Greysheet vs reality, 1907-S barber quarter

barberkeys · February 10, 2013 9:42AM

Heritage auctioned a 1907-S barber quarter in PCGS-58 today. Nice coin, rare grade. Greysheet says $200-350. It realized $2,200 plus the juice.

LanceNewmanOCC · February 10, 2013 9:48AM

.
if you want to get things bought cheap from those that use greysheet, make the greysheet prices low
.

dogwood · February 10, 2013 9:50AM

58 frenzy, running amuck.
That's a good date but prolly in the next, next, next, next, next big three.
(top 15)

410a · February 10, 2013 9:54AM

I don't know what to make of that sure sounds like 10x wholesale or the price a dealer would offer. Then of course that's just my opinion on a coin I haven't seen and if the coin is married to the sheets. Who knows? What about toning etc. even though it seems we pay retail and sell wholesale many coins can bring mutilples of sheet and I just wish I knew how the buyers make out in the end. Perhaps they need that date and the whole in $$$ makes the set they are working on worth more than the parts $$$. Retail is $450 or so and you can throw out the sheets when a coin has something special to it. Right?

CircOnly · February 10, 2013 10:19AM

I'll take a 63/4 and credit towards another purchase.

SAM5969 · February 10, 2013 10:32AM

As I stated in the other thread, a 64 sold for $1600 last year and two 65's sold for $2760 - one in 8/2012 and the other in early 2011Text

<< 58 frenzy running amuck. That's a good date but prolly in the next, next, next, next, next big three >>

I agree with 58 frenzy running amuck whole heartedly.

I do have to say I believe the 07-S is far above the top 15, and more in line with the top 5 scarce coins under or alongside the "Big 3".. I think the 09-O and the 01-S rank at the top of most difficult in XF-AU and into mint state for the most part. I believe the 13-S and 96-S are right below those two followed closely by the 07-S, 01-O and 14-S

I have seen 3 of the 4 coins graded 58, and it is by far the nicest and easily the most original of the 3 I have seen IMO.

The 07-S is under rated but I feel it is under rated even by Barberites .. A truly vastly under rated coin that merits being in the same sentence just below the"Big 3". The 09-O is IMO equal or even more difficult in AU than "The Big 3"

It seems to me the 96-S and 13-S are more available in AU than the 09-O which is on par with the 01-S IMO

If I had to give an order of scarcity (quickly mind you), I would say something close to this:

1. Extremely scarce to Rare: 09-O / 01-S
2. Very Scarce to Extremely Scarce: 13-S / 96-S
3. Very Scarce: 07-S / 01-O / 14-S / 97-S
4. Scarce:11-S / 05-O / 06-O / 05-S / 08-S / 07-D / 04-O / 93-S etc. ( I am probably leaving a couple out)

Or something very similar.... I am doing this quickly without a lot of thought while working

... Just a quick opinion based on my own experiences

MidLifeCrisis · February 10, 2013 10:54AM

The gap between Greysheet and reality for truly great coins has been as big as the Grand Canyon for a long time.

bidask · February 10, 2013 11:51AM

<< Heritage auctioned a 1907-S barber quarter in PCGS-58 today. Nice coin, rare grade. Greysheet says $200-350. It realized $2,200 plus the juice. >>

Wow its like the auction of the 1897 s barber half pcgs 58 post a few weeks ago where the coin went for like just under 15k!

Mowgli · February 10, 2013 1:27PM

It's enough to make one carry around an MS 63 in their pocket for a while.

Broadstruck · February 10, 2013 1:41PM

<< I have seen 3 of the 4 coins graded 58, and it is by far the nicest and easily the most original of the 3 I have seen IMO. >>

Here's the 4th

SAM5969 · February 10, 2013 1:52PM

BS - that 07-S is a fabulous example - WOW

You don't see those every day, particularly in the Barber series - That is spectacular !!

golden · February 10, 2013 1:52PM

<< The gap between Greysheet and reality for truly great coins has been as big as the Grand Canyon for a long time. >>

Unknown · February 10, 2013 2:01PM

This content has been removed.

Broadstruck · February 10, 2013 2:08PM

It took me a bit to find today's example as it's still active and not in the sold archives.

MFH's which sold in 2011 walks all over this as far as surfaces and strike.

Sorry to say but what fetched moon money today imho is a dog...

As it's completely lackluster and has trace PVC on each of the two obverse upper stars and on the reverse U&A in the word Quarter.

lordmarcovan · February 10, 2013 2:09PM

<< 

<< I have seen 3 of the 4 coins graded 58, and it is by far the nicest and easily the most original of the 3 I have seen IMO. >>

Here's the 4th

>>

In the first half-second or so of seein' that picture, I thought it was stapled inside a white 2x2, and the coin had slipped inside the holder! Crazy optical illusion stuff. Dang, that coin's crooked!

Broadstruck · February 10, 2013 2:36PM

<< It is a cool mint error, how does grey sheet ever represent mint error pricing, what am I missing here, ridiculous thread,incredibly important info was left out. >>

Realone, I only tossed this error into the thread as SAM5969 mentioned he's seen 3 of 4 the AU58's in PCGS population report. This is the 4th and has never crossed public auction.
It's one of the two plate coins in David Lawrence's Barber quarter book error section. Oh and there is no grey sheet section for mint errors.

MFH · February 10, 2013 3:00PM

Broadstruck... always nice to see you add one of your errors ... you've got some great ones too !
I posted my 1907-S to the Mega Thread - but I thought my coin was heads above the one sold today... IMHO

TwoSides2aCoin · February 10, 2013 4:43PM

Reality sucks for the guy who can't get his way with the grey sheet. It's a valuable tool, a blunt instrument and a sharp sword.

Treashunt · February 10, 2013 8:46PM

The only logic is a crack out and prayer for a 63.

Cougar1978 · February 10, 2013 9:13PM

There is nothing really logical about it but the passion of the collector who bid it up.

shish · February 10, 2013 10:15PM

This "The gap between Greysheet and reality for truly great coins has been as big as the Grand Canyon for a long long time." I added a second long.

barberkeys · February 11, 2013 9:19AM

If you thought the price was high on this 07-S quarter, look at the thread about the AU58+ Indian Cent. A $20 common date indian cent brought over $1000, because of the + designation. At least this 07-S quarter was a tough coin, whether it's 58 or 63.

Broadstruck - What a beautiful, original 07-S. Too bad it's an error, you might sell it otherwise.

CircOnly · February 11, 2013 9:22AM

<< If you thought the price was high on this 07-S quarter, look at the thread about the AU58+ Indian Cent. A $20 common date indian cent brought over $1000, because of the + designation. At least this 07-S quarter was a tough coin, whether it's 58 or 63.... >>

I can't argue with that.

Greysheet vs reality, 1907-S barber quarter

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