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 Replies: 16 / Views: 3,284 |
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Pillar of the Community
United States
1042 Posts |
I couldn't resist rescuing this one from the melt bucket.  I paid $18 for it, and I do think that this coin has had some help getting this worn. I didn't buy it hoping for a lowball grade.   It makes me want to put together a well-worn 7070 album now. |
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Pillar of the Community
United States
3755 Posts |
I rather like that one. Certainly worthy of a P-01 grade.
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Pillar of the Community
Canada
4944 Posts |
Quote:
I rather like that one. Certainly worthy of a P-01 grade. This might be too worn, to receive a PO-01 Grade. From PCGS Grading Standards "PO-1 Identifiable date and type" |
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Moderator
 United States
23522 Posts |
Nope, this one won't grade. Not that I'd refuse it.  |
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Pillar of the Community
 United States
1042 Posts |
Quote:
Nope, this one won't grade. Not that I'd refuse it.  Those were my thoughts when I rescued it SsuperDdave. It cost me $18 + tax. Heck, I've done stupider things with a $20 bill in my lifetime. |
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Moderator
United States
23522 Posts |
Quote:
Heck, I've done stupider things with a $20 bill in my lifetime. |
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Pillar of the Community
United States
4212 Posts |
This is Heritage's take: "•Poor (PO-1): Barely recognizable. Large parts of the design will be completely flat. The date may be barely visible or completely missing. Also known as Basal State."
Disclaimer: I dont think there's ever been an ungraded PO-1 in a Heritage auction.
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Pillar of the Community
United States
8516 Posts |
Looks like it might be a 64 that didn't get melted down.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
602 Posts |
Even if all you can sell it for is spot price for the weight, silver has been going up the past few days. Hang on to this coin, but don't melt it.
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Valued Member
United States
213 Posts |
Quote:
Looks like it might be a 64 that didn't get melted down. That's what PCGS would probably say and put on it. |
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Previously Banned Member
78 Posts |
LoL not the greatest buy in the world but I would have paid $18 for it to. I can't believe they charge sales tax on bullion in your state.
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Rest in Peace
United States
10625 Posts |
Well played scotty!  |
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Valued Member
United States
206 Posts |
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Pillar of the Community
Canada
3167 Posts |
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Moderator
United States
15425 Posts |
Very nice scotty11. Appreciate you rescuing this one. I'll admit to a fetish ... I have four of those ... purchased around melt price from various dealer 'cull bins'. I enjoy those truly circulated Peace dollars.  A nuanced clarification on the definition of a certifiable PO01 .... For series with multiple date/mm available; the coin must be identifiable by a visible date and mintmark. For one year type coins ... the date and/or mintmark need not be present. Sooo ... had this coin been a 1921 Peace dollar (it is not BTW) ... it could be certified PO01 as the 1921 was a 1 year type (high relief) and the distinguishing characteristic would still be identifiable. Applied to my favorite series ... classic silver commemorative ... a basal state Hawaiian could be certified PO01 while a basal state Oregon Trail could not. David Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
1053 Posts |
Nice! How do you think it got this worn?
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Replies: 16 / Views: 3,284 |
Posted 08/16/2013 3:59 pm
