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What Do You Grade This 1923 S Standing Liberty?

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luvmyCAM's Avatar
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1479 Posts
 Posted 01/30/2024  12:29 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
Great concise post. I dusted Sliders 2 year old post off to share my journey locating and buying a 1923 S.
I went full circle coming tantalizingly close half a dozen times to good looking weak but readable 4 digit date examples. What stopped me was the price...I assumed that full date VF-30 would fall in my lap for $1,200ish an example mimicking those sexy CoinFacts VF examples.
After 7 months lurking I've concluded on the 1923 S your paying for the date not the sheild or eagle feathers and that overall TPG's are down right liberal on these.
Here's an NGC and PCGS example both graded XF with a green bean - both i.m.o. look VF so it seems CAC also gives them a bump.
I ended up winning the PCGS example at GC this Sunday for a 200 buck premium. My LCS told me last year "pay up and go XF or AU on the 1923 S you can't go wrong". Well...ahum perhaps his 50+ years in coins were correct
Images courtesy of GreatCollection and NGC


What-Do-You-Grade-This-1923-S-Standing-Liberty?
What-Do-You-Grade-This-1923-S-Standing-Liberty?
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Slider23's Avatar
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 Posted 01/30/2024  7:16 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Here is the 1923S that I picked up a couple of years ago, and paid $1380.00. I sent the coin to CAC for the green bean. I would not buy the NGC example with the scratch through the shield. A lot of good information in this thread for anyone interested in buying a 1923S.
What-Do-You-Grade-This-1923-S-Standing-Liberty?
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Coinfrog's Avatar
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 Posted 01/30/2024  7:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
A most informative thread indeed.
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Slider23's Avatar
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 Posted 01/30/2024  8:43 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I see that T-BOP has not posted in about a year. I adopted his grading standards for SLQ's. If the SLQ does not have a full date, it does not belong in the VF range.
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Coinfrog's Avatar
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 Posted 01/30/2024  8:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
T-BOP has not posted for a year?
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Slider23's Avatar
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 Posted 01/30/2024  9:15 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
T-BOP last post was 1/31/23. When I was doing my SLQ series a couple of years ago, he was a regular contributor on the SLQ.
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panzaldi's Avatar
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18700 Posts
 Posted 01/31/2024  09:18 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
looking at Slider23's CAC posted coin I can see this one at the same grade. if you are just looking at the date then I can see it a F but the overall coin looks like a solid VF to me. the scratches are another subject all together. I agree with everyone that both off those would detail the coin.
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luvmyCAM's Avatar
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 Posted 01/31/2024  09:36 am  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
Thats a good looking quarter there Slider and to get that bean with your own hands is sweet. I got wore down trying to find a full date at $1,000 - 1,300 and eventually concluded spend the money for a coin I'm content with.
CAC has looked at 88 XF40 coins and approved 12. That tells me my example (even though it looks VF) is one of the better XF coins out there...which I surmised these coins get special considerations and that Readers Digest reports that the 1923 S is not going on sale for the foreseeable future.
I had alot of fun chasing my tail round and round.
Panzaldi yes these coins look VF but the reality is there are only so many 4 digit date 1923 S quarters and at some point collectors of the series will pursue one and that they to will encounter whats discussed in post.
As for F-15 or even VF20 on these coins I'm just not in agreement. These 3 coins are representative of the better ones out there.


Edited by luvmyCAM
01/31/2024 09:46 am
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Slider23's Avatar
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 Posted 01/31/2024  10:40 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
If the OP NGC VF 25 was cracked out, I would bet CACG would grade it VF Details scratched. I seen some of the coins that CACG called scratched that were hard to find the scratches.


Quote:
CAC has looked at 88 XF40 coins and approved 12.


@luvmyCAM where did you get the information on how many coins CAC has looked at?
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luvmyCAM's Avatar
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 Posted 01/31/2024  12:18 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
I found it on cars website, way down at bottom I started at "who we are the cac story etc" and I stumbled on a bracket fill in the box form etc and entered 1923 S pcgs. It defaults to MS and shows a bunch of zeroes on 2 lines. You have to scroll scroll scroll left then numbers pop showing examples looked at and examples approved for the bean. You can also select NGC...I got distracted and closed out without looking at NGC numbers. It also tells you what the value is non CAC and CAC approved. XF-40 cac is valued at $1,800.
My impression of their site was CAC has wide open transparency.
Edited by luvmyCAM
01/31/2024 12:23 pm
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