How does one value a bust quarter error?

Bustquarterhound

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Namvet69

What error do you think you have? Sites of interest include varietyvista, mad clash dies. Check them out. Good luck.

jmlanzaf

@Namvet69 said:
What error do you think you have? Sites of interest include varietyvista, mad clash dies. Check them out. Good luck.

I assume he's referring to the Liberty.

Bustquarterhound

It's a flip over double struck

telephoto1

Nice pickup. On a piece this early, it's what the market will bear. 1806 quarters had some interesting error variants. Overdate, brockages, etc. This one is very obvious. A search of Heritage auction results may find you a comp or two.

Bustquarterhound

Thanks

BadMetal

On a piece like this, it is probably worth 3-6x the value of a normal example of this date/grade/variety.

Bustquarterhound

Thanks for the info

gumby1234

I wouldn't want it because of the harsh cleaning.

Bustquarterhound

Yes it has been cleaned. It is however the only heraldic eagle flip-over double struck piece that I'm aware of.

jayPem

@Bustquarterhound said:
Yes it has been cleaned. It is however the only heraldic eagle flip-over double struck piece that I'm aware of.

Alot of collectors here have been groomed to never look at a problem coin... its possible to see large, expensive collections where in every single coin is of very high quality and none are interesting...😅

opportunity

That's pretty interesting, but to be honest, I don't really see it bringing that much attention. I could be wrong, though. The way to find out is to put it on Ebay with no reserve.

scubafuel

Tricky to do more than guess because it all depends who’s looking when you go to sell. Probably $2-3k?

I think I’ve seen this coin before somewhere. Or my minds playing tricks on me.

Treashunt

I really like it.

I would bid.

ricko

Interesting coin.... I can only recommend research when trying to determine value. Likely a limited market, so authentication will be important. Cheers, RickO

Bustquarterhound

Scubafuel you may have seen it in the JRCS journal as we sent in a small article on it a while back

logger7

@opportunity said:
That's pretty interesting, but to be honest, I don't really see it bringing that much attention. I could be wrong, though. The way to find out is to put it on Ebay with no reserve.

I wouldn't run it without reserve unless you have oodles of followers in that niche; a reasonble reserve would keep it from getting stolen; 10 day auction ending Sunday night.

spyglassdesign

IF you did the ebay route, you are limited to $2500 raw. I'd suggest spending a small amount to get it authenticated even if it ends up in a details holder. Then you can list it for whatever you want. Or, it just might be worth consigning to heritage or great collections or similar.

Not sure I would do an auction on eBay, as reserves cost money. You can post it fixed for a price with best offer and see who bites. I think there's at least one member here who does consignment for their eBay store as well.

Good luck if you decide to sell. Sounds like there are at least a few here that would be interested!

CaptHenway

May I respectfully suggest that you get it authenticated. I cannot be sure of anything without seeing the piece, but my first impression was that this was a false die overstrike.

Bustquarterhound

CaptHenway. What is a false die overstrike?

gonzer

If it was a flip-over DS it would not have two 'L's from ' Liberty' on the obverse.

telephoto1

@gonzer said:
If it was a flip over DS it would not have two 'L's from ' Liberty's.

That's not a second L IMO. I'm fairly sure it's the E from STATES.
OP, suggest you send it in for proper attribution but it looks genuine.

Bustquarterhound

Gonzer. Actually the second L you see is the E from states and remnants of the clouds below it.

gonzer

@Bustquarterhound and @telephoto1 said:
Gonzer. Actually the second L you see is the E from states and remnants of the clouds below it.

Gotcha, thanks for the clarification.

Nysoto

A double struck draped bust quarter is difficult to value without other examples. I would also recommend TPG certification. It could realize a surprisingly strong price at auction.

As a comparison, this 1806 double struck draped bust half dollar, NCS graffiti VG details, realized $23,000 https://coins.ha.com/itm/early-half-dollars/half-dollars/1806-50c-pointed-6-stem-double-struck-obverse-graffiti-ncs-vg-details-pcgs-6071-/a/1114-1675.s?ic4=ListView-ShortDescription-071515

1TwoBits

Cool coin @Bustquarterhound, I like it! I read your article in Vol. 32 Issue 2 of the JRCS Journal with great interest since I have a few double struck draped bust, as well as capped bust Type 1 and 2 quarters. They range from rotated in collar to flip over double struck, and one must have had a coin stuck in the chamber since one side of the double struck details show partial brockage.

I agree that there seem to be fewer flip over double struck draped bust quarter examples known at this time. I think that the grade, whether the coin has been cleaned or has damage, and what is left of the double strike details all play a factor into the value of the coin. I think somewhere in the range @scubafuel mentions could be possible ($1K-$3K), but I wouldn't see it going for $23K like that very dramatic double struck bust half that @Nysoto just posted above.

Thanks for sharing!

1TwoBits

CaptHenway

@Bustquarterhound said:
CaptHenway. What is a false die overstrike?

This is all hypothetical, as I have not seen the coin.

Notice how the top of the obverse and the corresponding bottom of the reverse are flattened somewhat, especially the rim.

Take a sheet of metal and fold it over on itself. Open it back up a bit.

Take any coin and shove the edge into the fold. Imagine it is this coin and put the date in closest to the fold. Squeeze the folded piece of metal with the coin inside it in a good-sized bench vise. Some of the design of the coin, closest to the fold, will be impressed into the sheet metal, forming a false die.

Open up the folded sheet a bit, flip the coin over and put the same part of the coin back into the fold, and squeeze again. Some of the metal in the coin will be embossed up into the impressions formed during the first squeeze, leaving, in this case, an E from UNITED up in LIBERTY and part of the date on the tail feathers. The rim, being closest to the fold, can get flattened quite a bit.

Obviously you can get more or less detail depending on how large the flap of metal is and how you squeeze it.

TD

liefgold

Here is a double struck half that went for $6100. I thought that was a lot, others thought it was cheap.

spyglassdesign

@liefgold said:
Here is a double struck half that went for $6100. I thought that was a lot, others thought it was cheap.

I'd say rather cheap imo for such a rare specimen... It all depends on who is looking and how motivated they are to acquire a rare relic!

Bustquarterhound

Thanks to all who commented your thoughts are greatly appreciated. Dave