Lowball Coins revisited..........

Discussion in 'US Coins Forum' started by Barney McRae, May 6, 2024.

  1. Barney McRae

    Barney McRae Well-Known Member

    What says the gallery? :p The King of Morgans

    Went for $2400 and change this weekend.:eek::p What grade does it get? P01. details?

    1893.jpg 1893r.jpg
     
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  3. Barney McRae

    Barney McRae Well-Known Member

    Before anyone asks, no. I didn't even think about it. A coin this poor, no matter the rarity, I'm absolutely not interested. If I had inherited it, it would be the first one flipped for purchasing power for something else.
     
    Alfonso Hernandez likes this.
  4. longshot

    longshot Enthusiast Supporter

    AG3
    I don't love it but if I inherited it I'd keep it lol
     
  5. Barney McRae

    Barney McRae Well-Known Member

    That thing has been rode hard and put away wet. Looks cleaned too, as if that would help. :p
     
    SensibleSal66 likes this.
  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Most AG3 are missing evidence of the dentils. It is almost there, I suspect a G4 details grade on this one.
     
    imrich and longshot like this.
  7. Mr.Q

    Mr.Q Well-Known Member

    2024 Red Book implies VG-8, I somewhat agree.
     
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    It’s a 1893-S Morgan. Probably a AG-3 and I would have bought it at that price. This is a hard to get coin in any condition and the price does nothing but go up.
     
    KeyHunter and Tall Paul like this.
  9. -jeffB

    -jeffB Greshams LEO Supporter

    With that much of the rims present, I can't imagine it going lower than AG03. I'm not up on the conversion rates/correction factors in grading key dates, though, so I wouldn't be completely surprised at a VG grade. Amused, but not surprised.
     
  10. KBBPLL

    KBBPLL Well-Known Member

    I'm at G4 going off Photograde for a generic Morgan. Not anywhere near a "lowball" IMHO.
     
    imrich likes this.
  11. rte

    rte Well-Known Member

    I have a bunch of lowball mercury dimes.
    I bought a complete album for $60 and some off the dimes are really thin.
    I'll have to dig those out and see whats considered lowball.
     
    Alfonso Hernandez likes this.
  12. rte

    rte Well-Known Member

    Liberty V nickel worth anything in lowball.
    This probably a P001? IMG_20240507_195336782.jpg IMG_20240507_195346970.jpg
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Seems unlikely. Looks like it's suffered some corrosion/damage, but most importantly, it doesn't seem to have a legible date. Without a date or an unmistakeable variety attribution (think 1916 SLQ), a lowball is just a cull.
     
    KeyHunter likes this.
  14. rte

    rte Well-Known Member

    I was wondering if it needed a date.
    I googled lowball and there was a Kennedy half in a PCGS holder without a date.
    Graded PO01
     
  15. slackaction1

    slackaction1 Supporter! Supporter

    Its a tough one to get also, POO 1. I sent a few in to be graded hopefully POO 1 and they came back in a body bag no grade too far gone.. pee offed about it too. I got 4 or 5 more to be sent in maybe.
     
  16. slackaction1

    slackaction1 Supporter! Supporter

  17. rte

    rte Well-Known Member

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  18. -jeffB

    -jeffB Greshams LEO Supporter

    The "unmistakable variety attribution" there is that it's 90% silver, which means it's 1964, and that there is no D mint mark in the relevant location (which is sheltered/recessed enough that it would still show at this stage of wear).
     
  19. slackaction1

    slackaction1 Supporter! Supporter

    ANACS grades P 001 without date
     
    rte likes this.
  20. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    But only on coins with well-known die markers. No date P-1 coins are rare.
     
    -jeffB likes this.
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