To Grade or Not to Grade... Washington Quarters

Discussion in 'US Coins Forum' started by Mark Metzger, Jun 26, 2018.

  1. Mark Metzger

    Mark Metzger Well-Known Member

    So @WashQuartJesse 's thread regarding his completed Washington quarter quest piqued my interest in a few of the better pieces from an incomplete Whitman book my son inherited. I posted a couple of these a while back, but wanted to know thoughts about sending these three off for grading. Any thoughts on what each might slab at? I have a very hard time estimating grades on Washington quarters and know it would only be cost effective on the '32 and '42S if they graded very high. Thanks for the help!
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  3. Treashunt

    Treashunt The Other Frank

    I would save your money
     
    ACE Mike likes this.
  4. ACE Mike

    ACE Mike Internet Dealer

    Don't bother on the 1942-S. Using the Greysheet, the price only increases by small increments from MS-60 (62.50) to MS-66 (140). You would need to get a MS-67 grade (500) to make it pay off.
     
  5. ACE Mike

    ACE Mike Internet Dealer

    The 1937-S about doubles from MS-60 to MS-65, so you would need a MS-66 grade to pay off there.
     
  6. ACE Mike

    ACE Mike Internet Dealer

    The 1932 (beautiful!!) is probably most likely to be worth slabbing. However you need to get a MS-65 grade on it ($200) to make it worth while. In MS-64 ($70) the grading fees would nix any profit.

    Overall, I vote with Treashunt and say save your $$.
     
  7. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    I would slab the '32. I'm guessing it would go MS64, but the toning would command a premium.
     
  8. heavycam.monstervam

    heavycam.monstervam Outlaw Trucker & Coin Hillbilly

    I'm going to go against the grain here and say submit the top 2 of those. Knowing how much you paid for those 2 would also factor in. you would need to find a dealer piggyback on his submission to keep the fees low.
    If either comes back 65 or higher would make it worthwhile . I cant really tell on my phone but it seems like a 50/50 chance
     
    C-B-D likes this.
  9. bsowa1029

    bsowa1029 Franklin Half Addict

    I agree with @Jaelus on the 32. Looks 64 to me but the toning is very very nice and PCGS maybe bump it a half or full point.
    Either way would definitely command a premium and would be worth slabbing regardless of grade, in my opinion.

    The other two I think are most likely 64 or 65 and as others have said not really worth grading.
     
    Jaelus likes this.
  10. Mark Metzger

    Mark Metzger Well-Known Member

    Here's a quick value reference for those interested (according to PCGS Online Price Guide)
    32 Plain
    MS63 $67
    MS64 $100
    MS65 $250
    MS66 $640
    1937S
    MS63 $250
    MS64 $275
    MS65 $350
    MS66 $575
    1942S
    MS63 $85
    MS64 $115
    MS65 $140
    MS66 $185
     
  11. cladking

    cladking Coin Collector

    They're all nice.

    I could se the '37-S in a 65 slab.

    ...the lower part of the cheek (jaw) might be problematical.
     
  12. gronnh20

    gronnh20 Well-Known Member

    I would slab all three of the coins since it was an inheritance.
     
  13. Mark Metzger

    Mark Metzger Well-Known Member

    That is my thinking. I'd like to fully preserve them, though I hate to pull them out of the Whitman book they are in since they were assembled by our family friend. The book is filled with similar MS pieces...though page one is nearly empty do it's not like I'd be breaking up a complete album.
     
  14. cladking

    cladking Coin Collector

    Is there any clad in it?
     
  15. Mark Metzger

    Mark Metzger Well-Known Member

    No clad. Ends at '64.
     
  16. ACE Mike

    ACE Mike Internet Dealer

    Alloy of 90% silver and 10% copper.
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins

    Enjoy them in the raw.........
     
  18. Michael K

    Michael K Well-Known Member

    The 2 key dates of the series in high grades would be worth slabbing also to show authenticity.
    But since this was an inheritance and is likely to stay in the family, there's no question if they are real and they probably could be self slabbed at very minimal cost.
     
    Cheech9712 likes this.
  19. Mark Metzger

    Mark Metzger Well-Known Member

    Ooooh, self slabbing. I kind of like that idea. I could even self slab the entire collection for a reasonable cost. Any product recommendations?
     
    Michael K likes this.
  20. green18

    green18 Unknown member Sweet on Commemorative Coins

  21. Cheech9712

    Cheech9712 Every thing is a guess

    All 3. Could be 64 on a good day IMO
     
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