by a TPG you are buying market acceptability, an opinion of condition, and establishing a general range of market pricing. That market acceptability can have a significant influence in market pricing, and the effects of such vary wildly from TPG to TPG. If you piece stands to benefit from encapsulation, either in terms of certification of authenticity or increased desirability, then it's a "no-brainer." I have a few pieces that I would love to get certified, but with estimated values of items that are less than $500, it hardly seems worth the cost or effort (which is substantial for the average collector). Z
That’s where I’m at. Just not enough juice in the squeeze. I think it more likely that they might grade lower than I expected; the universe working against me.
The one thing I am definitely understanding is your country is worth what somebody is willing to pay for it and everybody's coin collections are unique to themselves. I totally understand well to a point and me being a newbie the one I was totally shocked that actually was graded but then again I can't speak my opinion too much I don't have enough experience too nowhere close to know all that all of you know. I hope one day I will be able to know right away yes yes or hell know. Lol Thanks everyone for your responses and input
I am not kicking the coin, just the big spot on the reverse. It may be original, it just has a spot that has gone further than a carbon spot and should be a details coin not straight graded.
