Depending on the coin, I may grade it. One example is with 1839 large cents, with varieties visible, especially the silly and booby heads. Other than coins with multiple varieties clearly distinguishable for the same date, no dateless coin would ever grade a P1 in my eyes. Just slab it as genuine and leave it is what I say.
I picked these two up because I like how they look. Not registry set quality, but "about good" enough for me. Z
I'll see your Poor 1 and raise you Details! I love this one - it was my chance to acquire a 1794 half cent very affordably and honestly under magnification I enjoy - heck, I savor, the details. I frequently buy Details coins, especially in my Colonial collecting and early US Coinage because it's the only way I can afford a lot of these things. 1794 half cent - this version was only produced from 1794-1797 after the first year 1793. Mintage 81,600 - PCGS estimates 2498 survivors. PCGS lists it in G6 at $1075. I paid $177 total.
Well, confused I thought you all said collect whatever fits your fantasy. I have 20 low balls and sent some in to get the grade PO-1 Opposite end of the spectrum. If they don't make a PO-1 grade it is just put in a body bag does not grade. The real reason I purchase a few, was I have seen what they have been going for with a PO-1 grade. Mostly Morgans bought them a really cheap price so any of them grade out.. I will be Pretty again. so far 0 for 1.
How could they tell that's 1794, though? I don't think a company like NGC would make an educated guess, but maybe they knew? Seems quite puzzling. Also, can damaged coins be considered true lowball? Either way, it's an awesome deal. I've seen those in person and they're easily over $250.
They can tell by what is left of the head. That can only be a 1794 half cent. The 1795 to ‘97 pieces have a smaller, thinner head.
I can see what you're pointing out now. I think it's the wild hair that they relied on, as it does look like that the barely controllable hair (somehow in a triangle!) was bigger. Maybe Liberty got a haircut in late 1794 or early 1795!
There are several heads that appeared on the 1794 half cents. I only have one of them, which is not the one that was used on the piece above that was graded PR-01. These coins are expensive and hard to find in any nice condition, so I tend to go "whole hog" when I buy one. The "heads of 1795, 96 and 97 are much different and would be easy to spot even in low grade.
Agree. People should collect whatever they like. To the idea of slabbing an undatable coin, maybe it’s for a lowball type set?
I had someone call me tonight who is a manufacturing business owner who bought 5 figure dollar amounts of U.S. Silver coins from me in the past from my "collection". My coins were at least F-XF, and he was trying locate at least $5000 more, but was surprised at the current "pre-junk" delivered price, and wanted "junk" @ weight pricing. I told him too get some prices, that I'd "beat". I was surprised that established firms' delivered prices don't appear to be available without having a verified purchase account with a password. The pricing may only be established for a matter of minutes. WOW!!
Would rather stack MS69 / 70 graded bullion coins that get good deal on. Picked up a really nice AGB recently.