Anyone collecting low ball com's let me know there's a seller on e bay has some that are reasonable .
I mainly want opinions on if this coin would grade or get a details grade... The rim is dented and there's a big circle that looks like PMD on the obverse... but it makes no sense. It's not a repaired hole.
How does CAC work in the case of lowball coins? Do you need to tell them that you're submitting it as a lowball? I'd think a CAC bean would have the opposite effect on the bottom end of what someone would want, since it would indicate the coin is strong for that grade.
Not at all. A green bean on a p01 coin is telling you that its a solid p01 lowball. Where it gets tricky is a gold bean on a p01 which imo would kill it. That said, I don't think I've ever seen a gold bean on a p01. I bet a gold sticker would be summarily removed from a p01 coin the second a submittor got it back lol
Actually, thinking a bit deeper on this, why would the gold bean get removed? The coin is still a P1 for registry purposes, bean or not... so it would retain some value (curio level, perhaps) even once lowball registries stopped creating demand. That's what I figured... any thoughts on what the circles are?
I thought about that but if you zoom in on your phone or tablet you'll see concentric rings and pushed metal so that removes hand punch as a possibility. It seems to be mechanical in nature
Several reasons for details: 1. Misshapen planchet does not appear to be a mint error (PMD) 2. Hole/dent thing on the front definitely PMD. 2a. This kind of damage was so often found on Large Cents; go on eBay and look up "low grade large cent lot" or something and you'll see plenty of crazy stuff like this. Any coin with any sort of PMD at all, even a slight scratch, would get a details grade. Besides, the 1876-CC is only worth a couple of dollars more than a 1876-blank, so you're not losing out on much.