Another Standing Liberty Quarter / SLQ - 1918-S

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Author	Replies: 6 / Views: 982
thusdayclub Valued Member Poland 263 Posts	Posted 04/23/2013 12:52 pm Here is my newest buy, another SLQ, this time it is 1918-s. I bought it, because it seems to be "full head", I hope, that you agree with me:) Can you grade this coin for me? Details are pretty nice, but surface seems to be dirty and little scratched. You think that soaking in acetone will be necessary and can bring good effects? One more question about details - what do you think about shield? I saw on ebay auctions, that many of this year SLQ have weak rivets on the left side of the shield. Even high graded coins. This is a weak point of this vintage? I paid 43$ and I hope so this was good buy:) Edited by thusdayclub 04/23/2013 12:54 pm Report this Post to the Staff

panzaldi Bedrock of the Community United States 18732 Posts	Posted 04/23/2013 3:05 pm AU50 - cleaned. looks like full head. not sure what happened to the surfaces, they look pretty rough. not a cleaning expert but she may look better after a bath. Report this Post to the Staff
thusdayclub Valued Member Poland 263 Posts	Posted 04/23/2013 5:20 pm I put these two videos on youtube, maybe it will be easier for you to tell me, if my coin have a remains of luster and help with grade. http://www.youtube.com/watch?v=9W_-gK1jtEc http://www.youtube.com/watch?v=MNlKCrAqcKo Report this Post to the Staff
dsfreeworld Pillar of the Community United States 4337 Posts	Posted 04/23/2013 7:45 pm luster is evident in-hand in those vids it looks like an onset of environmental issues at worst with this one those spots and other mottling that is setting on makes me think this Report this Post to the Staff
thusdayclub Valued Member Poland 263 Posts	Posted 04/24/2013 2:39 pm In your opinion these "environmental issues" lower value of this coin? I saw on ebay two auctions: http://www.ebay.com/itm/Great-Estat...047675.l2557 http://www.ebay.com/itm/KEY-DATE-19...047675.l2557 These coins also have a slightly damaged area. Can you tell me why price was so high? 150$ for quarter without Full Head - bidding war? I would be grateful for more opinions about grade. Panzaldi - I finally got AU50 from you, thanks:) Report this Post to the Staff
dsfreeworld Pillar of the Community United States 4337 Posts	Posted 04/24/2013 3:31 pm Quote: In your opinion these "environmental issues" lower value of this coin? as a raw coin, maybe/maybe not. That would be determined by the person who is buying it or eyeballing it for potential transaction. If it were me, I would not offer fair market value but want to pay a reduced price. Operative word: "ME". Beauty is in the eye of the beholder my friend. As a graded coin, absolutely. If that coin were sent to a TPG, especially PCGS, and wound up coming back in a problem slab, you would lose 2/3rds the current FMV. Dark carbon spots like that coupled with how the peripherals are darkening and carbon spots are spreading, could see this coin tone darkly over time to come. TPGs are likely to consider dark, crusty toning that dulls the mint luster as a problem coin when they grade it. It might take a hundred years to get that dark so it wont matter to you at that point I could only offer my opinion, which is as subjective as the next, for grading and state that I see an AU coin with environmental damage/issues. and I'd pay $43 for that coin all day. I'm baffled at that second auction. that obverse has some nasty abrasions on the relief. Edited by dsfreeworld 04/24/2013 3:37 pm Report this Post to the Staff
panzaldi Bedrock of the Community United States 18732 Posts	Posted 04/24/2013 5:17 pm its a decent coin. for me personally, I would not place it in my collection, therefore, I would be buying it for resale at some point and would have to look at what other collectors would be willing to pay for it. I would ignore the FH and grade it conservatively as AU50. this would retail for about $90. I would then pay 50% of that to protect my investment and go with $45. exactly what dsfreeworld is saying and what you paid. all-in-all I think you made a good deal. if you hold it for a while and decide to upgrade it, I don't think you will lose anything on it Report this Post to the Staff
	Replies: 6 / Views: 982

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Another SLQ - 1918-S