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1964 Kennedy Half PCGS PO-1 Huh?

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United States
96 Posts
 Posted 07/30/2022  07:37 am Show Profile   Bookmark this topic Add jsb to your friends list Get a Link to this Message Number of Subscribers
PCGS Says PO-01 is valued at $14. Am I missing something here ?

https://www.ebay.com/itm/374186734038
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ijn1944's Avatar
United States
19117 Posts
 Posted 07/30/2022  08:00 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
How fun. Looks like bidding began at 99 cents.
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United States
1227 Posts
 Posted 07/30/2022  08:19 am  Show Profile   Bookmark this reply Add I6609 to your friends list Get a Link to this Reply
Don't know what a po-1 is but I'm guessing a super Greaser is that correct or is it something else
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nfine's Avatar
United States
3468 Posts
 Posted 07/30/2022  08:26 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
PO-01 is lowest grade on the Sheldon grading system.

https://en.wikipedia.org/wiki/Sheld...rading_scale
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United States
1227 Posts
 Posted 07/30/2022  08:36 am  Show Profile   Bookmark this reply Add I6609 to your friends list Get a Link to this Reply
I didn't know the scale went that low thanks for information. Don't you think that the reason for the coin being what seems to be a weak strike is because of grease or because it's been around the world and back
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T-BOP's Avatar
United States
18456 Posts
 Posted 07/30/2022  08:52 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
If PCGS didn't attribute this as a genuine PO-01 Half Dollar I would swear it was intentionally worn down by artificial means .
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datadragon's Avatar
United States
1648 Posts
 Posted 07/30/2022  09:37 am  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
No you didnt miss anything, It is generally accepted that the better the condition of a coin, the greater the value/price will be for the said coin. Registry set buyers especially can drive the price of the coins far higher to complete their collection. However, lowball collectors look for one specific thing: coins that are so heavily worn down that they usually have only a basic design left. Now, this is certainly a strange way to collect, and why would anyone pay significantly more for a slick coin in a PO-01 slab than an example of the same date in an MS64 slab you may ask? Its discussed a bit in this ANA blog article such as supply and demand due to low availability of certain lowball coins. https://www.money.org/collector/use...-numismatics

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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/30/2022  10:37 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll never understand it, but there are a lot of collectors out there, and it only takes two.
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jacrispies's Avatar
United States
3848 Posts
 Posted 07/30/2022  11:17 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Certainly a pocket piece, these never circulated heavily. I'd pay $14 for it, not much more because it is just a conversation piece.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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JimmyD's Avatar
Canada
21586 Posts
 Posted 07/30/2022  11:57 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Well someone must have liked it, it just went for $305.00.
Maybe some one wanted it it for a registry set.
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IndianGoldEagle's Avatar
United States
36558 Posts
 Posted 07/30/2022  12:08 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Crazy money for a worn out pocket piece.
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datadragon's Avatar
United States
1648 Posts
 Posted 07/30/2022  12:11 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Very likely JimmyD as there are some collectors of lowball sets. Here are some lowball registry sets on PCGS including Kennedy Halfs https://www.PCGS.com/setregistry/u-...all-sets/139

Edited by datadragon
07/30/2022 12:12 pm
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Cujohn's Avatar
United States
7174 Posts
 Posted 07/30/2022  4:09 pm  Show Profile   Bookmark this reply Add Cujohn to your friends list Get a Link to this Reply
I'll never understand low ballers.
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Dearborn's Avatar
United States
94786 Posts
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Dearborn's Avatar
United States
94786 Posts
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Freespeech57's Avatar
United States
616 Posts
 Posted 07/30/2022  6:36 pm  Show Profile   Bookmark this reply Add Freespeech57 to your friends list Get a Link to this Reply
How in the world did a '64 Kennedy get so worn?
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