40 Silver Quarters - Lucky Day!

How odd. He new they were silver and only sold them for face value? Good for you!

i agree with penny pincher!

First of all, .

I'm certainly not bragging about finding the silver quarters. My main point is that you never know what you will stumble across. Nowadays, it is very difficult to find any silver in circulation, but every now and then you get lucky. As proven though statistics on this site, you can go through 20 boxes of halves and find 0 silver and then your next box has 50 silver halves in it. You simply never know what you will come across. I feel I did not rip him off, he could of went to a dealer to sell them, but chose Coinstar instead. I walked into the situation, he did not come to me asking for my advice. If he would have asked I would have been honest with him.

As for your advice-"what goes around comes around", maybe this was kindness coming my way from the lord for some of the good deeds I've done in my lifetime. Just a thought...

with Frazzle but I guess each to their own.

I think I would have told the gentleman his quarters were worth much more than face value and then offered to pay maybe $40 for the lot. I would then ask whether he had other old coins he might want to sell. I would feel virtuous about sharing a small bonanza with him, and perhaps a door for further business would open.

Nevertheless, I don't fault you for how you handled it. He was aware the coins were silver and still wanted only face value for them. Hey, at least you paid better than Coinstar! They charge 8.9% handling fee which would have been deducted if the machine had accepted his quarters.

whoaaaaaaaaa... this one is getting a little hot! If the guy (middle aged, not old) did a simple google search for silver quarter value, he would have found out what they were worth. If he was too lazy to do that, then shame on him. If no one ever bought anything for less than it was truly worth everyone would have a tough time making money. If you slack off for half a day at work do you tell your boss not to pay you for that? You should according to the logic of some members here, since you "ripped him off"...

I know nothing about antique furniture but if I have a piece that I think might be an antique and I sell it to some guy for $100 when it is really worth $800, then shame on me for not doing my research before I parted with my possesion. I wouldn't blame the guy who bought it for $800, just myself for being careless...

So what some of you are saying is that if you go to the bank and get silver coins, you go back in and give them an additional .50-1.00 per coin (or more) because they are worth more than face value. Somehow I'm thinking, No.

Here you have a guy that is willing to give away 10% of his money away to coinstar.(coinstar fees in my area)
So he was willing to sell $10.00 in quarters for $9.00
Theoretically he did give the guy more than what he was expecting to get.
I don't think I would have handled it any different.

Didn't I just see on another thread that somebody picked up a 1908s Indian head for 1.50?
I'm pretty sure that the thought never crossed his mind to say, Hey, this coin is worth 100.00 so here's 100.00 instead.
I know it wouldn't have even entered my mind.
(Please don't be mad at me for using you as an example...it is not a personal attack)

Good catch.

I agree with what some of the others have said. The guy who was willing to put the coins in the coinstar machine actually came out ahead by not having to pay the fee. I also look at it like this, if it was a mutual transaction and both parties are happy then whats the big deal.

Its not like the Silver Eagle twisted the guys arm or anything.

Just my 2 cents worth.

Congrats on your find.