What is Poor 1 exactly?

davewang202

Specifically, what would get slabbed by PCGS as Poor 1?

From what I understand, the date pretty much has to be gone, but then PCGS won't slab it because the date and mint mark is no longer there. So it has to be a one year type?

Here's an 187xp. The top crossbar of the "7" is barely visible, and on the reverse, the fletching of the arrow is slanted... So unfortunately it can either be an 1879p or an 1878p third reverse, and there's some rim damage under the date, so I guess this won't get slabbed.




The date for the 1884p is perhaps too strong to get P01?




This one is a good candidate, but then the date is long gone, and no date is visible....



Can someone show me what a (PCGS holdered) P01 actually looks like?

mrpaseo

I LOVE that Peace dollar.

Thanks for sharing,
Ray

braddick

And there lies the paradox.
Your coin must be:
1: Problem Free
2: Have a visible date (unless it is a type coin that doens't need a date to identify).
3: Show a Mint Mark (if indeed it was minted at more than one Mint or the diagnosis doesn't allow for identification without the Mint Mark).
4: Have enough wear so the Graders wouldn't dare call it a FA02.

Just as much as the Graders dislike giving out the 70 grade, they won't the 01 grade.

They're just stingy that way.

airplanenut

<< <i>2: Have a visible date (unless it is a type coin that doens't need a date to identify). >>

Doesn't NGC give a date range if there's no date?

braddick

<< <i>

<< <i>2: Have a visible date (unless it is a type coin that doens't need a date to identify). >>

Doesn't NGC give a date range if there's no date? >>

No. They did so ONCE, on an Ike dollar. R. Montgomery wrote me and stated it was a practice they would not repeat.

Colorfulcoins

Here's my PO01 Morgan for comparison......I actually think its closer to FR02 grade-wise. Also, here's my 1921 Peace $1 in PO01:

nwcs

Maybe you need nic-a-date for that first one!

braddick

Here's a pretty good example of a true blue PO01 (Key Date too!): Even PCGS wouldn't have the courage to make it a FA02...

lava

This thread is going to get me hooked on 001 peace dollars. Sweet,.........uh............ ugly, but sweet.