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Help Me With This Lowball Peace Dollar

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 Posted 01/26/2014  9:13 pm  Show Profile   Bookmark this reply Add denco7 to your friends list
PCGS has 19 graded at P01 and 33 graded at F02. A nice unique coin either way.
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 Posted 01/26/2014  9:26 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
It's sad when you want a coin to be considered poor-1 and not a grade higher...lol.


No, it's sad that it's not a grade lower.

There are more PCGS Lowball Peace collectors than there are P01 1921's.
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 Posted 01/26/2014  9:53 pm  Show Profile   Bookmark this reply Add 1188howest to your friends list
the moral: steer clear of lowball offers and TPG opinions.
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 Posted 01/26/2014  9:57 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list
Would you say lowballs are easier to grade than MS coins?
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 Posted 01/26/2014  10:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
Would you say lowballs are easier to grade than MS coins?


Quite the opposite. Low grades tend to have quantifiable features - percentage of rim remaining and the like - tending to lock in the grade. Mint State grades are very much more subjective.
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 Posted 01/27/2014  07:11 am  Show Profile   Bookmark this reply Add uchihadesendent to your friends list
it looks like a 1924 or maybe a date error
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 Posted 01/27/2014  1:15 pm  Show Profile   Bookmark this reply Add denco7 to your friends list
I would say that it is harder for a coin with distinguishable features, other than the date, to get a P01 grade.

As nickelsearcher said, it almost has to be dateless to get a P01 , since they can distinguish the coin without the date, any sign of a date gets you F02.
Edited by denco7
01/27/2014 2:55 pm
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 Posted 01/27/2014  2:38 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
As nickelsearcher said, it almost has to be dateless to get a P01 , since they can distinguish the coin without the date, any sign of a date gets you F02.


That's an interesting point, rather like a 1916 SLQ.
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 Posted 01/27/2014  3:48 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list
The diagnostics would include the ray locations under the wing and the olive branches. It shares the same characteristics as the 1922 trial peices. Short stub and the leave locations relative to the second ray, north of the mound.
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 Posted 01/27/2014  7:06 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
As correctly pointed out ... the 1921 Peace dollar is the only example in the 24 coin series that can be identified without a date ... and as such the TPG require them to be dateless to certify as PO01.

I've shown an example of a PCGS certified PO01 from my grading set ... here is the FR02:

1921 Peace dollar PCGS FR02

Help-Me-With-This-Lowball-Peace-Dollar

Assume all can see the similarities between this coin and the OP example .. the barely hint of a date in my FR02 relegates it to that low-ball grade.


Quote:
As nickelsearcher said, it almost has to be dateless to get a P01


It has to be truly dateless ... such as my PO01 example shown earlier ... geepers ... I was certain that my FR02 coin would grade lower!

David
Take a look at my other hobby ... http://www.jk-dk.art
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 Posted 01/27/2014  7:25 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Pocket piece that baby and repost in ten years !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 01/29/2014  08:39 am  Show Profile   Bookmark this reply Add Tunnioc to your friends list
Is there a way to determine the mint from 1922 on (P D or S)when the mint mark is worn away on reverse?
Edited by Tunnioc
01/29/2014 09:34 am
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 Posted 01/29/2014  09:43 am  Show Profile   Bookmark this reply Add jeffrose to your friends list

Quote:
Is there a way to determine the mint (P D or S)when the mint mark is worn away on reverse?


The only reason a TPG can certify a dateless 1921 Peace as PO-01 is that it was only minted in Phila. If there were other mints they wouldn't be able to determine which one since the mm would be completely worn off.
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 Posted 01/29/2014  10:55 am  Show Profile   Bookmark this reply Add denco7 to your friends list

Quote:
Is there a way to determine the mint from 1922 on (P D or S)when the mint mark is worn away on reverse?


Except for very minor production variances, all three mints use virtually the same dies all made at the Phila mint. So it would be impossible to determine which mint they came from if the mm is worn off.
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 Posted 01/31/2014  6:19 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list
"As correctly pointed out ... the 1921 Peace dollar is the only example in the 24 coin series that can be identified without a date ... and as such the TPG require them to be dateless to certify as PO01."

Not quite true.

About 40 percent, and no less than 10 percent, of the 1922 issues can be identified as such by looking for the "Detached Olive Branch" variety. These were a feature of the 1922 Trial Strikes; which account for about 10 percent of the mintage. Another 30 percent were of the "Modified Detached Olive Branch" variety.

Additionally the 1934 and 5 Peace dollars were produced from a new Master Hub; quite distinct from the earlier years. And while that does not differentiate a 1934 from a 1935; finding one with a "D" ( VAM III-C) Reverse does lock it into being a 1935-S

Lastly a C2 Reverse with a VI Obverse and a "D" mintmark identify it as a 1934-D
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