Just purchased another 1872-S quarter, PCGS F-12

Well I just got done working a deal on another 1872-S seated quarter in a PCGS F-12 holder.
This one has the reverse of 1871-S but is certainly not as nice as the normal reverse 1872-S in a PCGS VF-25 holder I purchased a month ago but this variety is more rare.
I purchased the coin from Harry Laibstain rare coins and am sending off a check tomorrow.
This one has the reverse of 1871-S but is certainly not as nice as the normal reverse 1872-S in a PCGS VF-25 holder I purchased a month ago but this variety is more rare.
I purchased the coin from Harry Laibstain rare coins and am sending off a check tomorrow.
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Comments
<< <i>This is a teaching moment, show us pictures of the two ESP the reverses and circle the differences please >>
They have taken the coin off their website but I can have them shoot me an image then when I have the time (I am in the middle of soybean harvest)I can try and post it here.
I can try and explain it to you in the meantime: On the normal reverse the mintmark is spaced significantely away from the eagle's tailfeathers, on the 1871-S reverse the mintmark is located right under the tailfeathers and has a different appearance, it almost looks like it is tilted instead of being level.
<< <i>That just sounds like a different MM placement. "Reverse of" usually means a difference in design between the 2. >>
Maybe the terminology is because the "reverse of 1871" die was used in both years? With a mintage of only 30,900, I'm thinking the 1871-S reverse die was pressed back into use in 1872.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Nice pick up...I was looking at it too but too rich for my blood.
Freddie
<< <i>That just sounds like a different MM placement. "Reverse of" usually means a difference in design between the 2. >>
It is a different mintmark placement because it is exactly where the mintmark is located on the 1871-S quarter which has only one reverse mintmark location, hence reverse of 1871-S.
The 1872-S quarter on the other hand has two different reverse mintmark locations.
I am trying to find a better 71 &72 s Quarter and 53 No arrows + 71& 73 cc to finish my set.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
<< <i>Where are you finding these coins?
I am trying to find a better 71 &72 s Quarter and 53 No arrows + 71& 73 cc to finish my set. >>
Sounds like HLRC.
<< <i>Where are you finding these coins?
I am trying to find a better 71 &72 s Quarter and 53 No arrows + 71& 73 cc to finish my set. >>
This coin was on Harry Laibstain's website for a couple of weeks and I must have looked at it dozens of time comparing the mintmark location of it with mine.
I wanted both reverse varieties so I pulled the trigger and worked a trade on it.
It might appear that I am starting to accumulate a hoard of these but that is most certainly not the case I just wanted both varieties in my collection and since the first coin was in a PCGS holder I wanted the second one in PCGS plastic too so it matched up.
I do remember what Roadrunner said though about the 1872-S, it should be worth considerably more money than it is selling for especially when you compare it to a 1901-S quarter or even an 1878-S half dollar. Of course the 1901-S quarter is common compared to the 1872-S quarter and the 1878-S half is more rare but should the half be priced multiples of the quarter?? Are there that many more seated half collectors than there are seated quarter collectors, from what I've read here I think there are more people that are interested in collecting seated quarters so I really don't understand the price discrepency.
1878-s half
-super low mintage of 12,000 (vs 83K for 72-s quarter)....but realize that with the survival rate of the 72-s, it compares favorably to quarters with 20K mintages.
-78-s was found out long ago and pushed hard as the key date of the halves.....there just isn't anything close if we toss out the 53-0 NA half (and 73-cc NA quarter).
-the 72-s sits in a rough group of competitors (with lower mintages) that for decades just lumped them together (42-0 sd, 49-0, 51-0, 52-0, 53na, 60-s, 64-s, 66-s,
71-s, 72-s and 4 CC's). There really is no such group in the halves making the 78-s stand out even more. Other than the 42-0 sd and 70-cc the halves fall way short
of the quarters in circ rarity. The 78-cc and 74-cc are decently tough but not that in that league. You have to go to varieties like 46-0 TD, 47/6, 44-0 dd, 49-0 dd, etc.
to beef up the really better dates. The quarters are too tough for their own good. And there are too many of them that are tough. Mintages still often drive price guides
more than they should. So many of these key dates were squirreled away in the 1970's and 1980's it's hard to say exactly how many of each are out there. If someone
could assemble a hoard of 70-cc halves, I guess they could have done it for 72-s quarters as well....and even a mini-hoard of 78-s halves. The 74-cc dime imo is close to
the rarity of the 78-s half. It has the super low mintage and low survival rate as well. It took that date decades to close the pricing gap.
Usually I like the larger sized coins but in this case the size of the quarter is perfect for the design.
LET'S SEE A PIC OF IT!!!!!
Too many positive BST transactions with too many members to list.
<< <i>Congrats on another great pickup. With only 2, you might just be cornering the market more than you think.
LET'S SEE A PIC OF IT!!!!! >>
Any 1872-s quarter is a great pick-up, regardless of condition. Congrats. A collection of 2 coins of a coin this rare is considered a hoard.
Putting together just a date/mm collection of seated quarters in any condition is quite a challenge. Getting all problem free coins is long and tedious task.
Bob
EAC 6024
<< <i>Another one has popped upLink[/
Yeah I saw this one, it looks like a very nice coin for a f-12 as most of these look like a train has driven over them.
The problem with this coin is it is priced nearly the same as the PCGS-25 coin I bought from them less than a year ago, have prices reall went up that much on this issue???