Post Your Lowest Graded Problem-Free TPG Coin

Discussion in 'Coin Chat' started by geekpryde, Jul 23, 2014.

  1. KSorbo

    KSorbo Well-Known Member

    http://www.ebay.com/itm/1853-PCGS-P...84?pt=Coins_US_Individual&hash=item233a14f088

    This isn't my coin but I was intrigued when I came across it while browsing completed auctions. Is there really a market premium on lowball certified coins? I'm not sure if I would fork over 60 bucks for a coin in Poor condition that is worth no more than $20 in Good.

    However, it is probably quite uncommon for a coin to survive so much circulation and not have anything else wrong with it other than wear. I wonder if TPG's are more lenient with damage and other problems for coins in Poor condition, or if they would assign a grade of "P01 Details". I also wonder what criteria CAC uses to accept or reject a coin in P01. How could something graded that low be "nice for the grade"?

    By the way, I noticed that when you expand the PCGS price guide to show all the grades for Morgan dollars it actually has a column for P01 and the prices in it are higher than for G04...
     
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  3. Tom B

    Tom B TomB Everywhere Else

    The PR-1 cent is uber-cool and yes, the 1836 Gobrecht is a PR10.
     
  4. Mainebill

    Mainebill Bethany Danielle

    I bought that wreath cent when I was first getting serious again a few years ago was one of the first things I ever bought off ha I sent it in to cac recent cause why not and they beaned it only basil state coin I ever seen with a bean!
     
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  5. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    Only 400 of these have survived in all grades per Coin Facts. I like the slanted 55 and the big S mintmark.

    9.jpg
     
  6. dwhiz

    dwhiz Collector Supporter

    PCGS 2 in 15 and 6 lower

    007-tile.jpg
     
  7. Bart9349

    Bart9349 Junior Member

    I ask this out of ignorance:

    Some of the lower graded coins have rim nicks and other problems. But they were deemed slab-grade worthy and not "body-bagged."

    If one had an AU-problem coin that was "body-bagged slabbed" (with a rim nick or artificial toning, for example), would it be better to break the coin out, circulate it a little and get it slab-graded, but obviously with a lower grade?

    Thanks in advance,

    guy
     
    Last edited: Aug 2, 2014
  8. SPP Ottawa

    SPP Ottawa Numismatist

  9. Agilmore01

    Agilmore01 Well-Known Member

    Here is a closeup. No visible date but you can tell the year by the reverse. [​IMG]
     
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  10. Mainebill

    Mainebill Bethany Danielle

    Unless it was a 16 :)
     
  11. Mainebill

    Mainebill Bethany Danielle

    I've got a 17-s with no date in with my junk silver is got damage too
     
  12. Agilmore01

    Agilmore01 Well-Known Member

    Wrong obverse diagnostics....I wish....
     
  13. NorthKorea

    NorthKorea Dealer Member is a made up title...

    PR 1 BN. It's an $870 coin without the registry bump, right? I wonder if it would clear $1200 at the right auction. ;)
     
  14. mlov43

    mlov43 주화 수집가

    Uh, yeah... where's the date?
     
  15. Mainebill

    Mainebill Bethany Danielle

    I'd sure be happy if it did I got just shy of the first number in it is kinda cool having such a lowball in my collection as most of my coins are much higher grade. I want to upgrade it eventually tho
     
  16. Ed Sims

    Ed Sims Well-Known Member

    This is one of thirteen PCGS or NGC AU-50 graded coins in my collection. AU-50 is the lowest grade I have in a TPG holder.
    400-25c-1840-O-obv.jpg 400-25c-1840-O-rev.jpg
     
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  17. chromerunner

    chromerunner ******

    AG 3 1882 CC from NGC
    Just picked this up from another member.
    ImageUploadedByTapatalk1407079514.726330.jpg ImageUploadedByTapatalk1407079541.722105.jpg
     
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  18. mark_h

    mark_h Somewhere over the rainbow

    In a problem free hold - just a little rough.
    [​IMG]
     
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  19. mark_h

    mark_h Somewhere over the rainbow

    I think it would depend on the coin - but in most cases I would say no. It would take a lot of wear to get rid if a rim nick - rim bumps are there to say. And who is to say what is hiding under that artificial toning. I would say just get rid of the coin and get a problem free example - if they are affordable. Just my humble opinion.
     
  20. geekpryde

    geekpryde Husband and Father Moderator

    This needs a CAC sticker.
     
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  21. geekpryde

    geekpryde Husband and Father Moderator

    Here is latest, just negotiated the purchase today. G4 baby!

    1872 $1 SILVER DOLLAR - SEATED LIBERTY, MOTTO NGC G4 3414764-007 CAC Obv Slab Seller.jpg

    1872 $1 SILVER DOLLAR - SEATED LIBERTY, MOTTO NGC G4 3414764-007 CAC Rev Slab Seller.jpg
     
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