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<p>[QUOTE=&quot;lordmarcovan, post: 7956285, member: 10461&quot;]<i>Traditionally</i>, yes, but this does not take &quot;Lowball fever&quot; into account.</p><p><br /></p><p><b><i>If </i></b>the coin graded PO01 at PCGS (a straight grade, with no problem notation, and not FR02 or AG03, for example), then there are people who would pay silly money to acquire it.&nbsp; There is competition on the Registry for the extreme bottom end as well as the top end.&nbsp; Not quite as much, perhaps, but it&#039;s a thing.</p><p><br /></p><p>There is, I believe, not much premium or demand for the <i>other</i> really low grades.&nbsp; But if you get a PO01, it&#039;s worth something to those folks with Lowball sets.&nbsp; People will fork out money to acquire the lowest of the low, same as how they&#039;ll compete to get the highest of the high.</p><p><br /></p><p>And you can&#039;t (easily) wear one down artificially, because if it&#039;s mechanically worn down in modern times (with any kind of machinery), as opposed to naturally worn in circulation, I think the TPGs can usually detect that, and then it gets a Details (&quot;problem&quot;) notation.&nbsp; It has to be a <i>naturally</i> worn, <i>problem-free</i> PO01 to qualify.</p><p><br /></p><p>(This is what [USER=6763]@Treashunt[/USER] was getting at.&nbsp; The coin in the OP is probably a FR02 and would have to be carried in one&#039;s pocket a while to wear it down to PO01 and thus qualify as a true rock-bottom Lowball.&nbsp; And even then, it might end up too shiny and get a Details grade.&nbsp; So no shortcuts like belt sanders, etc.!)</p><p><br /></p><p>This can actually make some of the more modern issues (clads, Ike dollars, etc.) more valuable <i>as lowballs</i> than something like a Morgan dollar, since so few of them got carried as pocket pieces and worn down as far as PO01 naturally.</p><p><br /></p><p>Are there people who have tried (and maybe succeeded) in creating &quot;artificial lowballs&quot;?&nbsp; Who knows, but it wouldn&#039;t surprise me.</p><p><br /></p><p>Lowball collectors- at least the ones on the PCGS Registry- are certifiably insane.&nbsp; But I can kind of respect their madness, having been a deliberate collector of <i>holed</i> coins, myself.&nbsp; (Still, I don&#039;t waste money slabbing my &quot;holeys&quot;.)[/QUOTE]</p><p><br /></p>

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