Wisconsin High and Low Leaf
Frany
Posts: 16
I just got through reading the item description from somrone selling on ebay. If I read it right he/she is saying that these coins are not worth than $10.00 apiece. Check the Item (# 280759340061 ) out. Is he/she right or not?
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Got to say, I couldn't read that whole listing......
They are priced in the grey sheet monthly summary on the last page under key dates. They trade consistently at those prices.
MS63 High Leaf bid $120, Low leaf bid $95
You mean you won't sell it me for $10? Gosh.
They could not be too bad, I have sold over $3500 worth of them in the past 6 months!
I personally don't think they are worth $10 as a set
That is my opinion and valuation of the coin in a "worth" to me. Never did I say that any price guide states $10 as a price. To me and others it is a die gouge curiosity, just like the speared bison, wounded eagle and many other coins. Ignorance is you making a statement that I made a statement of fact when I did not, only and opinion as to what I value them at.
......(I can't think of anything nice to say so I won't say it).
Why even give your negative opinion then? Do you have an agenda?
That is pretty much it, but it is a slippery slope. I would pay $10 for all 3 coins and proudly display them for what they are, neat. Now if I did find a seller though who sold me a set, based on Rick's logic I would be a thief and a POS ripper as they are worth 30x that (period, because gray sheet says so and gray sheet is dead on), so I guess I won't ever have a set. I can live with that though.
Oh, I see. My opinion is harming others and the market. Okay boss, I will bow out and you tell all the Information you need to. Tell the facts Rick, damned be anyone's opinions. When your done call me on my cell so you can give me my next 5 purchases otherwise I run the risk of buying crap.
I just have one question for you, why are your Jeff varieties worth collection while other Jeff varieties are not?
Plus for the Morgan VAM collectors, would something like this be significant?
BTW I do not have a dog in this fight. I have never bought sold or owned a leaf error.
EOC- I do collect Jefferson varieties and to me all are worth something, even if it is 5 cents. I pay a price, my value of the item based on the research I do, such as
1) Known populations
2) Known sales
3) Assumptive or hear say sales
4) Word of mouth rumors
5) The books I read and contributed to
6) The questions I ask
7) The overall market conditions
8) My personal goals, finances and thoughts.
90% of my varieties are not in gray sheet and several have little to zero history at auction. Ask BigDowgie or others here that know me. I don't look in Wiles or Wexler and go with what the 10 year old books say, LOL that takes as much talent as looking in gray sheet and seeing what someone else says a MS-64 High Leaf is worth.
I hope that answers your question.
I personally would like to buy one of each for myself, but the price would have to come down a lot more for me to even consider them.
I do have a really nice state quarter Major Error collection, mostly one-of-a-kind.
There are just too many leaf errors and too easy to get for me to have ever wanted one at the offered prices.
That is the problem with your post.
It is unnecessarily negative and does not contribute to the conversation at all. And it doesn't answer the OP's question.
So a fair price is some where between $10 and $100.
The Market will determine what that price is.
The price now is what the price is because that is what the market will bare.
<< <i>To me and others it is a die gouge curiosity, just like the speared bison, wounded eagle and many other coins. >>
<< <i>To me and others it is a die gouge curiosity, >>
These aren't just some die gouge. Obviously some die creation aberration.
hmmm.... you should be correcting me, not the other way around....
No Rick, now you are just digging? He asked if the seller was right or wrong, right? I stated they aren't worth $10 to me, thus answering that I THOUGHT THE SELLER WAS CORRECT. Yes, affirmative, Si, Da, Ya, Yep........
Go off facts, not assumptions. You need to run for the state senate although spinning the truth or non-truth in your favor may be a political hap-hazard. Stick to the facts.
die break curiosity...
Really Ms. M, a die break on the bison? Sure you want to stand by that?
These aren't just some die gouge. Obviously some die creation aberration.
A die gouge, break, crack, rust, a piece of struck into die taco shell remnant is a die aberration, so a die gouge is a aberration.
<< <i>
Really Ms. M, a die break on the bison? Sure you want to stand by that? >>
I don't
corrected.
The real reason didn't stick in my mind because it was never significant enough for me to care.
These aren't just some die gouge. Obviously some die creation aberration.
A die gouge, break, crack, rust, a piece of struck into die taco shell remnant is a die aberration, so a die gouge is a aberration. >>
a doubled die is also a die abberation.
These are more than just a gouge. The curvatures are too well defined to be "some hit" or "random gouge."
1) was not there
2) was not the person who did it
A board search here will reveal a load of information basically confirming this "thought" or "opinion"
Heck they may have even confirmed this by now, not 100% as I don't live and die by these.
But the coin is what the coin is and it is recognized by the TPG's so most likely they will always be somewhat in demand.
Like I said, I would like a set (demand) just not at the current levels
Now, if someone intentionally tool a mustache on Jefferson it would be uber lame, but significant enough for me to say "variation".
I just think these are more significant than some random tool gouge (like the speared bison & wounded eagle) or even some random die break.
I would like a set too, just like you, just not at these price levels, just like you. We are on the same page, exact same page except you are on the top $100 and I am on the bottom $10, same page as both are far below current gray sheet levels. I got singled out because I put a $10 price tag on it and
Rick has a set for sale
so I guess he thinks I am damaging his business or personally attacking him by not agreeing with gray sheet and stating that I thought these were and are over-hyped, just like the speared bison. Looks like I am not alone as there seems to be a few
Ms. M. I am not debating any of that, you obviously feel a little more interest than I do, which is great as no 2 collectors are exactly the same. I am sure there are coins I would pay 10x what you or Rick would and I wouldn't expect you to agree that you would too as we are all different. My opinion should not freak anyone out or influence anyone's purchasing decisions for their own collection????
...this thread reminded me of this video
<< <i>A Raw Set of WI High/low variety coins sold tonight on Ebay for $300....... interesting..................... >>
LOL, looks like I will have a long wait
Sounds like prices are pretty good on these yet. I guess he will have to wait a while before he gets his price of $10.
I can't believe that I agree with both RS and TN in the same thread.
I knew it would happen.
...
...
<< <i>Jealousy ensues whenever you have a gold strike like the wisconsin leaves, washington missing edges, or the adams double lettering edges. Stories come out of finders making 6 figures and then you get a jealous bunch that like to rip the coins because they didn't find any. The leafs are nice because they are the only famous error (variety) to come out of the entire statehood quarter series and if nothing else at these prices I think they are a safe no downside bet here. Whether they go up siginificantly in the long term is another question. My concern more than anything for the long term is the lack of youth coming into coin collecting. If the current collectors die off and there is little replacement of collectors then not only do these leafs look like bad investments for the long term, but all coins will suffer. >>
The leafs would suffer without an influx of new blood and would suffer badly. But what most
people don't appreciate is that it's the expensive classics that would suffer the most. The leafs
won't lose more than 50% of their value from here even given the worst possible senario but
some classics could easily lose more than 95% of their value and they have far more value to
lose. There are plenty enough newbies to keep the prices of the high and low leaf and all the
states quarters under at least minimum pressure but without a new generation to collect the
classics they will simply plummet. Sure, it's a given there will be enough demand to keep up the
value of very low mintage key dates in nice collector grades but what kind of demand would
exist for semi-keys in esoteric series in high grades? Coins like '55-S Lincolns would sell for scrap
even in gem. Even better date barbers would for sell for scrap in lower grades than XF. Late date
large cents would be common in XF.
I have no interest in a coin like an 1804 dollar. I'd buy it on the cheap to flip it but if I had to keep
it then even $500 would be a stretch. This isn't the only old coin I don't value very highly but it's
the only one that I keep pointing out as being overvalued in my mind. (people who can afford this
coin don't care about my opinion of it anyway).
I still believe the hobby will be healthy well into the future. Perhaps the very best guage of the
real health (think leading indicator) of the hobby is how the leaf quarters fare. If these hold steady
it means there is a continuing flow of new blood but it is balanced by old blood leaving. If they in-
crease then the new blood is growing faster.