Twenty-cent Piece

I picked this up today at a flea market from a vendor that deals primarily in jewlery. He described it as an 1857 quarter and sold it to me for $20. I'm interested in opinions on grade, photos are not the best (looks better in hand). I believe I got a pretty good deal, am I wrong?

 

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If the coin is genuine and it looks genuine to me you got a great deal. Lets see what some of the other forum members think.

Lou

 

Stole it, looks EF from what I'm seeing.

 

I agree.

 

holy cow, you got a steeeeaaal!!!!!!

 

Libertys head and the stars are well defined. Only the slightest wear on the eagles breast and talons. From your pic's I would say an original coin in the EF 45 range. Buy this from a dealer and expect to pay $300 or more.
You say the vendor told you it was a 1857 quarter? I can see the quarter mistake but the date is very clear.

Great find, I would visit this person more often!

Chuck

 

He have any more 1857 quarters for sale, lol?

 

from the selling prices I saw online, I guess you got a steal! You should be ashamed of yourself..go give it back!

LMAO..just teasing

 

I think he meant 1875, he just switched the two last digits around.


PS, Great deal!

 

XF-40 in the May 2007 price guide in Coins magazine is $415.00. VF-20 trends at $325.00 retail.

i give you $27.50 for it

-Steve

 

Now this is the best thread I've seen in a long long time !

The guy thought it was an 1857 quarter... although the front said 1875 and the back said TWENTY CENTS in capital letters ? :goofer:

If there is no mintmark (as appears to be the case - the photo is fuzzy), then that's very good news... the 1875-S has many times more mintage than all other issues of this series combined. That means most type collectors wind up with a '75-S, and any other issue is "better date" and worth quite a bit more.

Greysheet for '75-P - VF $280, XF $360 - twice the value of a '75-S. Personally, I would get it certified.

Great buy ! Congrats !

 

I'll buy EF Seated quarters for $20 if he has them.

 

I'm guessing mike just made a typo, 1857 instead of 1875.

 

Funny, that's the kind of coin I wouldn't bother to slab. Not quite big ticket enough, looks good,should be no problem being genuine, everybody says EF, so AU is max grade, let it breathe some fresh air.

 

Flea Markets are great!!! Wonderful Coin. :thumb: :thumb: :thumb: :thumb: :thumb:

 

My typo error, he thought it was an 1875 quarter not a 1857

 

doesn't a jeweler deal in tiny details ?

How do you miss " TWENTY CENTS" ?

 

LMAO - apparently he missed it by about 300 dollars.

-Steve

 

Follow-up: Coin Dealer here in Columbus Ohio authenticated the coin and agreed with the EF grade. He then made an offer of $300, which is the Red Book price, so SOLD for a net profit of $280.