MS 69 1958 D Cent (PGS Certified)

Discussion in 'US Coins Forum' started by ColonialCoin4, Jun 13, 2017.

  1. ColonialCoin4

    ColonialCoin4 Active Member

    At my LCS, I had won the raffle for a PGS certified- not PCGS, PGS MS-69 1958 D wheat penny. How much is it worth?
     
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  3. mikenoodle

    mikenoodle The Village Idiot Supporter

    don't take offense at this, but about 2¢
     
  4. Johndoe2000$

    Johndoe2000$ Well-Known Member

    It could be worth a little more to a slab collector?
     
  5. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    There may be about $.10 worth of plastic in the slab and the coin may be worth as much as a dollar if truly MS. PGS is what's commonly referred to as a basement slabber.
     
    jtlee321 likes this.
  6. mikenoodle

    mikenoodle The Village Idiot Supporter

    true, but that would be considered as value of the slab, not the coin, and in that case is independent of the value of the coin.
     
  7. Johndoe2000$

    Johndoe2000$ Well-Known Member

    You're right, OP asked about the coin not the holder. I just assumed it was a package deal. ;) yep, not exactly a top tier TPGS.
     
    mikenoodle likes this.
  8. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    Now, now... if it's the PGS I'm thinking of, sort of looks like an old gold box PCI label in a different holder? You've hit the trifecta.

    Professional (no it's not)
    Grading (not on a bet)
    Service (nope)
     
  9. Michael K

    Michael K Well-Known Member

    69 is a rare grade. If it's MS 65 about a dollar retail.
    Let's see a photo please.
     
    Last edited: Jun 13, 2017
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    69 is NOT a rare grade from a self-slabber, which is what PGS is. The grade isn't worth the paper it's printed on.
     
    Oldhoopster likes this.
  11. Keepright

    Keepright Member

     
  12. Keepright

    Keepright Member

  13. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Crack it out of that crappy slab so that no one else will be conned into thinking it is a high grade coin. Let the coin "spend" its remaining years in peace and harmony.

    Chris
     
  14. Michael K

    Michael K Well-Known Member

    69 is a rare grade from a legit slabber. I think that was obvious.
     
  15. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    So you gonna show the pics?
     
  16. ColonialCoin4

    ColonialCoin4 Active Member

    I saw the Red Book listing one in MS-67, so right after the show I went to the bank to put it in my safety deposit box.
     
  17. mikenoodle

    mikenoodle The Village Idiot Supporter

    The red book also places a value on 43 steel cents in VF, or circulated Lincoln Memorial Cents, but don't expect anyone to pay those amounts
     
    gates likes this.
  18. messydesk

    messydesk Well-Known Member

    "PGS certified" is absolutely meaningless. This is a raw, ungraded coin, probably worth a few cents. That the people running the raffle either didn't realize this or are passing it off as a legitimately graded coin is rather disquieting.
     
  19. Johndoe2000$

    Johndoe2000$ Well-Known Member

    OP, as stated multiple times in your thread, you can't accept the grade from this company. Without good clear pics of your coin, no one can help you evaluate this coin. AGAIN, YOU CAN'T TRUST THE GRADE ASSIGNED FROM "PGS". You shouldn't tuck this away thinking it is a ms69, when it's much more likely to be a lower grade.
     
  20. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    When it's more likely to be a much lower grade. - corrected ;)
     
  21. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Double Negatives were necessary here.
    ICG/ANACS= more likely
    PGS= much more likely.
    :).
     
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