Why Are Low Ball Coins Desirable? - Coin Community Forum

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Author	Replies: 6 / Views: 1,679
KisNap Valued Member United States 462 Posts	Posted 10/04/2016 4:49 pm I've seen low ball coins sell on ebay for more than I'd figure they're worth. I also heard of people proud of low ball Presidential dollars. What's the deal? Report this Post to the Staff

january1may Pillar of the Community Russian Federation 5180 Posts	Posted 10/04/2016 4:54 pm Presidential dollars didn't really circulate much, so examples that circulated a lot are very unusual. Thus the pride. (It's probably even worse for classic commemoratives.) Other than that... I don't know, I guess it's the idea of a very worn coin (and/or a coin that had seen a lot) that can still be identified? Edited by january1may 10/04/2016 4:56 pm Report this Post to the Staff
joeysanders627 Valued Member United States 408 Posts	Posted 10/04/2016 5:04 pm There are a lot of people on ebay who overpay for items. It is not just coins. I used to sell silver bars on ebay six years ago. I did pretty well. I used to specialize in 1 gram bars. On each bar, I made, on average, a 125% markup. Not bad. Report this Post to the Staff
oriole Pillar of the Community Canada 5255 Posts	Posted 10/04/2016 5:33 pm Some people want low-ball coins for their graded coin set registry. So they attach value to having their coins on this list. So Total value= Value of Coin + Entertainment value. Of course this is OK! To each their own. Edited by oriole 10/04/2016 5:41 pm Report this Post to the Staff
BadThad Bedrock of the Community United States 19972 Posts	Posted 10/04/2016 6:15 pm It's very difficult to find a highly worn coin that is not damaged or corroded, it's a quite challenging endeavor to put together a lowball set. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 10/04/2016 6:34 pm Correct. Many people cannot afford really top-grade examples, so buying really low-grade examples is a thrifty alternative. Plus, for what it's worth, really worn specimens of many coins are much, much scarcer than their high-grade sibs - note an AG-03 1915 Pan-Pac half discussed elsewhere on the forum today, a grade almost unheard of for this issue. I think it's a cheap and cheerful challenge, even if it's not for me. Report this Post to the Staff
Centsei Valued Member United States 314 Posts	Posted 10/04/2016 9:43 pm Well, I just learned something. Never heard of such a thing. Report this Post to the Staff
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