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 Replies: 15 / Views: 1,899 |
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Pillar of the Community
United States
3755 Posts |
Since I got the 21 back F2 from ANACS, I started looking for more nice low balls. Aside from 21 and 28, getting honest, non damaged fair or AG coins is NOT easy. They were so common most of the low grade ones have been melted. Then when you do find them, people are getting really stupid with asking prices. Picked this lady up off ebay. Once I get a couple more I will send them all in. I believe she should pull a F2. What thinkest you all?   |
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Pillar of the Community
Canada
5417 Posts |
I think it had just as good of a chance of pulling aG-3. Too much obverse detail, reverse is definitely FR-02 though. If I graded it, I would say FR-02, not sure if the TPG's would go higher. |
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Pillar of the Community
Canada
2805 Posts |
"Sorry, this coin has too much detail. Better luck next time!"  I think it could get FR. The rims have collapsed and the lettering is quite far gone to me. |
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Moderator
 United States
15392 Posts |
Pleased to learn of another low-ball fan of this series  Truly agree that finding honest surfaces, well circulated examples of the Peace dollar series is indeed a true numismatic challenge. Many of the coins were melted ... and true low-balls suffer from not being able to identify the mint. IMHO your coin will grade AG03 ... For comparison only ... and in no way trying to hijack your thread ... photo of my PCGS FR02 1922 (Philly) Peace dollar: 1922 Peace - PCGS FR02 There are not many folks who appreciate honest low-ball coins ... pleased to welcome you to the club. David |
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Pillar of the Community
United States
1234 Posts |
I love low-ball items... just picked up an 1850's seated liberty (Drilled and plugged... I can't see the last digit of the date  ) and a 1906 barber half, both G4 or less, the barber may be as much as 10 but no chance of much more. Quote:
They were so common most of the low grade ones have been melted I have 6 1922 Peace dollars in good shape... VF-EF... 35+ on most of them. My guess is that you are talking about the most worn ones and wanting to get them for low prices but is there any real bump in price for being a '22 in good shape? |
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Valued Member
United States
170 Posts |
Why would you want to grade it as that is 10 to 15 bucks from TPG plus cost of coin.. you can still find 1922 Peace dollars in MS for around $30 buxs ..hmm Edited by Gold4Ever
05/10/2014 12:27 pm
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Pillar of the Community
Korea, Republic Of
1881 Posts |
Quote:Why would you want to grade it as that is 10 to 15 bucks from TPG plus cost of coin.. you can still find 1922 Peace dollars in MS for around $30 buxs ..hmm There are collectors who collect low-grade coins, called "lowball coins." "Lowball collecting" has a totally different objective compared to normal collecting - Lowball collectors strive to get the coin in the lowest, problem-free (no details grade) coin they can get. PO-01s are treated like MS-70s in Lowball collecting. There's even a PCGS registry set for a "Low Ball Type Set." A coin like the Peace dollar is hard to find in extremely low grades, because their date/MM become unidentifiable when extremely worn down. Many lowball examples show PMD, too. Slabbed Lowball coins that aren't "details" graded fetch a premium in the Lowball collecting world. |
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Pillar of the Community
United States
4409 Posts |
Quote:Why would you want to grade it as that is 10 to 15 bucks from TPG plus cost of coin.. you can still find 1922 Peace dollars in MS for around $30 buxs ..hmm On one end of the spectrum there are collectors who collect MS coins, on the other end there are collectors going for well circulated examples. I'd say it is harder to find these low grade silver dollars as many have been melted during the runs up in silver. There are collectors that love these lowball coins. There are members on this forum pursuing lowball commemorative coins from 1892-1954. -MV |
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Moderator
United States
23522 Posts |
Quote:Why would you want to grade it as that is 10 to 15 bucks from TPG plus cost of coin.. you can still find 1922 Peace dollars in MS for around $30 buxs ..hmm Lowballing is so popular that PCGS has Registry Sets for them. Don, I think you'll get your number out of this one. Wouldn't floor me if it came back AG3 - nickelsearcher's coin is notably more worn than yours - but I think it meets the technical definition of FR02. |
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Pillar of the Community
 United States
3755 Posts |
Thanks guys for explaining the lowball mind set so well. I was away for the weekend.
I only use ANACS,so it wont be on a PCGS registry. I need to call them and find out if they are doing registry sets like that and suggest they start if not.
For those of you who were curious as to why to grade a coin like this, try finding one. Find a problem free honestly worn coin with date and MM just barely readable that will grade AG3 or lower and not pay over 30 bucks for it. It can be done, but not the easiest thing to do.
nickel, dude, in no way is that hijacking the thread. Thanks for showing her! I am hoping the complete lack of rims, the 1 gone and a lot of the lettering gone will bring it down. I agree Liberty herself has enough detail to bring it up to AG3, but the rest SHOULD outweigh that.
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Pillar of the Community
United States
2311 Posts |
@smokeriderdon, is that a scratch on the top showing in the first picture? (In liberty, the B) That sure is a nice lowball. |
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Pillar of the Community
United States
3486 Posts |
While I do not collect low-balls I respect those who do.
To see a set of well-worn classic Halves is an eye opener.
My favorite dealer showed me his. I was riveted.
That they were accepted as circulating coins is the part I like.
People KNEW their coins way back when.
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Pillar of the Community
United States
3755 Posts |
solotime, no, that is a stray pug hair. LOL
matthew, that is part of the appeal to me. These coins were USED. They circulated and were part of history. Just makes them a different kind of cool than high grade MS coins.
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Bedrock of the Community
United States
17884 Posts |
My only problem with the OP coin is I'm not sure if I could say for certain if it is a 22 or a 23. All I can see is the top curve of the last digit.
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Pillar of the Community
United States
2311 Posts |
I think it's the number 2 for sure.
@smokeriderdon, That happens, I had a few hairs or junk get on my pictures too.
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Pillar of the Community
United States
3755 Posts |
conder, here is a pic of the 23 from a 1923...  As you can see, the top of the three is distinctly different from the 2. |
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Replies: 15 / Views: 1,899 |
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Posted 05/09/2014 6:41 pm
