low ball coins

PTVETTER

I just purchased two coins
1) a morgan dollar I have never seen one this worn
2) a walking liberty half

mbbiker

Umm congrats? They slabbed po1 or just raw. Sounds like a good start of a grading set though.

PTVETTER

they are raw

Can't believe I bought them!

coinwarrior

got any pictures of your new treasure?

PTVETTER

no camera and a scan would not pick up anything onther than a round object I think!

JamesMurray

Congrats on those , these low ball coins can be surprising , its either that or ebayers are surprising.I bought a piece of junk a few weeks back , maybe a month.I was so disappointed with it , i couldnt put it in my collection so it laid around with a few other junk purchases. Id paid next to nowt for them.
Fast forward to today and im currently at 700% profit on it , 11 bids , i dont understand it as in my description i all but called it a piece of cr@p , very clear pictures too.

Elcontador

You can pick up some common as dirt attractive Unc. coins for not a great deal of money, such as late date FB Mercs, and an MS 65 38 D Buffalo Nickel. I imagine an MS 65 War Nickel is also cheap, though I don't collect them.

You can also get some early date circ. Lincoln cents from branch mints that have lots of history, or late date attractive MS 65 BN IHCs, or late date Walkers in MS 65 without breaking the bank as well. Add an Unc. roll of 56 D Lincolns to the list as well.

DennisH

Does the Morgan have a date that you can be certain of?
Does it have a mintmark that you can be certain of?
Or, can you be certain it never had a mintmark?

These are three crucial questions about lowball coins that many people don't fully grasp. Unless you can answer "yes" to all three questions, or there is a unique design element that says it MUST be a specific date+mintmark, then a coin won't be graded as Poor-01 by a grading service.

GeorgeKellogg

I once bought a low ball coin, a Dahlonega half eagle (1842-D Small Date), primarily because it was the lowest graded Dahlonega coin that I'd ever seen. Certified as AG3 by PCGS, the coin was otherwise "nice for grade," with original, problem-free surfaces. I felt that the coin would be useful in the future, to illustrate how much honest wear that a Dahlonega gold piece could possess.

PTVETTER

I am certain it is a morgan
No date or mint mark can be seen worn away
so what you are saying is it can't be graded and I agree with you!

ChangeInHistory

The Mad one and several others have done well with low-ball coins.

braddick

<< <i>Does the Morgan have a date that you can be certain of?
Does it have a mintmark that you can be certain of?
Or, can you be certain it never had a mintmark?

These are three crucial questions about lowball coins that many people don't fully grasp. Unless you can answer "yes" to all three questions, or there is a unique design element that says it MUST be a specific date+mintmark, then a coin won't be graded as Poor-01 by a grading service. >>



I have an NGC graded PO1 Ike without a date. The insert dates the coin, "1971-1978". Shall I post a photo for you?

rec78

<< <i>I have an NGC graded PO1 Ike without a date. The insert dates the coin, "1971-1978". Shall I post a photo for you? >>



Sure-why not?


Many years ago I had an 1893-S Morgan dollar that you could read the date and the mm and everything else was worn off. Wish I'd of kept it. It would be a PO1 for sure. They didn't have third party grading back then or registry coins.

Bob

Myqqy

This thread needs pictures in a really, really bad way. I WANT PICS OF WORN DISCS!!!

fivecents

Here is my OGH PO01: