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 Replies: 26 / Views: 2,612 |
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Pillar of the Community
United States
5362 Posts |
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Pillar of the Community
United States
1454 Posts |
I heard there are people actually trying to make registry sets out of these. Someone had a post going on this subject a few weeks back. I can't remember who it was though.
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Pillar of the Community
United States
1247 Posts |
Last year or the year before I was lurking in CU and there was someone doing a registry set in PO1. He was offering some big money, if I remember right, for a PO1 Ike. He didn't care how it got to PO1 even artificially as long as it was slabbed. I do something similar with clad quarters. I have a few from the 60's where the rims have worn down to "racing slicks." I'm still looking for the perfect "slick" that has no sign of reeding. But these are coins I get, usually from a laundry change machine. I'm not really willing pay a premium for them--just a curiosity thing.
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Pillar of the Community
United States
986 Posts |
Big bucks are being paid for PO-1 slabbed coins for registry sets. There are some people offering coins with the guarentee that none are graded lower!
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Pillar of the Community
United States
4589 Posts |
I have never heard of that what is PO-1, and what does it mean
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Pillar of the Community
United States
986 Posts |
PO-1 is the lowest possible grade for a coin. It stands for Poor-1, just like AG-3 and MS-64...
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Pillar of the Community
 United States
5362 Posts |
As a kid, I used to make PO-1 (or AG-3) grade coins using a belt sander and jeweler's rouge. At times I would do only one side. At other times, I used a punch set to add details to coins. One of my favorites was to use the Y punch to put a necktie on the eagle on Washington quarters. For over a year, I marked every quarter that the family got in change. I put them back into circulation in the hopes that I would get them back. But I never did. I also tried to make a complete grade set starting from a series of matching UNC quarters. I wanted to see if the grades represented uniform steps in wear between new and smooth. It never did correlate. But the edges were always new. Nothing prevents anyone from making a PO-1 coin. If it comes back AG-3 just get out the sander again and take a bit more off. I am always amused by the things that people collect. |
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Bedrock of the Community
United States
14454 Posts |
PO-01 is like getting a MS-69 , its not impossible but very hard to get one wore down enough to qualify for Po-01 and still be problem free where it will grade. I know people that pay big premiums for PCGS PO-01 slabs
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Pillar of the Community
United States
4589 Posts |
After all the time I have spent collecting I guess I never have heard of that . WOW I guess you learn something new everyday.
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Pillar of the Community
Australia
9375 Posts |
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Bedrock of the Community
United States
14454 Posts |
triggersmob, I beleive that would qualify as a PO-01
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Bedrock of the Community
United States
14454 Posts |
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Valued Member
United States
228 Posts |
Like I said in my post a couple weeks ago....I love worn coins. I actually have a slabbed Morgan in poor shape. I think it is the coolest coin in my collection.
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Pillar of the Community
United States
590 Posts |
 I don't collect them if I can afford better. Edited by Dewayne76
09/05/2006 7:00 pm
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Pillar of the Community
United States
867 Posts |
Hmmm... I've got a couple of cents that have been through a rock tumbler, I bet they would grade Poor. If someone wants to give me some big bucks so they can have them for their registry set, it'd be fine by me!  I think they're kinda cool, I used to display them on my computer at work. I would have people guess how they got that way. Rachel  |
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Pillar of the Community
Australia
1262 Posts |
Anyone collect Poor coins? I don't know about collecting poor coins.... but I do not that collecting coins makes you poor!  |
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Replies: 26 / Views: 2,612 |
Posted 09/04/2006 6:09 pm
