Hello, I recently found a couple of 1961 D Lincoln cents. I compared them to the PCGS grading guide. It seems that the best one out of them is somewhere between MS63-MS65, perhaps even MS 66. I don't know if it is even worth it for me to send it for grading. I would like to know your opinion about this. The pictures don't necessarily represent how the coin looks in real life(lighting issues). However, they are close enough. Thanks,
It would need to be a MS-67 RD or better to be worth the price of grading. I can't see your coin well enough to say if you should send it in or not, but 67 is a condition rarity and commands a very high premium. Chances of scoring that grade is pretty much zero.
Based solely upon the one photo where enough detail is visible, submitting would be a waste of money, unfortunately.
5 cents retail. There's no market for this. Dealers are not buying, and collectors don't want this. You can put it in an album if it is your best conditioned find for this year and mint mark. I blame You Tube for making people think that any common shiny cent is worth thousands of dollars because of some MS 68 Red that sold for thousands of dollars. YOU COULD HAVE A FORTUNE IN YOUR POCKET. Is this an error? Is this a doubled die? Is this an MS 67? Etc. The videos don't tell you that those three things are probably 1 in a billion. (Less, but you know what I mean.)
To be fair, this has been going on since long before youtube came into existence, but I absolutely agree that such videos are very likely responsible for a great deal of what we're now seeing. Also, let's not give Ken Potter a free pass here with his ridiculously and most regrettably titled "Strike it Rich with Pocket Change" nonsense. It's one thing for youtube fools who care only about clicks and subscribers to mislead, but something else entirely for a respected member of the community to do so in order to sell a book.
I agree with you 1,000,000%! The only person who is striking it rich is KP, himself. However, in his defense, the dummies who believe what they read in this book deserve everything they have coming to them. FWIW, I have never been a fan of BoobTube as well. Chris Chris
It is true that it has been going on before YT, however, when you are able to reach literally billions of people, the message gets spread that much quicker. You Tube was better before (Google?) acquired it. Almost unlimited music videos, sports clips, anything you can think of in terms of instructional videos. If your steering wheel locks, there is a video to help you. Want to change the batteries in your smart key which just won't open, etc. Now it is not as good, but most of the music is still there.
Aside from being able to safely predict the grade a TPG will assign (and understanding that TPGs do not have the same standards across the board), one must first ask themselves why a coin would need or benefit from being slabbed/submitted. Unfortunately, many collectors, and particularly new collectors, all too often simply think or assume plastic is necessary for any halfway decent coin when the reality is that a great majority of perfectly nice and collectible coins have no business being in a slab. Plastic must add something of value to a coin at least equal or greater than the cost of submission in order for it to be worthwhile. This can be anything from increased liquidity, to independent authentication, and everything in between. One must also remember that the TPGs are not the collector's friend. They're for profit businesses, and are more than happy to take your money or permanently bury you in a poor submission. The greater point is that this all really is a game. Play it well and wise submission can return more than it's cost, but play poorly and you'll lose.
I fully agree on all points, but particularly in relation to this hobby. Just to further your point, remember this clown?
Oh yes, I forgot to mention this. The coin does appear to have some "doubling" on the reverse in the word "States". It is a letter "t". However, it most probably is mechanical doubling, if I am not mistaken in this term. Considering that the other coins have the same thing, I am pretty sure it is not an error. Have any of you ever seen such a thing on this coin?
Sure, and is rather common, but if you'd like to post a closeup or two just to be certain, please do. Mechanical doubling, strike doubling, machine doubling, SD, MD, etc, etc are just different terms for the same thing. Below is a link that should address the different types of "worthless doubling" if you'd like to check it out.... http://doubleddie.com/144801.html
Unless an artifact of the lighting (which does happen, particularly with USB "scopes"), yes... it does appear your hunch was right.
It seems like it is an artifact or shadow but I will post a few other pics from different angles(at least one of them).