1901-S Barber quarter graded Good 4 and sold for $5,875 'nearly perfect for the grade': Market Analysis

Portion of Market Analysis column from Oct. 20, 2014, issue of Coin World
By , Coin World
Published : 10/07/14
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The following post is pulled from Coin World editor Steve Roach’s Market Analysis column in the Oct. 20 issue.

The 1901-S Barber quarter dollar has a reputation as the rarest regular issue 20th century coin, with a low mintage of 72,664 pieces. Most examples today are in low grades and the issue enjoyed heavy circulation. While collectors benefit from having a wide-range of well-circulated examples to select from, with many in grades of Fair and About Good, the coins often have impairments such as cleaning or damage. Mid-range coins in grades around Fine are scarce. 

Here is one of three that represent the different price and quality levels within the Good 4 grade:

The coin: 1901-S Barber quarter, Good 4, CAC

The price: $5,875

The story: There are examples that are OK for the grade, and then there is the occasional example that is nearly perfect for the grade. This 1901-S Barber quarter dollar is about as good as it gets, for a Good 4 coin. It offers very pleasing surfaces with color described as “dove-gray and steel blue” and virtually full rims on the reverse.  

Graded Good 4 by Professional Coin Grading Service with a green Certified Acceptance Corp. sticker indicating quality within the grade, it brought a strong $5,875 at an April 23, 2013, Heritage auction. That price is substantially more than the $4,000 that a solid Good 4 example might bring, but less than the $8,000 that a Very Good 8 example may realize at auction. 

Read the rest of Steve Roach's Oct. 20 Market Analysis:

Selling price of worn-rimmed 1901-S Barber quarter doubles from 2001 to 2014

Cleaning of 1901-S Barber quarter graded Good 4 likely dropped coin's selling price $1,000 to $1,500

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