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1927-S Quarters, Soon To Gain?

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icollectyoubuy's Avatar
United States
213 Posts
 Posted 07/13/2013  5:51 pm Show Profile   Bookmark this topic Add icollectyoubuy to your friends list Get a Link to this Message Number of Subscribers
So way back there was estimated to be around 3,000-4,000 1927-S Standing Liberty quarters. I know someone who owns over 1,000 of those and counting. Does anyone else think this coin is going to go way up. The price has been pretty stable for quite some time.
Edited by icollectyoubuy
07/13/2013 5:51 pm
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CoinDan98's Avatar
United States
1053 Posts
 Posted 07/13/2013  8:34 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
Your fried owns a quarter of the WHOLE mintage?!
I don't know about value, but that's pretty impressive.
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United States
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 Posted 07/13/2013  8:54 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I have 60 or so AG to Fine examples.

I guess I can't compete.


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icollectyoubuy's Avatar
United States
213 Posts
 Posted 07/13/2013  11:45 pm  Show Profile   Bookmark this reply Add icollectyoubuy to your friends list Get a Link to this Reply
I think its real good date to go for.
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1916 D Merc's Avatar
United States
459 Posts
 Posted 07/15/2013  01:14 am  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply

Quote:
Your fried owns a quarter of the WHOLE mintage?!

Pun intended?
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vermontensium's Avatar
United States
16679 Posts
 Posted 07/15/2013  01:19 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I own 5 and there has been talk of this coin being a sleeper. This date saw a ton of circulation so higher grade examples are the true rarities.
I don't see the price increasing dramatically in the near future.
swcoin.ecrater.com
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taylor34's Avatar
United States
73 Posts
 Posted 07/15/2013  01:29 am  Show Profile   Bookmark this reply Add taylor34 to your friends list Get a Link to this Reply
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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taylor34's Avatar
United States
73 Posts
 Posted 07/15/2013  01:35 am  Show Profile   Bookmark this reply Add taylor34 to your friends list Get a Link to this Reply
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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Conder101's Avatar
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17884 Posts
 Posted 07/15/2013  08:21 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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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IndianGoldEagle's Avatar
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36741 Posts
 Posted 07/15/2013  10:09 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
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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upstate's Avatar
United States
3283 Posts
 Posted 07/15/2013  3:51 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
How does anyone have any idea what the surviving mintage is?
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Moe145's Avatar
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8904 Posts
 Posted 07/15/2013  7:29 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply

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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Tbone's Avatar
United States
1839 Posts
 Posted 07/15/2013  7:35 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
Estimated survival rates:

1927-S-Quarters,-Soon-To-Gain?
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vermontensium's Avatar
United States
16679 Posts
 Posted 07/15/2013  8:04 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
MS examples are quite elusive.
swcoin.ecrater.com
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 07/16/2013  03:25 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
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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taylor34's Avatar
United States
73 Posts
 Posted 07/16/2013  1:34 pm  Show Profile   Bookmark this reply Add taylor34 to your friends list Get a Link to this Reply
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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