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Replies: 23 / Views: 2,360 |
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Pillar of the Community
United States
7123 Posts |
Hi Shane welcome to the forum !!
Rick
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Pillar of the Community
United States
2365 Posts |
To give you a better idea about your coin. It wouldn't be worth your while to have it Graded. It looks like an 1898 S (San Francisco Mint). There were 1,020,592 of them minted. In good condition that is around $10. An AG-3 according to ANA Grading Standards are: Obverse: Head is outlined, with nearly all details worn away. Date is readable but partially worn away. Legend is merging into rim. Reverse: Entire design is partially worn away and legend merges with rim. G-4 is: Obverse: Entire design is well worn, with very little detail remaining. Legend is weak but visible. Liberty is worn away. Rim is flat but complete. Reverse: Eagle is worn flat but is completely outlined. Ribbon is worn nearly smooth. Legend is weak but visible. Rim is worn to tops of letters and incomplete in spots. If the 1896 that you saw on e-bay is an S, which I believe that it is...the RedBook shows a Good, 1896-S at a value of $675. Why? There were only 188,039 of them minted. In addition to grade, you must look at the number of coins minted as well. That will make a hugh difference in value and collectibility. Does any of this make sense to you? Let us know. I'm sorry Shane but, this coin would not grade any higher than our estimations here and would not bring you any more money if it were. Grading certainly has it's place with a key date, low mintage, quality coin but, not with this one.
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New Member
 United States
5 Posts |
Yea this makes sence, okay I was wondering why they 1896 was worth soo much...I put my coin on ebay..Maybe i'll get lucky.... Shane
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Pillar of the Community
United States
2365 Posts |
quote: Originally posted by deputy865
Yea this makes sence, okay I was wondering why they 1896 was worth soo much...I put my coin on ebay..Maybe i'll get lucky....
Shane
Just don't be too disappointed if you get less than $10 or around $10. It's a high mintage and mileage coin. You never know, that one person may be out there that needs this coin for their set! Keep showing us what you have and you'll learn the ropes rather quickly here. We're all here to help and love doing it!
Edited by dsking 08/13/2006 9:23 pm
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Forum Mom
 United States
5877 Posts |
Welcome to our CC family, Shane!  I'd say that your coin is an AG3 (Almost Good). The reason for this is that I believe that both the obverse and reverse rims need to be complete for a full Good G4 grade. Here is a link to our Coin Facts page on these coins. It will give you mintages and other info along with a cursory grading guide. Liberty Head "Barber" Quarter Coin Facts
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Pillar of the Community
United States
1582 Posts |
I've a question regarding the AG-3 grade. Is there any value placed upon a coin graded AG-3 other than the face value of the coin?
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Pillar of the Community
United States
4589 Posts |
quote: Originally posted by Ralph
I've a question regarding the AG-3 grade. Is there any value placed upon a coin graded AG-3 other than the face value of the coin?
Hello Ralph, to answer your question, most coins are not very valuable in this condition.. however there are exceptions in this paticular coin say in Ag you would maybe get $6.00 to $10.00 for it It is only has a vace value of 50 cents plus you could consider if it were not worth even that much at 12.50 grams of silver at todays silver prices that still really good . Using a 2003 price guide a large cent (Flowing hair "Chain type reverse" ) in ag is worth $1,400. so it really depends on the coin. I hope this answered your question.
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Pillar of the Community
United States
1582 Posts |
Scoutjim99 - thanks - I think. There's so much that I don't know about this hobby of our's that, sometimes when it's explained to me, I still don't grasp it. My reason for asking my original question is that I have several coins in what I would consider AG-3 based upon what I've seen, read in the Whitman book - The Official American Numismatic Association Grading Standards for United States Coins - a few of them are: Walking Liberty halves - 1916-1916D-1916S-1921-1921S are all in what I believe AG-3, as well as some of my CC Morgans. I was wondering if, in this grade, they had a collectable value, and I don't know if there is any literature listing AG-3 values. Oh, I like this hobby, and my collection too much to even consider melt value. Too much fun.- Ralph
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Pillar of the Community
United States
4589 Posts |
yes all the coins you mentioned are keys and semi keys as long as they are recognisable as to what they are. they are often sought after in this condition , because not many of us can afford these particular coins in higher grades. also you can always trade up w/ these coins and Improve upon them as you can. By no means should you consider these specific coins at melt value. I myself who collect the highest grade I can in coins would be happy to even have those coins in that condition. SO hold on to them. if you can scan them or photo graph them we could give you our opinion on grade as well.
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Pillar of the Community
United States
1582 Posts |
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Pillar of the Community
United States
1582 Posts |
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Pillar of the Community
United States
4589 Posts |
very nice Ralph all of the walkers are Ag and I think all of the Morgans are Good, except for the 1878 it is Ag with th 1883 being Vg. Your coins are very nice.
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Pillar of the Community
United States
1582 Posts |
scoutjim99 - thanks for the help. I assumed they would all come in at AG-3 - even the Morgans. The reason for my estimate for the 1883 CC Morgan was the presense of scratches across Liberty's face - figured that would bring the grade down. I'm more into building my collection than into the resale value, but I, like everyone I'm sure, would like to try and put a monetary value on my collection - personal pride, should an emergency arise, or..... However, I've never run across anything that places any value on coins that are about good, so my records show alot of blanks in the Grade column, as well as in the value column. Is there such a listing that indicates the value of the lesser grades? Ralph
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Pillar of the Community
United States
4589 Posts |
quote: Originally posted by Ralph
scoutjim99 - thanks for the help. I assumed they would all come in at AG-3 - even the Morgans. The reason for my estimate for the 1883 CC Morgan was the presense of scratches across Liberty's face - figured that would bring the grade down. I'm more into building my collection than into the resale value, but I, like everyone I'm sure, would like to try and put a monetary value on my collection - personal pride, should an emergency arise, or..... However, I've never run across anything that places any value on coins that are about good, so my records show alot of blanks in the Grade column, as well as in the value column. Is there such a listing that indicates the value of the lesser grades? Ralph
Sure we all try to put monetary value on our collection, but that is not why I collect. What I meant rather was the amount of money needed to Replace those specific coins and how hard they are to find now adays with out spending a fortune. I don't believe the scratches would detract from grade in those conditions usually only in higher grades ms-65 and above however they do need to be noted.
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Pillar of the Community
United States
1582 Posts |
Yeah, I've got that (obverse scratches) noted in the commemts column in my inventory list for that particular coin. I used Word Perfect-Quatro Pro to compile my list. I don't have Excel on my computer, but I find that Quatro Pro works fine for what I want.
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