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New low ball PCGS Ike dollar for my clad Ike 1$ grading set. Guess the grade. Grade is FA02.

fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
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Comments

  • PO1
  • TreemanTreeman Posts: 419 ✭✭✭
    I agree with P01. What I don't understand is how these modern coins get to such a state. Then again, I guess it's because these things circulated heavily :-)
  • Was that ever fully struck? If the top of BERT was worn down like this, I'd expect the rim above it to be worn down more, too. Any chance this started out as a test to adjust the strike pressure?
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Was that ever fully struck? If the top of BERT was worn down like this, I'd expect the rim above it to be worn down more, too. Any chance this started out as a test to adjust the strike pressure? >>



    Good Question.

    FR-2.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    I forgot to ask about the provenance of this coin since circulated IKEs are a true rarity!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • robkoolrobkool Posts: 5,934 ✭✭✭✭✭
    FR02...
  • I also agree with FR02
    A lie told often enough becomes the truth. ~Vladimir Lenin
  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    Poor-01
    When in doubt, don't.
  • Did you purchase it like that or did you carry it with you to wear it down to that level?
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    Got to be a 1.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!


  • << <i>I agree with P01. What I don't understand is how these modern coins get to such a state. Then again, I guess it's because these things circulated heavily :-) >>



    These circulated a lot in casinos, that's the only way I can think that it got to this state.
  • pocketpiececommemspocketpiececommems Posts: 6,051 ✭✭✭✭✭
    Should be PO-01. But it is probably graded FR02. How did it get this way? It's not from commerce circulation wear. Someone carried it for 30+ years. They saw it everyday and they can probably tell you where they got it and when they put it in their pocket.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>Should be PO-01. But it is probably graded FR02. How did it get this way? It's not from commerce circulation wear. Someone carried it for 30+ years. They saw it everyday and they can probably tell you where they got it and when they put it in their pocket. >>




    for reference to see how a coin wears down and what i think is a natural
    case of circulation wear.
    image
    image
  • STONESTONE Posts: 15,275
    image
  • sinin1sinin1 Posts: 7,500
    genuine


    did that one do time cycling in a slot machine

    or a tumbler?
  • pocketpiececommemspocketpiececommems Posts: 6,051 ✭✭✭✭✭
    If it did time in a slot machine the reeded edge would be gone and there would be tons of scratches all over the coin.
  • PCcoinsPCcoins Posts: 3,354 ✭✭✭
    I don't understand who would pay the money to grade something like this? Why not purchase a GEM coin for around the same price... image
    "It is what it is."
  • commoncents05commoncents05 Posts: 10,096 ✭✭✭
    PO-2.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com


  • << <i>I don't understand who would pay the money to grade something like this? Why not purchase a GEM coin for around the same price... image >>



    as stated - grading set.
  • rooksmithrooksmith Posts: 1,089 ✭✭✭✭
    Someone with a grinder was having fun at your expense.

    Even the most circulated IKES of all time arent that far gone.
    “When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
  • Halfhunter06Halfhunter06 Posts: 1,332 ✭✭✭
    P01
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    And the grade is....
    image
  • If this was artificially worn would PCGS bag it the same as cleaned/whizzed/AT? It would be the same thing to me.
    "One of the advantages of being disorderly is that one is constantly making new discoveries" -A.A. Milne
  • rooksmithrooksmith Posts: 1,089 ✭✭✭✭
    It is nice to know that PCGS thinks this coin is worth grading (and that will be $15 please).
    “When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>It is nice to know that PCGS thinks this coin is worth grading (and that will be $15 please). >>

    If ignorance is bliss, rooksmith. I guess you are one happy guy.image
  • dohdoh Posts: 6,457 ✭✭✭
    How ON EARTH isn't that a P-01???? I don't think they get much more worn and have any remnants of a date.

    Positive BST transactions with: too many names to list! 36 at last count.
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    Clearly overgraded!


    Buyer and seller of vintage coin boards!
  • ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>I don't understand who would pay the money to grade something like this? Why not purchase a GEM coin for around the same price... image >>



    Your answer is right here. Read carefully.






    Buyer and seller of vintage coin boards!
  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>If this was artificially worn would PCGS bag it the same as cleaned/whizzed/AT? It would be the same thing to me. >>



    In this case it would be considered altered surfaces. They do look for signs that the coin was artificially worn.


  • << <i>PO-2.

    -Paul >>



    that a new grade?


    image
    imageDo not taunt Happy Fun Ball image
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Someone with a grinder was having fun at your expense.

    Even the most circulated IKES of all time arent that far gone. >>



    This is simply not true! Braddick shows a couple here and grinder marks on these hard coins would be easily detectable.

    Many folks carried these as pocket pieces for many, many decades.

    Getting them to let go of them is the real trick. image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • LeeBoneLeeBone Posts: 4,610 ✭✭✭✭✭
    Ikes were hardly ever used in circilation, that wear has got to be from a pocket piece.
  • TreemanTreeman Posts: 419 ✭✭✭
    I do tend to wonder what kind of pockets these people have... It's weird that a "pocket piece" will wear that much, and I find 1965 quarters that have been (most probably) in circulation since new, and they aren't worn anywhere close to this. The Clads don't seem to wear as fast as the old silver coins. Then again, I guess "pocket piece" coins would be artifial wear anyway, since they didn't actually circulate. I guess the artificial wear/natural wear thing is kind of like the AT/NT thing, if it gets into a slab it becomes legit.
  • TreemanTreeman Posts: 419 ✭✭✭
    "If ignorance is bliss, rooksmith. I guess you are one happy guy. "

    Forgot to mention, I must be a very happy guy, 'cause I agree with rooksmith! :-)

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