1944 penny, gradable or not gradable

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waynesonofpeter
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1944 penny, gradable or not gradable

#1 Unread post by waynesonofpeter »

Why is it so shiny? It's 77 years old.
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Re: 1944 penny, gradable or not gradable

#2 Unread post by SensibleSal66 »

It looks to be "cleaned" .
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Re: 1944 penny, gradable or not gradable

#3 Unread post by waynesonofpeter »

I see no indication of cleaning. Here you see grain marks not brush or scratch marks. One of my microscopes can count the hairs in Lincolns nose.( That's a hyperbole.) But then again I am far from an expert. Thanks for the reply.

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Re: 1944 penny, gradable or not gradable

#4 Unread post by Paul »

I see quite a few prime focal disturbances
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Re: 1944 penny, gradable or not gradable

#5 Unread post by Daniel »

I agree, it could have been cleaned but these are also common dates and people put these back by the brilliant uncirculated rolls all the time.

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Re: 1944 penny, gradable or not gradable

#6 Unread post by Earle42 »

Not worth the price of slabbing.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

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Re: 1944 penny, gradable or not gradable

#7 Unread post by waynesonofpeter »

Prime focal disturbances? Such as? Your input may help me in the future while looking at other coins. Thanx.

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Re: 1944 penny, gradable or not gradable

#8 Unread post by Paul »

The "Prime Focal" areas are where your eye travels to 1st when viewing the surface of the coin.

Any contact mark/scuff/surface disturbance, in those areas is considered a more than average negative.
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Re: 1944 penny, gradable or not gradable

#9 Unread post by redhawk16450 »

I wonder why the narrative is always no. Whenever people started to look at and save coins whenever Tha era was or began were they making 1,500 dollars on what they found or thought was interesting? Don't know the exact history of that but I'm sure it wasn't really like that so why now is the narrative money earned over money spent on when it comes to grading coins? Would love to hear the history of coin hunting and if they were making money like today? And why anyone that coin hunts never seems to have a savings or ever has money to spare on getting a few coins graded and that's why it's always almost a no you shouldn't have a coin graded. I spend tens of thousands as a young man at the casino and other places with no return period. Why no gamble and have a few coins graded and maybe see what could be. But I have a savings and some expendable income I'm no bill gates or Amazon owner but I could spend 300 on grading a few coins and not hurt my bottom.line. I say do it if you truly feel, but would love to hear stories of people that first started collecting and or if they were making money or if it was love for the hunt that drove who ever it was that first started collecting or saying this one day might be unique and worth more than it is now. Any stories for people out there there of grandfather's grandfather started saving and collecting coins that they had what are the origins of coin hunting and collecting would to know if money earned over money spent way back when or collecting started if that was the narrative money earned over money spent? Hope this isn't negative just wonder if money was driving people to collect and hunt for oddities like is the narrative of today repeat hope this isn't negative just would like to know

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Re: 1944 penny, gradable or not gradable

#10 Unread post by waynesonofpeter »

When there becomes a market for any object, such as books, stamps, coins, tie clips, book matches...etc. Then you'll find someone willing to buy it. When you get a large group of people collecting the same thing...

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Re: 1944 penny, gradable or not gradable

#11 Unread post by Daniel »

redhawk16450 wrote: Sat Jul 24, 2021 9:45 pm I wonder why the narrative is always no. Whenever people started to look at and save coins whenever Tha era was or began were they making 1,500 dollars on what they found or thought was interesting? Don't know the exact history of that but I'm sure it wasn't really like that so why now is the narrative money earned over money spent on when it comes to grading coins? Would love to hear the history of coin hunting and if they were making money like today? And why anyone that coin hunts never seems to have a savings or ever has money to spare on getting a few coins graded and that's why it's always almost a no you shouldn't have a coin graded. I spend tens of thousands as a young man at the casino and other places with no return period. Why no gamble and have a few coins graded and maybe see what could be. But I have a savings and some expendable income I'm no bill gates or Amazon owner but I could spend 300 on grading a few coins and not hurt my bottom.line. I say do it if you truly feel, but would love to hear stories of people that first started collecting and or if they were making money or if it was love for the hunt that drove who ever it was that first started collecting or saying this one day might be unique and worth more than it is now. Any stories for people out there there of grandfather's grandfather started saving and collecting coins that they had what are the origins of coin hunting and collecting would to know if money earned over money spent way back when or collecting started if that was the narrative money earned over money spent? Hope this isn't negative just wonder if money was driving people to collect and hunt for oddities like is the narrative of today repeat hope this isn't negative just would like to know
The idea here is to learn about coins not take gambling chances on sending them off for grading. I am not teaching gambling in this community. If it's a waste of money then I tell them "NO" don't send them off. I would rather people put that money in buying gold or silver because most roll searchers or coin collectors are NEVER knowledgeable enough in this hobby to play the grading game. At a casino people seem ready to loose but in coins they get emotional and hurt when they don't win.

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Re: 1944 penny, gradable or not gradable

#12 Unread post by DSCoins »

Daniel wrote: Sun Jul 25, 2021 10:30 pm The idea here is to learn about coins not take gambling chances on sending them off for grading. I am not teaching gambling in this community. If it's a waste of money then I tell them "NO" don't send them off. I would rather people put that money in buying gold or silver because most roll searchers or coin collectors are NEVER knowledgeable enough in this hobby to play the grading game. At a casino people seem ready to loose but in coins they get emotional and hurt when they don't win.
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Re: 1944 penny, gradable or not gradable

#13 Unread post by Thatgirl42 »

The idea here is to learn about coins not take gambling chances on sending them off for grading. I am not teaching gambling in this community. If it's a waste of money then I tell them "NO" don't send them off. I would rather people put that money in buying gold or silver because most roll searchers or coin collectors are NEVER knowledgeable enough in this hobby to play the grading game. At a casino people seem ready to loose but in coins they get emotional and hurt when they don't win.
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This response is why this forum is where I come when I have questions. Short , direct and immediately to the point response. What Daniels promoting is education not get rich quick hog wash .

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Re: 1944 penny, gradable or not gradable

#14 Unread post by Earle42 »

why it's always almost a no you shouldn't have a coin graded
Slabbing:
Because the value of most coins found is going to cost more for the owner to submit than the coin is worth w/the difference in the cost being way over the top of what the coin is worth. Multiple of the coin in same condition could be bought for the price of the slabbing.

To a person who enjoys collecting slabs, this is not a big deal to them. But most people coming here are usually asking, more or less, "did I find something valuable?"

Thankfully these people come here and ask instead of adding to the uncountable number of face value (or a little more) coins sitting inside slabs that cost so very much more to get graded and slabbed. Those people are wasting their money when they could use the money for the slabbing to buy other coins (if they are collectors)!

Then there is the misconception that putting a coin in a slab is best (for the history to be preserved) when slabs are definitely not the safest way to store a coin. Slabs are not airtight and so coins can, and will deteriorate in them from things like humidity and anything else that can affect the surface of a coin.

Air Tite (or other) capsules are the only actual airtight and safe ways to preserve a from deterioration from the elements. Humid environments especially will teach this.

Another major thing that needs to be understood is that the internet becoming common is what made slabs appear so often in front of buyers and made slabs more marketable. There is a common misconception about the companies and what they do.

The facts are they are not "the" experts of the hobby. They are a business wanting (like any business) to make profit and keep going.

It is all too easy to find many mistakes and inconsistencies. Read the PDF in my signature (using linked data form the PCGS website so you can see for yourself) and see how PCGS (allegedly the "best" company for some reason), cannot even get a rookie level Kennedy half dollar designation consistently right...and it has cost unwitting collectors who "just trust" these companies "b/c everyone does," thousands of dollars on coins worth very little. Its very, very sad.

You can break a coin out of its slab, send it in to the same company (even), and you are never guaranteed the same grade. Then you can repeat that.

Even watch some of Daniel's videos of the returns he gets form these companies. Her is a guy who lives, eats, drinks, and breathes coins and yet even a dealer with this much experience and knowledge, does not know what grades a company will assign! And if that's not enough, I talked extensively with two dealers I knew for a long time who were former professional graders. They are the ones who told me I needed to do the homework and look into the reality vs. marketing mindset of the grading companies

History:
Back before everyone had access to a microscope and cameras that didn't take expensive film to use, the hobby was not as interested in varieties b/c we did not know they existed to the extent they do.

The world of collecting I knew started with my Grandfather and was all about finding coins in circulation to fill the holes in your album. Everything known to be collected in coins was in the Redbook.

The slabbing companies also killed a lot of the fun b/c after they became popular, each individual coin was no longer historically significant. The focus shifted to only the ones "worthy" of being slabbed. It used to be, before the slabbing era, that each date and MM had its own value based upon mintage and scarcity. A set of circulated Mercury dimes was a set with each coin viewed as having is own unique history and value. Slabbing re-focused the hobby so now a Mercury set is seen as a few slab worthy coin with the majority being "junk silver" ( a term I only ever hear applied to 1964 coins since there were so many when I was a kid).

Sorry for this "book," but the answer is complex...which is why the question gets asked.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

How much squash would a sasquatch squash if a sasquatch would squash squash?

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Re: 1944 penny, gradable or not gradable

#15 Unread post by Earle42 »

Grading the grading companies:
Reality vs. market mindset
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

How much squash would a sasquatch squash if a sasquatch would squash squash?

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