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 Replies: 12 / Views: 1,632 |
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New Member
United States
2 Posts |
I'm new here, and I'm hoping you guys can lend me your expertise concerning an odd situation (for me and my friend)...
A friend of mine and myself were in a discussion about some silver coins and he mentions a quarter that he found... he was holding it because I told him pre-65 quarters were worth more for silver content, but then he told me what he had...
From our conversation, turns out he has a 1932-D quarter. He's snapping pictures as we speak and I'll post them when I get them, but after looking at the possible value of this coin, needless to say my jaw dropped. So, next thought coming to mind is getting it graded and slabbed, and this is where my question lies:
Where do I do this? Given the potential value of the coin, he's already hesitant about mailing it anywhere, so is it possible to get it graded and slabbed by walk-in anywhere? Alternatively, are there any suggestions that you guys might have for what to do next? He's not a coin collector, and neither am I, so I know he's already looking to sell, how should we proceed with this coin?
Thanks much in advance, and again, I'll post pictures when they come in...
Mike
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Pillar of the Community
United States
1534 Posts |
If it's in lower grade, then it would be worth anywhere from $100-$200, so slabbing is not really a necessity. Selling it on ebay raw should fetch near market value. Slabbing it would cost upwards of $50, and there's a good possibility that you should sell it raw. The pictures will definitely help. |
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New Member
 United States
2 Posts |
Thanks for the input. Here's links to the images he took... not the best pics but hopefully good enough..   Thanks again! |
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Pillar of the Community
United States
4846 Posts |
IMO that MM looks suspicious
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Pillar of the Community
United States
564 Posts |
Adam,
why do you question it? I would like a better picture of the "d" because that can sometimes be added to the coin to make it worth a lot more.
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Pillar of the Community
United States
1080 Posts |
For the record, many use the guideline of slabbing coins worth more than $250.
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Pillar of the Community
United States
4846 Posts |
1. it looks to thick. and
2. the black around the MM looks like it could be excess metal from soldering.
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Pillar of the Community
United States
1534 Posts |
Genuine in my opinion, after comparing it to examples off Heritage. I would sell it raw on ebay. Here is the image of the OP's coin, except much larger:  |
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Pillar of the Community
United States
2120 Posts |
Yea, the 1932-D I have in this near this grade has the same darkness around the MM. its just cause of dirt and particles that get stuck in the edge...
However, what worries me is that it seems like that is the only spot with "dirt." On mine the dirt is pretty uniform around that area of the coin. Might be worth it to take it to a dealer with a radio microscope and have him take a look for a seam on the edge of the D.
Ill keep my fingers crossed that its genuine though. Heckuva find.
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Bedrock of the Community
United States
10982 Posts |
If authentic and problem-free, the coin is worth about $300. I'll try to answer your questions. Where do I do this? ANACS does not require a membership and will authenticate and encapsulate the coin for about $30. Given the potential value of the coin, he's already hesitant about mailing it anywhere.. Insured US Mail is very safe and in the highly unlikely event the coin were lost, you'd get your money back. ...so is it possible to get it graded and slabbed by walk-in anywhere? Usually only done at major coin shows and can be pricey. Alternatively, are there any suggestions that you guys might have for what to do next? If you have a reputable coin shop in your area, take it in for an opinion. ...so I know he's already looking to sell, how should we proceed with this coin? As noted you could sell it raw on ebay but I would verify it's authenticity first. Good Luck! |
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Pillar of the Community
United States
6390 Posts |
If real it's a very nice find for someone who was merely saving "pre-65" quarters. Lucky! The added mintmark situation is very possible. I once bought a VG-grade raw '32-D that turned out to have an added mintmark, as confirmed by ICG. Fortunately my dealer was a stand-up guy and gave me a refund. Gradewise your friend's coin is approaching EF-40. Here is my '32-D, graded EF-40 by ANACS. I bought this recently on ebay for what I consider a very good price: $183. Keep in mind that was for a slabbed, authenticated example. A raw coin might bring less but you never know.   |
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Bedrock of the Community
United States
17884 Posts |
On both the 32 D and S quarters the mintmark was punched very heavily into the die. This raised a small "mound" around the mintmark in the die. The result of this is the mintmarks on the coin seem to sit in a "hole" or depression and this depression tends to collect dirt and gunk creating a ring of black around the mintmark. The general rule with these coins is if the mintmark looks "bad" it is probably good. If the mintmark looks "good" it is probably bad.
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Valued Member
United States
188 Posts |
I agree it looks, the positioning size and "blobness" for lack of a better word looks exactly like my circulated 32D. Authentic IMHO. I would not get this coin graded, but thats just me. Have a dealer check it out. If he says its and added mint mark but wants to buy it as an example, run out the door.
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Replies: 12 / Views: 1,632 |
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Posted 07/20/2010 11:21 pm
