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 Replies: 24 / Views: 3,573 |
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New Member
United States
6 Posts |
According to many places that I've looked online, most 1932-1964 quarters are worth about $10 in an unfortunate condition, yet it's impossible to get one on ebay for that price. Where the heck can a guy get one at a "fair market value" kinda price? Thanks! |
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Bedrock of the Community
13014 Posts |
If you can't find it anywhere for some guide price than the guide is wrong.
Also remember when you order online free shipping isn't free, it's built into the cost
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New Member
 United States
6 Posts |
Agreed. With things like coins, if people will pay above face value then the coin is worth whatever someone is willing to pay. I'm just curious as to where these prices that websites tell you something is worth are coming from. They usually give a price range for something at auction but on ebay the price is usually a good bit higher. I'm guessing they're referencing auctions at auction houses or coin shows? |
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Valued Member
United States
330 Posts |
A lot of ebay sellers have absolutely abysmal price/grade ratios for whatever reason, and this does include rarer things. Cheaper coins are best bought at a local shop, especially when you consider how much the shipping costs inflate the prices. |
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Bedrock of the Community
13014 Posts |
It depends what websites you're referencing. Price guides are wrong in many areas. The vast majority really aren't even worth looking at, real world sales like ebay sales are much more relevant |
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Pillar of the Community
United States
509 Posts |
@kubruceiii, People really don't go to auctions and expect to pay face value and fair market value is a very broad term in coin collecting. As pre 1964 quarters are 90% silver so that is 5.67 grams of silver per quarter so at 16.39 per troy oz is about $1.14 per quarter melt value. With that said, what do you consider "fair market value" and why would a collector want to sell without making a profit? If you are looking just to have a full set of pre '64 Washington quarters PM me and we can probably work something out. |
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Bedrock of the Community
 United States
12477 Posts |
Quote:Price guides are wrong in many areas. The vast majority really aren't even worth looking at, real world sales like ebay sales are much more relevant I agree, but I do use the popular price guides for comparison evaluation. That's about all they are good for. ebay sold prices are really good as long as you account for listing type, seller status and listing quality. Quote:
As pre 1964 quarters are 90% silver so that is 5.67 grams of silver per quarter so at 16.39 per troy oz is about $1.14 per quarter melt value. I don't know where that number came from, but .900 silver quarters have a current melt value of $2.97 (as of this post). In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
06/05/2018 03:02 am
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Pillar of the Community
United States
4333 Posts |
Quote:
As pre 1964 quarters are 90% silver 1964 quarters are also 90% silver, an oft overlooked fact. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Rest in Peace
10197 Posts |
If you consider $10 as a base of what is offered, you're looking in the wrong areas. ebay and other sales sites set prices according to 1) sellers whims and 2)buyers willingness to pay, neither do I consider a "fair market " price. Price guide from NGC/PCGS even Red Book are arbitrary, set acc. to population/rarity/survival. I consistently see quarters(common dates) run $3.25-$4.50 (+15-18% BP) on the auction sites I frequent. These then get "flipped" on ebay for a profit. Oh NO! Let the dirty little secrtct out! |
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Bedrock of the Community
13014 Posts |
Quote:I agree, but I do use the popular price guides for comparison evaluation. That's about all they are good for. ebay sold prices are really good as long as you account for listing type, seller status and listing quality. The one thing I do like price guides for is as a quick reference for where the big price jumps are. That said I will use them sometimes when sufficient sales histories just don't exist which can happen a lot for me. The biggest problem I see with price guides are the same things you list about ebay sales in the sense that people just don't seem to know how to use them. It seems a lot of people see a price in a price guide and think that that is automatically a hard ceiling or that they got a great deal just because they paid less and don't take quality into account enough |
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Pillar of the Community
United States
743 Posts |
I would find a good local coin shop that has a bin with common 32-64 Washington quarters. He/She should sell them for well under 10 bucks each. That's how I have been filling up my Quarter album. |
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Valued Member
United States
265 Posts |
I usually pay $3.25-$3.50 for average circulated silver Washington quarters. Some of the quarters from the 1960s you could probably get in BU condition for under $10...probably closer to $5. I usually buy my coins from coin shows and a trusted seller from a flea market. |
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Pillar of the Community
United States
1911 Posts |
Well if it is 90% silver coins you are interested in buying, become more familiar with this forum and spend some time posting here as it is often people sell silver coins on here and as of lately can range from 12-13x face value (ex. $3-3.25 per quarter) which is nice because they are lower than ebay in most cases. |
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Bedrock of the Community
United States
20753 Posts |
Have you tried looking up coin shows.
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Moderator
 United States
187864 Posts |
 to the Community! Coin shows are always my first choice, but I have been increasingly looking on ebay, at least for my graded Ikes. I think deals are to be found on ebay, but it does take a lot more effort, in my opinion. |
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Pillar of the Community
United States
1901 Posts |
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Replies: 24 / Views: 3,573 |
Posted 06/05/2018 02:07 am
