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 Replies: 23 / Views: 3,785 |
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Pillar of the Community
United States
1005 Posts |
Yeah I guess a gold bean attached to a PO-01 graded coin should be promptly removed
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Pillar of the Community
2145 Posts |
Quote:
Yeah I guess a gold bean attached to a PO-01 graded coin should be promptly removed   |
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Pillar of the Community
United States
3663 Posts |
Would a PO-01 with a bean be a has been?
*ducks and covers*
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Rest in Peace
United States
18456 Posts |
I realize you can tell it's a 1916 other than the 3 stars that was added as of 1917 . But I thought to Have a PO-01 designation , the date had to be acknowledgeable .  |
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Pillar of the Community
United States
3343 Posts |
So, um, how much did it cost you Paul?
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
  United States
3098 Posts |
It's not my coin. I saw it on ebay for $1,700, I believe. Paul Bulgerin
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Pillar of the Community
United States
8938 Posts |
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But I thought to Have a PO-01 designation , the date had to be acknowledgeable Nope. The date has to be identifiable and the Branch Mint if applicable. |
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Moderator
 United States
34428 Posts |
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Shouldn't CAC make a "black bean" for Low Ball collectors indicating that the coin is at the bottom of the grading level? Well, according to this website, the "canned dog food bean" is the worst tasting Jelly Belly, so my vote is for the bottom third bean to be brownish in color. If they make it a scratch and sniff, then it could be a co-promotion opportunity... https://spoonuniversity.com/lifesty...reotastetest"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
United States
3343 Posts |
$1700 seems a little rich Paul. Maybe for the right lowball connoisseur.
The prices for any out-of-the-ordinary coins seem high these days. It gets harder and harder to find niches that no one is interested in.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
01/16/2021 8:15 pm
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Pillar of the Community
United States
8938 Posts |
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$1700 seems a little rich Paul. Maybe for the right lowball connoisseur. It literally only goes up from there, the price has nothing to do with it being a lowball coin and everything to do with that the 1916 is obscenely expensive. |
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Pillar of the Community
United States
992 Posts |
So, if it gets a gold bean does that means it's a P00? |
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CCF Advertiser
United States
1533 Posts |
As AG-03 bid is $2000, I'd consider a Fair-2 to be worth $1000 and a P-OO1 to be worth $500, unless there is a lowball premium, so yeah, I'd say there is a lowball premium here.
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Pillar of the Community
United States
1005 Posts |
I'd disagree, the demand comes from people trying to fill that hole. Since it's graded by PCGS already there's not gonna be much price difference between 1, 2, and 3; they're all bad but it's the date that counts
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Pillar of the Community
United States
5192 Posts |
I think the Green Bean simply drives up the prices even further. Throngs of people happily pay a fat premium for that and don't care a darn about the grade.
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Pillar of the Community
United States
3343 Posts |
It's filling the hole with the series stopper, just like the 16-D Mercury. There are a lot of 1916 Standing Liberty quarters - at least 10,000 - but there are a lot of people looking for them too. I try to find coins with populations under 500 that no one is looking for, like my awful 1859-S half eagle, with a PCGS population of 55. I prefer it to any P-01 coin....and I could break even selling it for melt if I had to....and for 1/3 the price of the P-01 SLC. One way to find these niches is to seek out coin series that have so many stoppers that no one could ever complete them. But there aren't many of those series left. And once you snipe a low grade specimen, you may never see one again. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Replies: 23 / Views: 3,785 |
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Posted 01/16/2021 4:38 pm
