$2,500 for a State Quarter: How about $7,500.00 for an MS SBA?

braddick · April 28, 2003 4:09AM

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3021456625&category=11982

rays · April 28, 2003 4:21AM

Amazing.
Here's my SBA for a US Type set. It didn't cost $7500.

flaminio · April 28, 2003 4:25AM

No sale, yet. Guess it doesn't hurt to ask -- and who knows, he might get it.

VonZipper · April 28, 2003 4:31AM

NBSQLGeek · April 28, 2003 4:31AM

wayneherndon · April 28, 2003 4:32AM

That is a very tough coin in 67. It is currently a pop 8/0 and I think its been that way awhile. The 1981-S is even harder to find in nice condition. There's currently none in 67 and I'd expect the first one made to easily break the five figures barrier. One could have fun comparing the 1981-S SBA to the 1881-S Morgan of a century earlier and observing how much easier the older coin is to find in high grades despite the fact that all the 1981-S SBAs were sealed in mint and sovenier sets and thus supposedly better protected. Typically one has to go through about 100 mint sets to even find one in MS 65.

WH

MS67PLUS · April 28, 2003 4:36AM

I sold mine 2 years ago for Insane money $3500. If I could only find one little 1981-S SBA in MS67 out of the approx 4 million minted it would sell for at least 15K and I could buy a few more MS68 or MS69 State Quarters for the relatively cheap price of $2500.

TWQG · April 28, 2003 4:39AM

But it's frosted with nice contrast

rays · April 28, 2003 5:07AM

How come the PCGS price guide lists the 1981-P SBA in MS67 at only $196?

FatMan · April 28, 2003 5:10AM

<< <i>How come the PCGS price guide lists the 1981-P SBA in MS67 at only $196? >>

Just a small difference of opinion.

barberlover · April 28, 2003 5:15AM

Not that this would actually happen but if you were given thechoice between this coin and my p.c.g.s. 66 1892 S Barber half, which one would you buy if the pricewas the same ???? Les

supercoin · April 28, 2003 5:48AM

That's a toughie... second only to the 81-S. I've made a grand total of one in my career, back in 1999.

For $7500 I'd really like them to not used that canned (and incorrect) description, though.

supercoin · April 28, 2003 5:49AM

Just checked, actually it was late 1998, which brought the pop to 6 at that time. Here it is:

It was a nice coin but (as I noted at the time I sold it) not what I'd consider a high-end 67. In fact I've never seen one that I thought would fit that description. This one (as others) often suffer from some die wear even when free of marks.

Die wear of course obscures the fine details and more importantly harms the luster. They can have a very granular appearance... some are so bad they look like cast counterfeits.

Cameo CC · April 28, 2003 6:00AM

Thanks for the information - have changed the description. The coin is nice. We talked to several people about the price and that was the best guess. We are open to offers.

Todd

jeffnpcb · April 28, 2003 6:31AM

The current situation will flood the grading companies and all these over priced moderns will be worth squat in the near future. You can't have millions of rolled or bagged coins and not expect them to never hit a grading company!
A fool and his money are soon parted! Ignorance is bliss!

cladking · April 28, 2003 6:42AM

<< <i>The current situation will flood the grading companies and all these over priced moderns will be worth squat in the near future. You can't have millions of rolled or bagged coins and not expect them to never hit a grading company!
A fool and his money are soon parted! Ignorance is bliss! >>

The 81 dollars were issued in mint sets.

We're still waiting for that flood in all those which exist in rolls and bags though.
So far it seems far more like a vast desert than a flood.

shades added.

supercoin · April 28, 2003 6:44AM

In that case you must be sublimely blissfull.

The 1981 SBAs were not, in fact, ever released in bags or rolls. They exist only in mint sets, and to a lesser degree, special souvenir sets.

That might suggest to a more informed observer that they would be found nice in relatively high percentages (since they are theoretically produced with more care and protected in sets) but in fact that is not the case for the 1981-P and 1981-S.

The percentage of these two dates found nice in high grade in mint sets is actually FAR SMALLER than the percentage of many other dates found in rolls. And since they were only in mint sets, the mintage is also a tiny fraction of other dates.

Low percentage x Low mintage = Tough date.

Argue the price from an informed standpoint if you want, but your current argument is worth... squat.

dpoole · April 28, 2003 6:48AM

Same ol' conversation. And same ol' non-comprehending chasm between those who presume all moderns are out there in unsearched bags and rolls, and that the low pops at higher grades are altogether a false, temporary artifact, and those who've done the searching through the bags and rolls, and know how difficulty is is to find quality speciments for some dates/mints.

Who's right? Time will obviously tell. Those paying the high prices are betting that the searchers are correct.

$2,500 for a State Quarter: How about $7,500.00 for an MS SBA?

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