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Replies: 28 / Views: 3,437 |
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Pillar of the Community
United States
7840 Posts |
I only have three SLQ's, I only need three; Type I (bare breast/no stars underneath the eagle), II (chain mail added/three stars underneath eagle) and (unoffically) III (recessed date).  A series collection of the SLQ's is a formidable task, only 52,000 could ever be put together and who knos how many of th 1916's are not available for inclusion in one of those collections.  You are off to a great start! 
Edited by oih82w8 08/05/2015 5:30 pm
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Pillar of the Community
 United States
5828 Posts |
I have 3, and they are all type 3. On the bright side they are all different dates, so I guess it could be worse...
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Pillar of the Community
 United States
1450 Posts |
I have 29 LSQ's with condition mostly in F or VF condition. I have one in AU and a few in EF. I have very nice 1927D and 1927S and these are pretty scarce coins, but the date are protected and strong. You get to the 1923S, 1921, 1919D or 1919S it will cost between 600-1500 to get them in EF and the mintage is much higher than the 1927S. I have found the coin shows around here to have dealers who want retail prices. I do need to get out and get to the shows anyway. I can't just depend on ebay and a few LCS's.
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Pillar of the Community
United States
953 Posts |
It's the next set I'd want to complete if I was going to complete anything......these are my favorite coins, hands down.
Be careful buying sigh unseen, i'd rather look at it good and buy than get it in the mail and be surprised/disappointed.
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Bedrock of the Community
United States
12057 Posts |
Quite a few no-date and partial-date examples of many Type 2's and probably some Type 1's were melted in the mid to late 70s and a few more from 2011-2013. Most are now so scarce that you don't see them with junk silver lots, even the no-dates. I remember being able to buy rolls of "slicks" for slightly over spot. I have a 1926, 1926-S, 1927, 1929, and 1930, all circulated and raw, the best is the 1930 at a raw VF30. The market on Type 1's, scarcer date/MM combos from Type 2/3, and any FH coin is still very strong, with FH designated coins selling well all the way back into the lower AU grades. When my father was still around, he told me that even as a kid growing up in the 50s and 60s these were not common in change, and that he found IHC's and Buffalos and even V nickels more often than he found SLQ's. I lost the 1 SLQ he had saved from back then, when our family home was burglarized in the late 80s and they stole most of the silver coins (but missed or skipped the LWC's in Whitman folders.) My grandfather on my mom's side ran a body shop for 30+ years from the 50s to the 80s. He used to put aside silver he received in change back when it was still common. I inherited that, eventually - I got a roll or so of well-worn Morgan dollars and Peace dollars, a baggie full of silver Roseys & Georges, about a roll and a half of 90 & 40 kennedy's...a few IHC's, a Franklin, a few Buffaloes and exactly zero SLQ's. It would seem that they were just not all that common in circulation even back then, which makes sense given the mintages and how fast the dates wore off. I think you'd have to go back to the 30s or maybe early 40s to still find them in change. To me, any well struck, good condition, full date SLQ is a keeper, whether it's a F-12 or a MS-65.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Bedrock of the Community
United States
94367 Posts |
Always found it interesting that the mint figured out in a matter of months that the Type 1 Buffalo nickel was wearing too fast, but 3 years later they made the same mistake with the SLQ and it took them 8 years to correct it! 
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Bedrock of the Community
United States
12057 Posts |
25c was still a decent amount of money, relatively speaking, in 1916-1917. There were far, far more nickels in circulation than quarters. This had another interesting side effect: when the Morgan dollar was reintroduced in 1921, and the Peace in 1922 (technically), it dropped the interbank circulation of Walking halves substantially. This means that more AU and MS examples survived for later date Walkers than the pre-1921 coins.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Pillar of the Community
 United States
1450 Posts |
I have read that the reason Morgans were minted starting 1878 was due to pressure from the silver mining industry. Silver dollars are not really an easy way to pay for things. You put 10 Morgans in your pockets and you have about a pound of silver to carry around with you. This is why we can find them in mint condition because they just sat in vaults for 100 years. I found it quite easy to get LSQ's with dates after 1924. I think 1925 was when they started to protect the dates. I am negotiating for a 1924D now. The coin has a readable date but the guy wants 195 bucks for it. This is ebay. I see many with no dates I can read for $100 where the seller claims they are in F or VF. I just wonder how many of these coins actually exist with good and strong dates? All the LSQ's I want now are expensive in almost any condition. I have gotten the easier ones already. Now I have to grind my teeth and buy them when I can find them and when I can afford it. I have to justify to myself spending $400 for a coin with barely readable date. Speaking of Walkers it seems most before early 1920's are smooth and worn even the rare ones like 1921, 21D or 21S that command the big money. Getting one of those in AU or Unc. condition is not only expensive, but just hard to find. I know they are out there but I don't have $2700 to $8000 to buy them.
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Pillar of the Community
United States
940 Posts |
I'm an avid collector of Standing Liberty quarters. I have 11 in VF-20 or better in my collection, including 5 that are MS-63 or better (four slabbed). I selected the uncirculated ones for a combination of strike and brilliance (as little toning as possible), and my best is a 1917-P, Type 1, FH, MS-65 (NGC). I also collect these by type, and four of them are 1920 or earlier. I have no aspirations to complete a date set. My satisfactions is with owning a smaller number of choice examples. If I pushed myself to try to complete a date/mint mark set, I think I would end up with about a quarter of the set being problem coins (cleaning, damage, etc.), and that would nag at me. I love the SLQ design, and the whole renaissance-era of US coins (there is a book, for those not aware: Renaissance of American Coinage 1916-1921). However, the Walking Liberty half dollar is my overall favorite coin design.
Edited by Classic Coins 08/06/2015 10:53 pm
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Bedrock of the Community
United States
12057 Posts |
I think I'll go buy a nice high grade SLQ tonight, earlier type, since I'm not rolling in St. Gaudens money, my other favorite coin design from that era :(
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Pillar of the Community
 United States
5828 Posts |
Paralyse, it will be a long time untill I can say those words LOL! Please post pics when/if you get one!
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Bedrock of the Community
United States
12057 Posts |
COTW, if you see this, I posted in the Grading forum, the one I picked.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse 08/07/2015 02:09 am
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Pillar of the Community
 United States
1450 Posts |
I bought a 1917D type 11 for 91 dollars off ebay. It has a strong date which is what I like. Nobody else bidded on this item. I also see a 1924D for $100 from Mexico. No one else is bidding on it and it has a strong date. Is this because it is from Mexico? I am still looking for Unc. Morgans for more common dates. I would also like to complete a Buffalo nickel and Mercury dime set. These are the coins I saw wild when I was a kid. I saw very few LSQ's with dates even in the late 50's and 60's.
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Replies: 28 / Views: 3,437 |