| Author |
 Replies: 19 / Views: 2,774 |
|
Pillar of the Community
United States
7390 Posts |
Hey guys, I've been thinking of turning a morgan into an 01 lowball by way of my pocket. I thought this 04s would work and being a key date Id like to possibly make it THE finest 04s lowball or close too it. My questions are, is she a good candidate and how long to get her to where I want it and is there any "procedure" other than just putting it in my pocket? Thanks!   |
|
|
|
Valued Member
United States
204 Posts |
You should keep it in your pocket with some small change and maybe your key chain. But, DON'T spend it on accident. That happened to me once. :(
|
|
Pillar of the Community
United States
1566 Posts |
It's going to Take a long time to turn it to a PO-1 in your pocket. Most real lowball Morgans got that way in slot machines as they were loaded in the slot again and again. Just having it roll around in your pocket isn't enough contact to wear it down that much in my opinion. DaSlayer. How did you accidentally spend a coin as big as a Morgan?  Edited by Celticsoul
04/11/2015 2:06 pm
|
|
Pillar of the Community
United States
6478 Posts |
DaSlayer? How did you spend a morgan? But I don't think you should lowball this coin. I am kind of against ruining better-key date coins. |
|
Pillar of the Community
United States
1309 Posts |
|
|
Pillar of the Community
United States
1804 Posts |
thecoinguy1964 They look something like this. PO-01 have to be TPGed Hope this helps  |
|
Pillar of the Community
United States
1566 Posts |
A PO-1 lowball is a coin that the professional graders have graded as Poor-1 as opposed to say Good-4. True "low balls" are very worn coins where the date is still readable and can be graded. There are many very worn coins where the date is not readable an are sent back as "not grade able". There are collectors who pay a premium for slabbed coins grading PO-1.
|
|
Pillar of the Community
United States
1192 Posts |
What if the coin had specific design that was available for one year such as bicentennial coinage. Would they still not grade it without the date?
|
|
Valued Member
United States
204 Posts |
@SilverStackerKid
I didn't spend a Morgan. My pocket piece was a Kennedy half-dollar.
|
|
Pillar of the Community
 United States
7390 Posts |
Good question Bert...  I just got a bicentennial quarter in change an hour ago  |
|
Valued Member
United States
194 Posts |
People pay more money for a coin that is essentially destroyed? I don't get it... |
|
Pillar of the Community
United States
1566 Posts |
@Bertensgrad to answer your question, yes they would. If it were say a Bicentennial Quarter or an 1839 Silly Head large cent for example. If it is obvious what the undated coin was, yes they should slab it.
|
|
Pillar of the Community
United States
7390 Posts |
@Tbolts10... people pay huge premiums sometimes for the lowest possible graded morgans... I'll let someone with more eloquence describe why
|
|
Moderator
 United States
23522 Posts |
First: There is only one 1904-S in PCGS P01.
Morgan collectors are a seriously motivated lot. Further, they're variety enthusiasts, and Morgans (most years) circulated heavily. Lowballing started with Morgans, as a direction some collectors with odd tastes chose to extend themselves. It's downright competitive now - there are 61 Lowball PCGS Registry sets in the "Basic Set" (date/MM) category.
Keep in mind, talking about having manufactured one publicly will get you ostracized from the collecting community, and I'll be one of the ones handing out pitchforks. It's as abhorrent as cleaning.
|
|
Pillar of the Community
United States
7390 Posts |
Wait, SD. I thought it was acceptable to pocket piece a coin? I guess that's just to remove hairlines? Please educate me here, I just thought it would be fun to do... if accepted by the hobby!
|
|
Valued Member
United States
415 Posts |
It's your coin Cascade, I say do what you want with it. Nothing wrong with carrying a coin in your pocket. If it wears it down to a 01, then that's awesome for you!
|
| |
Replies: 19 / Views: 2,774 |
Posted 04/11/2015 2:06 pm
