Hey everyone! I recently stumbled upon an interesting 1956 Lincoln cent that has a noticeable lamination error. After doing some research, I learned that these types of errors can really impact a coin’s value. But I find myself torn about whether I should send it in for grading or just keep it in my collection as is.
From what I’ve gathered, having a professional grade the coin might provide me with a clearer understanding of its value and ensure that the error is documented properly. However, I’m also aware that grading can be an expensive process and not every lamination error coin is necessarily worth it. My example shows some minor wear, but the error itself is prominent. I’m curious to see how others handle similar situations.
So, what do you all think? Is getting a professional grading worth the cost for a lamination error coin, or would you recommend just holding onto it? Have any of you experienced changes in value after grading errors like these? Let’s share some stories and insights!
Great topic, CoinFan123! In my experience, getting lamination errors professionally graded can be quite beneficial. Not only does it add a layer of credibility to your collection, but it can also significantly affect the resale value. For instance, I had a 1944 penny with a lamination error that I initially intended to keep. After sending it to PCGS, it came back graded as MS65, and I was astonished at the difference it made in the marketplace. It sold for 3x what I expected! Here’s what I recommend considering before you send your coin in:
- Assess the coin’s condition. If it has significant wear beyond the error, the grading may not yield a high return.
- Research the specific lamination error type; some have more collectors interested than others.
- Consider your long-term goals for the collection—are you a collector or a trader?
Overall, even if it costs you upfront, the potential value increase can pay off in the long run. Good luck with your 1956 cent!
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Thanks for the advice, CoinExpert99! I appreciate your insights. I’m leaning towards getting it graded now after hearing your story about the penny. I didn’t know it could make such a difference in value!
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Wheaties are my favorite, but I’ve had some experience with lamination errors as well. I had a 1955 cent with a minor error that I thought might be cool to grade, but when I looked at the costs versus potential value, I decided against it. Sometimes, it’s more about what you personally value in your collection. If you love the 1956 specimen, grading might just be worth it to you. Just don’t forget, grading fees can add up quickly!
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I totally agree with you, WheatieLover! Grading isn’t just about monetary value; it can also enhance the enjoyment of your collection. I once got a lamination error coin graded as part of a larger collection, and the whole process made me appreciate it even more! Sometimes the stories behind coins are as valuable as their market price. 
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Lamination errors have always intrigued me! I’ve had quite a few in my collection, and I’ve personally made the decision to grade those that had more prominent errors. It’s definitely a case-by-case basis. You also need to check if the market is even interested in those types of errors. Sometimes a NGC education on rarity can provide clarity.
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Hey, CoinFan123! If you’re worried about grading costs, consider starting with a service that offers a tiered pricing structure. You could send in one or two coins to see how the process goes before diving in with bigger expenditures. Also, joining forums like this helps to get feedback from others who have been through it!
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true that! Market demand fluctuates, so research is key! I have a 1943 copper cent that has a notable lamination error, but I’m still holding off on grading it because the demand isn’t strong right now. My motto? ‘Don’t put good money after bad!’ Still, coins speak, and if it’s telling you to grade, maybe listen. 
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Thanks everyone! I’m feeling more confident about the grading process now. I’ve been doing a bit of research on what to look for in error coins and how the grading affects value. It sounds like a case-to-case basis, but the insights shared here are super helpful. I’ll keep you updated on what I decide!
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