1988 Uncirculated Penny Roll WORTH$? 0

[JAXDEE6]

1988 Uncirculated Penny Roll WORTH$? Also what is the cost to grade all 50?

Found this straight from the bank last week, most coins are in excellent condition!

*I kept the paper roll just in case*

Thanks,

JAX

Edited March 14, 2023 by JAXDEE6

[NickiO CS]

Hello @JAXDEE6, 

Thank you for reaching out to us. NGC cannot provide a monetary value for your coins. If you choose to submit, you will need to provide a declared value. The value we ask you for is an insurance value, a number you would feel comfortable with in terms of a replacement value if your coin was lost or damaged while with us. We encourage you to be conservative as we do not reimburse you if you over-value your coin. If your coin is grossly undervalued, we reserve the right to change the grading fee accordingly. 

You may want to visit a local NGC Authorized dealer to discuss your coins' potential value. You can find dealers here: NGC | Dealer Locator.

Once you have determined the declared value for your coins, you will be able to choose a grading tier. 1988 pennies valued up to $3000 can be submitted via the Modern grading tier for a fee of $19.00 per coin. You can view all services and fees here: NGC | Services and Fees.

If you have any questions, let us know. 

Thank you.

[Sandon]

   The odds are that the 1988 Lincoln cents in your uncirculated roll have a retail (dealer selling) value of no more than $5 each (MS 65 RD). Pieces worth grading would have to grade a minimum of MS 67 RD, and such pieces are few and far between. In addition to the $19 per coin grading fee, you would also be paying a $10 per order processing fee and shipping and insurance costs both ways.

   Before you think about submitting coins to grading services, you must obtain substantial knowledge about the grading and valuation of coins yourself!  The following topic suggests print and online resources that will help you get started: