When you can barely make out the date, the coin an be no better than FR-02.
I know that sounds harsh for these coins because the date was set in such a way that it wore off quickly. In 1925 the mint partially fixed that by recessing the date. Years ago I had a Standing Liberty quarter, I think that it was a 1920, that was in a PCGS MS-61 holder. You could barely read the date because of a weak strike, but the coin was a strict Mint State example with no rub whatsoever.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
PCGS would grade the 1921 AG03, and the 1923-S AG03 or G04. The 1921 is a solid good, but they (incorrectly IMO) grade based on the numbers in the date. The 1923-S I grade VG08.
Liberty's leg is not worn completely flat on either coin. The actual detail on the coins is somewhere between VG 10 and F12. However, assuming any grading service would grade the coins they would be net graded at no higher than Good because both have a weak single digit date.
I don't care what grade you put on it, no one is going pay decent money for a coin with one digit in the date showing.
According to Dr. Sheldon's grading system, Basal State or "Poor"-01 was a piece that just enough detail to indentify the variety with no damage. In the world of larage cents that detail did not have to include a readable date, but it's different for Standing Liberty quarters. In these cases the varieties are at the date, and you have just enough detail to identify them and no more. It would not take much for the date to disappear on these coins, and if that's the case the rest of the coin does not matter. They would be Grade-00 and fit only for the junk box or the melting pot.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>I don't care what grade you put on it, no one is going pay decent money for a coin with one digit in the date showing. >>
I understand what you are saying, but I don't agree that no one would pay decent money for a dateless or single date quarter. Take the 1916 for example, the dateless FR-02 and AG-03 coins sell well in excess of $1,000 consistently.
Part of the reason that I was asking for opinions is that from what I've seen, the top TPGs are terribly inconsistent with whether they grade by the date, or by the overall detail. Has anyone else noticed that? Anyways, I'm comfortable with calling the coins G-04 and averaging both perspectives into the overall grade. Thank you all for your inputs!
<< <i>I understand what you are saying, but I don't agree that no one would pay decent money for a dateless or single date quarter. Take the 1916 for example, the dateless FR-02 and AG-03 coins sell well in excess of $1,000 consistently. >>
Dateless 1916 Standing Liberty quarters can be differentiated from the Type 1 1917-P quarter by the differences in the folds at the bottom of Ms. Liberty’s skirt. Using the Sheldon standard, the coin is attributable and would qualify as collectable given the rarity of the issue. The trouble with the rest of the series is once the date is gone the coin not worth much if anything over melt.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>I understand what you are saying, but I don't agree that no one would pay decent money for a dateless or single date quarter. Take the 1916 for example, the dateless FR-02 and AG-03 coins sell well in excess of $1,000 consistently. >>
Dateless 1916 Standing Liberty quarters can be differentiated from the Type 1 1917-P quarter by the differences in the folds at the bottom of Ms. Liberty’s skirt. Using the Sheldon standard, the coin is attributable and would qualify as collectable given the rarity of the issue. The trouble with the rest of the series is once the date is gone the coin not worth much if anything over melt. >>
Correct. And a Dateless and slabbed 1916 SLQ is a $1k-1,500 coin if it's otherwise got, say, G-VG details. That's because a Fine is $5k. Once 1916s have dates showing it's an expensive coin with little spread through the grades, a lot of people want one and can't afford a VF one. This is why there's so many AG 16-D dimes out there.
These coins will grade somewhere around G due to the nearly wiped out dates. The 1921 has VG10 Details otherwise IMO and the 23-S has Fine details otherwise.
Bill
Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car
I think it's funny that they're so tight with these, but IMHO the mercury AG/G line has shifted significantly (gotten looser) over the past 20 years. I bought (and sold) a half roll of AG 16D's in the mid 80's that I think now at least half of them would be G's.
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Coin Help
I know that sounds harsh for these coins because the date was set in such a way that it wore off quickly. In 1925 the mint partially fixed that by recessing the date. Years ago I had a Standing Liberty quarter, I think that it was a 1920, that was in a PCGS MS-61 holder. You could barely read the date because of a weak strike, but the coin was a strict Mint State example with no rub whatsoever.
-Paul
According to Dr. Sheldon's grading system, Basal State or "Poor"-01 was a piece that just enough detail to indentify the variety with no damage. In the world of larage cents that detail did not have to include a readable date, but it's different for Standing Liberty quarters. In these cases the varieties are at the date, and you have just enough detail to identify them and no more. It would not take much for the date to disappear on these coins, and if that's the case the rest of the coin does not matter. They would be Grade-00 and fit only for the junk box or the melting pot.
<< <i>I don't care what grade you put on it, no one is going pay decent money for a coin with one digit in the date showing. >>
I understand what you are saying, but I don't agree that no one would pay decent money for a dateless or single date quarter. Take the 1916 for example, the dateless FR-02 and AG-03 coins sell well in excess of $1,000 consistently.
Part of the reason that I was asking for opinions is that from what I've seen, the top TPGs are terribly inconsistent with whether they grade by the date, or by the overall detail. Has anyone else noticed that? Anyways, I'm comfortable with calling the coins G-04 and averaging both perspectives into the overall grade. Thank you all for your inputs!
<< <i>I understand what you are saying, but I don't agree that no one would pay decent money for a dateless or single date quarter. Take the 1916 for example, the dateless FR-02 and AG-03 coins sell well in excess of $1,000 consistently. >>
Dateless 1916 Standing Liberty quarters can be differentiated from the Type 1 1917-P quarter by the differences in the folds at the bottom of Ms. Liberty’s skirt. Using the Sheldon standard, the coin is attributable and would qualify as collectable given the rarity of the issue. The trouble with the rest of the series is once the date is gone the coin not worth much if anything over melt.
<< <i>
<< <i>I understand what you are saying, but I don't agree that no one would pay decent money for a dateless or single date quarter. Take the 1916 for example, the dateless FR-02 and AG-03 coins sell well in excess of $1,000 consistently. >>
Dateless 1916 Standing Liberty quarters can be differentiated from the Type 1 1917-P quarter by the differences in the folds at the bottom of Ms. Liberty’s skirt. Using the Sheldon standard, the coin is attributable and would qualify as collectable given the rarity of the issue. The trouble with the rest of the series is once the date is gone the coin not worth much if anything over melt. >>
Correct. And a Dateless and slabbed 1916 SLQ is a $1k-1,500 coin if it's otherwise got, say, G-VG details. That's because a Fine is $5k. Once 1916s have dates showing it's an expensive coin with little spread through the grades, a lot of people want one and can't afford a VF one. This is why there's so many AG 16-D dimes out there.
These coins will grade somewhere around G due to the nearly wiped out dates. The 1921 has VG10 Details otherwise IMO and the 23-S has Fine details otherwise.
Bill
Garrow
G-4