Hey everyone! I hope you all are doing well. So, I had a pretty exciting moment recently when I found a 1950-D Lincoln penny in my change while grabbing a coffee. At first glance, it looks to be in decent shape, but I’m honestly not sure how to evaluate its current value. The coin does have some noticeable wear, but no major scratches or blemishes.
I’ve done a little bit of research on its historical context and realized that the 1950-D is quite common, yet if it’s in the right condition, it can fetch a decent price. I’m curious about how to grade it properly since I’m still learning the ins and outs of numismatics. Would it be worth my time to get it graded by a professional, or should I try to assess it based on what I’ve seen online?
What do you all think? Do you have any tips for determining the coin’s worth? Also, I’m interested in hearing if anyone else has ever found something unique in circulation and how you handled it! Looking forward to your insights!
Congratulations on your find! The 1950-D Lincoln penny is indeed a noteworthy coin, but as you mentioned, it is quite common. To get a good sense of its value, you’ll want to consider a few key factors.
- Grade: Start by grading your coin using the Sheldon scale. A higher grade will significantly impact its value.
- Market trends: Check recent auction results and online listings for similar coins. Websites like PCGS and NGC provide valuable resources and price guides.
- Condition: As you noted, noticeable wear can lower the value. Coins without major scratches or blemishes tend to be more sought after.
If it seems like it might be worth something significant, consider getting it professionally graded. This could provide more insight into its condition and potential value. Happy collecting!
3 Likes
Thanks for the detailed information! I’ll definitely check those sites. I’m curious about the grading—any tips on self-grading without a professional’s help?
1 Like
In terms of grading, I recommend using a magnifying glass to inspect your coin closely. Look for the details in the design, especially on the front (obverse) side where Lincoln’s face is. The Fine (F) grade means some details are visible, while in Uncirculated (MS) grades, the coin’s surface will show no wear. You can find more information about this on the US Mint’s catalog. Just remember, grading can be subjective, so consider getting a second opinion if you’re unsure!
2 Likes
I once found a 1955 doubled die penny in my change! I didn’t think much of it at first, but after learning more about it, I ended up selling it for a nice sum. My biggest piece of advice is to do your homework—sometimes common coins can be sneaky and rare in certain conditions!
4 Likes
Wow, that’s an amazing find! I can see how important it is to keep learning. Did you go through any specific resources to determine its value?
1 Like
Definitely! I used sites like NGC and even found forums helpful for real-time prices. Networking with fellow collectors also gave me valuable insights. It’s great how the community can support each other! Best of luck with your penny!
2 Likes
Why did the coin collector break up with his girlfriend? He found her too common! 
But seriously @CoinEnthusiast88, I think grading properly and researching thoroughly will really help you with that 1950-D!
3 Likes
I suggest taking clear pictures of the coin and posting them here! A lot of us love to give feedback on grade assessments. Just make sure the lighting is good so we can see the details well. Sometimes even the slightest marks can change a coin’s desirability.
2 Likes
That’s a great idea! I’m planning to post pictures soon. Your insights have really helped guide my expectations. Thanks for all the encouragement, everyone!
5 Likes
We’re all here to help! Can’t wait to see those pictures. The community loves being involved and giving their two cents—pun intended! 
3 Likes