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Troy ounces weigh about 2 grams more than the standard ounce. CoinTrackers has built a tool that will let you know if your coin is silver or not. The tool is called Is My Coin Silver? Coins worth more to a collectors may be a better long term investment.
If the metal prices drop you will still have a coin that a numismatic would want to buy. Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.
Wear - removal of metal - is not indicated by toning. First is the bright luster cent, very little toning has occurred. Moderate toning is beginning to form on the high points of the second example. A mostly brown color is displayed to the far-right coin. Looking closely at all examples, Lincoln's jaw line and cheek are without wear. Mint state - uncirculated cents come in a complete range of toning.
Collectors place a premium on eye appeal as to the color and amount of toning. Pleasing bright luster is valued high and toning either enhances or detracts. The central coin is notable by the evenly distributed colors. Generally, an uncirculated wheat cent toned brown is lower in value. Extremely Fine Grade: After a coin is used for a short time a small amount of metal is worn away defining an extremely fine grade wheat cent.
Light wear seen on the tops of design elements identifies the grade. Lincoln's cheek and jaw remain well detailed and rounded. Both remain bold. A clear separation from the ear is seen with flatness limited to just the uppermost areas. Extremely fine grade wheat pennies are sought by collectors and are a nice affordable collection.
This example is notable for mark free surfaces. Heavy nicks are absent giving a crisp look to the coin. Average Circulated Condition: Starting in the mid 's through the end of the wheat series in , circulated pennies worn below the extremely fine grade are considered average circulated quality. These are abundant and form a base value to all wheat cents. A good indication of moderated wear is the flat and level surface now displayed along the jaw and cheek. These areas were ounce rounded and high relief.
Lincoln's temple area now connects with his hair and is flattened, confirming an average quality coin. Among these base value cents a further separation is distracting marks and dark, uneven colors. A warm brown surface with few marks is preferred.
Video Grading Lincoln Wheat Pennies Detecting wear and condition by examining all parts of the coin's surface confirms a grade. As values climb higher many additional factors are used to decide the grade and worth. Grading Lincoln Wheat Pennies covers the grading process in more detail. Additional images and descriptions identify subtle points to grading.
A noticeable difference is often the deciding factor between two coins and their appeal to a collector. A well struck cent displays crisp details of Lincoln's portrait, bold lettering and date. Latter year wheat cents, through , are abundant and any edge in appeal improves marketability. Circulated - Extremely Fine condition examples with a strong strike form a quality collection.
Comparing and judging original depth of strike on the example S pennies identifies the higher appeal coin. Overall, both coins are close in technical grade when judging wear. The visual difference is due to a weaker strike. A softer, less defined amount of detail was struck into one coin. Shallow depth in profile of Lincoln's hair loses detail quickly.
In a more protected area, a less refined bow-tie is noted on the weak strike cent. Crisp detail to the tie on the well struck cent shows a defined central knot and ribbon on each side. Confirming a higher quality is the raised rim on the well struck penny.
Lettering is clearly separated from the rim and sits flat on the field. Contrast the shallow rim and rolled appearance into the lettering of the softly struck example.
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