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 Replies: 40 / Views: 4,478 |
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Pillar of the Community
Canada
2805 Posts |
My lowball roster keeps growing... every time I find a badly cleaned or polished coin, it goes in my pocket.
So far, I have actually succeeded in wearing some fine wire-brush lines off of a Dutch gulden, in under 4 months!
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
United States
3755 Posts |
The main considerations have been covered. No damage to the coin and date/mm detectable in any coins that have no other diagnostics. That about covers it. Personally, I like honestly worn coins. I sold a lowball Morgan not that long ago for more than I could get for a AU 1921. LOL These are the coins rattling in my pocket being made into lowballs.   The Kennedy is just about there. |
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Pillar of the Community
United States
8137 Posts |
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
United States
531 Posts |
A lot of responders to this thread use future value, or profit potential when deciding what coins to submit to a TPG. Nothing wrong with that, but I am headed in a different direction. I have been collecting, and studying Two Cent Pieces for quite a while. Currently I am closing in on completing a 1864, large motto, Two Cent grade set. This set will consist of each grade totaling 26 coins. At the higher end the coins will be brown. The highest grade NGC graded 1864 LM is a MS-66. So far I need a P-01, a FA-2, and a VG-8 to complete my goal. In itself the set will be a great learning and teaching tool. Eventually I expect to develop an Exhibit for my state's annual convention and coin show. So, there are other reasons to collect and certify low grade coins. Just my Two Cents worth....... |
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Pillar of the Community
 United States
4596 Posts |
Nice... both the idea and the pun!
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Moderator
 United States
23522 Posts |
Nicely done, Penny Guy. Grading sets are another good reason for lowballs, and if something like a grading set were within the reach of the majority of collectors I'd recommend them for everyone. There's no better way to keep your own grading skills current - and avoid "enthusiasm creep" - than physical examples of known grade to compare a new coin to.
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Pillar of the Community
United States
531 Posts |
Thanks Dave. I'll comment on one of my "learnings" so far. TPG grades are opinions only. Yes they are informed or expert if you prefer, but still opinions. What grade you as the collector thinks a coin is, is what counts. When comparing my XF-40 coin with the XF-45 coin I and a dozen others, whose opinions I respect, all agreed that the coins needed to be switched. The lesson there is lack of consistency which reinforces the need for a collector to take the time to learn grading for the coins they collect. |
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Pillar of the Community
 United States
919 Posts |
If a buyer does not think the coin is XF45 it doesn't matter what the owner thinks.
Looks like I started an interesting thread. This has well over 800 views in 2 days. We now have a poll going in another thread and I just saw a new thread asking if a certain coin would benefit from a little time in a pocket. I didn't know it on Monday but this artificial circulating might just be the next big thing (I know for some of you it was going on all along).
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Replies: 40 / Views: 4,478 |
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Posted 11/11/2013 10:05 pm
