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Dateless 1916 Standing Lib Quarter Newp (Ultimate Lowball)

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Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 12/30/2010  9:59 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
I've been away for a while, but I see some things never change. Great job Johnny!


Good to hear from you Keith; it's been a while. We miss you around here!


Quote:
Do you mind sharing the seller?


http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWNX:IT

As you can see, I'm nearly $300 into it after the value from the rest of the lot was taken out so it wasn't a total steal. My max bid was actually $515 for the lot(barely won it). I'll make a bit of profit, but It's really more fun just to be the one finding them and rescuing from being thrown in silver junk piles. This is probably one of the most affordable examples out there for someone working to complete an SLQ collection, so I'm sure there will be some demand.
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cwb1877's Avatar
United States
1659 Posts
 Posted 12/30/2010  10:09 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
I'll bet that seller is wondering what they missed. I know I would sure be wondering why a roll of SLQ's I dismissed as simply bullion sold for $300 more than it should have. LOL!

Johnny, you've got eyes like an hawk! Your prizes in these lots have been well-deserved. Knowledge is king!
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afcop13's Avatar
United States
1409 Posts
 Posted 12/31/2010  06:18 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
that seller has sold thousands of SLQ's, and I think its the same group of sellers for all three of the ones Johnny's picked. They usually have a couple dozen lots of $10 face going at a time.
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mdh157's Avatar
United States
952 Posts
 Posted 12/31/2010  08:17 am  Show Profile   Bookmark this reply Add mdh157 to your friends list Get a Link to this Reply
Does anyone remember when the previous thread was with the lengthy discussion on identifying 1916 qtrs.....I cannot find it but thought it was like 6-7 months ago
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nod2003's Avatar
United States
3294 Posts
 Posted 12/31/2010  09:31 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
If you were referring to the one I started, it would have been around Feb 2009.
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andrewjconners's Avatar
United States
497 Posts
 Posted 12/31/2010  11:24 am  Show Profile   Bookmark this reply Add andrewjconners to your friends list Get a Link to this Reply
Well if it's bullion is 300$, depending on the amount of lots you buy, wouldn't you loose money? Because you wouldn't find one every lot would you?
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johnny54321's Avatar
United States
4849 Posts
 Posted 12/31/2010  12:01 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
If you were referring to the one I started, it would have been around Feb 2009.


I thought it was in feb 2010? I found mine about a month after, and mine was march 2010.


Quote:
Well if it's bullion is 300$, depending on the amount of lots you buy, wouldn't you loose money? Because you wouldn't find one every lot would you?


I wouldnt bid that much over bullion on a lot unless I knew that the particular lot had the valuable coin. Was that your question?
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nod2003's Avatar
United States
3294 Posts
 Posted 12/31/2010  12:05 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
You are right, 2010, not 2009.
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Moe145's Avatar
United States
8904 Posts
 Posted 12/31/2010  8:56 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Johnny "Countdown", you are my hero!!





That is AWESOME news!!
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johnny54321's Avatar
United States
4849 Posts
 Posted 12/31/2010  11:41 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
that seller has sold thousands of SLQ's, and I think its the same group of sellers for all three of the ones Johnny's picked. They usually have a couple dozen lots of $10 face going at a time.


Keith, I actually half expected an email from you on this lot, as you were looking for them pretty intensely at one point.



Thanks for all the comments! I guess I am kind of on a lucky streak here. It certainly won't last forever.

In the future, If one of you guys thinks they found one before hidden in a lot before I do, you can feel free to shoot me an email for my opinion. I promise not to bid on the lot if it wasn't one I was already watching. Contrary to what you all may believe, I dont look carefully at every 40 lot auction, and there are certainly others out there undiscovered. I would love to see another forum member cherry pick one for his collection at some point.


Here is a little junk quarter collage. The first one(on the left) was the strongest(still have it in my collection), yet they have steadily been getting weaker. At this rate, if I find another one, the only thing left will be the lock of liberty's hair.

Dateless-1916-Standing-Lib-Quarter-Newp-Ultimate-Lowball
Edited by johnny54321
12/31/2010 11:44 pm
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afcop13's Avatar
United States
1409 Posts
 Posted 01/02/2011  12:07 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
Johnny - I let my guard down for a while because there were SO many lots in between with NOTHING I needed.....and missed out.

Great job. I'm still 5 shy of my SLQ set............
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andrewjconners's Avatar
United States
497 Posts
 Posted 01/02/2011  11:14 am  Show Profile   Bookmark this reply Add andrewjconners to your friends list Get a Link to this Reply
My question, you paid $500 correct? The silver value of the coins is only $223.60. So if you kept buying these lots, youd pay 300$ over the melt and not every lot would have one of the prized coins? So in the long run you would probably end up loosing if you did this constant? Please tell me if I missunderstand something.
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johnny54321's Avatar
United States
4849 Posts
 Posted 01/02/2011  1:13 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
My question, you paid $500 correct? The silver value of the coins is only $223.60. So if you kept buying these lots, youd pay 300$ over the melt and not every lot would have one of the prized coins? So in the long run you would probably end up loosing if you did this constant? Please tell me if I missunderstand something.


Yes, you are misunderstanding. Each lot has a small picture of each of the 40 coins within it. I wouldnt bid that high if I wasn't quite confident that I could see a dateless 16 in the lot I was bidding on. If you look at the link, and look 1 over from the bottom right coin, you will see the dateless 16.
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johnny54321's Avatar
United States
4849 Posts
 Posted 01/02/2011  11:32 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Maybe I should send mine to PCGS instead. This PCGS PO-01 just sold for $1,100! Granted its a bit stronger than mine, but I was only expecting $600-$800.

http://cgi.ebay.com/1916-Standing-L...em19c219c1e7
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lewbo's Avatar
United States
58 Posts
 Posted 01/03/2011  12:32 am  Show Profile   Bookmark this reply Add lewbo to your friends list Get a Link to this Reply
I learned a lot from reading this thread, I will start looking much closer ar SLQ's.
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