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 Replies: 8 / Views: 862 |
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Pillar of the Community
United States
878 Posts |
I see on PCGS it states a population of 83K and it says it is a relatively common coin. However, the "S" mintages for '66, '67, '68, '69, '71 have mintages between about 30k to 96k, but those years don't come close to the sort of value that seems to be associated with '72-S.
I searched on this forum and didn't find any threads on the '72-S. Did a little internet searching and have not found anything explaining what the situation is with this coin.
If anyone has any info they would care to share, it would be greatly appreciated.
Thx.
Edited by adam126402
03/23/2024 02:32 am
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Pillar of the Community
United States
2003 Posts |
While nobody can know for certain and estimates are just that, I believe the survival rate is going to be the answer to your question. Of the S minted coins you mention from 1866s to 1872s, while some may have lower actual mintage figures than the 1872S, the 1872s comes it with the lowest survival rate in all grades at 225 and rarity rating of 6.7. For PCGS to submit that it is a relatively common coin seems a bit of a contradiction when you consider the estimated survival in all grades.
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Bedrock of the Community
United States
10982 Posts |
adam126402 - You use the term "population' in your first sentence which is different from mintage figures and also different from survival numbers.
Mintage is the number of pieces originally struck at a mint. Survival numbers provide an estimate of the number of pieces still in existence today. Population refers to the number of pieces that a grading company has certified.
To me the key number is survival, not mintage or population. Some people do search for "Top Pops" or "Low Pops" but most collectors regard surviving pieces as the key of these three data points.
I think you'll find the 1872-S has the lowest survival of the dates you mention and thus, the highest value other attributes being equal. (which is rarely the case but another story).
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Bedrock of the Community
United States
94367 Posts |
That says it well. The '72-S is a very tough coin.
Edited by Coinfrog
03/23/2024 10:21 am
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Pillar of the Community
United States
3343 Posts |
"Rarest "S" mint. Rare and hard to locate in any condition. Most probably melted in 1873 creating a far greater demand than supply." -Larry Briggs' Comprehensive Encyclopedia of Liberty Seated quarters, 1991. Briggs assigns the 1872-S an R5 rarity in G/VG - rarest of all the S mint quarters 1866-1872. It is much rarer than the 1855-1865-S quarters that I collect, which are R2-R3 in G/VG condition. I respect Briggs' opinion and the market valuations, not the PCGS commentary. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
03/23/2024 09:42 am
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Pillar of the Community
 United States
878 Posts |
Thank you all for the feedback. My question was poorly written.
@THQ, you touched on what I was after and that is what the speculation is surrounding the rarity given the published mintage. Were the mintage figures wrong, or bags of 72s quarters melted down, etc. Thx.
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Pillar of the Community
Germany
1849 Posts |
This list, which I borrowed from another forum, ranks the 12 scarcest Liberty Seated quarters. The experienced collector(s) who put this list together estimate 1872-S is the scarcest S-mint Seated quarter. The list places the '72-S halfway down the list compared to the 12 scarcest quarters. 1. 1873-CC NA 2. 1871-CC 3. 1870-CC 4. 1873-CC WA 5. 1872-CC 6. 1872-S 7. 1849-O 8. 1853 NA 9. 1864-S 10. 1866-S 11. 1871-S 12. 1860-S (source: CU forum-2023) |
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Pillar of the Community
United States
3343 Posts |
NGC Census gives a better idea of the rarity. They count 27 examples of the 1872-S. By contrast my 1861-S shows 55 examples. https://www.ngccoin.com/census/unit...quarters/35/Those scarce CC quarters start at $10,000 for an AG3 1871 at Northern Nevada. In my experience people value rarity much more than they did 20 years ago. Especially for CC's. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
03/23/2024 12:06 pm
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Pillar of the Community
 United States
697 Posts |
I don't know your budget, but here's a hotlink to one currently available on David Lawrence Rare Coins. PCGS XF45. It failed to sell at auction at the reserve price set, so they're trying to sell it directly. They WILL accept less than their current asking price. Happy Hunting! Steve https://www.davidlawrence.com/inventory/762559A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996 |
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Replies: 8 / Views: 862 |
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Posted 03/23/2024 05:15 am
