1989 penny. Worth anything

Discussion in 'Error Coins' started by Mike slaughter, May 28, 2025 at 5:12 PM.

  1. Mike slaughter

    Mike slaughter New Member

    Not sure m if I need to get this penny graded
     

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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    No, not worth grading at all. It’s flat and shelf like and that is worthless doubling known as MD or mechanical doubling.
     
  4. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    That is not a doubled die variety, and it won't be attributed.
    You will waste your money because when you send it you have to pay 2 fees.
    One for grading and another for error/variety attribution.
    They don't refund your money o_O
     
  5. KBBPLL

    KBBPLL Well-Known Member

    From your closeups my assumption is that you think this is a DDO, and your question about getting it graded means you want it designated as a DDO. What you should understand is that the two major TPGs have a very limited list of varieties that they will designate, and the lesser but reputable ones - ANACS and ICG - attribute a wider range of varieties, but you're still going to have to demonstrate that your coin is a known, published variety. There seems to be a misconception out there that you find an "error" or variety, so you get it "graded" and you make money. The reality is that first you have to identify what specific variety it is, and if it's a new one you're going to have to get it published somewhere and have a TPG recognize it.

    The first question you should ask is whether or not this is what you think it is, and from there which known one it is. "Worth anything" and should you get it graded are way way way down the road from that.
     
  6. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    May I add something about TPG's? They're overrated and most "newbies" think a slab will automatically make a coin worth more. "Buy the coin not the slab". wink.png
     
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