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Lowball Lexington-Concord Half Dollar - PO-1? Update - Coin Received

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The Silver Searcher's Avatar
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 Posted 07/06/2021  12:40 pm Show Profile   Bookmark this topic Add The Silver Searcher to your friends list Get a Link to this Message Number of Subscribers
Hi all,

After following Commems, Nickelsearcher, Not Mint to Be, and Worn Out's wonderful threads and guidance on the classic commemorative coin series, I finally decided to take the plunge and buy one!

Just picked up this Lexington half, don't have it in hand yet - these are the seller's pictures.

Lowball-Lexington-Concord-Half-Dollar---PO-1?-Update---Coin-Received

Do you all have any ideas on the grade? Looking at PCGS's examples, it looks like it could go PO-01.

Looking forward to finding more circulated commemorative!

Thanks,

TSS
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Coinfrog's Avatar
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 Posted 07/06/2021  12:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Can you enlarge those pics for us?
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Keith67's Avatar
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 Posted 07/06/2021  1:04 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
I think AG-3
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commems's Avatar
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 Posted 07/06/2021  2:56 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
, it looks like it could go PO-01.

Comparing it against the AG-03 presented in the "Days of..." thread, my eyes do see more wear. It could very well grade as a FR-02, but I think a bit too much of the inscriptions can still be seen at the rim to go as low as PO-01. (This assumes it is a problem-free coin.)

nickelsearcher and Not Mint To Be are the experts here, however, so I hope either or both stop by and offer their thoughts.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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PNWType's Avatar
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 Posted 07/06/2021  4:36 pm  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply
Looks like an AG-03 to me, and a FR-02 at lowest, looking at the PCGS PO-01s myself, this has too much meat left
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nickelsearcher's Avatar
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 Posted 07/07/2021  06:00 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
This example is definitely more worn than my PCGS AG03 example previously shown.

Assuming the surfaces are original, I believe it would grade at FR02. In my judgement there is too much legend remaining for it to grade at PO01.

I'm interested in your views on the surfaces once you have the coin in hand. One of the collecting challenges for these coins in circulated state (other than availability) is surface condition. Original surface coins are the exception alas.

Best of wishes for your continued searching.

Take a look at my other hobby ... http://www.jk-dk.art
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EDM's Avatar
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292 Posts
 Posted 07/07/2021  09:10 am  Show Profile   Bookmark this reply Add EDM to your friends list Get a Link to this Reply
Personally, I'm surprized to see a commemorative half circulated to this extent. Could this be a "pocket piece"? Is there an interest in circulated commemoratives over uncirculated? My uncirculated Patriot is my second favorite to my Bennington (how often do you see a panther on a US coin?)
Edited by EDM
07/07/2021 09:11 am
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commems's Avatar
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 Posted 07/07/2021  10:58 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@EDM: Check out this thread to view a large number of well-worn US commemorative coins:

- Days of Classic US Commemorative Coins


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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The Silver Searcher's Avatar
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 Posted 07/07/2021  3:24 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
Thanks for the advice all! I'll see if I can get some better pictures once I have it in hand. Hopefully I can assess the surfaces then too.
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The Silver Searcher's Avatar
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 Posted 07/10/2021  8:50 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
Coin arrived today! Unfortunately, my picture taking skills are lacking, so the seller's pictures will have to do.

It looks great in hand, a true lowball with honest wear and good surfaces except for one thing....

The coin is bent. In retrospect, this can be seen with the pictures - I've circled the areas in red where it is unevenly worn.

Lowball-Lexington-Concord-Half-Dollar---PO-1?-Update---Coin-Received

This would probably get a details grade, then?

I'm rather disappointed, if I'm being honest. I'm considering returning it, but the likelihood of finding another of these raw in such a circulated state seems slim.

@nickelsearcher, not mint to be - would you keep such a coin in your collections?

I am torn between recouping the cost to spend on a hopefully problem free example and keeping this one as a most definitely well-circulated commemorative.

I'd appreciate any thoughts you all might have.

Thanks,

TSS
Edited by The Silver Searcher
07/10/2021 8:51 pm
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Beefer518's Avatar
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 Posted 07/11/2021  02:54 am  Show Profile   Bookmark this reply Add Beefer518 to your friends list Get a Link to this Reply
A bent coin should have been disclosed in the description. I would return it without thinking twice, and then never even consider buying from that seller again. deception is not a good thing.
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nickelsearcher's Avatar
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 Posted 07/11/2021  07:47 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply

Quote:
@nickelsearcher, not mint to be - would you keep such a coin in your collections?


Absolutely not if your long term goal is a collection of honestly circulated (problem free) examples of these tremendous coins.

When I discussed above the reality that the majority of circulated commemoratives have surface issues, it was not just prior cleaning that I was referring to.

Graffiti, cleaning, holed, wizzed, and yes even bent are all common surface conditions alas.

If the cost was minimal and you enjoy having the coin then by all means keep it. You have the privilege of setting whatever standards you wish for your collection.

To me, that is a dishonest seller who did not disclose this condition and I would send it back and block their listings.

Take a look at my other hobby ... http://www.jk-dk.art
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kenwright396's Avatar
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 Posted 07/11/2021  08:19 am  Show Profile   Bookmark this reply Add kenwright396 to your friends list Get a Link to this Reply
Since it's bent, I'd send it back.
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