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Replies: 18 / Views: 2,051 |
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Moderator
 United States
15457 Posts |
I have not hid the fact that I'm a fan of honestly circulated coins ... the history behind their use as agent of commerce is fascinating to me. In the pursuit of that numismatic interest, I occasionally come across examples outside of my main series collecting interests ... such as this lowball 1876 Trade dollar which in hand has original surfaces and I judge to be PO01. 1876 Trade dollar - PO01 (Raw) Weight is 25.76 grams and the coin is non-magnetic. I've never seen an image of a well worn Trade dollar so am curious about the fact that the date remains remarkably clear. Thoughts?
Edited by nickelsearcher 02/04/2018 07:03 am
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Pillar of the Community
United States
5825 Posts |
I'll agree with the PO-01. Original surfaces? For me that would require an "in hand" look.
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Pillar of the Community
United States
1261 Posts |
That is really an awesome coin! I like lowball coins too. The ones that have original color and surfaces have a charm about them. I think this is a PO-1. I compared to photograde and their examples all had strong dates as well so it must be how the coin wears. I was a little worried as the portrait is pretty well defined like the FR-2 coin but the rest of it is so worn that I think it gets that 01 grade. Really nice find...congrats!
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Bedrock of the Community
United States
94367 Posts |
Agree P-01. Remarkable example, congrats.
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Pillar of the Community
United States
1788 Posts |
Did you get this from ebay? I remember seeing one and I debated bidding on it.
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Bedrock of the Community
United States
11896 Posts |
This being a Trade dollar, I don't know where this acquired this much "honest" wear. These clearly didn't circulate much and the high silver content made it against anyone's interest to spend. You'd be losing money each time. Looks more like buffing wheel "wear" to me, perhaps to shave the coin down to the weight of a regular silver dollar.
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
Edited by numismatic student 02/04/2018 11:05 am
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Pillar of the Community
United States
8715 Posts |
Did you get this on ebay? I actually was watching the item, but I prefer a higher grade example, so I didn't participate in the auction. It was actually listed as a Seated half dollar, and sold for $78. I'm not sure if all that wear is "honest". It may have been made by some sort of machine to imitate the look of a PO-1.
Edited by SilverDollar2017 02/04/2018 11:38 am
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Rest in Peace
United States
17900 Posts |
I respect coins that did their duty, but I've never pursued them myself. A big part of coin fun is getting to pick what you like from the plethora of choices.
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Moderator
  United States
15457 Posts |
Appreciate the kind comments on the coin ... and the contrarian views are always useful as a form of calibration.  I did not read any opinions of 'counterfeit' (so far) ... which is good. This Trade dollar as I shared above is outside my usual lowball series interest. Several of you politely expressed your concerns this may be a manufactured lowball by some form of mechanical means ... The only counter to that opinion without TPG certification results are my bona fide as a successful lowball collector with several PCGS certified sets. I am the collector (and current owner) of the PCGS registry lowball #1 sets of Barber halves and Walkers ... I'm #2 in lowball Peace dollars and #3 in my true passion of circulated silver commemorative. My current lowball collection includes 83 PCGS PO01 certified examples ... the vast majority of which I had certified from raw coins. I have never had PCGS 'detail' a lowball for mechanical abrasion. All that said ... I have the coin in hand ... and those photographs are mine. With the experience as a lowball collector noted above, the coin was not mechanically manipulated to achieve it's current condition ... that would be obvious to my eye. Quote: I don't know where this acquired this much "honest" wear. I'm going with pocket piece. How do you suppose the certified lowball Ike's are created? They certainly did not circulate.  The relatively bright surfaces lend credence to this assumption. Quote:Did you get this on ebay? Does it matter? I'm confident enough in my judgement of lowball coins that this example will eventually make it's way to PCGS for their views ... I'll update the thread whenever those results are back. Please keep the comments/opinions coming.
Take a look at my other hobby ... http://www.jk-dk.art
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Pillar of the Community
United States
1475 Posts |
Very interesting piece  Keep us posted.
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Valued Member
United States
275 Posts |
I'm guessing pocket piece for the last 140 years. Nice coin!
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Pillar of the Community
United States
1261 Posts |
Awesome nickelsearcher! I have a 1921 Peace lowball in my collection that I always wanted an opinion on whether it's Fr-2 or Po-1. I may create a new topic for your opinion so be on the lookout for it!
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Pillar of the Community
United States
8715 Posts |
Quote: Does it matter? It doesn't. Just wondering if it was the same one I saw. Would be nice to have it in a PCGS PO01 holder...a great addition to a lowball collection.
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Bedrock of the Community
Canada
11922 Posts |
It looks like a PO-1 to me.
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Pillar of the Community
United States
8517 Posts |
Sweet piece !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
7375 Posts |
Looks legit to me, don't see these that often, nice pick up.
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Replies: 18 / Views: 2,051 |