What would a 1962-P Type B Washington Quarter Worth in MS66 and MS67?
Rampage
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Thanks, Richard.
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edited to add......I just realized, I didn't actually answer your question...I'm not sure if anyone could, though Mitch does contribute to the price guide on these, so, perhaps he can chime in...and I must add...a non-Type B in MS67 shows $6,000 on the guide, so.........
I believe that MS67 Ty B 1962 quarter was simply "cherrypicked" off one of the smarter Washington Quarter dealers in the land, who sold it as a "regular MS67 coin" for regular MS67 money at the time. A lovely 1962-P Quarter in MS67 just sold for BIG money in the 1/11 Bowers Fun Sale (over $6,600!) I had sold that coin to a customer for a fraction of that price a long time ago. On another day, a typical white MS67 specimen might fetch thousands of dollars less than that price. So, assuming that MS67 Ty B is also essentially a white coin (I believe I was told it is), I am not sure exactly how much money over a pretty toned specimen the coin would command. And, it really is probably a moot point, as I suspect the owner has no intention of selling it any time soon and might even turn down $10,000 for it. Yet, if a second coin was slabbed in MS67 and was just a typical white example, it might fetch just a fraction of that price. If I wanted the pop 1 MS67 coin bad enough for my set, I might have to offer $15,000+ to have a chance to get it (sometimes you need to PAY UP for the coins you want - we all know the recent story of the 43-D copper cent of course). Heck, the owner might counter me at $20,000! Does that mean the coin is worth $15,000 - $20,000? Just my 2 cents and I can't wait to hear the comments of the other Ty B enthusiasts.
Wondercoin
<< <i>The fellow that had an MS66 and the MS67 of that 1962 Ty B coin traded me his dup MS66 for my dup 1961 MS66 Ty B. Close enough trade to make it work for both of us ... we have done a number of deals over the years and perhaps he got a little better value than I did on this one, but, as I said, close enough.
I believe that MS67 Ty B 1962 quarter was simply "cherrypicked" off one of the smarter Washington Quarter dealers in the land, who sold it as a "regular MS67 coin" for regular MS67 money at the time. A lovely 1962-P Quarter in MS67 just sold for BIG money in the 1/11 Bowers Fun Sale (over $6,600!) I had sold that coin to a customer for a fraction of that price a long time ago. On another day, a typical white MS67 specimen might fetch thousands of dollars less than that price. So, assuming that MS67 Ty B is also essentially a white coin (I believe I was told it is), I am not sure exactly how much money over a pretty toned specimen the coin would command. And, it really is probably a moot point, as I suspect the owner has no intention of selling it any time soon and might even turn down $10,000 for it. Yet, if a second coin was slabbed in MS67 and was just a typical white example, it might fetch just a fraction of that price. If I wanted the pop 1 MS67 coin bad enough for my set, I might have to offer $15,000+ to have a chance to get it (sometimes you need to PAY UP for the coins you want - we all know the recent story of the 43-D copper cent of course). Heck, the owner might counter me at $20,000! Does that mean the coin is worth $15,000 - $20,000? Just my 2 cents and I can't wait to hear the comments of the other Ty B enthusiasts.
Wondercoin >>
I think that you hit the mark pretty good.
When you are talking about a pop 1/0 coin, the price could go anywhere... heck even a 2/0. There are several factors that go into price of a piece like this.
Correct me if I am wrong, but haven't all the top pop type b's stayed locked up and not been offered for sale. Of course I am talking about the 67's and the 66's in the tough dates.
Wondercoin
Good question. I think there was a flurry of interest when they were added to the complete registry sets which has died down now. I notice offerings on Teletrade are way down and prices too. In the meantime there are more on Ebay and prices have been pretty gopd there for PCGS ones.
<< <i>A 1964 D type C is truly scarce when compared to any circulation strike silver type B. I also think MS 63 is mighty respectable for this coin. Other folk who want to check the poulations might be better able to answer this. >>
$300 - $400 for an MS63 Type C is not unreasonable.
As for the 1962 Type B's.
These are just hard to find and I think the populations bear that out.
After the forums got wind of the Type B Reverse, interest went way up and submissions soon followed as PCGS attributed the coins and sales began occuring.
I do believe that folks were submitting literally anything which was a Type B and then reselling them.
Todate, the lowest pops are the 1956 at 50 across all grades, the 1961 at 62 aross all grades, and the 1962 at 64 aross all grades. Given the relative values these coins have in MS66 you can bet your paycheck that if anybody had them then they would have submitted them.
The name is LEE!
<< <i><<Wow! I remember, and it was not that long ago, Washie type b threads were well discussed. This fell off the first page quick! What the he!! happened????>>
Good question. I think there was a flurry of interest when they were added to the complete registry sets which has died down now. I notice offerings on Teletrade are way down and prices too. In the meantime there are more on Ebay and prices have been pretty gopd there for PCGS ones. >>
Ken, the type B cheerleader was banned.
<< <i>Thanks for the info on the Type C- Seems like it should go in for grading its a POP 13/13 in MS63. You can see this variety with the naked eye. I am not a quarter guy, but now my interest is piqued. This was cherried at a show in a dealer cheap slab section, for $7. The really weird thing, I can't for the life of me think of why someone would have submitted it in the first place, common date in low MS. >>
Wow, if you got that type c for $7 then I would submit it right away. That's a pretty good find.