Wheat pennies 1958 D to start

[Guest]

Hi everyone I'm new to the site and pretty new to coin collecting under a year under 6 months LOL I was coin hunting roll hunting and I came across a roll with these 58 DCM I was wondering condition wise what you can see are they worth being graded at all or not what is your guys honest opinion on the condition for the year

[mustbebob]

The condition of the coins is great as they appear to be uncirculated. Believe it or not, there are plenty of them out there. There seems to be a fair amount of minor dings and scratches on them. That affects the grade quite a bit. In my opinion, having them graded is not a good idea as you would never recoup your grading fees.

[jfines69]

Welcome to the LCF... Those are some shiney coins... Must have given you a headache to look at a roll of those Lots of knowledgeable folks here ready to help out... Make sure to check out our Abbreviations and Glossary libraries (links on tabs at top of page... Another site to check out is Error Ref http://www.error-ref.com/

[enamel7]

I agree with the others. For example, a 1958D MS 65 cent in the Redbook is only valued at $1.00. Condition and rarity both are involved in determining value. Welcome to the forum!

[GrumpyEd]

Finding any red unc wheat cents in circulation is amazing and a lucky find!
Still, you can buy all the 58-d rolls you want from around $6-$12.5 so they are worth 12-25 cents in typical unc roll grades like 63 and up, typical unc roll coins. The $1 for a 65 in books is a retail price like what a dealer with the overhead of a shop might ask for a 65 in a flip and typical rolls will be a lot of 63-64 and maybe some 65 or better if lucky.

It's not worth $30 to have a coin worth under $1 graded because it will not sell for the grading fee.

Still makes me happy to see them, the what reverse looks so nice in unc red

[VAB2013]

Welcome to the LCF! Your 1958D's are very nice looking and I can see why you would want to know about having them graded! If I were you I would keep them, or if you have a bunch, keep the best looking ones. Then later if you are putting together a folder you will have some nice ones to pick from. Also, if you were to find an RPM or doubled die in the bunch that would increase the value, but not enough to get it slabbed unless you were lucky enough to find a nice grade Coppercoins 1958D-1MM-021. Here's a link to Coppercoins Advanced Search for 1958D https://coppercoins.com/diesearch.ph...smint=d&page=0

[WaterSport]

Welcome. Great advice from those that posted. To illustrate what is being said here is a 1958 D MS 66 graded by PCGS for only $15. Much cheaper than you could ever get yours graded.

https://www.ebay.com/itm/1958-D-Lincoln-Cent-PCGS-MS66RD-Free-shipping/113543601892?hash=item1a6fb9dee4:g:wKAAAOSwhDVbPEGb:sc:USPSFirstClass!29466!US!-1:rk:15:pf:0WS

WS

[jfines69]

Welcome. Great advice from those that posted. To illustrate what is being said here is a 1958 D MS 66 graded by PCGS for only $15. Much cheaper than you could ever get yours graded.

https://www.ebay.com/itm/1958-D-Lincoln-Cent-PCGS-MS66RD-Free-shipping/113543601892?hash=item1a6fb9dee4:g:wKAAAOSwhDVbPEGb:sc:USPSFirstClass!29466!US!-1:rk:15:pf:0WS

WS

Always awesome to have a reference for looking at... Thanks!!!