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1911-D Quarter Eagle... Legitimacy And Worth

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New Member

United States
1 Posts
 Posted 12/25/2010  12:00 pm Show Profile   Bookmark this topic Add Dr Guitar to your friends list Get a Link to this Message Number of Subscribers
I received from my late grandmother's estate what appears to be a slabbed 1911-D, rated by PCGS, AU55, 7943.55/1538295. The D is not particularly strong, but it IS visible with careful inspection with a magnifier. I'm no expert... My grandma put certain coins away and it appears that her late husband was a little more aggressive with his acquisitions. I'm trying to establish whether this sounds for real, what the fair market value (either via auction or ebay) might be,and what the members here would recommend as the best method of selling this coin. I have some photos and am trying to figure out a better way to present these. I also got a number of Franklin, Walking Liberty, and Kennedy halves in various states and would love advice on how to get them fairly graded and appraised.

Thanks all!

Tim
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Jaobler's Avatar
United States
6384 Posts
 Posted 12/25/2010  12:40 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hello Tim, and welcome!
PCGS provides a certificate verification service on their website and they show your coin has a legitimate cert number that matches your coin. They call it the "strong D" variety which means the mintmark is relatively sharp (even though you need a magnifier to see it!). They give a retail value of $6000 for this coin although PCGS values tend to be a bit high. Nevertheless, this is a multi-thousand-dollar coin. Truly a nice one for your Grandma to hang on to!

Your Walkers and Franklins plus any 1964 Kennedy halves are 90% silver and are worth at least bullion, which would be close to $10 each right now. Kennedys from 1965 to 1970 contain 40% silver content and are worth $3 or $4. Many Walker dates (and some Franklins in high uncirculated grade) are quite valuable so you want to make sure which are which before you sell any as bullion.

You should try going to local coin shops and show them the 1911-D and some of your other coins. Ask them what they would be willing to pay and compare your experiences at different shops. You will soon determine who is a straight shooter and who is looking to scam you. For valuable coins like your quarter eagle you can consign them to a major auction house like Heritage. That may get you the best price but it will take several months to actually get a check.

Good luck! If you stick around on this forum you might decide you just want to keep your coins. After all, they are something of a family legacy.
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cwb1877's Avatar
United States
1659 Posts
 Posted 12/25/2010  12:58 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply

to the forum!

The 1911-D Quarter Eagle is THE big one of that series. When I looked through Heritage auction archives, that date in that grade has sold for anywhere between $4K and $5K in the recent past.

Here are some links to some very reputable auction houses that regularly deal with high end coins such as yours:

http://www.ha.com/
http://www.stacks.com/
http://www.bowersandmerena.com/
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littleboy's Avatar
United States
764 Posts
 Posted 12/26/2010  12:45 pm  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
The 1911D quarter eagle often has a very weak D. A strong D is more desirable but a weak D is still worth a good amount of money.
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Joetherob's Avatar
United States
1 Posts
 Posted 01/11/2011  11:10 pm  Show Profile   Bookmark this reply Add Joetherob to your friends list Get a Link to this Reply
Most counterfiets are 1911s with an added fake mint mark. I have uploaded photos of a genuine 1911-D and a counterfeit 1911-D
Note the mint mark on the counterfeit is slightly cock-eyed. Also, this year has a thin, raised "wire" rim on the right side of the coin edge, not the left side. Outright fakes will not have this wire rim.

There are two varieties: strong D and weak D. Coin facts has photos of both, however, I'm surprised if this is slabbed by PCGS why they didn't identify the variety. I sold a similar grade strong D two years ago through B&M for $ 1,600. The coin was slightly polished and would have been worth $ 2500 if unaltered.
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