1932 D Washington Quarter

you know, it's probably a GREAT deal, but I dont think I want the headache, worrying about the legitimacy of the mark. Yea, I can get a refund bu I'll be out the shipping and grading cost to NGC and the shipping cost back to the seller and all the time and effort involved. It really sucks that people have to be dishonest. It looks to me like it has the potential to be worth at least a couple thousand and he's asking $695. And that's another red flag. Why wouldnt he have it slabbed or at least ask more for it? He could also include more close-ups, esp of the mint mark, because he has to know that worries people that know a bit about this stuff.
I asked him if itd been cleaned and he said not that he could see. I later asked if he could take a close-up pic of the mint mark early this morning and he hasnt replied. If he does and it looks good then maybe...Also, while his feedback is decent, over 1700, Id feel a tad more comfortable if it were more like 10,000+. But then again, Im not sure how much more honest that would make the seller.

GRRRRRRRR!!!

Ive been saving for some more silver bullion. I usually buy whatevers a good deal and I have a hodgepodge of stuff. Im wanting to have a significant portion of coins (rounds are from private mints, coins government mints). If I get this quarter it'll knock me back a couple weeks and the current low silver prices might move up. Of course they could move way down, but theyve been in this area for a while and I want to get a chunk of it.

 

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I think you are smart to avoid rounds and ingots/bars. Down the line, if the Crunch comes, with junk silver, you won't have to convince anybody that they're real silver. Plus silver dimes and quarters are much more convenient in commerce than 1-ounce pieces.

I don't try to trade silver's ups and downs; I would sell mine in only the most dire emergency. If your goals are (1) to maintain max liquidity and (2) to preserve the buying power of your capital, buying a coin you have less than 100% confidence in, doesn't make sense.

Having said this, you could tell the Seller you'll give him $xx extra if HE submits the coin to PCGS and it comes back clean. Then all the risk is his. If he welshes on the deal when the coin comes back, well, that's YOUR risk -- you can't make him sell.

 

i dont trade silver either. I hoard it. I save and save and when theres a good sale or if silver has been dropping and then goes sideways for a while, ill stop saving and buy. The one time i do NOT buy is when its going up fast. It has to at least go sideways for a while after its gone up. Im very much into bullion, which is free-market money and am very much AGAINST the government dictating what will be legal tender. But we dont get political here, so Ill stop. :yes:

I already do have bullion coins (silver american eagles, maple leafs, philharmonics, libertads, pre-1965 quarters, dimes, half dollars, dollars, etc), but the bulk of my silver is privately minted bars and rounds. Almost all of my gold (which isnt much compared to my silver) is coinage. I have an itty-bitty amount of private stuff, two 1/10 oz Snow White rounds and a 1 gram 'bar'.

 

This seller has some coins that are incredible. The slabbed ones are decently priced compared to everyone else and most of his unslabbed ones look close to book value. So its kinda odd to me that this 1932 d quarter that is supposedly uncirculated and from denver, is priced so low. Theres a few other 1932 d's that seem to be priced well. Also, the mint mark on this 1936 d quarter looks funny. These coins that are susceptible to fake mint marks definitely need very high-rez photography.

Here's the reverse of his 1936 d, which are a lot cheaper than the p's (if you hover over the pic and then when the enlarged version appears click on it, it should give you a decent sized pic):

 

That 1936-D ALSO has the little curvy thing between the D and O of DOLLAR. No one has satisfactorily explained this yet.

 

i commented on the fact that I googled some quarters and i saw others with it. Maybe they all have it but depends upon the angle of the shot? Maybe its just certain ones? I dunno. Id like to hear comments on it as well.

 

If it seems too good to be true....

 

Rod Stewart, Reason to Believe (1971)

"...If I listened long enough to you,
I'd find a way to believe that it's all true,
Knowing that you lied, straight-faced while I cried,
Still I look to find a reason to believe..."

 

haha good lyrics they are!