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Any Chance I can get this graded BASAL STATE-00

Any Chance I can get this silver dollar graded BASAL STATE-00???

Or are there too many scratches for PCGS to not to body bag it????



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Comments

  • ldhairldhair Posts: 7,353 ✭✭✭✭✭
    Good question.image
    Larry

  • Seriously though, I would expect a certain amount of light scratches from wear on any coin this poor......

    If they do Body Bag the coin, I would expect it to be because they can't indentify what series of Silver dollar it belongs to....
  • ccexccex Posts: 1,188 ✭✭✭
    I thought that William Sheldon's "basal state" grade was what is now called Poor-1; an undamaged coin with only enough details to identify the variety (or date/mintmark where no collectible varieites exist.) I've heard that grades below 1 for undamaged coins are as follows: 0 is identifiable only by type, -1 is identifiable only by denomination, and -2 is identifiable only by metal.

    Any pictures? Here's a dateless Denver Barber Half and a 2 cent piece which I grade 0.
    imageimage

    imageimage



    Incidentally, I study the lower grades enough in the series I collect so that I can distinguish between Poor-1.0, Poor 1.5, Fair 2.0, Fair-2.5, About Good-3.0, 3.3, 3.5, 3.7, Good-4, 5, and 6, Very Good-7 (a grade proposed by Sheldon) as well as VG-8 and 10.
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
  • I would accept a -1....
  • clarkbar04clarkbar04 Posts: 4,982 ✭✭✭✭✭


    << <i>Seriously though, I would expect a certain amount of light scratches from wear on any coin this poor......

    >>



    Errr, is there supposed to be a pic somewhere in your post?
    MS66 taste on an MS63 budget.


  • << <i>

    << <i>Seriously though, I would expect a certain amount of light scratches from wear on any coin this poor......

    >>



    Errr, is there supposed to be a pic somewhere in your post? >>




    Sorry..... I edited it and forgot to add it....

    Mea Culpa.....

    I'll add it now.... Thank You...
  • pictures now added.. .Sorry about that....
  • ccexccex Posts: 1,188 ✭✭✭


    << <i>I would accept a -1.... >>



    Nonsense! My two coins are both textbook examples of Grade 0 coins (indentifiable only by type) with totally obliterated dates and only a hint of a mintmark on the Barber Half.

    The only reason I would accept a -1 from PCGS, if they went so low, is that I have seen ridiculous premiums paid for coins graded by PCGS in the absolute lowest grades they accept. A 1976-D Ty. 2 Ike in a PO-1 PCGS slab brought over $220 on ebay a couple of weeks ago. I doubt that a VG-8 or F-12 PCGS Ike would have sold for much more than $5.

    Sheldon's 1958 proposal that an early Large Cent's value is worth the basal state value times the numerical grade is now seriously out of whack.
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
  • ccexccex Posts: 1,188 ✭✭✭
    Apologies are due. The OP added pictures and I concur that this one deserves to be graded -1, identifiable only by type, and less than basal state.
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor


  • << <i>Apologies are due. The OP added pictures and I concur that this one deserves to be graded -1, identifiable only by type, and less than basal state. >>



    No apologies necessary.... It was my error......




    << <i>"I would not want to join any organization willing to accept people like me as members" -- Groucho Marx >>



    I LOVE your tagline though.... I've used that quote MANY times myself......
  • sinin1sinin1 Posts: 7,500
    no chance for that to make it into PCGS skab

    they need to be able to identify year and mintmark
    plus your slug looks like it could be a blank planchet

    unless you put it in the rock tumbler yourself
  • ccexccex Posts: 1,188 ✭✭✭
    Will PCGS ever recognize grades less than 1? If so, the silver dollar pictured here has a good chance of grading -1, since type is not identifiable and scratches look like they may be due to normal (yet excessive) circulation,
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
  • Cam40Cam40 Posts: 8,146
    i looks like it was helped along with a wire brush to get it all the way to 00
    image
  • lordmarcovanlordmarcovan Posts: 43,893 ✭✭✭✭✭
    Does it (or did it) have a reeded edge? Do you have some idea of its possible type?

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.


  • << <i>Sheldon's 1958 proposal that an early Large Cent's value is worth the basal state value times the numerical grade is now seriously out of whack. >>


    Sheldons Basal Statetimes grade system was seriously out of whack before the 1958 edition was even printed. Sheldon developed that system back in the 40's after observing price relatioships over a period of time. He thought he had discovered an intrinsic value ratio between the different grades. And since he thought the ratio was intrinsic it would reman stable and all you would have to do to adjust for rising prices would be to adjust the Basal value and all the other values would just fall in place. The problem was that what he was really describing were the existing ratios in a stagnent market. Once Early American Cents was published in 1949 it stimulated interest in the seris and more collectors began pursuing the early date cents. And naturally since collectors strive to aquire the finest pieces for their collections that they can, this put more pressure on the higher grades than the lower ones and the ratios began changing. They continued through 1971 trying to adjust the Basal values to make the ratios work again, never seeming to realize that the dynamic state of the market had rendered those old ratios forever worthless. Then the ANA decides to adopt the old ratios for the numbers in their grading scale and stuck everyone with them ever since.
  • flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>Will PCGS ever recognize grades less than 1? >>

    I can't imagine so. To get slabbed, you have to be able to identify date and mm. And if you can do that, you're good enough for a PO-1 at least.
  • I can't see any sign of reeding... .however they could be worn off.....

    I got this coin from a box of coins from my grandfather ( he's been gone since 1981)... very worn and I carried it as a pocket piece for a while ( I thinkk he had done the same also).... ( I should post this in the pocket piece thread)...

    So I'm reasonably sure that nothing had been done to enhance the aging process except for honest wear....

    Whether it started out as a seated, morgan or peace dollar, I don't know.... I would guess Morgan though for various reasons.....

    I would LOVE to get it slabbed as the lowest graded coin in my collection, but I don't know who would do it....

    It can be identified as to denomination, I doubt it is a blank ( there appears to be the shadow of a liberty head (morgan dollar) visible, but that could be my imagination....

    Any suggestions???? PCGS would be FIRST choice, followed by NGC, ANACS, etc.....
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>

    << <i>Sheldon's 1958 proposal that an early Large Cent's value is worth the basal state value times the numerical grade is now seriously out of whack. >>


    Sheldons Basal Statetimes grade system was seriously out of whack before the 1958 edition was even printed. Sheldon developed that system back in the 40's after observing price relatioships over a period of time. He thought he had discovered an intrinsic value ratio between the different grades. And since he thought the ratio was intrinsic it would reman stable and all you would have to do to adjust for rising prices would be to adjust the Basal value and all the other values would just fall in place. >>

    If he were doing it today, we wouldn't be wondering whether an AGE would grade 69 or 70. We'd be wondering whether it would grade MS-6000 or MS-50,000.
  • messydeskmessydesk Posts: 20,318 ✭✭✭✭✭


    << <i>

    << <i>Will PCGS ever recognize grades less than 1? >>

    I can't imagine so. To get slabbed, you have to be able to identify date and mm. And if you can do that, you're good enough for a PO-1 at least. >>


    Not entirely true. You can identify some coins by the edge, including some very early copper (e.g., 1797 "gripped edge" half cent), "experimental edge" 1809 halves, infrequent reeding 1921 Morgans, and perhaps others. So to answer the original poster's question, if there are 157 reeds on your silver dollar, it's a 1921 Morgan. Of course, given the degree of wear on your item, there are probably no reeds on it.


  • << <i> Of course, given the degree of wear on your item, there are probably no reeds on it. >>



    I can't see any .... much too worn.....
  • flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>

    << <i>

    << <i>Will PCGS ever recognize grades less than 1? >>

    I can't imagine so. To get slabbed, you have to be able to identify date and mm. And if you can do that, you're good enough for a PO-1 at least. >>

    Not entirely true. You can identify some coins by the edge, including some very early copper (e.g., 1797 "gripped edge" half cent), "experimental edge" 1809 halves, infrequent reeding 1921 Morgans, and perhaps others. >>

    Indeed, there are other ways of identifying the date and mint than by looking at the date and mm.
  • BlackhawkBlackhawk Posts: 3,899 ✭✭✭
    Here's a draped bust cent...

    image
    image


    Here's a coronet cent...

    image
    image


    I don't think that anyone will grade either of them because a date is not evident.
    "Have a nice day!"
  • The Coronet cent might be slabbed since it can be identified by type.....

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