Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

My First Real Purchase, 1925 Standing Liberty

To participate in the forum you must log in or register.
Author Previous TopicReplies: 20 / Views: 2,744Next Topic
Page: of 2
Pillar of the Community

United States
520 Posts
 Posted 09/16/2018  9:53 pm Show Profile   Bookmark this topic Add Rabbithole1 to your friends list Get a Link to this Message Number of Subscribers
Hi

I wanted to get your thoughts on my new purchase.A 1925 standing liberty. I say "real" purchase because I paid more then $10.00 for all five coins I also bought:
-1942 Mercury dime
-1942 walking liberty
-1936 Buffalo nickel
-1943 steel penny ( that looks very bizare, light gold )

What grade would this one be?
My-First-Real-Purchase,-1925-Standing-Liberty
My-First-Real-Purchase,-1925-Standing-Liberty
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 09/16/2018  10:09 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Ouch. Sorry, you paid too much. For the quarter, $3.50, Walker $5.50-6.50 depending on condition, common buff and steelie, about 25 cents if in high grades. You'll learn, takes time. You may want to run further purchases through here for input before you buy.
Edited by Crazyb0
09/16/2018 10:11 pm
Pillar of the Community
United States
520 Posts
 Posted 09/16/2018  10:41 pm  Show Profile   Bookmark this reply Add Rabbithole1 to your friends list Get a Link to this Reply
Thanks CrazyB0,
I figured $2.50 per coin wasnt too bad. I really just liked them:) Is the most important thing the year? Condition? Amount minted? Probably all of the above, but eventually wont all older coins in somewhat good condition increase in value? I did just buy the 2018 Red Book to help coach me. I also picked up 18 wheat cents from the 30s from our local coin/silver shop that probably have zero value but look like they have rainbow colors on them..i guess I'm a sucker for rainbows and shiny stuff.lol
Pillar of the Community
MikeF's Avatar
United States
3479 Posts
 Posted 09/16/2018  10:46 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
If you are saying 'I say "real" purchase because I paid more then $10.00 for all five coins I also bought:'
Then you did ok. I don't think he is saying he paid more than $10 for the quarter, Crazy. I think he is saying he paid more than ten for the whole lot. For lower grade Standing Liberty quarters, when purchasing in bulk, you should expect to pay about $6-$7 per coin.
Pillar of the Community
jimbucks's Avatar
United States
4691 Posts
 Posted 09/16/2018  10:57 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
A good start is reading the reference books, and the Red Book will help with your educations, just bear in mind that the prices in the Red Book do not reflect reality, so ignore them.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/16/2018  11:00 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Ouch. Sorry, you paid too much.


How is that the first thing that comes to mind because he may have paid something like a quarter over melt?

Things need to be kept in perspective more on coin forums. There's really not a reason to tell someone they messed up or over paid over a couple cents at best on a purchase for a group of coins that costs less than a movie ticket. The only way to have messed up at that price is to have bought fakes.


Quote:
Is the most important thing the year? Condition?


Date and mint mark is a big factor is is the grade of the coin when talking about value.
Pillar of the Community
United States
520 Posts
 Posted 09/16/2018  11:02 pm  Show Profile   Bookmark this reply Add Rabbithole1 to your friends list Get a Link to this Reply
Yes MikeF, I payed $12.50 for all of them.
Pillar of the Community
MikeF's Avatar
United States
3479 Posts
 Posted 09/16/2018  11:06 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply

Quote:
Yes MikeF, I payed $12.50 for all of them.


You did just fine.
Pillar of the Community
jimbucks's Avatar
United States
4691 Posts
 Posted 09/16/2018  11:11 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Bedrock of the Community
numismatic student's Avatar
United States
11880 Posts
 Posted 09/16/2018  11:16 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply


The 1925 quarter grades about vg10. In that grade it is worth about $8. It is definitely worth more than the silver melt value that the earlier poster was quoting.

If you paid $10 for the 5 coins as you stated, the melt value of the coins is about 11x-12x face value for the silver coins, so that is worth about $10 just in silver.

Since the other coins aren't pictured, we can assume that they are worth melt. The value of the quarter at vg10 is more than 2x melt. That alone means that the coins you bought are worth more that you paid. Good job on your first purchase.
Edited by numismatic student
09/16/2018 11:18 pm
Pillar of the Community
ty88ty2's Avatar
United States
772 Posts
 Posted 09/16/2018  11:19 pm  Show Profile   Bookmark this reply Add ty88ty2 to your friends list Get a Link to this Reply
$2.50 for a relatively problem free dated SLQ is good in my book any day!
Edited by ty88ty2
09/16/2018 11:20 pm
Pillar of the Community
United States
520 Posts
 Posted 09/17/2018  12:22 am  Show Profile   Bookmark this reply Add Rabbithole1 to your friends list Get a Link to this Reply
Can I post pictures of my 4 other coins? If so, do I edit and add them to my original post or post them in the reply?
Pillar of the Community
United States
520 Posts
 Posted 09/17/2018  12:30 am  Show Profile   Bookmark this reply Add Rabbithole1 to your friends list Get a Link to this Reply
Oh, and I'm female :) Married, mom of 3. 22 year old son, 16 year old daughter, and it was my little ones birthday today..5 years old. A bit of an age gap but blessings of abundance!
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 09/17/2018  04:43 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Happy birthday to your little one. Was one of the gifts a coin?
John1
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 09/17/2018  07:50 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
The Quarter is G-06+ ,that with other coins bought is worth $10 so don't let anybody tell you differently .
You go girl ; and keep reading that Red Book .
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 09/17/2018  10:05 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You did just fine!
  Previous TopicReplies: 20 / Views: 2,744Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.37 seconds to rattle this change. Forums