This raw LowBall 1968-D Kennedy half dollar is auctioning at a crazy price. . .
braddick
Posts: 24,222 ✭✭✭✭✭
I put this on my watch list and, while checking this morning, was a bit surprised at the price (with a few hours to go). I hope the LowBall craze hasn't gone nuts, or I will be pushed out from collecting these (after having done so for over 30 years).
Your thoughts?
AUCTION:
https://www.ebay.com/itm/403334868305?ssPageName=STRK:MEBIDX:IT&_trksid=p2055359.m1431.l2649
peacockcoins
1
Comments
That reverse looks really nice.
Are we in a bubble?
Can’t read date
Wow, that's nuts! I have a couple like that I got from from CRH. Maybe I should take a shot at listing them!
Wow...First of all, I would not be interested in low ball coins.... Though I realize there is a collector segment that seek these. So I assume it can only be those who drive the price so high.... Collectors will collect - and pay the price. Cheers, RickO
Mr Yuk award winner.
I have a Kennedy low ball set.
All are PCGS slabbed coins.
I only buy them at a low price.
I would not buy a raw coin.
Too easy to create.
Wayne
Kennedys are my quest...
The last digit is slightly visible- at least the top half. That, and the fact it's a 40% planchet and the mintmark placement confirms the date.
peacockcoins
I’m a huge lowball fan, but this is flat ridiculous!
Dave
thats insane
I really like my low-ball unslabbed pre 04 Morgans. Too many in the wild waiting to come out to spend a premium for them.
However, since modern Kennedy's hardly circulate, this coin seems to possibly have benefitted from artificial wear. La Verne Cal. Home of the late Don Hauser and Coin Depot. Lot of smart coin guys from around that vicinity.
Maybe now is the time for you to sell.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Would you take some of my lowball offers?
What a bunch of dunces lol.
I call the attack of the end users.
I'm not sure that would earn a PO 01. Someone would be very upset to buy that and get a details grade or a FA 02. Believe it or not, I find it suspicious that it's not slabbed.
So how many years would this 1968 half dollar have to circulate in order to receive this much wear? Silver was already being plucked out of circulation at the time this coin was struck. I’m sorry, but there is no way that this coin circulated in commerce to get this worn. I haven’t received even a post-1971 half dollar in change in ages, and whenever I did it was always a high grade example.
Closed at $294.
peacockcoins
Wow.
There are a lot of raw low balls that I think are ok. Many people don't think they are worth slabbing. You really need to be into low balls to care right now.
The lowball registry set craze has caused the pricing curves to reverse somewhere around AG3 and lower. A low grade (-below VG) is actually quite rare for Kennedy half dollars, but $294?? WOwee! I have never seen a more worn 40% Kennedy half dollar. Personally, I don't see much value in lowball coins. I am glad that the low ball registry exists thou, Some of my coins have gained a lot of value since it began.
Has anyone ever put these lowball coins in a rock tumbler? I'm sure it could be done to create a coin worn that much. I dont have one and I didnt see any videos on YouTube either.
In my opinion, using a rock tumbler or vibratory mill to simulate wear wouldn't be too challenging. Start with an aggressive media (to save time) then move to softer medias. The trick, I believe, is toning/patinating them so they look natural. Notice the staining on the coin in the OP. One advantage is that worn coins can have all kinds of stains and toning (just look at your change). Most experienced numismatists can spot AT on high end coins, but what about the characteristics of AT vs NT on the low grades
I'm not going to be critical if people want to collect low balls, I just think that fraudulent examples exist (especially clad issues) and additional study is needed to determine the characteristics of artificial wear and AT. Just my opinion, as I have no hard data to back it up.
They would probably be fairly bright and shiny after all the tumbling media. Good point!
These get flagged for artificial wear since the rims generally have more wear than the center areas.
SAY IT LOUDER FOR THE PEOPLE IN THE BACK 🏅
peacockcoins
Cropped photos for posterity.
I'm surprised it didn't bring more.
I get that, but when you have a coin that is worth $3 unless it is a genuine PO 01, it's hard to convince people to take that chance. If it sell for $300 raw with all the questions, how much money was the seller leaving on the table if legit? $1000, $2000, more?
Has a (slabbed) PO 01 40% Kennedy ever sold?
Crazy price.
No chance that I would do it.
BHNC #203
Not my lowball area but if you like it go for it. Rather spend that kind of money than $18 million on a 1933 $20 gold piece. But to each his own. If everyone collected the same thing coin shows would be pretty dull
Lafayette Grading Set
Here is one of my lowball Kennedys.
It has a pop of 1 with none in a lower grade.
I paid $9.03 for it including the shipping cost.
My set is currently ranked #3 on active sets.
Wayne
Kennedys are my quest...
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It might have with larger, better photos, IMO.