Wisconsin Extra Leaf Quarters now priced in the Grey Sheet
EagleEye
Posts: 7,677 ✭✭✭✭✭
In the Monthly Supplement on the last page under Early Singles.
This has been the last hold out for listing these coins, now everyone has the market information close at hand.
This has been the last hold out for listing these coins, now everyone has the market information close at hand.
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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Comments
Cameron Kiefer
"Live long and prosper"
My "How I Started" columns
They deserve as much recognition as they can possibly get.
(I am too cheap to get a copy right now as I am not going to a show anytime soon)
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I guess putting in with the Washington Quarters didn't make "cents"
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>Cool...so, what are the prices listed?
(I am too cheap to get a copy right now as I am not going to a show anytime soon) >>
Yes, I'm curious, too.
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Proud recipient of Y.S. Award on 07/26/08.
low = 110-120 in MS63, 300-330 in MS65
<< <i>high = 145-160 in MS63, 450-485 in MS65
low = 110-120 in MS63, 300-330 in MS65 >>
Danke
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
A market based on ebay alone is bound to fail. There are sellers and buyers, yes, but there is not a market. If you buy a coin for X and a month later find a coin sell for X-$5 on ebay your natural assumption is a drop in the market. Why did the coin sell for less? How about no one was looking? If there are many places to go to sell the coin for X, then there will be many more people looking. Then when X becomes X+$25 more people will be looking and the market will be more orderly.
The Grey Sheet bid offers a mark off of which transactions can be judged. I am sure the bids will move to the demand of the market.
<< <i>high = 145-160 in MS63, 450-485 in MS65
low = 110-120 in MS63, 300-330 in MS65 >>
Just picked up 2 pcgs low leaf ms65's for $250 ea on ebay.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>guys, anyone have extra info they can direct me on these coins? I'd like to read more about them, etc >>
here is some info, mkman123
We are cavemen, still.
``https://ebay.us/m/KxolR5
<< <i>It's amazing how long it takes for the truth to be told, then published as "accepted".
We are cavemen, still. >>
I suspect that you are insulting our ancestors by ignoring eons of deevolution.
Extra High Leaf: XF 75.00 - 85.00 AU : 125.00 - 135.00 MS 60: 130.00 - 145.00 MS 63: 145.00 - 160.00 MS 64: 250.00- 275.00
MS 65: 450.00 - 485.00.
Extra Low Leaf: XF 60.00 - 70.00 AU: 90.00 - 100.00 MS60: 100.00 - 110.00 MS63: 110.00 - 120.00 MS64: 200.00 - 220.00
MS65: 300.00 -330.00.
Have a great day !! Mark.
Low Leaf: PCGS $850.00 NGC $ 450.00
The NGC prices above are higher than prices realized on Ebay currently. That should correct itself over time. I have recorded each Wisconsin Extra Leaf Quarter Completed Sale on Ebay for the last two years. I have recorded each of the weekly WI Extra Leaf Quarter Pops of PCGS and NGC for the last two + years. Mark.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
I was beginning to think no one was interested in these coins any more.
............i think it means it worth the time to check change for this quarter
Does that require a separate category? I don't know. Perhaps I does. "Altered die" is my submission. In die varieties we have doubled dies, repunched dates, misplaced digits, etc. Now we have altered dies!
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>...I consider this as Coin #1 in the Faux Rarity category. >>
It's hardly a rarity in the classic sense but it is in every other. There
are tens of millions of people who actively or passively collect states
quarters. It just wouldn't take much interest to drive these prices to
far higher levels.
Even if this never happens though they are a virtually unique product
of the US mint. There simply aren't any other "competing' designs. All
the other varieties of this nature are more in the realm of "accidental"
variations caused by non-standard work practices.
The number made is reasonably well known even though it might well
be a little higher than normally stated.
They are legitimate types and their production apparently involved at
least a small conspiracy. The coins were panned and even "set upon"
by a large minority of the hobby right from the opening gate, even as
they were still being found in circulation in the south west. They recie-
ved national press and national attention.
They have absolutely everything going for them; intrigue, exposure, dis-
tribution, conspiracy, uniqueness, "rarity", and controversy. These are
the elements not only of a good fictional book but a great collectible!!!
<< <i>Does this mean that these are now recognized by dealers as a Error or a variety or????? what does this mean? >>
Some dealers care.
Others, such as myself, do not.
You may decide for yourself if you care. They are not required for a complete collection of statehood quarters.
TD
<< <i>
<< <i>They are not required for a complete collection of statehood quarters.
TD >>
Now if that happens. Look out!!! To the MOON.
Joe
<< <i> They are not required for a complete collection of statehood quarters. >>
This is strictly opinion. Some people think the '16-D dime isn't required for a complete merc set.
<< <i>Yet another step in the well-managed promotion. >>
It's a wonder that it was possible to get half the hobby to pan the coins
but then these "promoters" will go to some extreme lenghts for a buck.
Another cool thing is having a coin that was not made using proper protocol. That just adds mystique and it makes for great stories to future generations. I like the high and low leaf coins. I flipped a few and regret not keeping a couple of each.
``https://ebay.us/m/KxolR5
<< <i>
<< <i> They are not required for a complete collection of statehood quarters. >>
This is strictly opinion. Some people think the '16-D dime isn't required for a complete merc set. >>
Really? Who might that be?
<< <i>
<< <i>
<< <i> They are not required for a complete collection of statehood quarters. >>
This is strictly opinion. Some people think the '16-D dime isn't required for a complete merc set. >>
Really? Who might that be? >>
They used to make the blue Whitman folders with a cardboard cut out
remaining in the place for the '16-D. Apparently they figured most of
their customers weren't going to collect the '16-D with the set.
My point is merely that even though these are scarcer than the '16-D
there will be people who consider them part of the set and will want
them for their collections. Completeness is a matter of opinion which
each collector will decide for himself.
Certainly these are as legitimate a part of the states quarters set as
the '16-D dime is of the mercury dime set. Indeed, they can be consi-
dered even more legitimate since they are design variations. The states
quarter set can be thought of as 52 different designs on circulating quar-
ters. A mercury collector could simply use one coin of each date and not
need the '16-D at all.
It remains to be seen how many people consider the Wisconsin types to
be a part of the set.
"Novelties" like Joe said.....something "cool".
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
My second reasoning as to why these aren't as high as some expected by now is the competition from the presidential dollar errors. Remember everyone only has so much money to spend and if your budget is a $1000 to spend on error coins and if you want a low leaf unc you are out only $100 or so, so you have $900 left. Well without the presidential dollar errors you could have a high leaf unc for $175 and still have plenty of money left, but now with the presidential errors you might want an Adams smooth, and Adams double, and a Washington Smooth and not have enough for that high leaf. So there has been more errors to come out of the mInt since the leafs and lets not forget the 2008 2007 reverse.
I've said this before and I will say it again, I believe that the sleeper of all the post 2000 errors will be the Adams smooth edge. This error has held up nicely in price, there are estimated mintages of between 6000 and 9000. How many coins have a mintage of under 10,000 that you know of?? Best of all, it is still affordable. I picked up a nice raw at a show for $350 and a 65 for $465 in the past few months. I believe a promoter will come in start swiping this up and move prices considerably to the upside, but again this is only my opinion and if no promoter or promoters come in I'm still complacent with this coin because of the relatively low numbers known to exist.
<< <i>This is a great deal more that simply another step in a well- managed promotion and here is why..... It is a Huge Leap in establishing a dealer market for these scarce varieties. >>
In my opinion, no, it is just another step in the process...
First, lobbying by certain "interested" parties gets them listed in the Redbook. Now, those same parties lobby successfully for inclusion in the Grey Sheet. If I were a betting man, I'd wager that Whitman and Dansco folders are next, and viola, the well-managed promotion has grown even more legs, and those "interested" parties who made the market in these to begin with are heralded for the continued price appreciate which will result.
Not that there's anything necessarily wrong with that -- but it is what it is...or it is at least how I see it, and you are free to disagree.
Respectfully...Mike
<< <i>Certainly these are as legitimate a part of the states quarters set as the '16-D dime is of the mercury dime set. >>
Don't you think the beter parallel is the 42/1 rather than the 16-D? If not, why not? Thanks in advance...Mike
<< <i>
<< <i>Certainly these are as legitimate a part of the states quarters set as the '16-D dime is of the mercury dime set. >>
Don't you think the beter parallel is the 42/1 rather than the 16-D? If not, why not? Thanks in advance...Mike >>
Perhaps a better comparison would be to the '16 quarter or the 1883 NC nickel. These
are different designs than the designs that the mint intended to issue. These aren't in-
advertant die varieties like a DDO or a leg polished off a buffalo but were intended as ad-
ditional designs. Does it really matter if they are "official" so long as they were issued by
the US mint?
It's true they are the same date and mint as a very similar design but they still constitute
two additional designs to a series that already has "50" different designs. Many people
will see these as a natural part of the states quarters set.
I agree with Mike, it was a well manged promotion, and good for them. We all learned something. I should say we all learning something except thoses that know it all already.
By the way the Presidential election is another well managed promtion....
<< <i>
<< <i>
<< <i>Certainly these are as legitimate a part of the states quarters set as the '16-D dime is of the mercury dime set. >>
Don't you think the beter parallel is the 42/1 rather than the 16-D? If not, why not? Thanks in advance...Mike >>
Perhaps a better comparison would be to the '16 quarter or the 1883 NC nickel. These
are different designs than the designs that the mint intended to issue. These aren't in-
advertant die varieties like a DDO or a leg polished off a buffalo but were intended as ad-
ditional designs. Does it really matter if they are "official" so long as they were issued by
the US mint?
It's true they are the same date and mint as a very similar design but they still constitute
two additional designs to a series that already has "50" different designs. Many people
will see these as a natural part of the states quarters set. >>
Clad,
Thanks for your response!
Yes, I do think the mint's intention matters. Those two examples you site were intentional and officially released by the mint. I doubt that this coin would have been released had it been caught. That said, I'm not as familiar as some with the events surrounding these coins, so please correct me if I'm wrong...
Personally, the closest parallel I can think of is the proof "superbird" Washington quarters. Like these coins, apparently they were issued without noticing the clandestine addition of a feature to the coin by mint employees. It is interesting to note that you don't see those as part of the Redbook or the CDN.
Respectfully...Mike (who is not at all upset or holding ill-feelings about anything, but I do prefer to call a spade a spade)