1956 b reverse quarter price record!

dlmtorts · March 3, 2017 6:00PM

Washington b reverse quarters in MS 66 have been bringing strong prices lately, especially at Heritage. A 1956 B reverse MS 66 with subtle toning sold for $2232.50! Other b reverses brought strong prices recently, but not that strong - 1962 MS 66 sold for $423; two 1964's sold for $493.50 and $376. I suspect the '56 was a bidding war, maybe for a registry set. It does have attractive subtle toning, but not imo the kind to attract that price. What do you think? Will the pops increase now?

https://coins.ha.com/itm/washington-quarters/quarters-and-twenty-cents/1956-25c-type-b-reverse-fs-901-ms66-pcgs-pcgs-population-7-0-ngc-census-0-0-mintage-44-100-000/a/1252-7519.s?ic4=OtherResults-SampleItem-071515

AMRC · March 3, 2017 6:37PM

I was offered a $100 a piece for the two 66's I have in inventory. And they acted like I was crazy when I said "no thank you." Talk about under-valued.

wondercoin · March 3, 2017 7:03PM

I graded a 1956 quarter in PCGS-MS67 Ty B at Long Beach as well. The pop 1 coin. A project I have been working on for about 33 years. Wondercoin.

morgandollar1878 · March 3, 2017 7:06PM

They have been bringing strong prices on Heritage lately. Right before the Longbeach auction they had some listed on a Tuesday night auction. I was the winner of the 63 in ms66 and the other dates I backed out on bidding. After I won the 63 I thought I was nuts for paying what I did. It is a beautiful example in hand though with both obverse and reverse being PL and bright white with no distractions.

Edited to add:
I saw that 56 go that you are talking about and I was in awe to see how much it went for. I never would have imagined considering that it went for multiples of an ms65.

SanctionII · March 3, 2017 7:18PM

What are 1958 type B quarters selling for? I ask yhis because years ago i bought a bank wrapped roll of MS 1958 philly quarters. When I opened the roll I found that 34 out of 40 quarters are type B.

joeykoins · March 3, 2017 7:26PM

I believe the '56 is the toughie out of the bunch? Does my '57 have a shot at a 66? Two different lighting shots, same coin.

davewesen · March 3, 2017 7:27PM

I was guessing a couple of bidders viewed that 56 and felt it was upgradeable

cmerlo1 · March 3, 2017 9:50PM

The only market for these is for uncirculated examples. I just sold a 1961 (one of the scarcer years) in ANACS EF45 on eBay for $3.00. A few years ago I sold a raw, EF-AU 1956 on eBay for less than melt. I didn't take much of a hit on them, but there is absolutely no premium on circulated examples. I did get around $30 for an ANACS 65 1959 last year.

mannie gray · March 3, 2017 11:59PM

JoeyKoins, I don't think your coin would 6.
Maybe 4/4+.

joeykoins · March 4, 2017 7:22AM

Thanks for the suggestion.

morgandollar1878 · March 4, 2017 9:29AM

The raw example posted is no better than a 63 or 64 tops. Way too many hits and small marks to have a shot at even a 65.

cointime · March 4, 2017 9:29PM

I also was watching the '56 and thought if it went for so-so money it would have been bought for dealer inventory or someone would get a really good deal. As the OP pointed out it hammered for strong money so this obviously is ear marked for a possible strong set being build [behind the scenes] to be posted at a future date. I have not seen the Heritage coin in person, but I like the toning and the grade. It would not surprise me if the new owner felt it could plus later down the road. I am also not surprised at all that Mitch's '56 in 66+ upgraded. With that, I do not think the one that sold at Heritage would have brought any less money.

I also wanted to note that I noticed a few dates with pops in MS66 adjusted down a few coins which would mean that crack outs are alive and well in this short set

This set has been active for a few years now and I would like to hear some thoughts on the top pops i.e. do you think we've seen most of the [known] gems made or is there really more to be found?

Jamie has his work cut out for him in the price guide, do we see some coin/auction prices move up/down for a few of the coins? I don't feel the pops are too far off from being exact. If we do see a few up tics in value, this could bring out a couple few handful of coins that [I'm confident] are sitting in PCGS holders waiting to get attributed?

Ken

1tommy · March 5, 2017 7:15AM

@morgandollar1878 said:
They have been bringing strong prices on Heritage lately. Right before the Longbeach auction they had some listed on a Tuesday night auction. I was the winner of the 63 in ms66 and the other dates I backed out on bidding. After I won the 63 I thought I was nuts for paying what I did. It is a beautiful example in hand though with both obverse and reverse being PL and bright white with no distractions.

Edited to add:
I saw that 56 go that you are talking about and I was in awe to see how much it went for. I never would have imagined considering that it went for multiples of an ms65.

Well I was the Buyer on the 1961 that night and like you feel the coin in Hand is Really a Nice MS 66. This is the First set I completed and remember getting my last one the 1964 from the OP for free and it graded a MS 65 as was my whole set besides the Type C.

This set really peaked my interests in building the proof set with Varieties and after finishing that set moved on to the MS Set with Varieties. In the past 7 Years the one thing I have learned is there are Many Varieties still out there to be found.

Most of the coins I thought were Rare back than now have pops double of what they were when I first started. I know that a few of the ones I have should be sent back in for upgrades but really never have been one to chase the top pops.

I enjoyed finding most of these Raw and just completing the set. I think this set is still a Great way to get YN's collecting the WQ's as a Series.

Enjoy Tom

[https://pcgs.com/SetRegistry/publishedset/78469]
(https://www.pcgs.com/SetRegistry/publishedset/78469 "https://pcgs.com/SetRegistry/publishedset/78469")

StrikeOutXXX · March 5, 2017 7:31AM

@cmerlo1 said:
The only market for these is for uncirculated examples. I just sold a 1961 (one of the scarcer years) in ANACS EF45 on eBay for $3.00. A few years ago I sold a raw, EF-AU 1956 on eBay for less than melt. I didn't take much of a hit on them, but there is absolutely no premium on circulated examples. I did get around $30 for an ANACS 65 1959 last year.

I agree, circulated examples are tough to sell, but I do well selling uncirculated ones at local shows. Most graded ones I find are unattributed. I've been trying to find the newly discovered Rev B.1s recently without much luck so far.

https://www.youtube.com/watch?v=U99BPka1GZs

morgandollar1878 · March 5, 2017 3:09PM

@1tommy

Well I was the Buyer on the 1961 that night and like you feel the coin in Hand is Really a Nice MS 66. This is the First set I completed and remember getting my last one the 1964 from the OP for free and it graded a MS 65 as was my whole set besides the Type C.

That's pretty funny considering I was the one bidding against you on the 61 type b.

1tommy · March 5, 2017 3:55PM

@morgandollar1878 said:
@1tommy

Well I was the Buyer on the 1961 that night and like you feel the coin in Hand is Really a Nice MS 66. This is the First set I completed and remember getting my last one the 1964 from the OP for free and it graded a MS 65 as was my whole set besides the Type C.

That's pretty funny considering I was the one bidding against you on the 61 type b.

Just as funny as me bidding against you on the 1963 ...Maybe we need to talk before auctions and save ourselves some money but than again its better than bidding against the Consignor like another coin I was bidding on. That one has me wondering if I will ever bid in another Heritage auction... I also looked at all my 1963 Type B's and none are the B=1, If your 1963 looks as good as my 1961 we Both did good...

https://pcgs.com/SetRegistry/quarters/washington-quarters-specialty-sets/washington-quarters-complete-variety-set-circulation-strikes-1932-1964/publishedset/78469

Enjoy Tom

1956 b reverse quarter price record!

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