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Would this Indian $2.50 make PO-01?

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    PerryHallPerryHall Posts: 47,534 ✭✭✭✭✭


    << <i>

    << <i>Love it but too many scratches IMO. I think it would get BB'd at least a few times first if you were to get a PO1 out of it. >>



    Indian $2 1/2 and $5 gold coins do not have raised rims like most other coins so there is no real protection for the fields so hairline scratches are to be expected.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    BarbercoinBarbercoin Posts: 1,037 ✭✭✭
    >>Barbercoin: I was also curious about the weight. My scale is only good to 0.1 grams, though. On that scale, this weighs 4.0 grams. Redbook says it should weigh 4.18 grams, so it lost somewhere between 3-6% of its original weight, depending on how accurate my scale is. Maybe David will post an accurate weight when he gets it.<<

    Thanks. I often wondered how much metal wore off during circulation.

    WTB: Barber Quarters XF

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    mr1931Smr1931S Posts: 7,016 ✭✭✭✭✭
    "Barbercoin: I was also curious about the weight. My scale is only good to 0.1 grams, though. On that scale, this weighs 4.0 grams. Redbook says it should weigh 4.18 grams, so it lost somewhere between 3-6% of its original weight, depending on how accurate my scale is. Maybe David will post an accurate weight when he gets it."

    At one time, I thought it might be possible for the home hobbyist, using simple equipment, to help determine authenticity by doing specific gravity testing on pieces of interest. I worked the math out and all but found that even extremely worn coins have not lost all that much of their original weight. The problem here really is that the mint tolerances for minted coins will preclude the hobbyist from getting an accurate determination of a coin's specific gravity. And thats true even if the weight of the coin can be determined to 1/2000 oz was my experience.

    Having said that, mint tolerances for the old gold coins were much tighter than say,for example,silver coins.Still, weight per unit volume,or specific gravity, determination is pretty much out of the realm of the home hobbyist.

    The authenticity question for the coin that is the subject of this thread is very much an open one for me. If one made a mold using a genuine $2 1/2 Indian, used the proper alloy mix, and then using high quality equipment, were to cast a spurious piece, all that would remain to do would be to wear the piece down to the point of its having very little detail remaining. I seriously doubt that any of the grading services would be able to determine authenticity for such an extremely worn piece provided that it was "properly" made.


    The measure of intelligence is the ability to change.
    Albert Einstein (14 March 1879--18 April 1955)

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    BECOKABECOKA Posts: 16,961 ✭✭✭
    Wow, this is a series I collect and I have never seen one this low. The lowest I have seen is about an F15. This one might go P02 but given the uniqueness of the incuse design P01 is not out of the question.

    Thanks for the pic and glad HRH is making you famous. image
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    homerunhallhomerunhall Posts: 2,496 ✭✭✭

    We are also buying all other low grade gold.

    Need two or three examples of each of the eight major 20th century gold types, plus t1 & T2 gold dollars in each of the following grades.

    PO1
    FR02
    AG03
    GD04
    GD06
    VG08
    VG10
    F12
    F15

    Will pay over market value for these coins...and if you wish, put the coins on Photograde Online with credit to your "collection."

    hrh

    email me at dh@collectors.com





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    BarbercoinBarbercoin Posts: 1,037 ✭✭✭
    Mr1874: I appreciate your perspective on the weight issue. That was very interesting and educational for me.

    John

    WTB: Barber Quarters XF

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    ColorfulcoinsColorfulcoins Posts: 3,376 ✭✭✭
    Well folks, here's a real PO01, already PCGS certified $2.50 to compare. This is a 1908.

    image

    Comparing the 2 coins, I'd say the raw coin shown in this post stands a good shot at PO01 based on wear level, don't you?
    Craig
    If I had it my way, stupidity would be painful!
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    Ha sit been sold yet to HRH????

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