1838 Seated Liberty Quarter - Coin Community Forum

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Author	Replies: 7 / Views: 1,141
Chancellor Sutler Pillar of the Community United States 1372 Posts	Posted 11/03/2011 5:26 pm We'll visit this one again when I get it in hand, but I think that judging by the seller's pictures, this coin will easily make EF. I found it tucked away in US Coins/other, offered as VF. This is an issue that missing by a grade makes a big difference, since it jumps from 110.00 in VF to 420.00 in EF ... PCGS has it at 675 in EF. It's a low mintage, because 1838 production of the Quarter was split between capped bust and seated pieces, and of the 466K minted, PCGS estimates that 1500 survive. I'll post good pictures when it arrives, but judging by the shield and drapery lines, I think that for 85 dollars ppd, this one's a home run. Chance Edited by Chancellor Sutler 11/03/2011 5:31 pm Report this Post to the Staff

Chewyduck Valued Member United States 158 Posts	Posted 11/03/2011 5:44 pm Very nice coin, the pics make it hard to determine if it will hit extra fine, but it will sure come close Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 11/03/2011 6:30 pm Very nice coin! For sure, post pictures when it arrives. Report this Post to the Staff
muddler Pillar of the Community United States 7197 Posts	Posted 11/03/2011 6:34 pm It looks like it will go XF to me if there are no hidden issues. Great pick up! Report this Post to the Staff
coinguybrian Rest in Peace United States 5375 Posts	Posted 11/03/2011 8:15 pm It looks XF, but cleaned. Unfortunately, even in problem free, you won't get $600+ unless its an attractive 45. Pretty good deal though. Report this Post to the Staff
Chancellor Sutler Pillar of the Community United States 1372 Posts	Posted 11/03/2011 10:18 pm I don't think that you can make the determination that a coin has been cleaned based on real brightly lit pictures. I had that 1850 Seated dollar a couple years ago....and nearly everybody said that, judging by the pictures, it had been cleaned ... except NGC. They slabbed it AU58. That said ....yes it probably has been cleaned, since 95 percent of the seated material has. I'm picking up material for longer term investment, and eventually the attitude toward material that's been reasonably cleaned ... not talking sandblaster and floor waxer here ... will lighten up. Just for entertainment purposes, do a search on ebay using terms like "cleaned" or "environmental damage" and see how it affects what folks ask for stuff. I took a "pass" on a 1917 type 1 quarter a mionth or so ago at 29.95. It was in a pcgs slab. A dealer bought it and has it back up right now, and is asking 90 dollars for it. The "environmental damage" is a bit of green on the reverse, which it seems to me would probably be pvc contamination, and I don't know why it is that they would encapsulate it at all in that case. Like it or not, for the long term, that will have to be removed. Anyways. ... it was a screamin' price for a scarce coin, regardless of the cleaning issue, and I wouldn't expect to be able to get 300 dollars for it in this economy. I'm keeping all of this stuff until the kid's show in DC is over, and the reins of government have been given back to adults with actual experience rather than ridiculous ideological dreams. Because until people are working and have money to spend, nothing's going to move especially well. Sorry about the wee bit of political diatribe, and moderators can feel free to delete that if it crosses the line. Chance Edited by Chancellor Sutler 11/03/2011 10:20 pm Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 11/03/2011 10:32 pm Don't know about the coin but I kind of like the political part. Does appear to have XF Details though. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 11/03/2011 10:56 pm Let the politics rest here, and it can rest - even though I disagree I can still see clear numismatic reasoning for the comment. This one's a straight-up lock for EF, Details or not, and may even be better in-hand. A handsome score. Report this Post to the Staff
	Replies: 7 / Views: 1,141

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