1970 Lincoln Pennies

Discussion in 'What's it Worth' started by coin0208, Nov 27, 2017.

  1. coin0208

    coin0208 New Member

    I have a couple pennies from 1970 that still look pretty shiny. Would it be worth it to have these graded? Attached are some images as well as a brown well circulated one for comparison. I would appreciate your thoughts?
    1970 Penny.jpg 1970 Penny back.jpg
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Simply put? No.

    Now, if one is revealed to be the small date variety, the opinion becomes "maybe".
     
  4. coin0208

    coin0208 New Member

  5. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    On edit: if you find one that has no hint of a visible mark on it; no spots, no nicks, THEN it's also a maybe.
     
    Fallguy likes this.
  6. coin0208

    coin0208 New Member

    Got it! Another quick question. Are these rims on the edges of these 72 coins considered errors? 72 penny rim (1).jpg 72 penny rim (2).jpg
     
  7. Amos 811

    Amos 811 DisMember

    better pics of the middle one, it may be a small date.
    the railroad rim is a common issue, adds minimum value.
     
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    These kinds of raised rims were quite common in the early 1970's. I've heard it described as a "weak collar" and other names, such as slightly misaligned dies. I think "weak collar" is more descriptive.
     
    coin0208 likes this.
  9. coin0208

    coin0208 New Member

    Thanks! I think pic is a little better.
     

    Attached Files:

  10. Treashunt

    Treashunt The Other Frank

    Hint:

    Spend them
     
  11. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Just plain and simple..
    Misaligned Die Strike

    Minor mint error
     
    Fallguy, Oldhoopster and tommyc03 like this.
  12. tommyc03

    tommyc03 Senior Member

  13. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Ditto!

    By the way, @coin0208 , welcome to the neighborhood!

    Chris
     
  14. coin0208

    coin0208 New Member

    Thank you @cpm9ball!
     
  15. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    Don’t dare spend it. It’s the start of your rim error collection. Keep on hunting. Remember you’ll never find anything if you don’t look. I can feel more errors in your future. Search you must young coin Jedi.
     
    LA_Geezer likes this.
  16. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Just to be clear, while technically, these are mint errors, they really carry no extra value. There is no reason to keep them if you're expecting them to go up in value.

    When 352sdeer says "don't dare spend them", I think he means that keeping the coins can be the start of a collection. If this leads to you Searching for more errors, learning about the minting process, and gets you into numismatics as a hobby, then the value of these coins are priceless
     
    Bambam8778 and LA_Geezer like this.
  17. coin0208

    coin0208 New Member

    Thanks @352sdeer and @Oldhoopster!
     
  18. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    To the Hobbist price only matters if your collecting to sell. And I don’t sell usually I keep um, smash the bad ones into elongated memories and keep um, give them to people and let them keep um. The bad ones I put in rolls and keep um. See MY TREND HERE. For me the value is in my love for the coin. I keep what makes ME happy not what makes the most money for me.
    Now please don’t be offended by this it’s just my way because when I started there wasn’t the internet to sell on or get ripped off on I should say. You just got ripped off at shows and by your local dealers. So I never sold only ever traded. It feels better when you do a bad trade than when you BUY bunk coin.
     
    Last edited: Dec 1, 2017
  19. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I'm far from a beginner, but I collect the way @352sdeer does. I VERY seldom sell anything ... yet. When I retire from active employment, I'll supplement my income by selling some stuff. Pension, Soc Sec, and coin sales.
     
  20. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    Almost forgot that 1970S is a large date. Keep it out and handy when your hunting as a comparison coin when you are looking for small date 1970S coins. It will be obvious when you find a small date you’ll know it.
     
  21. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    You don’t count Kurt. We both started about the same time probably but I’ve always been a Lincoln groper in the dark. You on the other hand are at the top of the pile as far as numismatist go. Us dirty un washed minions exspect you to have plenty of nice stuff we always long to get our hands on. Now to hear you might sell some is both sad and exciting! Keep me in the loop I do 1909 to 1982 copper that’s it. Info for everyone: I know I’m new and you wonder why I’m here so much now. I just retired the beginning of November. I cyber stalked a couple of sites and I picked this one earlier this week. To bad your stuck with me now
     
    Amos 811 likes this.
Draft saved Draft deleted

Share This Page