I have quite a few LMCs [from a bag of five thousand]. I would like to separate a handful of the nicer coins in order to keep them. Because these coins were probably dumped by a coin dealer many are uncirculated, however, because they have been rubbing against other coins many are worn but look new [see pic].
My question is:
Which would be considered more desirable, a shiny but worn coin or a brownish coin with the details? Or something in between?
The coin that I am using is a '68 which [I believe was made with worn dies]. The obverse is in better condition than the reverse as far as PSD is concerned and I think most people are more interested in the obverse so not sure how much PSD on the reverse factors into decisions.
Eye appeal to the beholder. I have some cents I enjoy looking at a consider them important to me. Other would look and see a common cent because different things appeal to him.
Even a fool can look wise if he keeps his mouth closed.
I agree completely. What's collectible to one person may not even be on the radar for another. You should always collect what appeals to you. I have lots of stuff that I just hold on to because it is interesting to me.
Bob Piazza
Former Lincoln Cent Attributer Coppercoins.com
This is part of the reason I save one roll of each memorial.
At one point I had tons of random rolls but decided it was a mess and not really worth keeping a random hoard so I sold off or traded or gave away or dumped a lot of extras.
In the end I only wanted to keep the best full roll of full red uncs for each date/MM.
If I had tons from unc rolls I saved what looked the best. If I only had a put together roll I tube them with the best at the bottom so as I find a gem coin it's easy to tip the roll, dump the ugliest from the top and insert the better one deeper based on how nice it was.
My goal was keeping the best made more sense than keeping everything and also value wise the grades do matter. With almost any coin a single high grade (or roll) can be worth more than a hoard of lower grades. Taking that to the extreme, wouldn't it be better to have one high grade cent from the teens than a few rolls of ugly circs or have one 66 red than a mixed roll of AU-63ish coins. On top of that someday when selling, it's probably easier to sell one high grade coin (or roll) than a bunch of sort of nice coins (less coins to sell). I guess the other end of the scale is pretty easy to sell too, I mean you can sell random mixed circ wheat bags easily too but you need a room full of them. The tougher thing to sell is hundreds of in between stuff, stuff too nice to sell in bulk but not really worth the effort of selling singles that are under a dollar. In the end I felt a single roll of the best full reds is the best thing to keep and does not require a room full of stuff and a forklift
This is also why I don't use flips for lots of coins, it's a waste of a few cents each time you upgrade and takes a lot of space to store. Tubes are much better and cheaper to use.
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