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40 Silver Quarters - Lucky Day!

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Pillar of the Community
United States
619 Posts
 Posted 08/10/2009  03:15 am  Show Profile   Bookmark this reply Add deadmunny to your friends list Get a Link to this Reply
Silver Eagle, stories like yours and the castigation that follows is very common on this forum. A bank teller here related a similar story of accepting a roll of Walking Liberty halves from a customer and got attacked by some CCF members. Another forum member told a story about purchasing dozens of Morgans for around $6 bucks each at a yard sale and he got an earful too. If you handed the old codger $40, there are some who would still berate you for paying only 4X. Your story is a good one that belongs here, but there are some who will want to make you feel guilty. Moral of story: If you score in this fashion, maybe its best to keep your mouth shut.
Edited by deadmunny
08/10/2009 4:15 pm
Pillar of the Community
Gothic Florin's Avatar
United States
2541 Posts
 Posted 08/10/2009  10:53 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
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...
Valued Member
United States
439 Posts
 Posted 08/11/2009  5:03 pm  Show Profile   Bookmark this reply Add TSOTL to your friends list Get a Link to this Reply
Good catch Silver Eagle.

I'm with Jaobler, if the guy was willing to settle for face minus coinstars cut then he came out ahead with your deal.
Pillar of the Community
mrwisker's Avatar
United States
581 Posts
 Posted 08/11/2009  5:45 pm  Show Profile   Bookmark this reply Add mrwisker to your friends list Get a Link to this Reply
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.
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 08/11/2009  6:16 pm  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Looks like you struck the silver jackpot!
Valued Member
Dkillett's Avatar
United States
140 Posts
 Posted 08/12/2009  10:07 am  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
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.
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