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 Replies: 9 / Views: 15,462 |
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New Member
United States
48 Posts |
*** Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! ***Thanks for your help! Anyone know the worth of this quarter? 
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Bedrock of the Community
United States
12437 Posts |
Delaware quarters with a full die crack from mouth to rim can sell for $5-10 on ebay. However, the crack appears to be very short on your coin, not even extending into CAESAR RODNEY, so that would greatly limit the value. Edited by biokemist6
07/19/2017 01:46 am
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Pillar of the Community
United States
1609 Posts |
Its a neat find, and though realistically it's only worth face value, you might be able to snag a buck or two from it on ebay. |
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Pillar of the Community
United States
5964 Posts |
There are collectors of all errors. Die Cracks are not high on the list, but are on the list. This one is famous, You could list it for $12 with best offer and probably get $6. The true value of any coin is what the owner is willing to sell it for.
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Pillar of the Community
United States
2189 Posts |
Quote:
The true value of any coin is what the owner is willing to sell it for. The true value is what someone is willing to pay for it. |
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Pillar of the Community
United States
1781 Posts |
It's not the one with the longer crack. Value minimal. Maybe a buck or two.
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Pillar of the Community
United States
5964 Posts |
Quote:
The true value is what someone is willing to pay for it. I disagree Jasper. The true value is what the owner is willing to sell it for. This applies to anything that is for sale, coins, cars, lunch, etc. Do you think if you're willing to pay $100 for a new car, that's the value? One can shop around and maybe find an item cheaper somewhere else, but still has to pay whatever the owner values it at. Good eye Koinpro.  maybe a buck or two for the short crack.
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Pillar of the Community
United States
4846 Posts |
CoinMasters, if no one is willing to pay more than $100 for that car, then yes, it's only worth $100. It's not worth what 1 person thinks it is, it's worth what everyone thinks it is. If I listed this coin on ebay for $1 million, would it make it worth $1 Million? Edited by Adam_E
07/20/2017 03:51 am
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Pillar of the Community
United States
5964 Posts |
Cars are listed in blue books, coins are in the Red Book. Both books are "suggested guides" to worth/value for a particular class of items. What I'm talking about is a particular item, in this instance the OP's coin. If the owner of a 1955 DDO cent values his coin at $5000, and won't sell it for any less, then to the owner it is worth/valued at $5000. No one can change that by offering less. The only way to change the worth/value of it is meet or beat the owner's price and become the new owner. The new owner may then set the price at $100 if he likes. lol The price/worth/value of any particular item can only be set by the owner. If the owner wishes to sell, and prices it higher than anyone wants to pay, then the owner has in essence, has bought it himself. Also, if the owner won't sell for any price, then that particular item is (in the strictest sense of the word), priceless. |
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Valued Member
United States
212 Posts |
What an interesting debate I missed by a year. --I think about stuff like owner vs. buyer value a lot. It's pretty deep philosophy, under the veneer of money, which can feel very shallow to discuss, but there you have it. Why is a beloved family pet worthless in court? Why is a tiny lump of yellow metal worth a thousand bucks? Why is a painting by 'this' person "priceless"? And coins? FAH-GET ABOUT IT! Ha.
I recently had a diamond ring appraised at $5-700 (not insurance or retail value mind you, but what I should expect to actually get for it). After a few attempts I managed to get only $350 for it. Maybe I could have tried harder, went through better channels, or should have been more patient, but in truth I felt like I robbed the buyer, and would have felt the same if it were only $50. Why? Because I think diamonds and gold are the silliest things in the world. Meanwhile, I have a cyclops piglet preserved in alcohol I'm thinking of auctioning. I once saw a similar one sell for over $600 and it wasn't even as impressive as mine. But regardless of what people may be willing to spend on mine, I would set the minimum bid at $500, because I would rather continue having this monstrosity to look at and show off, than have any less than $500.
In short, maybe the way to phrase owner/buyer worth is this: MINIMUM worth is up to the owner; MAXIMUM worth is up to the field of buyers.
Edited by Kawliga
11/10/2018 5:08 pm
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Replies: 9 / Views: 15,462 |
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Posted 07/18/2017 2:52 pm
