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 Replies: 20 / Views: 2,853 |
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Pillar of the Community
United States
1211 Posts |
Check out this slick 1859 IH Cent I recently acquired. I would say PO-01. Would there be any added value if this were certified as PO-01; are there a low population of such coins?   |
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Pillar of the Community
Canada
1411 Posts |
Thats a great coin for a lowball collector!
I think that Graded PO-1 coins have a higher value if certified
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Bedrock of the Community
United States
10982 Posts |
PCGS shows zero certified at PO1. You might have a valuable coin if you can get it in a top tier TPG holder. An NGC PO1 sold for $374 a few years ago on Heritage! |
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Pillar of the Community
United States
2604 Posts |
$374 for a PO-1 1859? Wow, need to dig through my junk pile and start getting thos things certified!!
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Pillar of the Community
United States
3283 Posts |
Quote:
An NGC PO1 sold for $374 a few years ago on Heritage Now that's just silly, I mean really? |
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Rest in Peace
United States
5375 Posts |
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Bedrock of the Community
United States
10982 Posts |
The $374 result was from the beginning of the low-ball craze. Might be different today.
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Pillar of the Community
United States
3234 Posts |
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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Pillar of the Community
 United States
1211 Posts |
IMO: It is consistent with PCGS "photo-grade" standards @ PO-01.
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Moderator
 United States
15579 Posts |
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 |
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Pillar of the Community
United States
5854 Posts |
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. |
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Rest in Peace
United States
5375 Posts |
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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Pillar of the Community
United States
2589 Posts |
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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Valued Member
United States
469 Posts |
That faint date reminds me of the faint date on my PO01 1934 Texas. This is a lovely coin.
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Pillar of the Community
United States
1211 Posts |
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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Pillar of the Community
United States
1211 Posts |
Ok well here it finally is:   |
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Replies: 20 / Views: 2,853 |
Posted 11/12/2012 02:08 am
