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To Buy, Or Not To Buy!

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Author Previous TopicReplies: 7 / Views: 1,103Next Topic  
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Pennypusher's Avatar
United States
486 Posts
 Posted 06/03/2008  9:55 pm Show Profile   Bookmark this topic Add Pennypusher to your friends list Get a Link to this Message Number of Subscribers
My local dealer has a pretty cool 1932-D Washington quarter in AG condition. I cant find a quote on the coin in that condition. The coin is mine for $85. Is it worth it? +If I purchase the coin I will post pics.
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Zohar444's Avatar
United States
1429 Posts
 Posted 06/03/2008  10:36 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list Get a Link to this Reply
I would save up for a higher grade. Long term it will appreciate more and will be appreciated more.
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Spider5689's Avatar
United States
2269 Posts
 Posted 06/03/2008  10:57 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I am unsure of what kind of budget you have, but it may be worth it for you to save up a little more money and get a higher grade. For a little more money, you can get a Washington quarter in G4.

Either way, good luck with your purchase.
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Elimist's Avatar
United States
632 Posts
 Posted 06/04/2008  02:22 am  Show Profile   Bookmark this reply Add Elimist to your friends list Get a Link to this Reply
The price sounds appropriate for that condition, but as the previous posters above me have noted, if you looking for something very substantial in your condition you may want to save up for a higher grade. An extra 50 bucks may buy a coin in VG condition verses a coin in AG condition. Either way, both coins are going to appreciate, just the higher grades will appreciate at a faster rate than the lower grades. This is a key date after all.

But maybe you just need this quarter to fill a hole in your collection and the condition isn't so important to you. Lots of people do that. Like the 1909-S VDB penny or the 1916-D Mercury dime that go for over 700 dollars in just G-4 condition. People will buy a lower grade because higher grades are just not feasible for most.

Personally, I would do some research (like what your doing now) to find out if this is really a deal for you. If your looking to invest in coins then hoarding key dates will do it for you.
Edited by Elimist
06/04/2008 02:22 am
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 06/04/2008  03:11 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
If you're looking to fill a hole, you can always use it to trade up later in life.
Valued Member
United States
164 Posts
 Posted 06/04/2008  05:30 am  Show Profile   Bookmark this reply Add rohumpy to your friends list Get a Link to this Reply
I looked and looked for the 32D and the 32S in a condition I could afford. A lot has to do with eye appeal. I finally got a 32D in Fine and a 32S in very fine. In terms of eye appeal, the one in fine is easily the equal of the one in VF. What I am trying to say, is that in addition to grade, how the coin looks is also important.

I have them in an album with the other Washington quarters in conditions ranging from EF to AU. They do not look out of place.
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Prethen's Avatar
United States
3234 Posts
 Posted 06/04/2008  11:08 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
It's a very common coin available in virtually all grades. You'll eventually come to dislike having such a low grade coin in your collection. Save a few extra bucks and get at VF+.
Valued Member
Pennypusher's Avatar
United States
486 Posts
 Posted 06/04/2008  1:24 pm  Show Profile   Bookmark this reply Add Pennypusher to your friends list Get a Link to this Reply
Thanks for the input everyone. I am going to another coinshop this weekend, I will keep looking. -PP
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