Guess the grade 1853 Seated quarter

Discussion in 'Coin Chat' started by Ed Sims, Dec 15, 2013.

  1. Ed Sims

    Ed Sims Well-Known Member

    Here is a PCGS graded 1853 Liberty Seated quarter I purchased this past summer. Can you correctly guess the grade it was assigned? I'll post a picture of the entire slab next Sunday. Good Luck!

    25c-1853A&R-obv.jpg

    25c-1853A&R-rev.jpg
     
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  3. KoinJester

    KoinJester Well-Known Member

  4. green18

    green18 Unknown member Sweet on Commemorative Coins

  5. BigTee44

    BigTee44 Well-Known Member

  6. Kirkuleez

    Kirkuleez 80 proof

  7. harris498

    harris498 Accumulator

    I'm going with 55 too.
     
  8. Sean the Coin Collector

    Sean the Coin Collector Active Member

  9. John Anthony

    John Anthony Ultracrepidarian

    That's a beautiful coin, whatever the grade.
     
  10. KoinJester

    KoinJester Well-Known Member

    I was going to go 55 but with the reverse being so nice I think they may push it up. Just my thoughts
     
  11. MAKECENTS

    MAKECENTS Active Member

    58... nice eye appeal
     
  12. Ed Sims

    Ed Sims Well-Known Member

    I was going to wait until Sunday but decided to go ahead and post the picture now.

    PCGS graded the coin AU-50. The coin was submitted to CAC and they affixed a gold bean to the slab. For those of you who don't know about the gold bean it is only given to a coin which in CAC's opinion is under graded by at least one full grade. This coin has been viewed by several dealers I know and all are in the opinion that the quarter should have been graded at least AU-53 and some thought it should have been graded AU-55.

    25c-1853A&R-slab.jpg
     
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  13. Treashunt

    Treashunt The Other Frank

    Ed

    Great pick up
     
  14. MAKECENTS

    MAKECENTS Active Member

    That is some seriously conservative grading on this coin. Either way though nice pickup and beautiful coin i love the seated quart series.
     
  15. micbraun

    micbraun coindiccted

    Can't you send the coin to PCGS for a re-evaluation?
     
  16. Ed Sims

    Ed Sims Well-Known Member

    Yes, I can send the coin in for reevaluation and that was brought up by a couple of dealers I know. The primary reason I won't is will it get a high enough grade to offset the premium I paid for it having a gold sticker on it. To do so it would have to come back at least an AU-55 and then the question is would CAC think it high end for that grade and put a green sticker on it.

    Of the 1853 arrows and rays quarters submitted to CAC two were given gold stickers, the other is an AU-55, and 92 were deemed good enough to get green stickers. Those numbers do not include the 1853-O quarters.
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins

    Wise in not over thinking it Ed....let sleeping dogs lay........scrumptious coin though. :)
     
  18. micbraun

    micbraun coindiccted

    I see... for a dealer it wouldn't make sense. As a collector I would send it in. Anyway the coin looks just great no matter which number is on the slab. Are you selling those coins online?
     
  19. Joe2007

    Joe2007 Well-Known Member

    Very nice coin! When I opened the thread I was thinking AU-55.
     
  20. JPeace$

    JPeace$ Coinaholic

    I agree with keeping at is. If you go to sell it, that gold bean will bring a premium. Especially since it's in a PCGS holder. The registry collectors will go nuts for it.

    I own a common date Morgan MS63 with a Gold Bean. I'm holding on to it for now.

    Edit to add: I'm not a "bean" collector. When I bought the coin, I agreed it was undergraded, so I added it to my collection. The gold bean was a bonus.
     
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