1854 Seated Quarter - Will it make Poor-1?

Discussion in 'Coin Chat' started by Omegaraptor, Oct 25, 2015.

?

Grade?

  1. Poor-1

    35.7%
  2. Fair-2

    64.3%
  3. About Good-3

    0 vote(s)
    0.0%
  4. Higher

    0 vote(s)
    0.0%
  1. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    Will this 1854 quarter with arrows make the grade of Poor-1? Or should I break it out of the 2x2 and keep it in my pocket for a year or two? The reverse is promising but the boldness of the date is arguing with me. So, what do you think? Poor-1 lowball?
     

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    Last edited: Oct 25, 2015
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  3. Markus1959

    Markus1959 Well-Known Member

    Needs more whizzing lines on it! Date is kinda too readable.
     
  4. Kirkuleez

    Kirkuleez 80 proof

    PO-02. Couple of months in the pocket may get it closer.
     
    swamp yankee likes this.
  5. coinman1234

    coinman1234 Not a Well-Known Member

    Obverse looks like it could go up to AG-03, Reverse looks like PO-01. I will say FR-02 for the coin as a whole.
     
  6. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    OK, I guess I will break it out and keep it in my pocket for a while.
     
  7. Kirkuleez

    Kirkuleez 80 proof

    Why? Is there actually a market for lowball seated liberty quarters? I know there is for Morgans, but I'm not aware of any other coins that benefit from being the lowest possible grade.
     
  8. kanga

    kanga 65 Year Collector

    IMO FR-02
    Like Markus said, "Date is kinda too readable."
    And with all the apparent cleaning it may be artificial "de-hanced".
     
    swamp yankee likes this.
  9. jtlee321

    jtlee321 Well-Known Member

    Welcome to the Bizarro thread!! "That coin has far too much detail". "Put it in your pocket for a couple of months." "It will not grade as low as you want right now." I love it!! But I agree with @coinman1234 the obverse has too much detail, it's right at AG-03 and the reverse is probably at your target grade of P-01 with a final grade of FR-02. Put some duct tape over the reverse and slide it across your carpet a few times a day in random patterns for a couple of months. That should help..

    It feels so wrong giving this king of advice regarding a coin. LOL :rolleyes::eek:
     
    coinman1234 and Seattlite86 like this.
  10. swamp yankee

    swamp yankee Well-Known Member

    Just about makes "AM"=about melt
     
  11. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    You might be surprised, but coins that are extremely worn down are actually sought after by some collectors due to their historical significance.
    http://www.pcgsblog.com/jaime/news/pcgs-low-ball-coins is an 1897-S Morgan Dollar selling for $565 in Poor-1 while in MS-63 the same coin sells for under $150. Below in the comment section of that page, the buyer explains why he bought the coin.
     
  12. Kirkuleez

    Kirkuleez 80 proof

    No, people pay extra for Morgan's to compete in the most ludicrous competition ever. This is pure bragging rights for people paying high prices for coins worth a little more than melt.
     
    swamp yankee likes this.
  13. Mainebill

    Mainebill Bethany Danielle

    I'd grade it poor details cleaning. I saw a seated half last week at poor 1 cac bring xf money. Hey whatever floats your boat
     
    swamp yankee likes this.
  14. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    Next time I go to the LCS I'm going to buy a Morgan and start keeping it in my pocket.
     
  15. Mainebill

    Mainebill Bethany Danielle

    I only got 1 coin in poor 1 but is a worthy coin a wreath cent cac approved too
     
  16. kanga

    kanga 65 Year Collector

    Ah ha!!!
    The famous high end PR-01.
     
    Mainebill likes this.
  17. SuperDave

    SuperDave Free the Cartwheels!

    So far there is only interest in Morgans, Peace and Ikes in the lowball arena.
     
  18. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

  19. Sullysullinburg

    Sullysullinburg Well-Known Member

    I would be super interested in a PR01 ASE. Does such a coin even exist?
     
  20. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    I could make you one to order.
     
  21. Mike Thorne

    Mike Thorne Well-Known Member

    I think the PCGS lowball Registry Sets are just a money-making scheme by PCGS. At a recent ANA summer convention, they had the top lowball Morgan set, with almost all coins grading PO-1. So what if you have the top lowball set. What do you really have? A bunch of junk, IMO.
     
    JPeace$ likes this.
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