Opinion on 1927-D Standing Lib quarters

loanshark

In a recent issue of Coin Values magazine I read where the author of an article pointed out that this quarter was a "sleeper".

He must have been right because every since, I have tried to pick up a nice one to hang on to for future profit.

Finally found a nice NGC MS-65 at David Laurence Rare Coins and still have not been able to find any others that were graded on the Bay.

Could he be right?

Loan Shark

DUIGUY

Quot from David Halls market report on SLQ's


11-03-2005: There is not a lot of material available, but the coins that do appear are bringing strong prices. This is a short, highly collectible series and the coins are very beautiful. These great coins are tremendous values. There are not a lot of coins around to buy, but my recommendation for these great coins is a STRONG BUY.

jcping

1927-D SLQ, indeed, is a sleeper for the grades between EF and MS63. There are scarce at all AU grades. You don't see them very often at MS63. Sometimes, you can spot them at MS64 and MS65.

Why can't you find them? Its price did not move very much between 1998 and now. Many folks hold them and do not want to sell them. I personally have more than 10 PCGS MS65 27-D SLQ and I won't sell any at the current level. When modern goes to the roof, SLQs are still staying on the ground.

Also, watch out the grade inflation in this series. I believe most UNC coins were push one to two grades higher since 1997. May be that's why the prices did not move.

Just my two cents.

BuffaloIronTail

27-D is overshadowed by it's rarer sister, the 27-S.

Yes, I believe it to be a good buy right now.

ANY branch mint coins in the series are ripe for an increase in price, In my opinion.

Pete