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 Replies: 20 / Views: 2,885 |
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Valued Member
United States
73 Posts |
3000 or 4000 survived? I would think that number would have to be way higher, just based upon ebay...there are 371 listed right now. By comparison, there are ~7 1916 quarters for sale (once you filter out all the junk, I could have missed some). So the mintage is like 8x that of the 1916, but there are 53x as many on ebay. |
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Valued Member
United States
73 Posts |
NGC has also certified 900+ of them (I'm assuming PCGS is also at that number or higher), that's almost 2k right there. Add your friends 1000, there's 3000 already.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Your fried owns a quarter of the WHOLE mintage?! That's a quarter of the SURVIVING mintage A quarter of the whole mintage would be 100K of them. I Agree though that 3,000 to 4,000 is probably way too low an estimate. |
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Bedrock of the Community
United States
36839 Posts |
If more people collected SLQ's then the price would have already sky rocketed. It boils down to the number of people needing that coin to fill a hole in an album. The serious collector will want high grade coins. Current price levels seem fair for this coin.
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Pillar of the Community
United States
3283 Posts |
How does anyone have any idea what the surviving mintage is?
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Pillar of the Community
United States
8904 Posts |
Quote:
I agree though that 3,000 to 4,000 is probably way too low an estimate. I would suspect WAY, WAY low. IMO, I would estimate close to a third of the original mintage (around 120,000) is either in personal collections, or available for sale somewhere. I also don't believe the 1927 S Standing Liberty quarter is going to skyrocket in price either. |
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Pillar of the Community
United States
1839 Posts |
Estimated survival rates:  |
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Moderator
 United States
16679 Posts |
MS examples are quite elusive.
swcoin.ecrater.com
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Pillar of the Community
United States
1704 Posts |
This is a great example of condition rarity for the mintage. As vermontesium said this date saw a lot of circulation so for investment purposes you would have to get an MS condition piece as there are to many low grade coins still readily available. Having a 1,000 of this date is going to be hard to liquidate when the time comes to sell them. Imagine the effect on the price if they were to hit the market all at once. Ed ANA LM-3175 |
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Valued Member
United States
73 Posts |
Hard to liquidate? Nah, just has to sell one a week for twenty years, lol. :) If he starts now he'll complete the liquidation by 2033.
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Pillar of the Community
United States
2077 Posts |
To say that any particular coin is undervalued and will jump in price requires time travel technology. There are plenty of coins that seem to be cheaper than you'd think they ought to be and vice versa. The only trend I've noticed is that scarcer coins tend to gain value a bit faster than common ones.
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Pillar of the Community
United States
9792 Posts |
While I will agree with experts surviving mintage's, it's pretty ard to buy into some TPG populations, who many coins are cracked out and resubmitted. A friend at PCGS say almost every time a certain gold coin gets sold it returns to them for a regrade always raw (cracked out), they can tell due to a small nick on the coin, it's a five figure coin $5.00 eagle I think. He said the TPGs population on the coin is higher than the total mintage. That happens more so on borderline grade coins where there is a tremendous price jump. So take the TPGs populations with a grain of salt.  "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Valued Member
United States
293 Posts |
Any 1927-S is at the least scarce. AG-VG are nothing to overlook. I don't think they will skyrocket tough. Now F-12 that's in the $200s of dollar area and that one could give you the most return on your money cause once you go to VF-20 the price more than triples.
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Pillar of the Community
United States
2540 Posts |
I had a friend in high school, that is in the 1960's [yeah, a long time ago] who hoarded these, believing that they were due to skyrocket.
Still waiting.
Agreed, that estimate of survivors is way too low.
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Valued Member
United States
293 Posts |
I think what hurts the 27-S in G-4 and VG-8 is that look at how much detail you CANNOT see in those grades on the Standing Liberty quarters minted from 1916-1924. People generally like their coins to match in a grade range. Another problem is in the later dates in the series from 1925-1930 most of the dates are basically 90% or junk plus silver in those grades. |
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Posted 07/15/2013 01:35 am
