Who likes lowball coins?
Yorkshireman
Posts: 4,583 ✭✭✭✭✭
Anybody working (or want to start) a lowball Walking Liberty half set?
I may have just the thing! I have a complete raw set except for the 1921-D in a Dansco album.
The early ones are very low grade. They could fit nicely in a lowball set. Sorry, no photos yet.
I know this is not BST. (I have no prices), but PM me for more information.
Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
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Comments
Hey! Not all of us can be poor indigent homeless and pitiful collectors.
Funny, given recent threads!
Thanks. I was worried that it wou
ld just fly over.
That misplaced smiley could start something.
A few collectors for a few billion coins.
Sorry, no. I avoid them, unless you consider my collection "low end" when you compare it to Pogue and the like.
I have a small lowball set that needs a PO01 capped bust half dollar...but not the $1,450 one on eBay!
Buying lowball coins are a mistake. They seem to be a hyped collectible that was promoted on this forum. In a few years they hype will have worn off and the promoters will have exited.
As an investment maybe, but I have a type set in a Dansco Album. They are lowball coins bought at low prices. I collect what I like.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
As ajaan indicated, the price paid matters. For example, if you buy lowball coins at spot prices, it's tough to really be a mistake. Buying lowballs at highly elevated prices could be a mistake in relation to future value, but that's a totally different statement.
"Lowball" coins are not interesting to me in the slightest. They are worn slugs. I know some collectors like them, and in rare cases they can have some appeal, but I like some meat on my bones. I really cannot collect coins in any grade below Fine. I have worked on fine sets before, but then along comes a VF and and feel I need VF instead of fine. Next comes the XF coin and lower Fine and VF grades no longer cut it. And on it goes.
I like them if they're coins that really didn't circulate much and as such are unusual.
For example, a FR02 clad Kennedy or Ike, or SBA....etc.
A FR02/PO01 Barber would be expected and would not interest me, but everyone has their interests and I would not want to urinate on anyone's parade of collecting interests.
I personally don't understand the allure of lowball sets, but I know there is interest out there. Hopefully some pictures will be forthcoming!
I find them a curiosity seemingly native to this forum. I would never spend money having them graded nor purchase them.
Applying $9 in eBay bucks I got a 2017 PCGS 70 ASE for $25 - CW Trends $75. No submissions on lowball P01 material for me.
Every now and then I do appreciate a nice well worn coin. Like it to be at least a AG3 or G4 to see most discernible details.
I'm not working on a lowball WLH set but I do like lowball coins.
This isn't mine but it's an amazing walk through history:
It's in my 7070, even though there's not a space for it.
I have never understood the interest in lowball coins.... I do think it is a temporary thing... in numismatics, temporary could last for 15 years...
... Personally, I would not purchase one, unless it came with a group of melt coins....even then, if given the option, I would take that one out of the group. Future losers... Cheers, RickO
f the group. Future losers... Cheers, RickO
hey ricko did you get up on the wrong side of the bed today, to use "losers"?
to post such terms is totally inappropriate in these forums.
One can disagree with collecting lowball coins but they & such coins are NOT losers.
To each their own with coin collecting, but I find little appeal in lowball coins other than the piece here or there that actually circulated from a series not known for much circulation.
In honor of the memory of Cpl. Michael E. Thompson
My biggest concern with lowballs is how easy they would be to counterfeit. Many mint-state counterfeits are already dangerously close to the real thing. Artificial wear can eliminate all diagnostics.
That being said, I do enjoy looking at them and thinking how they could get to that state with natural wear.
@KollectorKing ..... I said "Future losers"....That means that at some point in the future they will be worth much less than now, during the present collector fever. You have no right not to be offended. Cheers, RickO
lol the point of my post is that l o s e r s should NOT be used period whether past present or future.
eom.
I like very old and rare coins in any condition including poor 1.
No interest in common coins, especially those with men on them in Fancy grades like MS70 and Fair or Poor.
Not a registry participant at all but do respect those that build any challenging set including loball and everyman
Liberty: Parent of Science & Industry
@KollectorKing .... Then you are free not to use the term. You are not free to dictate my - or anyone else's - use of the term. Bless your heart.... Cheers, RickO
Won this raw on eBay for $19. The thrill is in the hunt.
My Adolph A. Weinman signature
Lowballs lead to highballs. Why dealers drink.
I started a firestorm here.
I should have used the term "lowball" because they are not "1's".
4,6,8,10 maybe , but not 1.
They will be for sale soon, as soon as I can figure prices.
I collect lowball PCGS gold. Very challenging, and a ton of fun.
My one piece of advice would be to not overpay. They are out there...just enjoy the hunt, and when you find a nice original piece, pounce!
Dave
I am a seller, not a buyer.
I have started a lowball collection with a XF45 1965 Washington quarter and a VG8 Indian Head cent. The future is bright!
Not if they are melt priced.
A true bargain. P-01 slabbed! Now find the rest of the set!
Though I can appreciate the history of a heavily worn coin, and even assembling a set with various degrees of circulation represented, In assembly of any set, I always try to get the highest grade I can afford.
I have some pretty heavily worn pieces in some of my sets, but they’re fair game for replacing/upgrades.
If others are into it and having fun, then I’m all for it!
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
I never understood the appeal of lowball (P01) coins. That said, I will collect Large Cents in AG3 to G6 condition simply because of the rarity and price of certain pieces. I once considered a 1793 Chain Cent that had the date worn off, only a faint silhouette of Liberty, and about 3 "links" of the chain visible. You could definitely tell what it was, and it was still over $1000... I should have pulled the trigger! The only real lowball I have currently is an 1831 LC at G5, but it's an R4 and it came with a Grellman attribution card so it had something else going for it...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Nonsense! The appeal of old worn coins will always exist in this hobby. It harkens back to collecting as kids looking for those old worn coins in change. Those old coins your grandmother saved from circulation such as a Columbian half or an F02 1853 arrows and rays quarter because she thought they might be valuable. Or the corroded coins the other grandparents dug up in their garden like a Poor-01 Mexican Real a hundred years ago. They have something special to them that drew many of us into collecting years ago.
It's one of the reasons I love this hobby. Collect what speaks to you. Just don't pay crazy money for them unless you want to.
I like them if they're original, interesting and the price is right. I don't overpay for them or chase registry sets...
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Click on this link to see my ebay listings.
I like low ball coins.
I do not pursue them but when they show up and are reasonably priced, I will bid or purchase them.
Wayne
Kennedys are my quest...
I have a few, but they're mostly raw except for this one:
Here's my favorite raw one:
I like them in gold.
Buying a 1933 $20 gold piece would be a mistake in my book. You buy what makes you happy and lowball gold and classic commems makes me happy 😃.
Lafayette Grading Set
Considering this was posted 4 years ago and seemingly interest in lowballs has increased, this prediction was incorrect.
How many "lowball" coins actually bring a premium? How many collectors have wasted money buying "lowball" material only to find out it wasn't "lowball" enough for the "market" to care about it?
What is considered "lowball enough". AU58 and below?
THIS IS A 4 YEAR OLD THREAD.
It's obviously not possible to count the literal number of lowball coins that bring a premium. Though as an example, I would say, it is likely that for most all coins/series a PO1 will sell for more than a FR02.
And your second statement is of course true, but true for any area of collecting. Their "rare" coin wasn't "rare" enough for the market to care about it. Or their "good condition" coin was in good enough condition for the market to care about. This potential problem isn't limited to one particular aspect or niche of collecting.
There are no difficulties in finding sellers willing to allow buyers to over pay for any type of material. You can always get buried in a coin.
Yes, and interesting to see the perspectives don't seem to have changed much.
I can settle for XF but a coin that is missing a lot of detail holds no attraction for me. Even if it's a rare coin if I can't see details I'm not buying just to say I have it.