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 Replies: 27 / Views: 5,506 |
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New Member
United States
9 Posts |
Hello members:
I just joined this very helpful site today and really would appreciate feedback from you.
I have a collection of bicentennial quarters that I've held on to the past 25 years. $437 worth of them. All were previously in circulation.
Yesterday I listed the collection on a very popular auction site (not sure if I'm allowed to mention where).
I received a response yesterday from a guy in my own town who is offering me $600 if I'll end the auction early and sell to him.
There are no other collections anywhere near this size currently on that auction site, and so I feel that mine is somewhat special.
My question is: Do you think my auction could fetch more than $600, or should I consider this an excellent price and sell?
It's a 10 day auction so I won't know until next Sunday what the results may be
I really would love to hear from any and all experts in the group. Thank you so much for your help.
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Pillar of the Community
United States
863 Posts |
I'm no expert on bicentenial coins but id pay 437 for them :).
Usually big sales like that won't take off till the last 24 hours. Have You had any bids on it
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Pillar of the Community
United States
561 Posts |
I love bicentennial quarters and usually keep all of them that I come across but it is more for sentimental reasons than anything else. I don't know that I would ever pay much of a premium for them and don't really see many collectors offering a big premium for them. You would be getting 38% above face for them and that seems a great deal to me but you have to do what you think is best for you.
It will be interesting to see what the others say.
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Pillar of the Community
United States
2295 Posts |
 If it is me, I would take it. Since the quarters are from circulation, they would really only be worth face value. It is hard to tell if you would ever get a better deal though. Is there a way to tell how many people are watching it? And what is the current price of the auction at? And do you have to mail them? Shipping could be very, very expensive, so make sure they pay for shipping. It'll be interesting to hear others views on it.  |
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New Member
 United States
9 Posts |
Thanks for all your help thus far. To answer a few of your questions, three people are already watching the auction. I started the auction at 1 penny and it is still there. I do agree with the person who said that it would be the last day until it really takes off.
Looking forward to other opinions and thank you so much for the replies thus far.
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Pillar of the Community
United States
797 Posts |
I would think your best bet would be to take the offer. If you have that kind of valid offer, I doubt you are going to top it via the auction because those quarters don't really command much of a premium (if any) especially in circultaed condition.
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Rest in Peace
United States
1943 Posts |
Keep in mind if I saw your auction I would watch it too. But I would watch it to see if anyone pays more than face value for Bicentenial Quarters. If it were me I would sell them for the offer but I would be cautious if the person wanted to meet me to pick them up since he is local. The price just seems way too high to me and I would worry if he has another plan in mind. Good luck with your decision.
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New Member
United States
9 Posts |
Thanks again for you opinion and advice. Leaning towards excepting the offer with what I've seen here, but I'll let things hang out there for a little while and let everyone that may want to chime in.
Thank you all
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Valued Member
United States
372 Posts |
Sounds like a Nigerian Princess on the other end. I would let the Auction Ride and don't Pay Shipping on Your End.
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Pillar of the Community
United States
1745 Posts |
If they were pulled from circulation, not much more than face value. Take the money, provided you do it in a safe manner.
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Pillar of the Community
United States
3276 Posts |
If you could get anything over face for those then take it! If you went to a coin dealer, they would offer less than face. lol.
Go for it!
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Bedrock of the Community
 United States
12815 Posts |
I know you said they're circulated, but you might want to take an evening and look over your quarters and see if there are any that meet any of the criteria in the articles cited in this recent thread: https://goccf.com/t/116307 |
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Bedrock of the Community
United States
12815 Posts |
Oh, and ! |
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Pillar of the Community
United States
7840 Posts |
I would say jump on this offer like a duck on a junebug!  43.7 rolls would be pretty heavy. You did not offer FREE shipping did you?  (5.67 grams per quarter x 40 quarters) divided by 453.592 grams per pound = 0.5 pounds
5.67 * 40 = 226.8
226.8 / 453.592 = 0.50000881849768073510996666607877
0.50000881849768073510996666607877 * 43.7 = 21.85038536834865 pounds
Math is fun.Read more: http://wiki.answers.com/Q/What_is_t...xzz1rxYVAKXhEdited by oih82w8
04/13/2012 5:52 pm
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New Member
United States
9 Posts |
"(5.67 grams per quarter x 40 quarters) divided by 453.592 grams per pound = 0.5 pounds
5.67 * 40 = 226.8
226.8 / 453.592 = 0.50000881849768073510996666607877
0.50000881849768073510996666607877 * 43.7 = 21.85038536834865 pounds
Math is fun."
Okay, that's impressive right there. I put them all on the scale after packaging them up yesterday and that's exactly what they weighed. 21.8 pounds
I put down $20 for shipping costs, so I'm pretty well covered there unless they go out to the west coast.
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New Member
United States
9 Posts |
Can't thank all of you enough for all of this advice. I'll definitely check out that link you provided me as well, and maybe I'll just go back through them tonight. I contacted the guy and offered them to him for 600. Have yet to hear back from him but offered Sunday as a day for the deal.
I'll definitely let you guys know if the deal goes through alright, or if I end up with my quarters gone and a brand new hole in me.
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Replies: 27 / Views: 5,506 |
Posted 04/13/2012 3:42 pm
