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 Replies: 34 / Views: 5,059 |
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Bedrock of the Community
United States
10982 Posts |
It looks like a nice piece and many collectors would love to own. $1100 is full retail so the price was not a great deal but you didn't overpay either. 2014 auction records show NGC MS62 pieces ranging from $969 to nearly $1300 with $1100 being about the average in 2014. PS: The PCGS MS62 that "sold" on ebay for $862.69 was 6 weeks ago from a "0" feedback seller that still has "0" feedback 6 weeks later. It is not a valid data point. |
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Pillar of the Community
 United States
5856 Posts |
Thanks for all the responses, guys! As always, I will repeat to my wife the ones that say I got a good deal and just ignore the rest...  |
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Pillar of the Community
Canada
4944 Posts |
Edited by Canadian-Banknotes
10/28/2014 11:35 pm
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Pillar of the Community
United States
2311 Posts |
I think you did fine. It's not the best deal but like SOME people said, the cheaper ones were ugly. This one you paid extra for, but it is nicer. Never go by book-values or that website, prices aren't true. They value my Gold coins in the 400-500 range and on ebay they get only 330-380. |
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Pillar of the Community
United States
1839 Posts |
I bought a coin from the same guy a week or two ago. He's a good guy. As for the price I think you paid about the right amount. Looking at auction history most of ones that have gone for under $1000 are not very attractive. The nicer looking ones like the one you got seem to go somewhere between $1050 and $1200. http://www.ngccoin.com/auction-cent...coinid-15791Like others have said, two coins of the same grade do not mean they should always be the same price. Just take a look at the crazy prices the colored Sunnywood/Simpson Morgans recently brought at the Legend Auction to see how this is true. Heck, I've paid almost double guide price for some coins in the past and would do it again when warranted. The key word in the term Guide Price is the word "guide" Edited by Tbone
10/29/2014 01:32 am
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Bedrock of the Community
United States
17884 Posts |
I wish NGC would use better pictures on their verification page. I am not able to match the ebay coin to the NGC coin. The ebay image shows at least five good contact marks on the obverse that should identify the piece and I can't find any of those five marks on the NGC verification image even after I blow it up to full page and then magnify the image on the screen. |
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Valued Member
United States
234 Posts |
I bought a coin set off the bay for $550 ebay history told these silver State Quarter sets go from $425 to $1000. Does that mean I got a bad deal. No. Just means I paid on the lower part of the range. Best offer situations can depend on A. How long has the dealer had the coin in his inventory. B.How quickly he wants to turn over his inventory. |
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Pillar of the Community
United States
7375 Posts |
I'm in the "slightly overpaid " camp. When I'm considering an expensive coin, I always check the recent ebay sales, and might even check the Heritage sales as well, along with the price guides. The price guides can be out of whack, but for high demand coins like yours, are closer to reality. IMO current market value is the best indicator of what a coin should cost. I'd think about possibly returning it if you think you can pick-up $100 or more. Like was mentioned above, negotiating skills improve over time. |
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Pillar of the Community
United States
5856 Posts |
The coin just arrived and it looks really nice to the naked eye. I'll try to take some close-up pictures (which will, as usual, reveal all the flaws I can't see with my naked eye) and post them as soon as I get the chance.
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Pillar of the Community
United States
4337 Posts |
nice buy Barry. I think you're inline with pricing on that coin. You could also consider a PCGS crossover and ask them to consider MS63/64. It's worth a shot. Worst case, they say no. Best case you pick up a point and/or crossover MS62 PCGS which will have a bit more value for future resale.
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Bedrock of the Community
United States
10982 Posts |
Quote:
The coin just arrived and it looks really nice to the naked eye. I'll try to take some close-up pictures (which will, as usual, reveal all the flaws I can't see with my naked eye) and post them as soon as I get the chance.  I like the looks of your coin. Great! Now I'm interested in mintmarked 1932 Washie's because of your coin. I've never purchased a Washington quarter to collect.  |
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Valued Member
United States
470 Posts |
In the grand scheme of things who cares if you over paid or got a good deal. You can't really analyze every transaction and you will never get a consensus in an open forum. There will be those who try to give it to you straight and there will be those who don't want you to feel bad and try to lift your spirits.
Truth is that every time coins trade hands, it's an adversarial situation. The seller wants to maximize his profit and the buyer wants to pay as little as possible. No one can say what's fair in those situations. If you are happy with the purchase, who cares if you paid to much. When you buy the next coin, you might make out better. As long as you are happy is all that matters. It's your collection. These types of posts only get folk riled up for no good reason but grumpy old men do love to bicker over just about anything.
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Pillar of the Community
 United States
1949 Posts |
Excellent looking coin. I do not think you overpaid at all, coin looks to be on the very high end of the spectrum. I have also purchased off that seller before, very nice coins and very reasonable on best offers
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Pillar of the Community
United States
5856 Posts |
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Pillar of the Community
United States
1704 Posts |
Quote:
In the grand scheme of things who cares if you over paid or got a good deal. You can't really analyze every transaction and you will never get a consensus in an open forum. There will be those who try to give it to you straight and there will be those who don't want you to feel bad and try to lift your spirits.
Truth is that every time coins trade hands, it's an adversarial situation. The seller wants to maximize his profit and the buyer wants to pay as little as possible. No one can say what's fair in those situations. If you are happy with the purchase, who cares if you paid to much. When you buy the next coin, you might make out better. As long as you are happy is all that matters. It's your collection. These types of posts only get folk riled up for no good reason but grumpy old men do love to bicker over just about anything. Well said. This quarter has very nice mint luster and eye appeal. What marks are on it are not distracting at all. I put together a complete date/mint set of Washington quarters, 1932-1980, in BU and Proof back in the 1970's-80's and the 1932 quarters from all three mints are typically weakly struck, almost mushy looking. This one has a better than average strike. |
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Replies: 34 / Views: 5,059 |
First Page
Posted 10/28/2014 10:25 pm
