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In Coin Grade - What Does "Q Or Qq" Mean?

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morganman56's Avatar
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 Posted 02/24/2019  2:56 pm Show Profile   Bookmark this topic Add morganman56 to your friends list Get a Link to this Message Number of Subscribers
Hello to everyone, my first post in the forum.

I have a few raw coins that have "QQ", "Q", "PR", "PU" on the paper label of flip.

Tried to find these terms online, but not mentioned anyplace. Were these terms used in the 70-80's by collectors that are no longer used?

Will be posting some pics in future (Peace & Morgan dollars)

I have these in Safe-T flips, they are more flexible compared to the old flips they were in from the late 80's, early 1990's. Those were harder plastic, and heard these flips I have now (made with Harry Edelman name on a sticker & Safe-T) are safe for long term storage.

However, I did read that the older harder material flips are safe - and the softer material flips are the ones to avoid, but these softer flips I have might be o.k., even though they are softer feeling?


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basebal21's Avatar
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 Posted 02/24/2019  3:05 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
PR is proof, but they may have been using it in their own weird shorthand way
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Alpha2814's Avatar
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 Posted 02/24/2019  3:12 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Maybe a code for how much the original buyer paid for them? I've seen that before -- each letter stands for a digit, so they know what to ask but the buyer wouldn't necessarily know what kind of profit (if any) the seller stands to get.
Edited by Alpha2814
02/24/2019 3:12 pm
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Spence's Avatar
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 Posted 02/24/2019  3:25 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@mm56, first welcome to CCF. Second, I think that @alpha is correct as I have seen this before too.
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morganman56's Avatar
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 Posted 02/24/2019  5:13 pm  Show Profile   Bookmark this reply Add morganman56 to your friends list Get a Link to this Reply
Thanks for the replies. What do you think about the flips?
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 Posted 02/24/2019  11:09 pm  Show Profile   Bookmark this reply Add sullysullinburg to your friends list Get a Link to this Reply
Most likely was some cost formula used by a dealer, or possibly some form of inventory tracking. May also have just been someones shorthand for something that we'll never know. I've put some of my own interesting markings on 2x2s for my sake only.
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kbbpll's Avatar
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 Posted 02/25/2019  01:28 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
The old cost-coding systems were 10 letter words that were easy to remember, where each letter was unique and represented 0-9. We used PATHFINDER in the early 80s. But a word with PQRU and each letter used only once seems difficult to find, so maybe they just used 10 consecutive letters. If it really was a cost code. Do they also have prices written on them?
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 Posted 02/25/2019  07:27 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Probably the answers are as noted already.
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Coinfrog's Avatar
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 Posted 02/25/2019  08:44 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, cost codes.



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IndianGoldEagle's Avatar
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 Posted 02/28/2019  3:50 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
As mentioned, sounds like a cost code.
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