I recently got this half dollar in a roll from a local bank. It is a 1976-D Half Dollar but is heavily worn, and I think it is a PO-1. My question is should I have it slabbed by PCGS and what do you think it is worth (besides 50 cents)? Thanks!
I do not think it is struck through grease. This piece looks like somone carried it around in thier pocket for a long time and is just natural wear
Well, I assume there are collectors looking for the lowest graded coins... and PO-1 certainly qualifies. Someone posted a CAC PO-1 earlier today.
Unfortunately, CAC doesn't sticker moderns...but it would be cool to see a Kennedy PO-1, if that's possible. And then have it Trueviewed so PCGS can add it to their Kennedy Half Photograde gallery! :thumb:
I wouldn't submit it. With such rampant gradeflation these days, the TPG's are sure to overgrade the coin and you will be left with a low end Fair-02 Kennedy Half worth 50 cents rather than an extremely valuable lowball registry set coin. Darn those TPG's, they are ruining this hobby!:devil:
I'd love to own that coin. The obverse looks FA2 but I think as the reverse is so worn, it would probably slab PO1. Very cool coin!
can someone explain "low ball collection"? i get the obvious, but what is desirable/hard to get, meaning what are the grails or key coins in any given series? is the aim to focus on moderns that are very heavily circulated and go for the lowest grade possible, or are certain series hard to find in these coinditions? i would guess those would be difficult to find.
Its like a joke collection, but people are paying real money nowadays to get the lowest, problem free graded coins they can. Its basically like anything, if someone can figure out a way to make it a competition they will. I always thought you should just take some low grade coins and start toting them around your pocket for a few year. That is how the OP piece and the rest of these were created to begin with. Btw, if anyone ever wants to start a lowball set, let me know. I have a SL half that cannot grade more than a 1. The reverse is slick, all you see is a trace of the SL on the obverse, but luckily the tops of the last 2 digits in the date. It should have been melted, but is in a pile somewhere.
Thanks guys for the warm welcome! Regarding these super low ball coins- I know it's weird and collectors must be a little 'off' for adding these to our collections but there's just something fun about them. Finding moderns in problem free highly worn condition is tough too- it's easy to deceive yourself, and I won't get into the specifics of providing evidence of such, but honestly- they're not easily faked.
Oh! And for what it's worth: The OP's coin is on its way to me as the new owner! I'll post pics once it's wrapped in PCGS plastic...