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PCGS Low Ball Type Set (1792-1964) (How Low Can You Go?)

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oih82w8's Avatar
United States
7840 Posts
 Posted 06/01/2012  09:18 am Show Profile   Bookmark this topic Add oih82w8 to your friends list Get a Link to this Message Number of Subscribers
Everybody seems to have their worst condition coin that they hang on to for one reason or another. I just don't want a "collection" of them. Here is the Number PCGS Registry Set for "Pocket Pieces". All of these coins have identifiable characteristics, not necessarily dates, but identifiable (chain cent is very discernible by type for example). I can understand having a valuable coin certified, but some of these are (IMO) ridiculous (1938 Jefferson in FR2 condition). The average is 1.639 (Sheldon Scale), ranging from PO1 to G4. Not sure what to think of "Home Made" in the owner's comments section, did he introduce the wear by rubbing the coins on the sidewalk or some other "artificial means?

What do you think?


http://www.pcgs.com/setregistry/pub...aspx?s=32366
Edited by oih82w8
06/01/2012 09:40 am
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 06/01/2012  09:56 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I doubt he means artificial wear on the homemade ones. I looked at his Buffalo nickels, and I've seen MUCH worse on naturally worn ones. I can't believe his type 1 made PO1, "United States of America" isn't even merged with the rim, and you can still see part of "Five Cents". I've seen some with "Liberty" just plain GONE.

The Jefferson does look a little funny. I did once find a Jefferson with enough natural wear to render the date unreadable (threw it back into circulation, unfortunately), and his looks like quite a bit different wear pattern than what I remember.
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 06/01/2012  10:01 am  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
I do believe homemade refers to the fact that it was submitted to pcgs by the uploader raw rather than purchased in a slab and uploaded to the registry
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macmercury's Avatar
United States
5832 Posts
 Posted 06/01/2012  1:42 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I can only think the cost to slab all these...?
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oih82w8's Avatar
United States
7840 Posts
 Posted 06/01/2012  1:47 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It's one thing to buy a coin already in the slab, but to have them slabbed yourself puts quite a dent in the wallet.
Edited by oih82w8
06/01/2012 1:49 pm
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 06/02/2012  12:54 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
Some of them go for quite a bit of money for being in such poor grades lol. For example I've had people tell me they would be willing to pay in excess of $150 for certain date/mm ikes especially the later dates.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/03/2012  4:32 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
With the exception of the rare types a lot of the coins in the set are worth much less than what he spent to have them slabbed. The wasted money could have been better spent IMHO.

Ed
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nickelsearcher's Avatar
United States
15457 Posts
 Posted 06/03/2012  5:23 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I'll be the contrarian here ... I very much appreciate the set and salute the collector who had the vision, patience and financial means to pull it together.

Sure ... some of the coins can be criticized as being too low in value to send to PCGS ... but that misses the point of the collection.

Assembling this fabulous collection took most likely years (decades) of dedicated searching to achieve ... and shows our Nation's coinage history on the low end of the grading spectrum.

I personally view it as a monumental success ... and despite a few coins that we can argue about grade and slabbing costs ... the assembled collection is IMHO a masterpiece of work by a serious and dedicated collector.

That's my view ... and I'm sticking with it.

David
Take a look at my other hobby ... http://www.jk-dk.art
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