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1901-S Quarter Pricing Question (Related To Grading)

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United States
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 Posted 04/10/2021  9:23 pm Show Profile   Bookmark this topic Add ElmerFlick to your friends list Get a Link to this Message Number of Subscribers
Today was a good day as I completed my Barber quarter set with this PCGS VG10 1901-S. I paid what I thought was a fair price as I havent seen any legit Vg coins of this date/mint available online anywhere recently. I do have a question - for lower grade coins that are better for the grade range such as G6, Vg10, F15, Vf30, etc. is theire a general rule of thumb for pricing - i.e. do you interpolate linearly between the next lower and higher grades to come up with a value - I know it depends, but what do most of you usually do?


1901-S-Quarter-Pricing-Question-Related-To-Grading
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Bud250r's Avatar
United States
827 Posts
 Posted 04/10/2021  9:35 pm  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
Congratulations on getting the key to the series. I really like it.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/10/2021  10:22 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The coin will sell totally on eye appeal in a TPG holder at any grade.

Can we see the reverse?
Edited by Coinfrog
04/10/2021 10:24 pm
Valued Member
United States
110 Posts
 Posted 04/10/2021  10:24 pm  Show Profile   Bookmark this reply Add ElmerFlick to your friends list Get a Link to this Reply
Thanks Bud250r. Here is the back. Coin is really uniform and I couldnt walk away without buying it.

1901-S-Quarter-Pricing-Question-Related-To-Grading
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/10/2021  10:25 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Price aside, hard to imagine a better specimen for the grade. Well done!
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 04/10/2021  10:34 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
Excellent coin smart purchase.
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 04/10/2021  11:13 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
I can't really comment on how best to price coins like that, when buying or selling, but what I feel confident in saying is that it would be nice if more VG-10s looked like that.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 04/11/2021  12:00 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
An absolute beauty of a true collectors coin.
Easily argue FINE for that one!
Edited by Pacificoin
04/11/2021 12:01 am
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NumisEd's Avatar
United States
5190 Posts
 Posted 04/11/2021  12:01 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Very, very nice coin for the grade. Congratulations on finishing your set. Any pics of the entire series?
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Ty2020b's Avatar
United States
4680 Posts
 Posted 04/11/2021  12:15 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Definitely choice for the grade, and I'd assume a shoo-in for CAC, if you're into that kind of thing. Very, very nice!
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numismatic student's Avatar
United States
11894 Posts
 Posted 04/11/2021  12:33 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Congrats on completing your set. I agree with the others that this specimen is a very good choice.
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United States
2334 Posts
 Posted 04/11/2021  02:26 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
Way to end with a bang!
Congratulations!
smat
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panzaldi's Avatar
United States
18670 Posts
 Posted 04/11/2021  10:04 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
congratulations on completing your set. I agree with the comments. this coin is choice VG10 and a good shot at F12. nice pickup.
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Slider23's Avatar
United States
4469 Posts
 Posted 04/11/2021  10:59 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
There is no rule of thumb for pricing, and your coin is difficult to price. I start with major auction house realized pricing to try to put a value on a coin. On a VG10 1901 S Barber quarter, there has not been one sold in the last 5 years at a major auction house. DLC has a VG8 1901 S CAC currently up for auction starting at 8.7K, and CAC list the coin at 10.6K, but the 10.6K appears to be high as there are 21 VG8 CAC examples. A VG8 sold in 9/19 for 7.3K. PCGS retail is 10K for a VG10, but sometimes on rare key dates the retail number can be low. I like your coin better than the DLC, CAC example. I am putting the fair value of your coin at 9.5K to 10.5K. There is a big price jump to the next F12 grade that could also add to the price to a quality VG10 example. You should send the coin into CAC for a sticker. There is a none distracting scratch under the tail feathers that could hold it back from getting a sticker. CAC has stickered 5 VG10 examples and CAC puts the price at 11.9K for a stickered example.
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 04/11/2021  12:37 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
F-12,CAC? Coin looks properly graded but not anything extrodinare above other common Barber VG10's. Here is a common date VG10 non CAC for comparison - both coins appear close to me and as for CAC approval I really don't care so big about it...when CAC stickers walk on water maybe I would take note. Your 1901 S is awesome I also need this last date mm for my set so know you must be very pleased.
1901-S-Quarter-Pricing-Question-Related-To-Grading
1901-S-Quarter-Pricing-Question-Related-To-Grading
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fortcollins's Avatar
United States
3652 Posts
 Posted 04/11/2021  6:32 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
First,
Congratulations on completing a very difficult set!

Here's the question you asked:

Quote:
for lower grade coins that are better for the grade range such as G6, Vg10, F15, Vf30, etc. is theire a general rule of thumb for pricing - i.e. do you interpolate linearly between the next lower and higher grades to come up with a value - I know it depends, but what do most of you usually do?


The Greysheet openly publishes its retail price guide. The wholesale (dealer purchase price) guide is by subscription only, and is well worth the cost. The Greysheet retail guide for the 1901-S includes all of the commonly encountered and commonly assigned grades.

This is one of the more reliable online pricing guides.

Again, great coin, solid VG-10, and congrats on completing the set!
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