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Replies: 27 / Views: 4,863 |
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Valued Member
United States
297 Posts |
Ok well I'm not really into lowball coins (as of yet anyway )but I know there are people out there who do collect them and was wondering if these are worn enough to make the grade.. on to the pics: coin 1.   coin 2.  *** Moved by Staff to a more appropriate forum. ***
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Bedrock of the Community
13014 Posts |
Holy crud I want those.
Definitely lowballs. Not sure PO1 but thats gotta be at least 02.
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Valued Member
 United States
297 Posts |
 I just came across em yesterday and had to grab em because I have never ever seen an IKE that worn in the 39 yrs I have been alive, But I know the market for lowballs has been getting bigger recently so I said WTH may as well.. Quote: Holy crud I want those.
Definitely lowballs. Not sure PO1 but thats gotta be at least 02
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Valued Member
 United States
297 Posts |
Thank you basebal21.. What kinda value would be put on these if slabbed as say PO-2 for example.. I'm not attached to them in anyway and got 2 just in case I grow attached haha.
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Bedrock of the Community
13014 Posts |
Ive never seen an ike that low either and I certainly dont have the patience to spend the next decade making one.
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Pillar of the Community
United States
940 Posts |
Edited by Classic Coins 02/06/2014 11:22 pm
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Valued Member
 United States
297 Posts |
 I hear that man..i don't think I will be alive long enough to make one even if I wanted to.. That's gotta take some serious time to wear away to the extent it has naturally with no help.. Well actually I would say 44 years to be exact by the date of the coin..I will let ya know if I decide to get rid of them. Not sure at the moment.. I may make it a pocket coin and continue the process Mods feel free to move I just realized I may have posted in wrong area..i believe it belongs in Moderns.
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Valued Member
 United States
297 Posts |
I honestly have no idea how they got like that but they are smooth and do not look tooled or done with a machine and they came from a 92 year old woman whose driveway we shoveled yesterday and the two posted were mixed in with the other 18 she gave us that had wear but nowhere to the extent that these two did.. Maybe about half of what the coins posted have on the other 18 coins. I'm not sure how you can determine that its not natural wear without having in hand and knowing what the actual story was behind the coin. I guess that's why I'm here is to learn but I don't see it as impossible... Quote: Someone had to intentionally wear those down. See this post
Edited by chettieyy 02/06/2014 11:30 pm
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Bedrock of the Community
13014 Posts |
Quote: What kinda value would be put on these if slabbed as say PO-2 for example. Depends if youre going to save them for me when you have enough posts or not  In all seriousness its really hard to peg a value on things like this. Fr02 wouldnt be as valuable as PO1 but either way its the type of thing that could go for 10 dollars one day or 100+ another. Given that theyre raw I would guess theyd likely stay closer to 10 dollars than 100 because there is a chance they could come back as a details coins which would make them worth less than the grading fee. Theyre definitely cool and unusual but in their current state there is an element of risk to a buyer which will usually suppress the price
Edited by basebal21 02/06/2014 11:58 pm
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Valued Member
 United States
297 Posts |
Just wanted to post this up in response to ClassicCoins reply which could very well be the case but in response to the link you posted here are a couple pics to look at before before you make assumptions.. The dime in question in your link is thinner than my darn fingernail and agreed that probably was tooled but that doesn't mean coins can't be worn to the extent of the ones I posted naturally.. Here are a couple pics I just snapped and I have barely lost any thickness of the original coin size..Maybe alittle but not nearly as extreme as the dime you referenced to. Thanks for the link and thanks for looking out but I just felt you were a bit quick to jump to a possible conclusion is all. I know you were trying to help. anyway here are the other pics.   And just for fun here is a pic of coin on above referenced link.  I would say that's a heck of a lot of a difference in thickness and looks more obvious that it was messed with. Anyway thank you for the link and the help I just think it's two totally different situations going on.
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Valued Member
 United States
297 Posts |
Oh I totally understand where your coming from basebal21 and money really isn't an issue so I will prolly send em out or atleast 1 of them to get slabbed just for the heck of it to see what it comes back as just for my own knowledge..I honestly wouldn't even think of selling them for more than $8 a piece raw if that just because of what you mentioned and the risk with something like this is on the buyer 100%.. I won't lose no matter what as I didn't pay anything for them.. heck if I can make someone else's day and help add to their collection and something they want, as long as I don't go in the hole I'm not looking to get rich.. I believe in paying it forward but sometimes people like to take advantage so it tends to keep me on the cautious side sometimes... Anyway I will let ya know if I send em out or if I don't and when I get enough posts I can post em on here for ya. I just thought they were cool when I saw em and figured wouldn't hurt to stick em with the rest of the ikes laying around. Quote: Depends if youre going to save them for me when you have enough posts or not
In all seriousness its really hard to peg a value on things like this. Fr02 wouldnt be as valuable as PO1 but either way its the time of thing that could go for 10 dollars one day or 100+ another.
Given that theyre raw I would guess theyd likely stay closer to 10 dollars than 100 because their is a chance they could come back as a details coins which would make them worth less than the grading fee.
Theyre definitely cool and unusual but in their current state their is an element of risk to a buyer which will usually suppress the price
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Pillar of the Community
United States
940 Posts |
Chettieyy, I was born in the '60s, and have never seen Ike dollars circulate beyond the once or twice a year sighting, much like the Susan B. Anthony, Sacagawea or Presidential golden dollars circulate today. The composition of copper-nickel clad coins is extremely hard, and even workhorse coins like clad dimes and quarters from the 1960s never wear down this much. Have you ever seen a clad dime or quarter with the date worn down so much that it was barely readable? These are the coins you see every day in circulation. The surfaces of these dollars indeed look naturally worn, but that can be faked. After grinding the surfaces down, the two coins could have been patiently rubbed against each other to remove the serrations from the grinding wheel, and produce a more natural worn look (the 1972 dollar is covered with hairline scratches on the obverse). Coincidentally, we have the only two low-grade Ike dollars in existence being produced by one little old lady?! Maybe she has a 1964 Mustang in her garage that she only drove to church on Sundays. . .
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Bedrock of the Community
13014 Posts |
Quote: I will prolly send em out or atleast 1 of them to get slabbed just for the heck of it to see what it comes back as just for my own knowledge. If I had to guess the first one would probably have the lower grade, but thats also the one that makes me the most nervous about getting a details grade. The 2nd one would be the safer play for a normal grade but Id be surprised if that got a PO1. That ones probably a FR02 and AG03 wouldnt shock me. Quote: he surfaces of these dollars indeed look naturally worn, but that can be faked. As long as the finished product is natural thats all that really matters. Every circulated 1800s coin below xf has probably had something done to it that would be considered cleaning in its lifetime. The honest truth is you just really arent going to find Ikes like this in circulation unless someone used them as pocket pieces to wear them down and spent it. Its still fascinating and unique though which is the appeal. Not everyone likes it, but aside from the top grade its much harder to find one that looks like this than to find a nice MS one. I can go on ebay and find MS 66s all day long which are great in their own right, but try finding a vf or lower. Heck try just finding a low vf. Theres been one AG3 thats sold this year and thats the only one coming up in the ebay sale history
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Pillar of the Community
Australia
1874 Posts |
I think they would both grade AG3 unless they receive a details grade.
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Valued Member
Canada
470 Posts |
- this type of altered or accelerated wear is quite simple to achieve/produce/counterfeit. 
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Moderator
 United States
188105 Posts |
These two were probably used as pocket pieces, nothing wrong with that. I like them. 
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Replies: 27 / Views: 4,863 |