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New purchase: 1853/3 No Arrows quarter.
rhedden
Posts: 6,650 ✭✭✭✭✭
Here is an 1853/3 No Arrows quarter dollar I picked up as part of the set I bought 2 weeks ago. While it may have been lightly dipped long ago, and Ms. Liberty has a nick on her wrist, it retains good eye appeal and I am pleased to own this one.
The 1853/3 is not exactly a common date, though I believe they are being overpriced in the current market. Some others may wish to argue otherwise, but this issue has gotten a lot of hype/press, much like the 1824/2 Bust quarter.
I know that at least one forum member has a killer nice example of this date, so feel free to post your example here if you've got one.
The 1853/3 is not exactly a common date, though I believe they are being overpriced in the current market. Some others may wish to argue otherwise, but this issue has gotten a lot of hype/press, much like the 1824/2 Bust quarter.
I know that at least one forum member has a killer nice example of this date, so feel free to post your example here if you've got one.
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Comments
It seems that the collection you bought was put together a long time ago, and that it comes with the usual problems. Dipping/Cleaning/Damage from handling etc. However, from the coins you have posted lately most of the coins are market acceptable the way they are. I think you did a good buy on that
Dennis
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I wish it were mine.
Wanna sell it?
Ray
I would like to know more of this overdate so that I may someday go out and cherrypick one
Anyway, that's a real nice coin and from what I hear from you, is that it's also quite tough (although over-hyped)
All 1853 No Arrows quarters are actually 1853/2 "overdates", I do believe. No cherries will be picked! However, you are lucky if you can even find an example of this date that is not severely overpriced. If it is near or below Red Book levels, then buy it.
Edited to add: sorry for the out-of-date information, it's actually a 1853/3 recut date, as all are (see comments below).
<< <i>All 1853 No Arrows quarters are actually 1853/2 overdates, I do believe. No cherries will be picked! However, you are lucky if you can even find an example of this date that is not severely overpriced. If it is near or below Red Book levels, then buy it. >>
Ok, learned something new today. Thanks Ron. I've always known this to just be a re-cut date and not an overdate.
Thanks for clearing this up, and I guess a close-up won't be necessary.
Larry Briggs' book agrees with me.
TD
<< <i>All 1853 No Arrows quarters are 1853/3, not 1853/2.
Larry Briggs' book agrees with me.
TD >>
I was just looking in CoinValues and it says the same thing.....1853/53 Recut Date
Another great coin Ron!
-wes
Too many positive BST transactions with too many members to list.
<< <i>The set I bought was about as nice as they come. Most of the proofs were slabbed by PCGS, and I have not shown any of those yet. Seated quarters in general come with cleaning, dipping, scratches, graffitti, corrosion, pock marks, stains, artificial toning, wiping & hairlining, carbon spots, and all kinds of other blemishes, especially the key dates. This is not a series for the lover of perfect, problem-free coins. >>
I personally collect the series (well, sometimes buy examples of the series) in F-EF grades and I can vote for your comments. I have not yet bought or even been looking for the key dates, as my main set are the Seated Half Dimes in AU-MS. As for the common dates of this series there are indeed many coins out there with the problems you have mentioned.
I think the quarters have gotten a bit more attention lately, the Dimes and Half Dollars were always the most popular series. There are so many key dates in the quarters, that coming even close to completion is a real accomplishment.
Dennis
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