Maybe they came to IA too then. When I was buying junk I sometimes would pick through them and I must have half a roll of micro S's at least. They were so common for a while I just thought they were as common as regular S mintmarks for the year.
I talked to a very elderly collector in San Diego about 20 years ago , who actually was involved in it. Once it was discovered they raided the county banks and found about 5 full bags, and they were wholesaling them, but in 1945 without internet and the end of WWII, they could only move about 1 bag to other collectors around the country, so they cherry-picked the best and spent the rest. I bought a dealer box of about 50 or so from him , best was some sliders, but most well circulated.
I have a final tally: 10 Large S with triangle tail and top half blob 3 Large S with trumpet tail 2 Small S with regular mark 1 Large S with trumpet tail and off-set possible machine doubling So, at least the "URS" breakdowns sorta held up in the end. Sorry about the colors. Fourth picture is one of the non-blob / non-shift large S marks. Last is just flash for color balance.
I think that 1,2, and 4 should be considered together as 1st and 4th are same as 2nd, just one with MD, and others from a damaged die, AND 3rd representing the small S. Very interesting group.
I'm assuming your comment references the part that I quoted above. If that's the case, I'm confused. Aren't 2 & 4 lumped together, but 1 would be a separate group? The mint marks are different punches, I think. In any event, thanks for all of your input. That goes for everyone.
I have a difficult time saying that any of the large "S" photos are triangular tail., they look like trumpet tail punches to me. Maybe in hand under the scope to move to different angles I could be more definite either way. if you can do a photo of the best triangle tail , I will look again. jim
I clicked through all of them at the high magnification on the site, and I couldn't find one I could identify readily as a triangular tail, as all of the large "S" had to my eyes the trumpet tail where the top and bottom flares out, although some of those had damaged or partially filled bottom portion of the trumpet flair. My references seem to show the bottom rather flat with a tall triangle sitting on top of it. Maybe a local could take a look at it in hand, or someone with photos of a certified one or in their collection for comparison.
Thank you for your time and effort in helping me out, Jim. On a separate note, I found ANOTHER large s in my "circulated coins" pile. This one is clearly a trumpet tail variety, so maybe they all got distributed to Pearl Harbor.
This is my last attempt, but, basically, the group of ten look like this one. If it's not the triangle, then I agree that all of the ones I have are trumpets. I used a copy stand this time.
Much , Much better photo. It does appears to match the triangular serif in CPG on bottom of page 162, so I guess the next step is TPG for hands on authentication. Sorry if I put negative angle on it, I prefer to work from that side when something looks questionable. Best of Luck! Jim
I don't mind approaching from the side of caution. I practice the same. I just didn't understand what you were saying until I looked at the photos I had posted. I asked my buddy to borrow his copy stand, and after about 40 minutes of fiddling with lighting, that photo was the best I could muster. As for the TPGs, is it worthwhile to get all of them graded or just the 10 triangle ones?
Personally, it is up to your confidence and pocketbook. I would send one in and see how it is received. Once you have the opinion of the TPG, you can consider if it is better for you (when you wish to sell} to have all slabbed, or sell raw with the slabbed one for comparison. Nice ones. Grading a good number of a rather uncommon varieties may slew the population report such that the value may decrease, so that might also bear watching. Jim
That's kind of what I was thinking... I recalled a Antiques Roadshow episode where someone brought in some Kennedy thing... and the guy was surprised at the condition and commented that it's probably worth $25k. Then the guy said "Great! I have 25 more at home!" Then the price dropped to $300 or something.
The smart thing is if one has a hoard, they should be quiet, but many of us just has to tell others, I've been there before Jim
Looking at PCGS & NGC, I noticed that PCGS charges twice the fee for variety notation ($24 v $12). Is the market for PCGS varieties that much stronger than NGC?
Well, my local B&M said they'll sub the coins to NGC for me with attribution for $250 for five coins. That seems steep, given what the coins are actually worth, so I may have to rethink this and plan a better strategy.
Okay, so I've decided to just sign up for membership with either NGC or PCGS. I'm now on the "fence," so to speak, about what to submit to whom. Being from Hawaii, return shipping is a big deal... sorta. NGC doesn't really clarify their shipping charges to non-members. Also, they don't acknowledge the FS-503 as a variety. According to their representative, in an email I received, the FS-503 would receive the "Large Mintmark" designation without the FS number attached to it. This is *slightly* concerning, since the FS-503 should be rarer than the FS-501. Anyway, now I'm wondering if I should send the FS-503 coins (since I have so many of them) to ANACS for encapsulation. My thinking follows along these lines: Option 1 - Sign-up for NGC and submit the best two FS-501 coins, plus three other coins (probably VAMs) to fill out the five coin submission requirement on their slowest tier. Submit the FS-503 coins to ANACS along with whatever FS-501 coins remain, but limiting the submission to 10 coins for the $119 free shipping special. or Option 2 - Submit all the quarters that NGC won't specify on the holder to ANACS. Once they come back, if any are MS65+, sign up for PCGS and submit those for cross-over at MS64 or better. This option essentially equates to throwing money away to ANACS just because it's a good promotion. or Option 3 - Sign up for PCGS and submit the two best coins (one 501 and one 503) to verify my thoughts on condition and the variety.
I found a website that explains it very well (error-ref.com). Essentially, the reason that the surrounding area isn't affected is due to mint marks being taller/deeper than the images around it. As a result, there's more time for the die to move while striking the coin. They call it "Isolated Machine Doubling" on the site.