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Po 1 Coins

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DeodatusAlp2002's Avatar
260 Posts
 Posted 08/12/2015  3:31 pm Show Profile   Bookmark this topic Add DeodatusAlp2002 to your friends list Get a Link to this Message Number of Subscribers
Can you post pics of po 1 graded coins. Once, I saw a pic of a po 1 1964 half.
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bpoc1's Avatar
United States
4078 Posts
 Posted 08/12/2015  4:02 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Well , not a picture of one but, the definition

Quote:
PO-1
This is for "Poor" (the grade) and "1" (the numerical designation that means Poor). A coin of this grade is basically uncollectible due to its terrible condition, but coins of great rarity (such as an 1802 Half Dime) are still of considerable value and in demand in this grade. In order to "reach" this grade a coin must be identifiable as to date and type and not be horribly damaged (such as holes).

There could be a number of PO-1 coins posted but, could you change the challenge to a valuable PO-1.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 08/12/2015  4:20 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
1920 D Buffalo nickel, not sure if it's PO01 or not.

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Po-1-Coins
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DeodatusAlp2002's Avatar
260 Posts
 Posted 08/12/2015  4:35 pm  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
Maybe FA
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/12/2015  4:41 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Child OTW, how in the heck do you know that Buffalo is a
1920-D., my eyes don't see anything.
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bpoc1's Avatar
United States
4078 Posts
 Posted 08/12/2015  4:52 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply

Quote:
Maybe FA


Well look at COTW pictures and they are still not cropped. This is costing CCF money.
COTW, you still do not get it.
This could be an interesting post with limits.
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X2an's Avatar
Sweden
1078 Posts
 Posted 08/12/2015  4:59 pm  Show Profile   Bookmark this reply Add X2an to your friends list Get a Link to this Reply
I posted this one a while back and although I think the obverse is PO01, the reverse is not.

Po-1-Coins
Po-1-Coins

Fun fact: Seems I'm more into the American (?) grading standard. I don't understand the Swedish one
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CalzoneManiac's Avatar
United States
2233 Posts
 Posted 08/12/2015  5:05 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
This 1897-S Morgan sold for $565 back in November 2010.


Po-1-Coins
Edited by CalzoneManiac
08/12/2015 5:06 pm
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DeodatusAlp2002's Avatar
260 Posts
 Posted 08/12/2015  5:07 pm  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
I read that article.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 08/12/2015  7:54 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
sorry bpoc. I already uploaded these pictures once, and I clicked "Insert Previously Uploaded Images" so I didn't cost CCF any extra money. This is an under used feature that we are all guilty of not using.


I know this coin is a 1920 D because I can barly make out a "D" in hand, and the braids are of the 1920 type (they changed them). It technically isn't PO01 because it doesn't have a date.
Edited by ChildOfTheWheat
08/12/2015 7:58 pm
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nickelsearcher's Avatar
United States
15386 Posts
 Posted 08/12/2015  8:19 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I readily admit to being a 'low-ball' collector ... in addition to my various MS coin collecting pursuits.

As such I prefer to politely differ with the definition offered above by bpoc1 ...


Quote:
A coin of this grade is basically uncollectible due to its terrible condition


There is a small but growing body of collectors who actually enjoy the challenge of pursuing these coins ... albeit in certifiable state.

There is a significant numismatic difference between a basal state coin and an example certifiable as PO01.

There are plenty of coins abused and well-worn ... very few of these treasures remain with original surfaces and no damage.

I've posted plenty of photos of PCGS certified PO01 coins ... a quick search will find them. I've also posted many times on the requirements to certify a coin at PO01 ... will not repeat that here.

To the OP ... a PO01 certified coin:

1893 Columbian Exposition Half Dollar ... PCGS PO01

Po-1-Coins

David
Take a look at my other hobby ... http://www.jk-dk.art
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BStrauss3's Avatar
United States
4587 Posts
 Posted 08/12/2015  8:46 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I bought a 25+ year old 1921 Morgan in a ANACS PO1 (ND) slab today...
-----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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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 08/12/2015  8:51 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Cool! And pics?
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cjspearsdog's Avatar
United States
405 Posts
 Posted 08/12/2015  9:09 pm  Show Profile   Bookmark this reply Add cjspearsdog to your friends list Get a Link to this Reply


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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 08/12/2015  10:41 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply

Quote:
I can barly make out a "D" in hand,


I don't know what you are seeing in hand, but that mintmark location is absolutely worn away.

You'd have to use nic-a-date on that.
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BStrauss3's Avatar
United States
4587 Posts
 Posted 08/13/2015  08:34 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Nic-a-date doesn't work on Silver. It's a weak acid and works because the stress of minting the nickel causes the Nickel metal that flows upwards to create the mintmark to be (very) slightly harder. Even when the surface is worn away, the effect persists a tiny bit below the surface. So when you disolve some of the copper atoms the date or mintmark 're'appears.

Doesn't work on Silver to the same extent and does damage the coin. acid treated buffs are worth a lot less th untreated coins.

As for photos of the PO1 and also the VG8/CAC 1852 $5, will have to wait until the weekend...
-----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/
Edited by BStrauss3
08/13/2015 08:35 am
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