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P001 grades?

Whats the attraction for these low ballers?
I know from some of the posts here there seems
to be some kind of a following for these.
I have a 1883 lib. nickel that I think would have a shot at 1.
Altho it would be a pop 1 according to our hosts pop report it hardly seems worth the effort.

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    BaronVonBaughBaronVonBaugh Posts: 1,839 ✭✭✭✭
    If there is a lowball registry set that it fits in then there may be people that will pay decent money for it.
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    ms70ms70 Posts: 13,958 ✭✭✭✭✭
    There are a few people that seem to have fun by "making" P01 grades on moderns by accelerated wear. I really don't understand how
    that fits into coin collecting.
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    SeattleSlammerSeattleSlammer Posts: 10,125 ✭✭✭✭✭
    The real mystery to me is PO01 collectors that like them to also have CAC stickers....thereby attesting that the coin is a strong PO01....if you really subscribe to the allure of worst-graded, then you should want your PO01 coins to get denied by CAC !!
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    ms70ms70 Posts: 13,958 ✭✭✭✭✭
    You're right. So they need to resubmit them for failure.
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    RampageRampage Posts: 9,678 ✭✭✭✭✭
    Little to no interest for me on that grade, unless it is a desirable coin.
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    astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>The real mystery to me is PO01 collectors that like them to also have CAC stickers....thereby attesting that the coin is a strong PO01....if you really subscribe to the allure of worst-graded, then you should want your PO01 coins to get denied by CAC !! >>

    No doubt ... the worst possible outcome is a gold CAC sticker! I thought it was a PO-01, but dang ... it's a lock AG-3!
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    lasvegasteddylasvegasteddy Posts: 10,492 ✭✭✭
    strange corner of the hobby
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


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    BaronVonBaughBaronVonBaugh Posts: 1,839 ✭✭✭✭


    << <i>

    << <i>The real mystery to me is PO01 collectors that like them to also have CAC stickers....thereby attesting that the coin is a strong PO01....if you really subscribe to the allure of worst-graded, then you should want your PO01 coins to get denied by CAC !! >>

    No doubt ... the worst possible outcome is a gold CAC sticker! I thought it was a PO-01, but dang ... it's a lock AG-3! >>



    If you get a gold CAC sticker on your PO01 you have to remove that!

    The only PO01 I would be interested in would be a nice worn no corrosion chain cent.

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    DavideoDavideo Posts: 1,364 ✭✭✭✭
    Does anyone have a picture of a PO01 with a CAC?

    I collect lowballs, but nearly exclusively raw.
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    Check this set out, it has at least 70% of the PO01s CAC'd. MWH

    http://www.pcgs.com/setregistry/alltimeset.aspx?s=82663
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    There's a classic gold lowball set ATS IIRC. The collection is quite beautiful IMO.

    Just think of the stories the coins could tell.
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    BillJonesBillJones Posts: 35,866 ✭✭✭✭✭
    If I cannot afford anything better than VG, and most of the time VF is the low grade for me, you can imagine what I think of a Poor-01.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    DavideoDavideo Posts: 1,364 ✭✭✭✭


    << <i>Check this set out, it has at least 70% of the PO01s CAC'd. MWH

    http://www.pcgs.com/setregistry/alltimeset.aspx?s=82663 >>



    Thanks. That's pretty amusing to me.
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    LanLordLanLord Posts: 11,754 ✭✭✭✭✭


    << <i>If I cannot afford anything better than VG, and most of the time VF is the low grade for me, you can imagine what I think of a Poor-01. >>

    BillJones speaks wisely here.

    I bought one g4 graded coin. A 1901-s quarter. Although, I'd be hard pressed to afford much more than that, every time I look at it it reminds me why I won't buy less than a F+ again, and usually much higher.
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    mr1931Smr1931S Posts: 7,091 ✭✭✭✭✭
    What's the attraction for these lowballers?

    The P01 slab collector can keep them in the home 24/7 with little risk of someone stealing them.The collector's 8-track audio tape collection would be more of a target for a burglar or robber.Advice is to always,repeat,always have a few 8-tracks hanging out in plain view in the vicinity of the P01 slab cluster(s).

    “We are shaped by our thoughts; we become what we think. When the mind is pure, joy follows like a shadow that never leaves.” — Gautama Buddha

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    MadMartyMadMarty Posts: 16,697 ✭✭✭


    << <i>Whats the attraction for these low ballers? >>



    Everyone thinks a PO01 is sooooo easy to find, they are not!! A while back I started and held the #1 lowball Morgan spot for a bit. Finding a PO01 is like finding a MS70. They are out there but they take a lot of time to find!! What got me hook, the thrill of the hunt!! Most common lowballs can be bought for melt (when I did my set that was about $10 each), the keys are a lot less also. I really enjoyed looking through the melt buckets for my lowballs.
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

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    BryceMBryceM Posts: 11,937 ✭✭✭✭✭
    To each his own.

    My interest in owning a PO01 coin is only to have it for my Peace Dollar grading set:

    image
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    MadMartyMadMarty Posts: 16,697 ✭✭✭


    << <i>To each his own.

    My interest in owning a PO1 coin is only to have it for my Peace Dollar grading set. >>



    I had a few of those as well!!! The 21 PO01 was stunning!!! image
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

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    luckybucksluckybucks Posts: 1,318 ✭✭✭


    << <i>To each his own.

    My interest in owning a PO01 coin is only to have it for my Peace Dollar grading set:

    image >>



    Beautiful coin !!!!

    I personally do not collect low grades, but undestand the allure to them. It is much tougher to find a PROBLEM FREE coin in poor condition than it is to find many of the uncirculated grades.

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