What's the value of this 1818 Bust quarter?

Now I've really got to think about it. The bid is now $28! Hopefully it doesn't go much higher than that, though. As a collector, I want something affordable, and as a dealer, I want to both buy and sell at low prices.

 

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An 1818 quarter unless it's a train wreck is worth plenty over $28. Evenas the most common large size date

 

I think even a train wreck would be worth more. You could likely get $40 or more out of one that's holed, cleaned, corroded, scratched, and bent at the same time. That is, if you sell to an individual who wants a cull type set.

Honestly I wouldn't want one with all those problems, but I do collect problem coins.

 

Looks like it was dipped about a hundred years ago. I've seen cleaned coins re-tone with a circam look. It's "market acceptable" so it gets a pass at other TPGs but not, it appears, at CACG.

 

CAC does have expert graders on their team, so it's quits good that they could recognize it. It would likely grade as cleaned from companies like PCGS, NGC, ANACS, and possibly ICG and/or SEGS. Self-slabbers would probably grade it as VG, problem-free and sell it for about $100-150.

 

This is Circulated Cameo:
https://www.cointalk.com/threads/what-is-a-circcam-you-ask-look-and-see-and-post-yours.288335/

 

I gotta admit, that's quite the contrast. Just imagine if that actually was a proof!

Stranger things have happened. I remember a YouTube video where this guy found a worn 1971-S half dollar.

Honestly I believe that I have some circams, if I go through the collection.

 

I believe you are associating cameo with proofs, which is not necessarily the case. Proof = polished dies and struck multiple times.

 

Yeah, "cameo" originally means "having sharp contrast between foreground/subject and background". You see it in modern proofs, and some classic proofs, but also in circulated business-strike coins where the fields are darkly toned and the devices aren't.

 

I see what you mean. It is slightly possible, though, that any classic circam coin with no mint mark is an impaired proof, as Philadelphia made those until 1964. The other day, I saw a circam 1820/19 half dollar, with very dark fields but silver looking Liberty and the eagle.

 

Cir cam...not impaired proof

 

I like to let the data talk. GreatCollections has an auction archive that may help. And yes, I know the URL is crazy long but the URL is clearly "www. greatcollections.com," for those (wise folks) who don't like to click blindly.

Only a few Good Details in there and they predate CACG. But the photos may help. And the prices can be compared to the non-details version at grade to get an idea of how much a "details" designation may affect prices.

https://www.greatcollections.com/Auction-Archive-A/US-Coin-Prices/11/Quarter-Dollars/37/Capped-Bust-Quarters/5322/1818-Capped-Bust-Quarter?af_c_sorthigh=false&af_c_sortdate=true&af_c_pcgs=true&af_c_cacg=true&af_c_ngc=true&af_c_pmg=true&af_c_anacs=true&af_c_other=true&af_c_plus=true&af_c_nonplus=true&af_c_cac=true&af_c_noncac=true&af_c_ungraded=true&af_c_busi_strike=true&af_c_spec_proof=false&af_s_yearfrom=&af_s_yearto=&af_s_keywords=&af_gd_min=65&af_gd_max=65&zoomgrade=<span+style="font-size:+18px;">Ungraded/Details</span>#<span+style="font-size:+18px;">Ungraded/Details</span>

 

But you can usually tell whether a coin started out as a proof or a circulation strike, even when it's sustained some wear or damage. Squared rims, for starters, never mind die markers.

 

Have they always been that way?

 

I'm honestly not quite sure.

The final bid on the coin was $70, which is something I wouldn't pay for it, but then again, there's still a lot of Bust quarters left. I guess each person has their own coin uniqueness!