I found a 1960 Penny in exceptional condition. I don't know the steps to get it Graded.

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Small date. Not worth having it graded. Nice find, however.

 

Yes, nice find. I found a few in that condition dated 1990 in my favorite CoinStar machine two days ago. Somebody had left $3.52 in assorted coins in that reject bin; only 52 of them were pennies.

 

If you send it for grading, that gash across the obverse will give it a 'details' designation. That's not a good thing, and you'll still pay the grading fee.

 

Welcome to CoinTalk. Nice find.
Some links to sites with good info you may find helpful.
http://coinauctionshelp.com/lincoln-cent-value-memorial/
https://www.usacoinbook.com/encyclopedia/

 

Nice coin but not worth getting graded as stated. IMO
Welcome to Cointalk
Dave

 

It's not worth grading. 2 contact marks, 1 in the field in front of Lincoln's nose and the 2nd on his shoulder will prevent any high grade. It might even give it a "details" grade. It's a circulated cent. It has decent eye appeal so get an airtite and store it protect it from oxidation.

 

Not worth grading. Low grade LMCs like this aren't worth grading fees.

 

Maybe you can verbalize why you seem to desire to have a coin graded? When you understand the costs involved, that kind of analysis causes one to think hard about it.

 

It's worth 1 cent.

 

Welcome to CT! You found a nice 60-D small date. The Denver issues are NOT more valuable like the 1960P small date. There were approximately equal numbers of small and large date Denver coins made.

You'd have to get a minimum grade of MS-67 to make it worth all the grading fees. The coin appears to be at best MS-63 so it's not worth the expense of grading. You can get an idea of values from here:

https://www.pcgs.com/prices/priceguidedetail.aspx?ms=1&pr=1&sp=1&c=47&title=lincoln+cent+(modern)

In general, you want your coin to be worth at least $200 after it's been slabbed or it's simply not worth the cost. You're far better off buying an example already slabbed.

 

Here's one of my 1960D small dates, I have not even sent this one in and it's real nice with it's obverse "red" toning:

 

It can't be MS-63 because it is damaged from a scratch.

 

Not worth grading

 

I really Appreciate the advice given. I just figured a coin can. Only Sell if it has been Graded. I an still a Novice still learning. I love the Hunt of Coin Collecting and learning each day I do this. My passion is what drives the desire to do this. Sincerely Thanks

 

For some people and some situations, this becomes close to being true. I have to keep reminding myself that my embarrassment of riches in coin buying and selling opportunities is no longer the national norm. Come to Pennsylvania this August and see what a "coin town" ANA convention looks like.

HOWEVER, my rule of thumb is that it is almost NEVER worth having a coin graded that can't be worth at least $100, except for really odd situations.

 

I would add that it's almost impossible to find a coin worth that much from circulation. If it were easy, we would all sit around and do it. It's like hitting the lottery, someone has the lucky numbers, but the chance that it's you are very, very slim. That's not meant to discourage, many of us collect for the pleasure not the dollar value.

 

Another thing to keep in mind..... The year 1959 was a transitional year for the Lincoln cent. When a design changes in isn't uncommon for folks to purchase rolls of the new coin and put them away. Fifty-odd years pass and that roll of stored cents now finds its way back into circulation. Yes, your cent is a nice cent and one to hold if you collect cents. But with the scratch it will not be worth much more than its face value in our lifetime.

 

When I grade a coin, I start out with the ANA Grading Standards book. I also will pull up the PCGS Photograde Online website, mainly to see what coins look like while still uncirculated.

 

True. I keep dual Dansco albums for Lincoln cents. In one, every coin has been carefully selected, and everything newer than 1958 is from either a mint set or a proof set (#8000 series Dansco). On the other, an obsolete #7106 Dansco, every coin comes from either a circulation find or from a cheap bulk lot from an auction, no individually selected pieces, and no pieces that used to have a plastic home. I am gradually upgrading the early ones in the 8000 series Dansco. All the 1933-date are already full Mint State of some coloration or another. The #7106 starts at 1935.

For any beginners out there struggling with the 1982 varieties, keep an eye out for 7-coin MS full sets of 1982 cents. They’re cheap and available.