Worth of this VG/F seated quarter.

From what I heard, it is hard to find coins that old that hadn't been cleaned at one time. I also believe though there are plenty of coins that have been cleaned that people aren't aware of it. From what I understand, things fall in and out of fashion when it comes to coins including the acceptability of cleaning. Amazing thing about dirt is that it comes back after a little while. I did notice though your reasoning changed for why you think it has been cleaned after Doug21's post. The reason I said that slabbed coin might be cleaned because it looks similar to what someone tried to do to the toning of this coin below but just did a better job of it. I have also seen similar coins to it. But like I said, a lot of people think they have uncleaned coins that have been cleaned at one time when it was acceptable to do so.

 

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11 minutes left on Doug21's slabbed coin with the right dirt and no bid.

 

The reasons I changed my answer after Doug's post is that I thought his was a much better explanation. I sometimes just have a feeling about coins that they've been cleaned. It's just a gut instinct and it's hard to explain sort of. I liked his answer better than just "my gut" and thought it was a little more convincing

 

It is a rarer date and perhaps overpriced, I just meant to show what a non-cleaned coin should look like.

I will grant you that many or most of these coins are cleaned. It doesn't make them market acceptable....that's why you got it for $11.

It's a filler coin since it is damaged/ cleaned !

It is what it is, lower grade 19th century silver should look like the image i Posted.....not like somebody rubbed an eraser over it ....and missed the recessed areas like the shield on the reverse.

I'm just trying to educate you, Son ! You'll learn someday....if you stick around ?

Circulated silver coins of this era should look like the random one I posted,

No way in **** do you have dirt only in the lines of the shield....the most recessed area, C'mon...common sense !

At least Buddy is collecting coins instead being a graffiti "artist"

Buddy: Just admit the coin is cleaned, you got it cheap enough, no loss...cheese and rice, no biggie !

Original coins are best. One might dip MS coins , but VG old silver should never look like your quarter.

 

Please give it a break. It was a $11.00 coin. If you don't like us telling your coin is damaged, then don't ask us.

 

Where's that Mod guy named GDMSPQ or whatever, and some call him Doug.

If he says that coin is not cleaned....I will renounce my CT membership....and maybe even move to Costa Rica !

 

Now that's funny! I really like the "whatever" part, lol.

 

cleaned coins always sell to a discount over original coins.

An $30 original quarter might be worth $10 if cleaned....actually not really much better than junk silver to me....it sure would have melted in 1980 !

 

$11 seems about correct to me...perhaps too high if anything ?

Damaged coins / hole fillers/ cleaned coins ....do not have a nice history of returns.

I don't like what an old buddy from the 70's ( before slabs) called "Shlock".

That quarter is Shlock.

The truth can hurt ?

 

I would put this at VG10 per PCGS Photograde. I would probably pay no more than $18-$20 if I were looking to by one of these.

 

The cleaned/uncleaned argument is meaningless since with this coin (condition) it dosen't really matter. While it does not appear to have been recently cleaned, for a raw, low grade, very common problem coin worth basically melt, the surfaces look fine. Were I the OP I would be more concerned about the wear pattern, but he seems to know everything already. As for the 62-S in the link, it was deemed market acceptable.. not uncleaned. Big difference, and understanding this difference is key (although I do agree with Doug on this one). Search around and you will find coins with obvious signs of cleaning that reside in top TPG slabs. Regardless.. the point is that with this coin it does not matter. If the OP wants to continue with this, let him. The only one he will be hurting is himself.

Now Buddy, I am sorry to break it to you, but such a coin is not special and can be had for around melt. In years past when silver was not so high, sure.. it may have been worth a small premium, but that has basically disappeared. Just because it sells for more on ebay, or someone wants $X, or its old, this does not make it valuable.

In the future I will remember that there is no reason to sugar coat things with you... was just trying to be nice.

 

Where can I buy this coin at melt?

Since a couple people stated the value somewhere at the $18 -$20 range where two others stated it is worth close to melt I was wondering where I can buy a coin like this one close to melt because I would like to buy. Anyone have one similar that they want to sell at melt with the all the letters on the liberty banner visible? I will buy it from you at current melt value since I never seen any coin going close to that isn't worn to nothing with a big, gapping whole in it. Since one person stated the gray sheet value and obviously subcribes to it, I would tend to agree with them but if anyone has a full banner or close to it seated they want to sell to me for melt I will buy it.

 

Look.... go to a show, make friends, whatever, but don't look like a total newb. Many long standing B&Ms will have (or had prior to higher metal values) a bunch of common, low end LS types since they can be a good and profitable coin to pawn off on suckers. "All the history...." yada, yada, yada.

And how long have you been looking? Where? I think that this may have a little something to do with it.

Obviously.. subscribing to the CDN makes for an expert, right? Seriously though, here is a little tip for you (and free of charge).. if you want to buy/collect LS types, you might as well throw the CDN in the garbage. While a fine reference for commonly traded coins (anything in the weekly), its near worthless for Lib Seated coins other than the common and/or problem stuff, and even then it can still be a joke. Good luck to you.

 

I like buying coins at melt and would like some seated coins at melt but can't find them. If you would like to sell me one at melt at a similar condition to mine let me know. I am not going to seek it myself since I am not the one who stated the coin I posted was worth melt. If you believe this you should be able to find me one to purchase at melt. I bought this coin at melt for $5:

 

It is still ebay/ bidboard type of schlock...
World English Dictionary
schlock (ʃlɒk)

— n
1. goods or produce of cheap or inferior quality; trash

— adj
2. cheap, inferior, or trashy

[Yiddish: damaged merchandise, probably from German Schlag a blow; related to slay ]


you won't get it for melt value, you'll have to pay a buck or two over, but it is still shlock !

I have no intentions of being a Meanie....just telling you the way it is. It is a problem coin because of the cleaning, I showed you what it should look like, I'm trying to educate you. You got it for $11 because it is a problem ( cleaned) coin. I would not have paid over $6 for it,,,,have to sell it for like $10, need a profit

junk is junk,badly cleaned common enough silver coins are close to melt value.

 

Well, I said $18-$20 because that's probably what you'd get on ebay. If you sold to a dealer you'd probably get melt price. After taking a second look I think there is a strong chance that this is a problem coin and likely isn't worth much more than melt, but chances are you could get $18-$20 for it on ebay. Sell it to another collector and you probably get melt or slightly above.

It just depends on how closely the buyt looks at it. You can find them for melt on occaison but most of the time you'll end up paying at least a little over melt.


Either way I think doug and BooksB4Coins could dial down the snark a bit.

 

It doesn't matter what they say really because as I mentioned, I would like to see a similar coin I can buy at melt. There are just too many comments that make me think that their comments are unqualified anyhow. As I say before, it doesn't really matter what they say and don't believe them unless they can show me a similar coin with similar details being sold at melt, cleaned or not. Unless they have evidence to support their comments I am taking them as ego-driven, false comments. In another thread Doug21 argues about the grade given by NGC and I personally would take NGC's word over someone on the Internet. Unless proven otherwise I believe Books and Dougs comments are false. Nobody nowhere on Ebay or in a coin shop will ever sell this coin a dollar two over melt and unless they can show me evidence I simply disagree with everything they say and will no longer read their posts because their comments I don't believe.

Since I just graduated from grad school I know the importance of supporting your statements and have yet to see any support from either Books or Doug on any comments they have made. Simply make a bid on a similar coin of $1 or $2 over melt on Ebay and you willl be outbid everytime. To me, this dictates true value since it is what someoene else will actually pay for an item rather than something written on a sheet somewhere. Even every guide on the Internet places this coin at significantly higher than melt even if you downgrade it. Since neither can support their comments, I just dismiss them as ego-driven snark. I hope if Books is actually writing a book he knows to support his comments or the book will be discredited and simply not sell. So support your comments and show me a similar coin I can buy for a dollar or two over melt. I don't believe that you are able to do this. If it is valued at a couple dollars over melt I should easily be able to find one to buy and I am not talking about some amazing deal you got from someone who knows know better. Books mentioned he would "give me free advice". If you plan on charging for this advice I suggest you support your comments rather than just spout of anything.

 

I agree with you that finding this coin near melt is probably going to be a rare find and doug and books make it sound like they're everywhere. Obviously, if you could find these coins for melt on a regular basis they wouldn't be selling for significanly more everywhere.

I would defintely think you could get $18-$20 for it on ebay as things tend to go higher there, but I think most dealers would probably not give you much for a coin that might be considred a problem coin. If there is 6g of silver in them it's worth around $6-$7 for the silver and there would still be some numismatic value to consider and I can't see why you couldn't get $10-$12 from a dealer. I would say that resale value is probably $10-$20 depending on who you sell it to, ebay always seems to get you a little more on coins like this. I have even seen some fluctuations in Ebay sales on coinds similar to this one, I've seen as low as $8 and as high as $30.

 

buddy16cat, I don't think anybody is doubting you. Seated Liberty Quarters in low grades are hard to find at melt price, I'll give you that. I have only found a couple auctions on eBay where I have won them for about $1.00 over melt a piece and some looked kinda decent. They are far and few between. I think Doug21 and Books are saying most dealers would only want them for their scrap value instead of the numismatic value. I think it is worth somewhere close to where you paid for it, but it might take some convincing for a dealer to think otherwise since it isn't a key date or a better type of the series. Also I recently sold at a coin show, some lower grade seated liberty quarters like yours for about $2.00 over melt... I didn't really want them that much and I was happy with a $1.00 profit off each of them... Good luck searching for them though because they are out there, you just gotta know where to look

 

How much does it cost to get into a coin show? Can I see what these coins look like that you bought off of Ebay for close to melt? Most seated coins going for melt I see are worn to nothing, have no date, with a big hole in it. I am not talking about an amazing deal as I mentioned though, if this coin is truly valued at a dollar or two over melt, I should have not have to search very much to find one at that price. Of course there are amazing deals out there. I found a couple of Mercury dimes in a box of dimes, they cost 10 cents a piece. An average price sold for it another story. Since this coin is junk I should easily buy one with similar details, no lower, at close to melt. I need to see some evidence to support their comments since Doug thinks he is knowledgable enough to challenge NGC.