What grade are they saying this coin is ? http://cgi.ebay.com/1917-S-Standing...mQQptZCoins_US_Individual?hash=item439d479c41
They are saying Brilliant Uncirculated - Full Head. (MS 60=MS 70) On the fh some standing quarters do not show detail on Liberties head. Those go for a lower price. This coin I have to question just because there is such a large money range on MS coins. Between 60 and 65 around a thousand dollars difference. And fh can have a major cost difference. Why isn't it graded?
That was my question also. Why wasn't it graded. I found a MS 62 at a dealer for half the cost. Thanks for answering, I have lots of coins and so little knowledge.
The problem is they ARE NOT grading it just labeling it! The problem is they ARE NOT grading it just labeling it! Back in the old days a grade of Gem BU would mean (to most honest dealers) an MS-65 or better coin. This coin may be a AU-55 to who knows what but a suspect it would never be an MS-65 no matter what. If you do not understand all this yet, (which is what I suspect) please keep reading and studying before you buy coins. Go and look at certified AU thru MS-65 coins and really understand this for yourself. Give your self that gift and you will not regret it. This is one of about 50,000 finer points of learning to grade coins. If not to expencive a lession go ahead and buy the coin (or one like it) if not very much and then you will be paying for a lession - the lessions I have paid for are always worth much more.
I use this site to gather the small amont of knowledge that I have. http://www.nostomania.com/servlets/com.nostomania.CatPage?name=CoinsGradingMain I also use Hallenbreck in Colorado Springs to compare coins. Trying to learn, just so much for my old mind to absorb.
Opus- Here's a great site. If you want Standing Liberty Quarters(or another US coin) you can look at photos of just those coins in different grades. http://www.pcgs.com/Photograde/
As Ben already pointed out, they are not grading the coin just giving their opinion. GEM BU means the coin is MS65 and FH means the coin has a full head. Please keep in mind that most of the 1917 T1 SLQ's on the market are FH and there is not a significant mark up for the designation for this date. This is not the type of coin you should consider buying raw unless you have extensive knowledge of the series including grading. SLQ's are tough to grade and they are very expensive. In addition this E-Bay seller is notorious for giving lofty grades to raw problem coins with enhanced photos. It would not surprise me at all if the coin in question is a cleaned MS63. Here is what a real 1917 T1 MS65 FH SLQ should look like: If you are really interested in a gem 1917 T1 SLQ, you should not buy one from E-Bay. Heritage usually has at least one in almost every signature sale. Here is a link to an eye appealing example of one in the upcoming auction although I find the mark on Liberty's ankle disturbing. http://coins.ha.com/common/view_item.php?Sale_No=1138&LotIdNo=1032
I was wondering the same thing. Why hasn't this one been sent in yet? For being this nice, it raises red flags. The seller is making a claim that can't be proved or disproved without sending it in and getting it graded. Which, by the time you would get it back from grading, there's no sending it back for a refund. There is much to know about the SLQ series. Many of them, even in high grades, have very weak details on the high points. Such as the head and the rivets around the shield. On most, these details are rarely defined. I would guess that Lehigh knows what he's talking about in that these 1917 TY 1's must have been hammered pretty good overall. This is a very detailed example of a SLQ, compared to average. The seller is trying to promote their item and have uninformed people run up the price, without techincally breaking the rules or doing anything wrong. Gem BU is thrown around A LOT on ebay with no real firm definition. It's a safe way of saying it's high grade "without knowing exactly what it is." Which with these, the difference between one point grade at these levels can be hundreds, to thousands. A Full Head designation on a slab will increase the price as well. On this one, it looks like it has a better chance of being FH than not, but we don't know. It hasn't been graded. A lot of questions with this one to be bidding it up haphazardly. Like the average ebayers will be....
IMO, the reason why the coin isn't graded, could be what Doug said. We all know the tactics of Great Southern Coin. Take pictures of coins, with excellent lighting, and one helluva camera, and some editing, and bam, that cleaned AU is a BU all over again... While it could seem like a nice coin, and flawless, and this, and that, etc... I wouldn't trust Great Southern Coin as far as I could throw em'
In case it isn't apparent, run, don't walk from GSC. Only my opinion of course. I still get their emails and enjoy looking through their sparkly, bright, touched- up photos.
