Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What pennies should I look for?
>
Reply to Thread
Message:
<p>[QUOTE="midtncoin, post: 2973457, member: 89569"]Gloria92D</p><p><br /></p><p>Here are my general "rules of thumb" for cents. </p><p><br /></p><p>For wheat cents (pre-1959)</p><p>Anything prior to 1935 has value.</p><p>From 1935 to 1958, it only has value if it is uncirulated. (Circulated late-date wheat cents generally bring around 3 cents each IN BULK -- meaning you may get $3 for a bag of a hundred but no one is going to bother to pay you 3 cents for a single coin).</p><p><br /></p><p>For memorial/shield cents (1959 to today)</p><p>Circulated examples are worth 1 cent.</p><p>Uncirculated examples have a small premium value to them depending on the date.</p><p><br /></p><p>For both types, there are a handful of well-known error coins. Coins like the 1955 doubled die and the 1972 doubled die bring big bucks. But the odds of finding one of these in circulation is very slim -- although it has been known to happen. </p><p><br /></p><p>Another good rule of thumb of mine -- if you need a strong magnifying glass to see the error, it's probably not going to bring much of a premium. The "big" ones are visible with the eye.</p><p><br /></p><p>Hope this helps. Of course there are exceptions to every rule but these are the generalities I use when collecting Lincoln cents. The best advice I can give you has already been given above -- pick up a copy of the Redbook at a local library or book store.[/QUOTE]</p><p><br /></p>
[QUOTE="midtncoin, post: 2973457, member: 89569"]Gloria92D Here are my general "rules of thumb" for cents. For wheat cents (pre-1959) Anything prior to 1935 has value. From 1935 to 1958, it only has value if it is uncirulated. (Circulated late-date wheat cents generally bring around 3 cents each IN BULK -- meaning you may get $3 for a bag of a hundred but no one is going to bother to pay you 3 cents for a single coin). For memorial/shield cents (1959 to today) Circulated examples are worth 1 cent. Uncirculated examples have a small premium value to them depending on the date. For both types, there are a handful of well-known error coins. Coins like the 1955 doubled die and the 1972 doubled die bring big bucks. But the odds of finding one of these in circulation is very slim -- although it has been known to happen. Another good rule of thumb of mine -- if you need a strong magnifying glass to see the error, it's probably not going to bring much of a premium. The "big" ones are visible with the eye. Hope this helps. Of course there are exceptions to every rule but these are the generalities I use when collecting Lincoln cents. The best advice I can give you has already been given above -- pick up a copy of the Redbook at a local library or book store.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What pennies should I look for?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...