Monday, May 10, 2010

1901-S Barber Sells Big!


The most talked about coin in 2010 is a 1901-S Barber quarter that was originally graded MS-68, and then regraded a MS-68+. Bids for it have reached and exceeded $300,000. Let’s just say that it’s not the kind of coin you keep in coin folders. This bad boy would be the centerpiece of my coin collection, and I would research specialized coin holders to showcase it for all of my friends to see.

There has been contention as to whether this coin was dipped. Dipping, or natural toning, is regarded differently according to different collectors. Some collectors value the “original skin” of a coin, but others don’t mind if it looks a little nicer. But because all older coins develop certain flaws,it is practically impossible for an antique coin to be graded a 70.

The Barber coins are named after Charles E. Barber, chief engraver of the U.S. Mint from 1880 to 1917. His Liberty Head design was very popular and appears on the nickel, dime, quarter and half. This quarter, the rarest of all Barber coins, is impressively graded, a true rarity, since all of the Barbers were in circulation for such a long time. The collector who bought it has surely made a good investment, and a great addition to his coin collection.

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