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1900 Lafayette Commem PCGS FR02

Started by saen78,

5 posts in this topic

saen78

saen78

Posted
Posted

1900 Lafayette FR02 $410 shipped

 

USPS Money Order, Check or Paypal (you cover the paypal fees). checks must clear prior to shipment. 5 Day return. Buyer is responsible for return shipping.

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DesertBlue

DesertBlue

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Posted
Not a coin guy, but why is this coin so expensive in such a low grade? I see issues graded 50 or higher for not much more on Ebay.

 

My guess is that it is driven by the PCGS "Low Ball" Registry Sets. These are sets where folks compete to assemble sets of the lowest graded coins. I don't really understand the concept, but some people are willing to pay premiums for these coins. The PCGS price guide for this coin is $400; at P1 (the lowest grade), it is $450.

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Bonds25

Bonds25

Posted
Posted
Not a coin guy, but why is this coin so expensive in such a low grade? I see issues graded 50 or higher for not much more on Ebay.

 

My guess is that it is driven by the PCGS "Low Ball" Registry Sets. These are sets where folks compete to assemble sets of the lowest graded coins. I don't really understand the concept, but some people are willing to pay premiums for these coins. The PCGS price guide for this coin is $400; at P1 (the lowest grade), it is $450.

 

lol - crazy!

 

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Mr.Mcknowitall

Mr.Mcknowitall

Posted
Posted
Not a coin guy, but why is this coin so expensive in such a low grade? I see issues graded 50 or higher for not much more on Ebay.

 

My guess is that it is driven by the PCGS "Low Ball" Registry Sets. These are sets where folks compete to assemble sets of the lowest graded coins. I don't really understand the concept, but some people are willing to pay premiums for these coins. The PCGS price guide for this coin is $400; at P1 (the lowest grade), it is $450.

 

lol - crazy!

 

It is one heck of a challenge to find such coins in a low ball grade that meet the TPG criteria. It is darn right hard, in fact. I have tried in numerous series. It can be enjoyable and stimulating and relaxing at the same time, not having to shoot for the best of the best of the best. It is in some ways more difficult to grade such coins than it is to grade the high end. In some of the series, you just can't find the coins in the low grade TPG criteria at all.

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