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PCGS Begins Grading 1815 & 1825 E & L Counterstamped Bust Quarters
1TwoBits
Posts: 464 ✭✭✭✭
After all the years of only NGC grading counterstamped E & L 1815 & 1825 bust quarters, PCGS has now begun doing the same. I happened to be perusing the coins in HLRC's recent email and saw there was a PCGS graded 1815 E listed, the first example graded by PCGS. I'm glad to see PCGS now treating them like the regular counterstamped coins they've been grading all along. I think there's going to be a population increase.
Post an E or L counterstamped bust quarter if you have one.
1TwoBits
Searching for bust quarters.....counterstamps, errors, and AU-MS varieties, please let me know if you can help.
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This is neat. I do not have one to post, but helpful to know!
Has it ever been determined what the E and the L stand for? I read one theory that these were school awards for proficiency in English and Latin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Now everyone who dumped theirs will be pissed.
Now the counterfeits will be rolling out.
I recall being offered a couple of these before they became popular/slabbed.
http://www.treasurenet.com/forums/treasure-news/56169-mohawk-valley-hoard-fantastic-find.html
They were very reasonably priced at the time, basically nice high VF large sized quarters
offered at a deep discount to Bid, because of the damage.
Of course they didn't have the same appeal that the L and E quarters had either.
I do not have one but nice to know.
Awesome, this will be crossed below, looking for 50 on up. This is the 'L' which is said to more rare than the 'E'.
I do not believe it has ever been resolved as to what they stand for.
Great news - let me get out my set of antique letter punches.