Old Flips OBW 1947-S Washington Quarters?
Matt04
Posts: 190 ✭✭✭
Over the past Couple Months I have bought up around 10 at this Point. What seems to be extremely old Flips with BU 1947-S Washington Quarters within them. Thought I'd share photos them with you guys. Let me know your thoughts!
Any idea around what period in time BU 1947's or quarters in general went for $3.75 as written on these?
Saved Best specimen Quarters For My Collection (Rest I sold)
Tagged:
2
Comments
Nice coins, except the one with the fingerprint (I just don't care for prints). The 2x2 don't look old to my eye. The price could be melt, retail or whatever, who knows. Having ten to choose the best is a good idea. Hope all your sets looks as nice as these.
bob
fingerprint!
if that is yours it may not be too late! acetone.
old? the staple rust is old
they melt at $6
I swear its not my fingerprint! haha. yeah ill see if I can get it off, it might be too late thought seems to have toned with the fingerprint mark!
The 1947-S is one of the lowest mintage post-1940 WQs out there, but the low mintage was always known and large numbers of rolls were hoarded at the time of release. It is also what I have historically called "the big tuna" when it comes to WQs because it ushered in the era of terrific mint frost and can come with exceptional toning.
Throughout the 1990s silver hovered from $9-$12 per ounce (generally) so these would have had about $2 silver each in them. At that period of time I was actively buying and selling singles and rolls of this date. I was also doing this for every date in the series, but only post-1940 for roll quantities. I don't recall what the old Greysheet was saying back then, but I feel like I was likely buying these at $75 or so a roll and would have happily sold individual coins for $3.75 each.
In honor of the memory of Cpl. Michael E. Thompson
I just learned something tonight. Up to now I always thought this year/mint of the Washington quarter was called, "The Big Kahuna."
peacockcoins
Six of one...half dozen of another!
Perhaps, given we are on the eve of the NFL Draft, I was thinking of the ex-New York Giants head coach, Bill Parcells, and his nickname "The Big Tuna".
In honor of the memory of Cpl. Michael E. Thompson
Thankfully you have them out of the 2x2s. Those unflattened rusty staples were worrying me.
I wouldn't necessarily take it as a given that just because the coins were marked at $3,75 each, that was generally what they were bringing.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Don't you just love those high relief staples!!
Nice coins, btw.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
love the patina but not the rust on the staples
Forger their melt value. They have a numismatic value premium simply by being 78 years old AND in high mint state condition.
I won't guess their grades but they appear to be nice coins. Would I submit to PCGS for grading? Not @$23 economy tier.
Eight staples on that one 2x2? Guess someone was worried Washington was going to wander off—lol.
The ones in the images above are lower Ms grade MS64/5 at best. The three shown above that I took out are ones I believe to be the best examples.
This includes one that I sent out for submission a month ago, which came back MS66. Still alittle upset I felt like this one could be 67 due to multiple factors. For one incredible luster and seemingly flawless to the eye, on the Trueview though closer up it seems maybe the darker marks on Washington held it back? Or the toning?
Typo correction: Forget (not forger, obviously!)
I would guess the marks at the neck combined with the luster breaks on the forehead and cheek held it back. The spot behind the braid does not help either.