This Just In! Woo-Hoo! Washington Type C

19Lyds · July 21, 2011 7:03AM

Now a population of 2 with 1 higher

..

This will replace my MS64!

Unknown · July 21, 2011 7:08AM

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llafoe · July 21, 2011 7:10AM

Windycity · July 21, 2011 7:16AM

Congrats! Great grade for that coin.

cladking · July 21, 2011 7:40AM

Cool.

That is the clad reverse, is it not?

wondercoin · July 21, 2011 7:42AM

Congrats Lee!!!! Can you please try to make me one now!!!

Wondercoin

DIMEMAN · July 21, 2011 7:51AM

Nice coin.......and a really neat variety!

1tommy · July 21, 2011 8:14AM

You"re on one heck of a roll Congrats and its almost another you suck. More to the story where and when did you find this? Amazing Job, time to upgrade my 63 thanks for the giveaway lol Enjoy

keyman64 · July 21, 2011 8:26AM

DCW · July 21, 2011 8:28AM

Nice score. Still a scarce variety, right? What's the population on these now?

Type2 · July 21, 2011 9:48AM

Very nice I have been trying to get a 65 for some time. I have 45 to MS64 I need to keep on looking.

19Lyds · July 21, 2011 9:52AM

<< Cool.

That is the clad reverse, is it not? >>

Yes it is. Also known as the Reverse of 65!

Just happened across this on eBay after Julian had listed it as an unattributed Type C. The price was VERY Right so I snatched it.

19Lyds · July 21, 2011 9:54AM

<< Nice score. Still a scarce variety, right? What's the population on these now? >>

Population is definitely growing but on the "circulated" end of the spectrum. 1 in MS66 and 2 in MS65 with 1 in 64 and 13 in 63.

cladking · July 21, 2011 1:05PM

<< Nice score. Still a scarce variety, right? What's the population on these now? >>

They're a pretty small percentage of mintage and BU rolls are being
melted disproportionately to circulated coins right now. BU rolls are
available and in the hands of more knowledgeable people so lots of
these get sold as junk silver and go to the melting pots. It will take
years for "all" the circulated coins to get melted.

In twenty years this coin will probably be unusual in MS-60 and more
common in MS-63 and XF.

It will never have a high population unless somehow most of the coins
get checked and this seems very improbable.

LotsoLuck · July 21, 2011 2:01PM

Major cool factor

ProofArtworkonCircs · July 21, 2011 3:11PM

WTG Lee!

morgandollar1878 · July 21, 2011 5:10PM

Congrats on the find. How did you come across it?

rec78 · July 21, 2011 5:16PM

Great variety which i hope to acquire one day. Very Nice !

Dennis88 · July 23, 2011 2:29AM

Can somebody please explain what this type C is all about? I have heard about them but have no idea what to look for.

Dennis

19Lyds · July 23, 2011 4:45AM

<< Can somebody please explain what this type C is all about? I have heard about them but have no idea what to look for.

Dennis >>

The Type C is simply the reverse intended for the 1965 CopperNickel Clad Quarters.

1964 90% Silver quarters were minted well into 1965 to address the nations coin shortage and the result was that a die intended for the clads got put in a 90% Silver machine.

Without getting myself into too much trouble, I'll just post what James Wiles stated about RDV-001 (Tyoe A) and RDV-003 (Type C) in a handout from his 2003 Baltimore ANA Theater Presentation:

Type A (RDV-001)

Type C (RDV-003)

ProofArtworkonCircs · July 23, 2011 2:19PM

Here is a thread with both an excellent picture of a Type C and further on in the thread a table of differences.

http://forums.collectors.com/messageview.cfm?catid=26&threadid=745095&highlight_key=y&keyword1=true views of 3

I find a 1964 D type C very easy to recognize in hand, but it can be tough from a picture as some of the otherwise excellent PUPS do not show up well.

Today I find the best thing to use on pix is the leaf to the right of the lower arrowpoint barb and the leaf to the right of the tailfeathers. Both jut up above the bottom of the barb or tailfeather and are quite sharp.

I think it is Mr. John Wexler that has now identified two separate dies for the 1964 D C.

NotSure · July 26, 2011 4:28PM

THIS is REALLY a thread I really wanted to post to while I was on the 'DL'.

Lee, that was a very nice 'pluck'. Had it been on there for more than the half hour you probably let it sit for, I would have been showing that! Well done....you deserve it!

How do you feel about the winning bid on the MS64 that you sold? You can let me know by PM if you'd like.

But, regardless, you've had a good, nah, great year, thus far, and it's only 2/3 over!!

wondercoin · July 26, 2011 5:20PM

"How do you feel about the winning bid on the MS64 that you sold?"

Good question ... Lee: What do you think the Price Guide should be on the Ty C in grades MS64 and MS65?

Wondercoin

1tommy · July 26, 2011 9:40PM

<< "How do you feel about the winning bid on the MS64 that you sold?"

Good question ... Lee: What do you think the Price Guide should be on the Ty C in grades MS64 and MS65?

Wondercoin >>

Is there anyone at pcgs that I should talk to about the price guide? Tried to sell one of my 67cameo superbird at heritage and was told they would not except the coin because it would not sell for 800 or more. Price guide is at 1500 WAY WAY OFF and being I was a newbie last year and paid over 800 for my first one. I just wish for the newbies thats the first thing they need to understand some of these are so far off. thanks..........

wondercoin · July 27, 2011 1:38AM

1Tommy: I will mention your observations to the Price Guide editor later this week.

Wondercoin

Bankerbob56 · July 27, 2011 2:16AM

<< 1Tommy: I will mention your observations to the Price Guide editor later this week.

Wondercoin >>

Hey Mitch! Not to steal a thread or anything but I think the prices listed in the guide for Washington's are all way off!!! As a strong collector in this series (nothing to your level obviously!) I must admit to not paying anything near current price guide values for any washington in higher (ms67) grades!

Bob

wondercoin · July 27, 2011 2:30AM

Bob: Are you speaking about silver Washingtons, clad Washingtons or? Also, some of the MS67 coins I thought I saw MOC offering ABOVE the guide prices to fill slots in his set recently? But, generally speaking, should the Price Guide reflect exactly what a coin fetches in a Heritage sale or an ebay auction, or perhaps 20% or 25% higher?

Let's bring the question right back to this very thread. Lee just sold his Ty C MS64 quarter this past week in an honest, no reserve, auction on ebay for about $338. So, what should the Price Guide be on the coin? $340 based upon the last sale? 25% over $340 based upon a "retail" level above the ebay offering? $400 because I would personally pay sight-seen $400 for a PCGS-MS64 Ty C quarter right this minute. $460 because I would want to "mark up" any purchase I made by about 15% (i.e. I would be asking $460 for one of these if I had one available for sale and a customer wanted one). $500 because these coins are really neat and super scarce and the public just doesn't "get it" yet (LOL). Seriously, what should the Price Guide be on the Ty C quarter in MS64 and MS65 grade right now?

Wondercoin

P.S. Edited to add .. I also bought one from a board member for $450 already. Should that transaction factor into the Price Guide level?

GRANDAM · July 27, 2011 2:50AM

Lee,

I'm not sure if "You Suck" on this one or not

I think there is a limit of (2) per month

GrandAm.

wondercoin · July 28, 2011 4:39AM

"Is there anyone at pcgs that I should talk to about the price guide? Tried to sell one of my 67cameo superbird at heritage and was told they would not except the coin because it would not sell for 800 or more. Price guide is at 1500 WAY WAY OFF and being I was a newbie last year and paid over 800 for my first one. I just wish for the newbies thats the first thing they need to understand some of these are so far off. thanks.......... "

Price Guide will be adjusted to $800 in your grade later this week. Heads up.

Wondercoin

1tommy · July 28, 2011 4:54AM

<< "Is there anyone at pcgs that I should talk to about the price guide? Tried to sell one of my 67cameo superbird at heritage and was told they would not except the coin because it would not sell for 800 or more. Price guide is at 1500 WAY WAY OFF and being I was a newbie last year and paid over 800 for my first one. I just wish for the newbies thats the first thing they need to understand some of these are so far off. thanks.......... "

Price Guide will be adjusted to $800 in your grade later this week. Heads up.

Wondercoin >>

You know what I am man enough to take that and its just to bad that last year when I paid the 850 to heritage for my first one Than sending it off to get it attributed and thinking I really got a deal Instead I get A Newbie Lesson.But I would rather this be done now than later..............Enjoy

don't mean to hijack this great find by lee.................

19Lyds · July 28, 2011 5:28AM

<< Lee,

I'm not sure if "You Suck" on this one or not

I think there is a limit of (2) per month

GrandAm.

>>

This was "definitely" NOT a You Suck scenario.

19Lyds · July 28, 2011 6:16AM

<< Bob: Are you speaking about silver Washingtons, clad Washingtons or? Also, some of the MS67 coins I thought I saw MOC offering ABOVE the guide prices to fill slots in his set recently? But, generally speaking, should the Price Guide reflect exactly what a coin fetches in a Heritage sale or an ebay auction, or perhaps 20% or 25% higher?

Let's bring the question right back to this very thread. Lee just sold his Ty C MS64 quarter this past week in an honest, no reserve, auction on ebay for about $338. So, what should the Price Guide be on the coin? $340 based upon the last sale? 25% over $340 based upon a "retail" level above the ebay offering? $400 because I would personally pay sight-seen $400 for a PCGS-MS64 Ty C quarter right this minute. $460 because I would want to "mark up" any purchase I made by about 15% (i.e. I would be asking $460 for one of these if I had one available for sale and a customer wanted one). $500 because these coins are really neat and super scarce and the public just doesn't "get it" yet (LOL). Seriously, what should the Price Guide be on the Ty C quarter in MS64 and MS65 grade right now?

Wondercoin

P.S. Edited to add .. I also bought one from a board member for $450 already. Should that transaction factor into the Price Guide level? >>

Teletrade shows this for sales over the past 3,000 days. (Hopefully) For an NGC Rev of 65, Teletrade Shows This.

I thought that the price guide was supposed to reflect current Auction Sales?

Whatever. For the time being, these appears to be in demand by only a few "seasoned" collectors and have yet to be accepted much less understood by the general collecting population to want to put serious money on the coins. I would have appreciated higher bids but evidently my winning bidder did not have any competition. Had I known that you would have paid $400 for the coin sight unseen, I most assuredly would have sent it your way thereby saving myself $37.19 in fees and actually might have shown a profit on the coin which I paid $345 for 3 years ago.

This is not to say that these are as easy to locate as the Type B counterpart because they are not. Lot's of dealers and collectors are always on the look out for them. I know for a fact that Gene Bruder has them real high on his priority list.

Yes, I was a bit disappointed with the price as I expected over $400 but thats just the way it goes.

The SuperBird Washingtons may also fall into this category of coins which have a limited audience of which primarily exists on coin forums. While the prices may appear high in the price guide, real prices in real auctions may vary greatly.

wondercoin · July 28, 2011 8:57AM

Lee: I agree with nearly everything you just said and, in fact, I did pay a board member $450 previously for an MS64 (and have no complaints about that deal to this day). This is why the job of editor of the Price Guide is such a difficult job. There is no way I would adjust the price of an MS64 grade to reflect the $338 your coin just sold at. I would personally be comfortable with a $400-$500 price guide range for the MS64 grade. So, what about the MS65 grade? What should the jump in price be for that one?

Wondercoin

19Lyds · July 28, 2011 9:03AM

<< Lee: I agree with nearly everything you just said and, in fact, I did pay a board member $450 previously for an MS64 (and have no complaints about that deal to this day). This is why the job of editor of the Price Guide is such a difficult job. There is no way I would adjust the price of an MS64 grade to reflect the $338 your coin just sold at. I would personally be comfortable with a $400-$500 price guide range for the MS64 grade. So, what about the MS65 grade? What should the jump in price be for that one?

Wondercoin >>

Oh, I think $500,000 oughta do it!

19Lyds · July 28, 2011 9:09AM

Just Kidding.

$850 or $1,000 oughta do it until another one pops up.

The trouble with these is that they seldom see any steady sales to make a specific price guesstimate and as such, everything is pretty much a guess.

From my standpoint, I've been known to bid some big bucks on some scarce modern stuff with the intent of simply adding it to a collection. The flipping only comes if there is an upgrade which is what occured for my MS64. At that point, it's still just a "collecting" venture.

This Just In! Woo-Hoo! Washington Type C

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