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Replies: 17 / Views: 6,727 |
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Pillar of the Community
 United States
6519 Posts |
I would like to know if you all think this is worth sending to get graded  
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Forum Dad
 United States
24150 Posts |
I'd say no, my eyes went straight to those Reed Marks on George's forehead.
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Pillar of the Community
Canada
9152 Posts |
Agree with Bobby too many hits MS63
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Pillar of the Community
 United States
8938 Posts |
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Pillar of the Community
United States
3628 Posts |
JMHO, but I wouldn't slab any West Point quarter. It just isn't (and won't be) worth it. Despite the circulation-release-only gimmick and contrived scarcity, this is still a coin with 2 million mintage. Like the 1950-D Jefferson nickels and the 1948, 1953 and 1955 Franklin half dollars, it is a relatively low mintage. Like those four coins, everyone knows it, and they are being Hoovered out of circulation. The 1950-D Jefferson Greysheets for under $20 in MS 65 and below. The three low mintage Franklins are readily available around $30 in MS 64 and bellow. I think these quarters will eventually settle in the $5 to $10 range for grades MS 66 and below.
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Bedrock of the Community
United States
94367 Posts |
MS-62, a spender. 
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Pillar of the Community
  United States
6519 Posts |
Quote: MS-62, a spender. Sorry frog I'm not spending a West Point mint mark. It's a keeper
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Pillar of the Community
United States
3402 Posts |
I would keep it but not send it in for slabbing...continue to look for more..I don't believe the W's are worth slabbing.
KK
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Valued Member
United States
133 Posts |
The head looks like the teeth from pliers. Not a send in.
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Forum Dad
 United States
24150 Posts |
It's from reeds of another coin.
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Pillar of the Community
United States
1667 Posts |
That one will grade poorly. I don't think grading a really great one is a waste of money though, people grade really nice new year coins every year and the high grades sell above the grading fees. Hang on to it and keep looking. Others will be slabbing their finds and putting them on ebay give it time and you will get a decent graded example at a decent price and let someone else foot the bill on the gamble. If it looks perfect without magnification and near perfect with magnification, it might be worth the shot at sending it in for grading for a MS68 or better. Barring that, I think there will be plenty of 63 64 65 and 66 graded by other people to buy at reasonable prices.
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Bedrock of the Community
United States
36606 Posts |
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Pillar of the Community
United States
1667 Posts |
Considering there's just over 5000 that PCGS graded already of lowell W, .25% of all lowells, it's early to tell, but nothing has graded over a MS67 so far, so MS67 is top pop with 13 examples. I doubt MS66 will settle at $8-$10 dollars unless all of a sudden, hundreds of MS67s pop up and MS68s and MS69s appear, which isn't likely either considering these won't be coming from mint sets, and there's just 2 million of each design being made, not 230 million. Absolutely Raw coins will I think be in the $8-10 category, and under MS65 likely won't be worth the grading fees in the end, but MS66 and MS67 will absolutely have a premium and worth grading. They are selling for 200-300 right now on ebay, and I don't expect that to drop much. The MS67's are selling for $1000- $2500 from any of the major grading companies. will it come down some? Yeah probably, but not all the way down to $10. Maybe $150 or so for a MS66. If you keep looking you will find a cleaner example that might be worth grading it, ideally MS66 or better I think, that one will grade low. Hard for me to gauge what NGC and ANACS are doing with the grading though, that info isn't so easy for me to find like PCGS. MS64 and MS65 seem like the very common grade, if it stays it's course I think Ideally below that won't be worth grading, but above MS65 could make you some money and be worth it, vs. a raw coin.
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Pillar of the Community
5464 Posts |
Question: Are these W quarters considered instant key dates?
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Pillar of the Community
5464 Posts |
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Pillar of the Community
1110 Posts |
Quote: Question: Are these W quarters considered instant key dates? Good question! 
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Replies: 17 / Views: 6,727 |