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

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

  1. Barney McRae

    Barney McRae Supporter! Supporter

    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 Supporter! Supporter

    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 Supporter! Supporter

    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.
     
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  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.
     
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  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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