Quite the premium for a PO-01 1857 SLQ!

Comments

• Billet7 Posts: 4,923 ✭✭✭

  January 18, 2012 1:58AM

  Crazy, especially considering seated quarters are cake to get into a PO1 holder, especially if you're looking at the "with rays" 1853, you don't even need to see a date to identify it. That's the challenge, identifying one that's low enough to grade PO1, but high enough to identify...not hard in the seated quarter series.
  
  
  If we were talking a steel cent, or a modern coin, this would be a STEAL at the price.

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• mingot Posts: 1,807 ✭✭✭

  January 18, 2012 1:59AM

  crazy.
  
  and i really hate to criticize what other people collect, but ... crazy.

  Sell me a coin or three!

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• Billet7 Posts: 4,923 ✭✭✭

  January 18, 2012 2:00AM

  I'm just saying, if you're willing to submit your own coins to PCGS, and spend some time looking on ebay, you can save about $140 off the sticker price!

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• Bochiman Posts: 25,556 ✭✭✭✭✭

  January 18, 2012 2:04AM

  
  
  << <i>I'm just saying, if you're willing to submit your own coins to PCGS, and spend some time looking on ebay, you can save about $140 off the sticker price! >>
  
  
  
  If it's so easy, sounds like a nice money making opportunity
  (I, for one, don't think it is as easy as it sounds....nor do I play the lowball game)

  I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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• Lakesammman Posts: 17,460 ✭✭✭✭✭

  January 18, 2012 2:15AM

  Just found a "Low ball" 2011-S First Strike MS68 with probable thread "strike through" on obv - $1000!!!

  "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.

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• Billet7 Posts: 4,923 ✭✭✭

  January 18, 2012 2:27AM

  
  
  << <i>
  
  << <i>I'm just saying, if you're willing to submit your own coins to PCGS, and spend some time looking on ebay, you can save about $140 off the sticker price! >>
  
  
  
  If it's so easy, sounds like a nice money making opportunity
  (I, for one, don't think it is as easy as it sounds....nor do I play the lowball game) >>
  
  
  
  
  I've done it a number of times with bust and seated items. They are some of the easiest ones to do I think. The more modern, the tougher it is...in my experience. (Perhaps barber quarters would be an exception, they got REALLY worn.)

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• ziggy29 Posts: 18,668 ✭✭✭

  January 18, 2012 2:33AM

  This is what I really didn't like about this set -- it totally changes the market so that lower grades can be worth more than higher grades and might give some people an excuse to try to "wear down" a higher grade coin into a PO-1. (I know that's easier said than done but some people will try, and ruin coins in the process.)

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• Billet7 Posts: 4,923 ✭✭✭

  January 18, 2012 2:35AM

  I think the coin in the listing is actually an FA2, the submitter got lucky! (If such can be said.)
  
  You see the same amount of wear on this coin: 1840-O Bottom middle coin. It's an 1840-O without drapery, we know this even if you can't make out the "O" because they didn't make an 1840 p no-drapery. This coin should be a PO-1, or an FA-2. I figure half the time you will get the low grade.
  
  I only spent two minutes looking! Not too difficult. Maybe I should open a "Lowball" store, if these really sell for $175 there's probably some money there.

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• VMRCC Posts: 79

  January 18, 2012 5:25AM

  
  
  << <i>I think the coin in the listing is actually an FA2 >>
  
  
  
  
  Agreed.

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• Manorcourtman Posts: 8,191 ✭✭✭✭✭

  January 18, 2012 5:31AM

  I've sold two PO-1 Seated quarters in the past year or so. Both sold no reserve on eBay for around $60-70 iirc. This dealer is just looking for a sucker and won't sell that coin anytime soon. PO collectors are crazy, not stupid!

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• Justlooking Posts: 2,895 ✭

  January 18, 2012 9:43AM

  I've seen the word "lowball" in lots of ebay descriptions. They're cool, and they're collected.

  Let's try not to get upset.

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• LanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

  January 18, 2012 9:48AM

  .
  
  
  << <i> PO collectors are crazy, not stupid! >>
  
  
  
  
  .

  <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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