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2 Ike's Make The Grade For A Fr Or Po Lowball Grade?

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Hondo's Avatar
United States
1211 Posts
 Posted 02/07/2014  2:56 pm  Show Profile   Bookmark this reply Add Hondo to your friends list Get a Link to this Reply
I've always thought it was cool how Ike's eyes are the last thing to go and they stay so sharp, even in P01.
Love em, thanks for sharing.
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chettieyy's Avatar
United States
297 Posts
 Posted 02/07/2014  4:29 pm  Show Profile   Bookmark this reply Add chettieyy to your friends list Get a Link to this Reply
You do make quite a few valid points which made me think of a particular coin I have in my collection being a worn 1932 Washington quarter which was a circulated silver quarter which is twice as old and has about 1/3 of the wear and is a much softer metal composition. I am still learning over here and once again it has been a new lesson. Thank you for taking the time to point out a couple key points I overlooked and giving me a few things to think about when dealing with circulated coins..Nonetheless still gonna prolly submit one just for the heck of it to see how it comes back because curiousity always gets the best of me.

Actually that little ol lady indeed does have a 1964 mustang that she drives to church every sunday How did you know


Quote:
I was born in the '60s, and have never seen Ike dollars circulate beyond the once or twice a year sighting, much like the Susan B. Anthony, Sacagawea or Presidential golden dollars circulate today. The composition of copper-nickel clad coins is extremely hard, and even workhorse coins like clad dimes and quarters from the 1960s never wear down this much. Have you ever seen a clad dime or quarter with the date worn down so much that it was barely readable? These are the coins you see every day in circulation. The surfaces of these dollars indeed look naturally worn, but that can be faked. After grinding the surfaces down, the two coins could have been patiently rubbed against each other to remove the serrations from the grinding wheel, and produce a more natural worn look (the 1972 dollar is covered with hairline scratches on the obverse). Coincidentally, we have the only two low-grade Ike dollars in existence being produced by one little old lady?! Maybe she has a 1964 Mustang in her garage that she only drove to church on Sundays. .
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chettieyy's Avatar
United States
297 Posts
 Posted 02/07/2014  4:41 pm  Show Profile   Bookmark this reply Add chettieyy to your friends list Get a Link to this Reply
Very true basebal21.. I have been on a civil war era trip with coins this past year trying to find nice original examples of mid and early 1800's coins within my price range and has become somewhat of a frustrating experience at times.. I understand most coins of that era and even early 1900's have had a dip or light cleaning at some point in their life and as long as the eye appeal is still there I don't let that stop me. Which brings me to the current ike in this post..It caught my eye and for the reasons you mentioned.. You just don't see em like this no matter what have may or may not have been done to achieve the outcome it has.. all in all thanks for the interest and input you have put forth in this thread.. I definetly will keep ya updated as to what I decide to do with them and if I do sell you will be first in line.


Quote:
As long as the finished product is natural thats all that really matters. Every circulated 1800s coin below xf has probably had something done to it that would be considered cleaning in its lifetime. The honest truth is you just really arent going to find Ikes like this in circulation unless someone used them as pocket pieces to wear them down and spent it.

Its still fascinating and unique though which is the appeal. Not everyone likes it, but aside from the top grade its much harder to find one that looks like this than to find a nice MS one. I can go on ebay and find MS 66s all day long which are great in their own right, but try finding a vf or lower. Heck try just finding a low vf. Theres been one AG3 thats sold this year and thats the only one coming up in the ebay sale history



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chettieyy's Avatar
United States
297 Posts
 Posted 02/07/2014  4:47 pm  Show Profile   Bookmark this reply Add chettieyy to your friends list Get a Link to this Reply
Yeah I was kinda surprised to see that the eye was so sharp myself.. Your welcome and glad ya liked em


Quote:
I've always thought it was cool how Ike's eyes are the last thing to go and they stay so sharp, even in P01.
Love em, thanks for sharing.


That was my original thought as well Jbuck.


Quote:
These two were probably used a pocket pieces, nothing wrong with that. I like them


I'm hoping I can get em back from TPG without a details grade but we will see


Quote:
I think they would both grade AG3 unless they receive a details grade.




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basebal21's Avatar
13014 Posts
 Posted 02/07/2014  5:02 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
You just don't see em like this no matter what have may or may not have been done to achieve the outcome it has.


Couldnt agree more.

For what its worth too for those that think theyre easy to make, they arent. If you could just pump out manufactured lowballs in a short period of time they would be flooding the market when you could take 1 dollar AUs and turn them into 20-100+ AGs.

Even just finishing a ground one as a pocket piece can take over a year. Its a very substantial commitment.
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1188howest's Avatar
Canada
470 Posts
 Posted 02/07/2014  11:41 pm  Show Profile   Bookmark this reply Add 1188howest to your friends list Get a Link to this Reply

Quote:
For what its worth too for those that think theyre easy to make, they arent.


easy peasy-ysaep ysae
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Domain555's Avatar
United States
1804 Posts
 Posted 02/08/2014  1:08 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
I would like to own it ....... for a buck
Pillar of the Community
968 Posts
 Posted 02/13/2014  02:51 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
Save your money, neither will grade unless they can tell the variety. I'm assuming they're '72's, right?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/13/2014  6:22 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I think you have a good shot at FR-2 with them; the sole PCGS AG-3 I was able to find had much more detail. Chasingtailbar's point is interesting; there is one 1972 Ike in an FR-2 holder (only one) and I can't imagine FR-2 detail allowing attribution of Type.

There are no P-01 1972 Ikes. Aside Type, these are ideal lowball coins because of the protected mint mark location and I suspect they'll become a hot Lowball commodity. I'd theorize about slot machine wear as the cause of the grade on these, but slots destroy the reeding fairly early in the process and that's not apparent here.
Pillar of the Community
968 Posts
 Posted 02/14/2014  12:00 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
I've sent in two that weren't holdered since they couldn't verify the type. But okay, don't listen to me.
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chettieyy's Avatar
United States
297 Posts
 Posted 02/18/2014  02:15 am  Show Profile   Bookmark this reply Add chettieyy to your friends list Get a Link to this Reply
Hey SsuperDdave,

Just wanted to say thanks for the reply as well as the research you did as to population as well.. I definetly value your opinion on here as I know you are a well respected individual on this community.. I am still a rookie here and have a long way to go in a lot of areas of my collecting but with the gracious help of people like you and many others that have posted I learn more and more everyday.. I can't thank you guys enough for all the valuable info to be found on this site.. I think I am just gonna hold onto them as pocket pieces for alittle while and see how the demand for these unfolds in the future but no matter what I can't complain for a buck

regards, chet
Pillar of the Community
United States
5208 Posts
 Posted 02/18/2014  2:46 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Go to the ANACS website and create an account for free and sign up for their emails.

A couple of times a year they email a special for free grading of 2 coins called their insider special.

Send them in and if they come back upgradable all you are out is the postage.
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