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Replies: 20 / Views: 3,263 |
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Pillar of the Community
United States
4416 Posts |
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Pillar of the Community
United States
4211 Posts |
I seldom shop for a slabbed coins so I don't see a "lot" of them but I do not recall ever seeing a bean on a FR-02 before. Interesting....
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Pillar of the Community
 United States
4416 Posts |
Environmental damage aside, I'd be hard-pressed to separate the beans from the non-beans at this low grade!
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Pillar of the Community
 United States
3058 Posts |
I used to have a 1793 Wreath cent graded by PCGS PO01 with a bean
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Valued Member
United States
321 Posts |
I've seen beans on Poor-1s before.
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Pillar of the Community
 United States
4416 Posts |
Quote: I used to have a 1793 Wreath cent graded by PCGS PO01 with a bean @CoinLover1899 ... A Wreath Cent in any grade is noteworthy. That said, how does one differentiate that these lowballs are bean-worthy and worth submitting as such? I can't help but wonder if my blank planchet large cent is bean-worthy?
Edited by ExoGuy 01/19/2017 11:34 am
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Pillar of the Community
Canada
4944 Posts |
Quote: I've seen beans on Poor-1s before. Here's mine: 
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Pillar of the Community
 United States
3058 Posts |
Great 1879 s!
Exoguy, I said wreath cent, not chain:)
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Pillar of the Community
 United States
4416 Posts |
@ coinlover ... My error ... fixed it to Wreath instead of Chain. I've had Chain cents on my mind recently!
I'm still waiting for clarification on how coins at such low grade levels warrant beans ... to bean or not to bean .... That is the question!
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Bedrock of the Community
United States
94367 Posts |
I hadn't paid much attention to low-grade beaners before, so these are pretty amazing to me. Imagine the cost and time involved getting that '79-S in that holder.
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Valued Member
United States
108 Posts |
After looking at several hundred "beaners", I am at a complete loss to determine any consistency among them. I think the whole deal is essentially of no added value, except to those cashing the checks!
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New Member
United States
11 Posts |
Sorry if this sounds like a stupid question but could someone tell me what a 'bean' is?
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Pillar of the Community
United States
1316 Posts |
The green sticker placed by CAC. It's like a secondary TPG noting this is better example for the slabbed grade. When it comes to such lowballs where the goal is the lowest grade possible non-damaged coin, what does the green bean mean?
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Pillar of the Community
United States
3479 Posts |
Quote: After looking at several hundred "beaners", I am at a complete loss to determine any consistency among them. I think the whole deal is essentially of no added value, except to those cashing the checks! Agreed! I will never buy beaned coins at auction. Smart folks buy them without the bean, get them beaned, then sell to suckers.
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Bedrock of the Community
United States
11881 Posts |
Quote: Smart folks buy them without the bean, get them beaned, then sell to suckers. I always thought that coin sellers that refer to coin buyers as suckers and think they are smart for using their knowledge against unsuspecting buyers were doing a disservice to coin collecting. I don't find these folks particularly smart.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
3479 Posts |
Quote: I always thought that coin sellers that refer to coin buyers as suckers and think they are smart for using their knowledge against unsuspecting buyers were doing a disservice to coin collecting. I don't find these folks particularly smart. My apologies if my comment was too blunt for your taste. I'm sure you get the point.
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Replies: 20 / Views: 3,263 |