Is this worth getting slabbed?

Discussion in 'Coin Chat' started by JCro57, Jan 18, 2018.

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Submit this to a grading company for slabbing?

Poll closed Jan 21, 2018.
  1. Yes. I would definitely submit it to be slabbed

    64.0%
  2. Yes. But not to PCGS (please tell me who instead and why).

    8.0%
  3. No. I would NOT send it in to be slabbed to any grading company.

    32.0%
Multiple votes are allowed.
  1. JCro57

    JCro57 COINS: Change I Can Believe in

    I have this absolutely incredible Lincoln that was super broadstruck with interesting monster doubling of his head, as well as being die capped. There also appears to be peeling, particularly on the reverse, exposing the base metal. It is without question B.U.

    Is this worth submitting? (I would choose PCGS only because I only have PCGS slabs). Would love to know why for all your responses. Screenshot_2018-01-18-22-42-54.png Screenshot_2018-01-18-22-42-58.png
     
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  3. CoinCorgi

    CoinCorgi Derp, derp, derp!

    BU eh? Don't know how it could possibly circulate after that happened to it.
     
  4. spirityoda

    spirityoda Coin Junky Supporter

    very cool, but I would not get it slabbed. wait for the error guys to come in here with their opinions...
    ask @paddyman98 he would know the value of this error coin.
     
    JCro57 and Seattlite86 like this.
  5. Seattlite86

    Seattlite86 Well-Known Member

    I personally wouldn't. I don't see it being cost effective. I'd anticipate it to sell for around the amount you would spend on getting it slabbed.
     
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  6. Mainebill

    Mainebill Wild Bill

    Cool error. Yes I would as I think it’s dramatic enough to bring a good premium
     
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  7. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    I agree. What @Mainebill said, exactly. It's cool looking. Worth a shot at PCGS.

    However, @Seattlite86 does have a valid point. It might or might not fetch enough of a premium in an auction to be worth the slabbing fees.

    Really, I suppose the main question is whether you intend to keep it in your collection or try to "flip" it. I think it's a dramatic enough error to be worth the plastic, and the plastic would add resale value, but it's hard to say how much, exactly.

    Might be worth investigating the prices of similar pieces that sold on eBay, if you can find any such closed auctions.
     
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  8. JCro57

    JCro57 COINS: Change I Can Believe in

    I plan to keep it. I have a set of broadstrike coins from the 90s (cent, nickel, dime, quarter.) All barely fit in their paper flips (dime snug in a nickel flip, nickel snug in a quarter flip, quarter about half the size of a half dollar, amd I am guessing this penny will have to be a quarter one).
     
  9. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    Well, in that case, the decision is entirely at your whim. Planning to submit the others for grading as well?
     
    JCro57 likes this.
  10. Treashunt

    Treashunt The Other Frank

    Submit them as a set, and get consecutive #'s.
     
    Whipps, Seattlite86, Paddy54 and 3 others like this.
  11. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Definitely want to encase it in SOMETHING that will protect it from moisture. There's enough zinc exposed where the copper plating stretched and broke to make me worry about zinc rot.
     
  12. Rick Stachowski

    Rick Stachowski Well-Known Member

    This coin is not worth sending to PCGS .
    The fee ( 65 dollars ) will kill any profit that could get made .
     
    Seattlite86 and mikenoodle like this.
  13. Stork

    Stork I deliver Supporter

    If the concern is more protection then you need more than a slab. Slabs are protective but are not airtight (unless things have changed recently). My slabs sit in Coin Armour bags/Intercept boxes/both for that reason.

    More cost effective and more protective would be Airtite capsules. You can order in various sizes and some come with foam rings for fit (not sure I'd use those either). THEN you'd be sure to have the 'best' seal.

    OTH, for display etc, a serially numbered set of slabs would be kind of cool and more uniform than variously sized airtites. Not sure if NGC or PCGS has a better following for these, but IIRC there are a couple error types (de-lamination???) that one of the two would not slab but the other might depending on the coin. Then I'd keep the slabs with some sort of Intercept product.
     
    Oldhoopster likes this.
  14. JCro57

    JCro57 COINS: Change I Can Believe in

    Never thought about slabbing the others as well and getting consecutive serial numbers. I might just do that!
     
  15. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    Here's my question: Okay, I get that it might be a problem value-wise to get it slabbed. However, how WOULD folks recommend storing this piece while protecting it from the elements? As a Zincoln, it's going to be prone to further degradation.
     
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  16. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    @Stork recommended AirTites.
     
  17. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    I thought of that too, but is it thick enough? That pic makes the piece look pretty thick.
     
  18. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    I don't see where slabbing it would increase it's value or salability but if I wanted a nice $50 holder with the error labeled on it......
     
    Seattlite86 likes this.
  19. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's your coin so do with it as you will. Ask yourself how it fits into your collection. Is it worth the cost of grading? No. If it were mine would I grade it? Yes. Why? Because its mine and that's what I would do. Not everything is about costs and profit.
     
    JCro57, Cheech9712, Stork and 2 others like this.
  20. wxcoin

    wxcoin Unknown expert

    Sweet coin! Despite the cost I'd have it slabbed.
     
    JCro57 likes this.
  21. dwhiz

    dwhiz Collector Supporter

    I would send it in
     
    JCro57 likes this.
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