| Author |
 Replies: 11 / Views: 3,816 |
|
|
Pillar of the Community
United States
717 Posts |
|
|
|
|
Valued Member
United States
393 Posts |
FR is abbreviation for fair and 2 is the numerical grade. I've never seen that before. I looked it up on the PCGS website.
Edited by tnwalker10
11/16/2007 07:11 am
|
|
Pillar of the Community
United States
1984 Posts |
Just one step above PO-1.
And one step below AG-3.
I guess you could call it Almost-Almost-Good.
|
|
Pillar of the Community
United States
1267 Posts |
|
|
Pillar of the Community
United States
6385 Posts |
From what I can see, this coin appears to have full rims. The color appears pretty original and from this picture I don't see any serious damage. Overall the obverse looks more like G-4 or even G-6 condition. I wonder what the reverse is like? It must be worn down to little more than the mintmark in order for ANACS to average the grade down to FR-2.
|
|
Moderator
 United States
16679 Posts |
I have no idea why ANACS called this a FR02  swcoin.ecrater.com
|
|
Bedrock of the Community
United States
12437 Posts |
I cannot really judge whether it is a fair(pun intended  ) grade or not without seeing the reverse. However, it would be very odd for a 20 center with a full obv rim to be graded FR2 unless the reverse is practically slick |
|
Moderator
United States
16679 Posts |
Exactly. We don't have a reverse pic but if the reverse is completely worn with no detail, I can understand where the FR02 would be warranted.
swcoin.ecrater.com
|
|
Pillar of the Community
United States
2797 Posts |
Let's take this a step further for the uninitiated ... P01 = Poor FR02 = Fair AG03 = Almost Good G04 = Good VG08 = Very Good F12 = Fine VF20 = Very Fine EF/XF40 = Extra Fine AU50 = Almost Uncirculated MS60 = Mint State MS70 = Perfection You now know the basics of the Sheldon Scale. And don't feel too bad for those P01's and FR02's. There are some series and dates that collectors compile "Lowball" PCGS sets and pay hefty prices for these grades in a PCGS holder.  |
|
Moderator
United States
16679 Posts |
Case in point. I saw a PCGS PO1 1916 SLQ at a coin show once. They still wanted big $$ for this rare key. Some coins are just plain rare. I think it's nice some "lowball" key monsters are out there. At least it puts it in the affordability of some collectors who need that coin. When I see a low grade coin like this, I can't help imagine it once was brilliant with mint luster!
swcoin.ecrater.com
|
|
Bedrock of the Community
United States
14454 Posts |
even if the coin isn't rare a P01 can bring quite a premium because some people (more than you think) covet the worst graded coins and thats as low as it gets and I think PCGS gives out P01's less than they give out MS-70's
|
|
Rest in Peace
United States
5375 Posts |
If it has an obverse like that, even with a LOT of reverse wear, it probably doesn't deserve the FR2 grade.
|
| |
Replies: 11 / Views: 3,816 |
|
Posted 11/16/2007 07:40 am
