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Washington Quarters / Good Buy Or Not?

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SpringCypress's Avatar
United States
666 Posts
 Posted 07/12/2008  10:24 am Show Profile   Bookmark this topic Add SpringCypress to your friends list Get a Link to this Message Number of Subscribers
I was at a local coin shop and was getting ready to leave when I ran across an album of Washington quarters. It was complete from 55-D on with 19 MS-63 or higher coins. The album itself was one of the new H.E. Harris folders.

Price Tag = $100

I bought it for $90. This was a fairly good deal wasn't it?

I don't know that much about Washington quarters... I have a complete set, but they're all well circulated examples that I was able to pull from the junk bins years ago... (except for the 32D and S... which I spent $25 each on - the D is VG the S is F).
Edited by SpringCypress
07/12/2008 10:25 am
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sfwusc's Avatar
United States
615 Posts
 Posted 07/12/2008  10:27 am  Show Profile   Bookmark this reply Add sfwusc to your friends list Get a Link to this Reply
sounds like a good/decent deal to me.

If you figure 3.25 per silver quarter and face for the rest... how much of a premium did you pay for the condition factor?

-SWUSC
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 07/12/2008  10:43 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Sounds like you didnt do too badly if the conditions are accurate. As of yesterday's close, silver content of quarters is $3.38/each and you paid $4.74/each. My latest Coin Prices magazine shows most quarters in that date range at $4.60/each so if you are at 63+ then I would say it's a decent deal.
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cheungsta's Avatar
United States
271 Posts
 Posted 07/12/2008  11:13 am  Show Profile   Bookmark this reply Add cheungsta to your friends list Get a Link to this Reply
Which coins are in MS? The silver quarters? I think that would make a significant impact on whether or not the purchase was good. Either way tho, the price was fair.
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SpringCypress's Avatar
United States
666 Posts
 Posted 07/12/2008  6:39 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
All 19 are quarters are MS63 or higher... They might all be 63. I didn't look at them under a loupe. Visually none had any defects visible to the naked eye. No bag marks in any of the fields... Fair amount of toning which means they had been stored in a different album before being tranferred to the new Harris folder.

My reasoning went like this.
Spot Value of the silver = $65
Price of the album new = $25
Total = $90

Since I knew they were all at least 63 I figured there might be some numismatic value... I'll take a pic when I get home... might be easier to judge that way.
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