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Coin and Paper Money Collecting/1960 US lincoln memorial small date penny
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Question
QUESTION:
Can you tell me how much this would be worth for one penny?
ANSWER: Hi Marcy,
In Mint condition, a 1960 Small Date Cent is worth about $2
In lower grades, most collectors will pass on purchasing one since mint coins are so affordable
Regards
Joe Hylas
www.AllCoins.US
Omega Precious Metals, Inc
---------- FOLLOW-UP ----------
QUESTION: EVEN IF IT WAS UNCIRCULATED?
Hi Marcy,
Uncirculated is another way of saying mint state. Coins are graded numerically from 0-70 with 70 being the perfect coin. Mints state (uncirculated) ranges from MS-60 to MS-70
An MS-63 coin is worth $2 however, if you coin is MS-66 or higher, it is certainly worth more but the coin would have to be certified at such a lofty grade by either PCGS or NGC to warrant a high price.
I hoped this clarified things for you.
Regards
Joe Hylas
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Answers by Expert:
Joe Hylas
Expertise
Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.
Experience
Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US
Organizations
PCGS, NGC, Rotary
Publications
Physician's Money Digest
Education/Credentials
Bachelor's Degree in Business Administration
Awards and Honors
Paul Harris Fellow
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