This P01 deserves a plus or a gold sticker

Barberian · February 17, 2012 6:12PM

$250??!!! If I'm going to pay a $200 premium for a low ball coin, it needs to be a lot more worn than that. Oh, the craziness of low ball coins!

1976-CC P01

rec78 · February 17, 2012 6:38PM

<< $250??!!! If I'm going to pay a $200 premium for a low ball coin, it needs to be a lot more worn than that. Oh, the craziness of low ball coins!

1976-CC P01 >>

So are you saying that you want a lot less coin for the money?

Barberian · February 17, 2012 8:00PM

I wonder if PCGS and NGC will issue MINUS grades for low ball enthusiasts. Will minus grade coins command a significant premium over regular coins for the grade?

greenwr · February 17, 2012 10:59PM

<< I wonder if PCGS and NGC will issue MINUS grades for low ball enthusiasts. Will minus grade coins command a significant premium over regular coins for the grade? >>

That would be something

TennesseeDave · February 17, 2012 11:01PM

I will never understand why people will pay XF-45 money for a PO-1 coin.

pocketpiececommems · February 17, 2012 11:02PM

With that strong a date they are fortunate that they didn't get a FR02 instead of the PO01.

ricko · February 17, 2012 11:16PM

I have never understood the fascination with these low grade coins.... at least not for the prices realized. I would keep any CC coin, even that one, but never at a price like that. That type of worn coins are often found in 'junk boxes' at small shows.
Cheers, RickO

Davideo · February 18, 2012 11:49AM

Not a CC, but get this one for half the price and it's in worse shape:
1876 PO1

rec78 · February 18, 2012 11:56AM

<< Not a CC, but get this one for half the price and it's in worse shape:
1876 PO1 >>

Not a half dollar either.

Half the price and also half the coin--It's a quarter.

The piece referred to by the OP is a half dollar.

Raybo · February 18, 2012 1:11PM

<< $250??!!! If I'm going to pay a $200 premium for a low ball coin, it needs to be a lot more worn than that. Oh, the craziness of low ball coins!

1976-CC P01 >>

You're right Barberian, that ain't no PO1!
The date hits me like a ton on bricks!

TwoSides2aCoin · February 18, 2012 1:19PM

Carson City + PCGS + eBay + ________= $250
fill in the blank
(hint: it's not me)

Raybo · February 18, 2012 1:19PM

Would my 1821 CBQ qualify for a PO1?

Raybo · February 18, 2012 1:23PM

<< Not a CC, but get this one for half the price and it's in worse shape:
1876 PO1 >>

Now that's a PO1!

Davideo · February 18, 2012 1:30PM

<< 

<< Not a CC, but get this one for half the price and it's in worse shape:
1876 PO1 >>

Not a half dollar either.

Half the price and also half the coin--It's a quarter.

The piece referred to by the OP is a half dollar. >>

Oops! You're right. Well then, half the price for half the coin makes perfect sense! Haha!

DennisH · February 18, 2012 1:35PM

The coin in the opening post is nice.
Seated coins seem to inherently have more "meat" at every grade, and PO01 is no exception. I think this is one is graded correctly.

JupitarCoins · February 18, 2012 1:40PM

I call it a pos 1

atarian · February 18, 2012 3:19PM

<< With that strong a date they are fortunate that they didn't get a FR02 instead of the PO01. >>

Exactly what I thought. Too much meat on the bone for a PO-01 . I would not crack it ever cause i doubt it would see a PO-01 again. ( if u wanted to cross it ).

bumanchu · February 18, 2012 4:10PM

So don't dare sent it ATS, no telling what astronomical grade they would assign it.

Please see recent threads about the top two grading services.

I now return you back to your original programming.

bumanchu

bumanchu · February 18, 2012 4:16PM

<< 

<< With that strong a date they are fortunate that they didn't get a FR02 instead of the PO01. >>

Exactly what I thought. Too much meat on the bone for a PO-01 . I would not crack it ever cause i doubt it would see a PO-01 again. ( if u wanted to cross it ). >>

You can always subject a coin to more wear, but you can't (literally) undo it!

coinman23885 · February 18, 2012 4:50PM

<< I call it a pos 1

>>

+1 On a serious note, I think PCGS is right that this coin is a PO-1 and no higher.

291fifth · February 18, 2012 10:37PM

Back in the 1960's you could walk into almost any brick and mortar coin shop and find boxes full of worn out or damaged coins like this (obviously, raw, not slabbed).

The silver/gold run up of 1979-80 sent much of this kind of coin to the melting pot.

This kind of coin does nothing for me. To me it is just worn out junk.

This P01 deserves a plus or a gold sticker

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