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<p>[QUOTE="pliskin, post: 802005, member: 23116"]Hi Everyone!</p><p> </p><p>I've been in possession of an 1864-S Seated Liberty Quarter for some time now, thanks to a very loving Great-grandfather. The coin has been treated well over the years and it is (based on my amateur assessment) in AU-55 grading. Months ago I noticed that the rim had a crease in it that ran the length of the bottom of the coin, and my first thought was this was caused by being handled in its limited circulation. However, I noticed today when I flipped it over that the coin has the exact same crease running exactly parallel to the one on the other side (essentially a crescent-shape). </p><p> </p><p>My first question is if the crease is a result of a double punch, how does it affect the value? Second, would a double punch of seated liberty quarters be common, and finally, why are the values of 1864-S coins significantly lower in high grades as opposed to, say, a more common 1859-S?</p><p> </p><p>All help would be appreciated...</p><p>-Pliskin[/QUOTE]</p><p><br /></p>
[QUOTE="pliskin, post: 802005, member: 23116"]Hi Everyone! I've been in possession of an 1864-S Seated Liberty Quarter for some time now, thanks to a very loving Great-grandfather. The coin has been treated well over the years and it is (based on my amateur assessment) in AU-55 grading. Months ago I noticed that the rim had a crease in it that ran the length of the bottom of the coin, and my first thought was this was caused by being handled in its limited circulation. However, I noticed today when I flipped it over that the coin has the exact same crease running exactly parallel to the one on the other side (essentially a crescent-shape). My first question is if the crease is a result of a double punch, how does it affect the value? Second, would a double punch of seated liberty quarters be common, and finally, why are the values of 1864-S coins significantly lower in high grades as opposed to, say, a more common 1859-S? All help would be appreciated... -Pliskin[/QUOTE]
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