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<p>[QUOTE="rld14, post: 561703, member: 16133"]Luster means a lot with regards to TPG grading of SLQs, these coins don't have big areas on the obverse where marks can detract, and due to their size bag marks aren't as big of an issue as they are with, say, Morgans.</p><p> </p><p>What is an issue, is subdued or impaired luster from these guys going swimming in dip too many times, these coins DO tone, but have a bad tendency to tone in ways that, shall we say, lack eye appeal of other issues. So you'll get them with nasty toning, they get dipped, and dipped, and dipped. I have 62s and 63s that, if they weren't overdipped would be 65+s. I have a 1919 in a Gen holder that comes to mind, it's a really nice coin, no rub, and a neat reverse lamination on the wing of the eagle and it should be at LEAST a 64FH, really a 65FH, but it's so overdipped that there's no cartwheel luster left.</p><p> </p><p>So if you see one with blazing luster, no marks... and even if it's a weak strike, you can see them in 66+ holders, the market assumes SLQs to be weakly struck and that the razor sharp coins, especially on dates that are notrious for lousy strikes (27-S) bring HUGE premiums.</p><p> </p><p>The 27-S is a great example, not only is it a key date, ESPECIALLY in higher grade, but they are also probably the most poorly struck coins in the series, I don't ever recall seeing a pic of one that was truly a fully struck example, the handful of known FHs have crappy strikes on Liberty's torso and the eagle's wings, etc...</p><p> </p><p>It's like I said earlier, a weakly struck 17-P T1 will get savaged by, say, PCGS, and that's as it should, those coins come VERY well struck as we all know, heck, I want to buy a non-FH example and can't seem to find a weakly struck one. Meanwhile, take a 27-S... if a 65FH that was FULLY struck showed up, I could see that being a $250k+ coin easily and I would expect that it would be a 63 or 64 coin in a 65 holder.</p><p> </p><p>Besides that, except for the SLIGHTEST HINT of rub, these coins are pretty easy to spot with rub on the leg, it's such a small device on the coin and so well rounded that any slight wear is pretty easy to spot if you're familiar with them.[/QUOTE]</p><p><br /></p>
[QUOTE="rld14, post: 561703, member: 16133"]Luster means a lot with regards to TPG grading of SLQs, these coins don't have big areas on the obverse where marks can detract, and due to their size bag marks aren't as big of an issue as they are with, say, Morgans. What is an issue, is subdued or impaired luster from these guys going swimming in dip too many times, these coins DO tone, but have a bad tendency to tone in ways that, shall we say, lack eye appeal of other issues. So you'll get them with nasty toning, they get dipped, and dipped, and dipped. I have 62s and 63s that, if they weren't overdipped would be 65+s. I have a 1919 in a Gen holder that comes to mind, it's a really nice coin, no rub, and a neat reverse lamination on the wing of the eagle and it should be at LEAST a 64FH, really a 65FH, but it's so overdipped that there's no cartwheel luster left. So if you see one with blazing luster, no marks... and even if it's a weak strike, you can see them in 66+ holders, the market assumes SLQs to be weakly struck and that the razor sharp coins, especially on dates that are notrious for lousy strikes (27-S) bring HUGE premiums. The 27-S is a great example, not only is it a key date, ESPECIALLY in higher grade, but they are also probably the most poorly struck coins in the series, I don't ever recall seeing a pic of one that was truly a fully struck example, the handful of known FHs have crappy strikes on Liberty's torso and the eagle's wings, etc... It's like I said earlier, a weakly struck 17-P T1 will get savaged by, say, PCGS, and that's as it should, those coins come VERY well struck as we all know, heck, I want to buy a non-FH example and can't seem to find a weakly struck one. Meanwhile, take a 27-S... if a 65FH that was FULLY struck showed up, I could see that being a $250k+ coin easily and I would expect that it would be a 63 or 64 coin in a 65 holder. Besides that, except for the SLIGHTEST HINT of rub, these coins are pretty easy to spot with rub on the leg, it's such a small device on the coin and so well rounded that any slight wear is pretty easy to spot if you're familiar with them.[/QUOTE]
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1925 SLQ: Opinions?
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