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 Replies: 21 / Views: 2,772 |
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Bedrock of the Community
 United States
14454 Posts |
I believe we are going to see if it will cross in a month or so when he gets some of his other coins together to send in with it
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Valued Member
107 Posts |
yes I think it will cross also..
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Pillar of the Community
United States
1770 Posts |
nice coin amazing you can still see the date and thats what matters right there
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Valued Member
United States
285 Posts |
What is "cross"? And lowball? I've seen it mentioned a lot today
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Pillar of the Community
United States
3253 Posts |
From what I gather from this forum, "lowball" refers to a coin at the bottom end of the grading scale. There are those who specifically pursue them, paradoxically creating a slight premium in value for some coins graded poor, relative to those in the middle. To "cross," a coin is switched from a slab from one grading company to that of another, without a detrimental change in the certified grade.
In attempting to "cross" a coin, a collector may win or lose in the bargain. But as tends to be the case, the grading company always wins. In this case, two grading companies.
Edited by philadelphian
11/12/2012 5:18 pm
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Bedrock of the Community
United States
14454 Posts |
the lowball sets is sets that try to get the lowest possible grade for each specific coin in a set. There are registry sets where people try to get the highest graded coins and you will see TOP POP coins for those coins, well you also have people that compete in registry sets that try to get the lowest possible score by making a set of lowball coins. There is no coin gradable lower than PO-01 so that is the grade they are always looking for and believe it or not coins in this grade will sometimes sell for 4-10 times premium because they are the lowest possible grade Cross is where you have a coin graded by one TPG and you send it to another TPG to get in their holder at the same grade. Usually because of Registry sets or because the other TPG's coins sell for a higher premium than the one the coin is in. In my opinion a PO-01 is harder to find than a MS coin because it has to be worn almost smooth like this one and still have enough detail to be able to tell what type and what date the coin is and if its to much wear it is ungradable, but if it has to much detail it comes back a FR-02 D0ubl3Eagle, that is an amazing coin you have there as well |
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Moderator
 United States
16679 Posts |
Bryan, I don't think you have any worries. This is a PO1 all day long and I'm quite confident PCGS will see it that way as well.
swcoin.ecrater.com
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Pillar of the Community
United States
3755 Posts |
I see no reason why it wouldn't cross. As mentioned, its a picture perfect PO1. Though I would not bother. It's in the perfect holder IMO already. And as Bryan said, just a bit more detail puts the coin at FR02, and then makes it, believe it or not, undesirable for that set. My Liberty Cap would actually be too good for a set like this.   Because there is still enough detail to see the wreath on the reverse, it's not a slick like the other two, and not a poor coin. Almost though. I can't reember who, but one member is doing an AG set of CC Morgans. It really is hard to find these low grade coins that still look good and meet the criteria the collector sets. It also makes getting the key coins a lot less expensive. I just sold a FR02 1895O Barber dime. Just in G04 that coin is 375. So that person got the key coin in that series for less than 200. So something to be said for doing it like this. Edited by smokeriderdon
11/13/2012 12:38 am
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Bedrock of the Community
United States
14454 Posts |
Quote:
Though I would not bother. It's in the perfect holder IMO already. The only reason we have discussed doing it is if he wants to sell it in a PCGS holder bit can be included in a lowball Registry set and may bring more money |
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Pillar of the Community
United States
7840 Posts |
That is pretty "slick"! I have a 1800 Large Cent which NGC "body bagged" and gave it a slab insert "Illegible Date" 1798   |
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Pillar of the Community
United States
3234 Posts |
PO-1 stuff in PCGS holders magically make the value of the coin go way up. It's kinda funny...but hey, I'd cross it too.
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Bedrock of the Community
United States
14454 Posts |
oih82w8, did you put the date on the submission form and that is the date they used on the label or did they determine the date themselves and put it on the label
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Pillar of the Community
United States
3755 Posts |
Bryan, OK, the registry thing makes sense.
oih8, yeah, how did they determine that? I mean if they refuse to slab it because the date is illegible, how can they then put a date of 1798 on the label?
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Pillar of the Community
United States
7840 Posts |
I picked up that Large Cent off ebay. I am not sure how the 1798 date came about unless the originator put it on the submission form.  I was looking for an 18th Century coin and this " just missed it". Edited by oih82w8
11/15/2012 12:08 pm
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Bedrock of the Community
United States
14454 Posts |
I am guessing that is how they did it, they just put the date the submitter had on the submission form on the label but they couldn't be sure it was that date when they had it in hand so they determined it ungradable for that reason. To be honest it doesn't look like the date is 1798 to me, it looks like it is 1800 or 180* to me. Of course this is just going by the picture and not sure what it looks like in hand
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Replies: 21 / Views: 2,772 |
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First Page
Posted 11/12/2012 2:21 pm
