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1859 Ih Lowball

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Bedrock of the Community
United States
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 Posted 11/12/2012  4:17 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
The $374 result was from the beginning of the low-ball craze. Might be different today.
ANA #R3154474
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United States
3234 Posts
 Posted 11/12/2012  4:23 pm  Show Profile   Bookmark this reply Add Prethen to your friends list
I agree, get it in PCGS plastic as PO-1 (which it appears to me to have a very good shot at) and you may have $$$.
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1211 Posts
 Posted 11/12/2012  7:41 pm  Show Profile   Bookmark this reply Add jerseyben to your friends list
IMO: It is consistent with PCGS "photo-grade" standards @ PO-01.
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United States
15543 Posts
 Posted 11/12/2012  8:00 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
This is a lovely well-circulated coin ... and I admit to all that I am a fan of well-circulated coins.

This might grade at PCGS as P01 ... most likely FR02 as wisely suggested above.

There are a number of serious collectors (myself included) who enjoy honestly circulated coins as visual counterparts to our MS sets ... and while IHC are not my thing ... I can appreciate and enjoy the history behind a coin such as this and the stories it brings to our imagination.

If your goal is re-sell for highest possible price ... then indeed a PCGS P01 holder would do it.

Let us know how that works out for you.

David
Take a look at my other hobby ... http://www.jk-dk.art
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 Posted 11/12/2012  8:40 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
I personally can't see this grading FR-2 with the almost worn flat central design and weak/worn away lettering around the rim and the nearly worn smooth reverse. With not much more wear, I am not even sure you can identify the date even on this one year type because the date and the wreath will be gone. I think it will most likely grade PO-1 at PCGS. Here is an example graded FR-2 in the registry and in comparison, yours is in a lower grade.
Rest in Peace
United States
5375 Posts
 Posted 11/13/2012  11:04 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
The problem is that ANA standards basically say that a coin must be almost obliterated to grade PO-1, but the TPG standards are different especially on morgans. L
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2589 Posts
 Posted 11/14/2012  12:49 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list
The reverse is practically obliterated, I would personally grade this at PO1 but what the TPG might say is a flip of the coin
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United States
469 Posts
 Posted 11/14/2012  9:08 pm  Show Profile   Bookmark this reply Add Not Mint to Be to your friends list
That faint date reminds me of the faint date on my PO01 1934 Texas. This is a lovely coin.
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United States
1211 Posts
 Posted 11/15/2012  06:42 am  Show Profile   Bookmark this reply Add jerseyben to your friends list
I am considering joining PCGS for 1 year to get the 4 free submissions, just for this coin. I'm sure I can come up with 3 others to send in.

I will be at the Baltimore show on Saturday anyway so I can get extra opinions from some folks down there.
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 Posted 03/16/2013  10:50 am  Show Profile   Bookmark this reply Add jerseyben to your friends list
Ok well here it finally is:

1859-Ih-Lowball

1859-Ih-Lowball
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 Posted 03/16/2013  11:53 am  Show Profile   Bookmark this reply Add chesterb to your friends list
LOL...I can see the description on some coin vendors sites now: "Pop 1 for the grade"
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 Posted 03/16/2013  1:12 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
Congrats!
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 Posted 03/16/2013  1:31 pm  Show Profile   Bookmark this reply Add jerseyben to your friends list
Chester: Well yes, that's the idea. I don't see what is funny or why you mock my coin?
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 Posted 03/16/2013  1:38 pm  Show Profile   Bookmark this reply Add chesterb to your friends list
Not mocking your coin, Jerseyben. I think it's a great example actually. I'd rather have it than my 1859 example below. Congrats.

1859-Ih-Lowball
Edited by chesterb
03/16/2013 1:40 pm
Bedrock of the Community
United States
10982 Posts
 Posted 03/16/2013  3:23 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
Congratulations!
ANA #R3154474
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