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.
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.
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.
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.
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).
Well, in that case, the decision is entirely at your whim. Planning to submit the others for grading as well?
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.
This coin is not worth sending to PCGS . The fee ( 65 dollars ) will kill any profit that could get made .
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.
Never thought about slabbing the others as well and getting consecutive serial numbers. I might just do that!
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.
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......
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.