1929-D Standing Liberty Quarter - Sleeper

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,739
eagle_eye_18 Valued Member United States 449 Posts	Posted 05/18/2015 1:02 pm I am interested in looking at the 1929-D Standing Liberty quarter as a sleeper coin. Could anyone share their thoughts on this subject? 1,358,000 Coins were minted making it the third lowest mintage in the entire series. The 1923-S had 2,000 more coins minted at 1,360,000 but the price for a G4 is ~$280. Could the 1929-D start to grow like the 1927-D and 1927-S? I can't imagine that the 1929-D quarter was kept by the public and I am assuming that most of these coins were dumped into circulation. Are higher grade coins a better route to go in a situation like this? Let me know what you think. Report this Post to the Staff

Gyrene7483 Pillar of the Community United States 1704 Posts	Posted 05/18/2015 2:23 pm Look at the PCGS and NGC population reports compared to other dates in the series. How many are in graded holders and in what grades are the majority of them are. A sleeper should have a lower than average number of graded coins with a value in line with other dates which are more available. Such coins will in time will be noticed and prices should adjust upward to reflect their scarcity. Report this Post to the Staff
jack jeckel Pillar of the Community United States 5207 Posts	Posted 05/18/2015 9:45 pm As an SLQ collector I can;t believe that a lot more of the series aren't more valuable. I will have to break down the mintages later but 2/3 of the series the dates wore off quickly and those that didn't were poorly struck and the date is unreadable in even fine condition, a lot of the series had less than 3 million mintage, silver coins especially dateless culls were melted during the 1980's silver boom, and since they came out just before the depression when the mintage of new coins practically ceased and the average person could not afford to hold onto a quarter let alone a cent they were FORCED to continue to circulate. Report this Post to the Staff
damcon3 Valued Member United States 93 Posts	Posted 05/18/2015 10:18 pm There are currently more than three times the amount of 1929 d quarters on ebay right now than 1923 s quarters. The average condition for the 1929 d is considerably higher on average. As always value comes from supply and demand, and unless something changes drastically I don't think you are going to see demand ever go high enough. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 05/19/2015 08:47 am Demand is driving this equation, not supply. PCGS' auction archive for this one shows a third less transactions for Denver 1929's, and only about half as many as the Philadelphia version, yet it's the San Francisco coins which command the greater premium. Except.... Word to the wise: 1929-D is about as tough as it gets in FH. Grab them if you see them. Heritage only offers two or three a year in all grades and they command a significant premium. Yes, maybe buy and hold them, but you're waiting for the collector base to expand and that may not be forthcoming. Report this Post to the Staff
terry8835 Pillar of the Community United States 1450 Posts	Posted 05/20/2015 08:38 am All these silver coins from 20th century may become more popular due to baby boomers wanting to collect them just because they saw these coins in circulation in their youth. I remember seeing LST quarters, Buffalo nickels, Mercury dimes, Liberty Walkers, wheat pennies in circulation. Most were in rough shape but they have sentimental value to many old farts. Just like old farts like to buy cars from the 50's and 60's they like the coins they saw in their youth. I do have a sweet spot for those early 20th century coins. I never had the money to collect decent coins when I was a kid and now I do. So do many others who grew up in the 50's and 60's. When I go to coin shows most of the dealers and the buyers are older. Many dealers are just there to buy gold and silver and selling coins is secondary. Report this Post to the Staff
eagle_eye_18 Valued Member United States 449 Posts	Posted 05/20/2015 08:46 am Thank you all for the great information! Report this Post to the Staff
	Replies: 6 / Views: 1,739

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.23 seconds to rattle this change.