Re grading Standing Liberty Quarters...questions and opinions please

AU58WALKERS

I have about 25 to 26 pcgs ms fh Standing Liberty Quarters that I will be selling in the near future.

Most of these were purchased "fresh" in the late '80s up through the mid '90s.

From what I have seen at several major shows a good percentage of these could very easily upgrade.

For best results:

Should I leave them in their original pcgs holders or crack them out.

Should I send them in a few at a time or all at once

drwstr123

If I were you, and with those coins, I wish I were, I'd leave them in their originals and go for upgrades. The worst is they come back unchanged. Mike

robertpr

-crack them out
-all at once

MikeInFL

I would have somebody who is well versed in PCGS SLQ grading take a look at your actual coins and make a more informed recommendation, but in lieu of that I would suggest to crack 'em out and send all at once, or in several groups if you have the time and a good group of set-up coins...Mike

coinguy1

There is no "right" answer, but I'd probably leave them in the holders. If you crack them out, you might get shocking negative grading surprises - it happens to the best graders in the business - AND you lose the benefit of the older holders.

TwoSides2aCoin

Ooooooooh , nice predicament to be in

boiler78

If you are planning to sell them anyway why not leave them in the old green holders and rattlers, consign them to auction and let the crack out guys run the prices realized through the roof?

JrGMan2004

<< <i>There is no "right" answer, but I'd probably leave them in the holders. If you crack them out, you might get shocking negative grading surprises - it happens to the best graders in the business - AND you lose the benefit of the older holders. >>

You still lose the old holders either way... don't they crack the coins out on regrades?

Elcontador

Have someone who knows the series look at the coins. Any coin you send in for a regrade will return in a new holder.

Ie., I have a 28 S in a 1st generation holder, graded FH 5. It is worth a substantial premium over a later holdered coin, and if I sent it in & it didn't upgrade, the value of the coin would drop in a big way. To me, it's a lock 6 FH, but toned coins don't always please the grading services these days.

If you are looking at potential upgrades, how would this affect each coin's value? Find out where is the big price break re grading re each coin when getting it evaluated.

coinguy1

<< <i>

<< <i>There is no "right" answer, but I'd probably leave them in the holders. If you crack them out, you might get shocking negative grading surprises - it happens to the best graders in the business - AND you lose the benefit of the older holders. >>

You still lose the old holders either way... don't they crack the coins out on regrades? >>

George, where did I say anything about re-grading them?

Nic

Sell them as they are through auction if higher MS grade. If not, depends on your skills. Let us know what you do ... even by PM . K

AU58WALKERS

I think I'll let the next owner go for the re grades.

Now I just need to figure out the best way to sell em.

GoldenEyeNumismatics

I'd send them back in, unless of course you want to sell them to me the way they are

Bear

Put a few in auction as they are and see how they do.

If the results are favorable to you, then sell the rest as they are.

stman

<< <i>Now I just need to figure out the best way to sell em. >>



You might try a thread on the coin forum and ask the best way to sell them. Then perhaps check you PM box.

MFH

AU58Walkers:

What's happening to your set of SLQ's ?

jdimmick

I would sell them at auction in there current holders, they will be fresh and full of potential undergrades and your bidder/buyer intrest will more than make up for the difference in submitting yourself. Folks will know that your coins are fresh and bid accordingly.

Youll just have to decide which venue is best, sounds like a major auction house venue is best for your pieces.

jim

roadrunner

Do yourself a favor and have a reputable grader on SLQ's look at them. There are undoubtedly upgrades in the bunch that should be sent in again, or at least the asking price should reflect the upgrade status. Any number of forum members would be happy to give you some help at a larger coin show. If you are in the northeast I'd be happy to give some thoughts...and not about buying them.

El Contador is right about the older toned coins. The services just don't view them the same as they once did. I had a 1924 NGC MS66 FH SLQ purchased in 1988 that a dealer offered me a nice profit on as we both felt it was a 67 shot back then. I sold that coin just a year or so ago and even though it was colorful and flawless, it was perceived as a 65+ to 66 coin today because the orig grey, blue, and violet toning muted the luster a bit. If your coins are white or only lightly toned, much better chance for upgrades. My gut feel says that SLQ's have not been as grade inflated as much as 19th century coins have been.

If you are set on sending them in, send them all at once in their orig holders. At least that way nothing will come back BB. The chances of those guys not BBing at least a few coins out of 25 is very slim. They do it because they think they should. What passed as acceptable in 1990 might be less acceptable today. Personally, I would try to get the max price for those coins that are PQ or upgradeable. Ask the next grade. It never hurts. If that doesn't work, then send them to auction as Boiler alluded to for the sharks to fight over. Some of those guys will have visions of 2 point upgrades even if not there. 67's were rarely given out in the early days. There are still 65's out there that qualify today for a 67 grade.
Hopefully you have some of those.

Your best chance for upgrades and minimal risk is resubmitting as a group in the holders. If there are some obvious coins in the group that will remain 65's today because of marks, those should stay home. Don't get fixated on the number of crap 66's you see on the market in top TPG holders. Those kinds of coins don't define the gem SLQ market. If the coins are fresh, and mostly PQ and upgradeable, major auction isn't a bad place to go. Can you post a photo of one or two of your nicest ones?

roadrunner