How do spots on a lincoln cent effect lincoln penny?

Discussion in 'What's it Worth' started by Jmann3030, Nov 27, 2021.

  1. Jmann3030

    Jmann3030 New Member

    Just wondering how much these spots will effect grade of lincoln pennies.
     

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  3. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    They are present on almost all of the shield cents to some degree
    Even high grade examples have them.
    It really depends on how distracting they are.
    The right kind of luster has the ability to hide them though.
    upload_2021-11-27_22-20-5.jpeg

    upload_2021-11-27_22-16-13.jpeg
     
    Randy Abercrombie likes this.
  4. baseball21

    baseball21 Well-Known Member

    Those spots will drop the grade significantly especially since it's am ultra modern.
     
    Inspector43 likes this.
  5. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    You want to send it for grading?
    Forget it. You can purchase one already slabbed and graded.

    IMO.. Yours will grade less than MS66 o_O
    Here's one on eBay..
    Capture+_2021-11-28-07-19-15.png
     
  6. Insider

    Insider Talent on loan from...

    I try not to grade any actual Mint State Red Lincoln or "vintage" Lincolns with spots considered to be "Unc.:vomit: Enough" higher than MS-64. I'm often over ruled on this on the current issues because many came that way from the mint. I say so-what! If a collector wishes to purchase a spotted coin grading MS-66 or 67, I still say so what.
     
    Inspector43 likes this.
  7. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I can honestly say that I haven't ever seen a Bus strike with out them to one degree or another. "Technically" I agree with you, they are distracting and shouldn't grade Gem. on a grading scale though they have to be over looked. A grading curve that is set up the way it is can't survive if the highest grade is a 64.
     
  8. fretboard

    fretboard Defender of Old Coinage!

    Save your money for something you truly need and move onward to the next coin! :D
     
  9. Insider

    Insider Talent on loan from...

    Coins exist w/o spots so the grading scale is not affected. Dumb children must be graded on a curve so they will feel smart. Coins have no feelings. :D
     
  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I have only found that those exist in some mint sets, and not even all of them. A spotless BS shield cent is rare.
    @BadThad
     
  11. Insider

    Insider Talent on loan from...

    Pickin and Grinin, posted: "I have only found that those exist in some mint sets, and not even all of them. A spotless BS shield cent is rare."

    I prefer uncommon.
     
    BadThad likes this.
  12. John Burgess

    John Burgess Well-Known Member

    yeah, I'd say buy a mint set if you are looking for a good modern coin of any type, it's where the best examples come from, the exceptions being the 2005-2010 mint sets which had a satin finish, in that case, you'd need to find the best you could find from circulation, the mint set ones are graded either as "SP' for specimen or "SMS", or have a "satin finish" qualifier on the label to tell them apart when slabbed so people didn't get scammed on high graded satin finish from those years.

    Anyways, the best coins are found in the mint sets usually, from bank rolls, there's just not many diamonds out there.
     
  13. BadThad

    BadThad Calibrated for Lincolns

    Since 2009 the mint has had issues with black water spots. In my experience, the slabbed coins are given bumps for having "less spots". It's fairly tough to find shield cents without a lot of hits. When you do find one - it seems to have a lot of spotting. For me as a collector, it was an exercise in futility trying to find examples that I liked. I have basically stopped collecting anything since 2009 because of these spots. I just don't like 'em!
     
    Pickin and Grinin likes this.
  14. BadThad

    BadThad Calibrated for Lincolns

    I took this coin straight from a fresh roll. There wasn't one coin worth keeping out of 30 rolls I cracked. Thanks Denver!

    2009Lincoln_spots.jpg 2009Lincoln_spots2.jpg
     
  15. eddiespin

    eddiespin Fast Eddie

    There is no mechanistic formula like count the spots and divide by 15 but they will affect the grade.
     
  16. Insider

    Insider Talent on loan from...

    I like to treat spots as a little less damaging than a shallow mark of the same size and location.
     
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