1927-S Quarters
mbbiker
Posts: 2,873 ✭
Do you think that a 1927-S SLQ is a good investment in grades G-VG. Looking at the prices it seems they can only go up Give me your thoughts
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TRUTH
1: RARITY- How rare is it? How replaceable is it? How often do I see this date and grade available?
2: EYE APPEAL- When walking around on the bourse floor at the thousands of coins in the displays. There is that one coin that clearly blows the others away in eye appeal. That is the coin that everyone is going to want and that is the coin that will be in the highest demand.
We can collect coins and really enjoy filling dates with the grades that we can comfortably afford. This is what makes coin collecting fun. When collecting coins for investing, rarity and eye appeal absolutely have to be taken into consideration.
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1927-s. Read again what oldcameoproofsguy said above my reply.
Precisely my philosophy. I couldn't have said it better.
- Charlie B -
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Go BIG or GO HOME. ©Bill
I have a hard time passing up a nice GD 27-S for $2-3. Fewer minted than a 32-D or S Washington at 5% the price!
Where can you find a 27-s going for $2-3 the least i've seen them for is $10?
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<< <i>Do you think that a 1927-S SLQ is a good investment in grades G-VG >>
NO, definitely NOT. in fact, the coin is much more common even in f-12 then price guides lead you to believe.
really, the aspect more important then "grade" w/ these coins is STRIKE. in grades of vf +, you can easily discern the poorly struck coins (common) from the nicely struck coins (very scarce). if you are looking to invest, i suggest w/ this particular coin you dump your notions of grade, & focus on nicely struck coins, by which i mean solid shield & drapery detail. THOSE are the scarce ones.
K S