1964 Kennedy Half PCGS PO-1 Huh?

Don't know what a po-1 is but I'm guessing a super Greaser is that correct or is it something else

I didn't know the scale went that low thanks for information. Don't you think that the reason for the coin being what seems to be a weak strike is because of grease or because it's been around the world and back

No you didnt miss anything, It is generally accepted that the better the condition of a coin, the greater the value/price will be for the said coin. Registry set buyers especially can drive the price of the coins far higher to complete their collection. However, lowball collectors look for one specific thing: coins that are so heavily worn down that they usually have only a basic design left. Now, this is certainly a strange way to collect, and why would anyone pay significantly more for a slick coin in a PO-01 slab than an example of the same date in an MS64 slab you may ask? Its discussed a bit in this ANA blog article such as supply and demand due to low availability of certain lowball coins. https://www.money.org/collector/use...-numismatics

Certainly a pocket piece, these never circulated heavily. I'd pay $14 for it, not much more because it is just a conversation piece.

Crazy money for a worn out pocket piece.

I'll never understand low ballers.

the seller named his 'store' "The Lost Dutchman's" rare coins - They aren't even in Arizona

No - but PCGS price guide has failed to keep up with the limited but real demand for registry set collectors who chase these low ball coins.

Their price guide values are ridiculous out of touch with what the real market brings when one of these coins becomes available.




I do - I was 'one of them' for many years. For me it was about the joy of the numismatic search and a quest to discover a rare, albeit worn out, coin that no-one else had discovered.

Think of it this way - I could search through thousands of MS Peace dollars with zero hope of finding an MS69 example. Conversely - I could search through well circulated Peace dollars and if my eye were sharp and everything came into alignment find a one of a kind lowball.

That's exactly what I did many times and when I decided to sell my PCGS low ball Peace dollar set my 1935-S PCGS PO01 sold to the current registry #1 in a private transaction for $2000. I paid about $40 for it including TPG fees.

Go look up the PCGS price guide value for that one.

For a time I was the owner of the #1 registry low ball sets for Barber halves, Walkers and Peace dollars. Enjoying the hobby in the search for those coins brought me a lot of pleasure.

I've since moved on - sold off all those sets, but the strong sense of the thrill of discovery from those days remains a favored memory.