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Replies: 19 / Views: 2,438 |
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Valued Member
United States
206 Posts |
Hey Everyone, I haven't posted on this forum lately but I've been keeping up with my reading (and lurking)... I hope everyone is doing well. I do have a question... A friend of mine has about 100 Barber quarters ranging from about good to good... give or take.. Most are pretty well worn. I went through them all and there are no key dates or anything special.. just common date Barber Qs. He offered to sell me them for 2 bucks a pop. Is this a reasonable price? I don't want to over pay, nor do I want to underpay and steal from someone who I like and respect. Thoughts?
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Moderator
 United States
6563 Posts |
ASW is .18084 so at $2 a pop that ain't bad
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Pillar of the Community
United States
3294 Posts |
$2 per is probably not too bad, that is 8x face which is as low as I have seen silver coins offered lately, though not drastically lower. I would consider them a pretty good deal.
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Pillar of the Community
United States
1691 Posts |
sounds fair, since they are somewhat collectible and have bullion value of $2.07 each at current prices
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Pillar of the Community
United States
1984 Posts |
Great price for Barbers, if you don't want 'em I'll take 'em 
Edited by halfabustisbetter 01/07/2009 11:37 am
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Pillar of the Community
United States
2602 Posts |
Agreed, $2 bucks a piece is a good deal.
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Valued Member
United States
164 Posts |
that is a steal. Anything you can get for less than 10x face is a steal in my book.
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Pillar of the Community
United States
1208 Posts |
Not a steal IMO. They are worth 2.00 each in silver. Not a steal, not a deal, not a rip off. It just is what silver value is.
Paying 10x, right now is a rip off. Silver is only 8x.
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Pillar of the Community
United States
1984 Posts |
ratio: If you can find a bag of Barber coinage for 8X, I'll gladly pay you 10X for it.
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Pillar of the Community
United States
3294 Posts |
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Pillar of the Community
United States
2602 Posts |
I thought Barber quarters had numismatic value, even low grade ones? Most of you are talking as if they are worth silver melt and nothing more. These are very old coins and mintages of Barber quarters were rather low to modest. I'd argue that they have some numismatic value ABOVE current silver melt (which currently is running $2-3/oz over spot).
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Pillar of the Community
United States
581 Posts |
On any of these threads about melt value, etc., you always get the poster who can get stuff for under melt and sniffs at anyone else who can't do it. I remember reading once about a guy whose local pawnshop sold ASE's for $2 under melt. Yeah, right. When I think of pawn shop owners, I don't think of stupid businessmen. It's this kind of flippant information that seriously degrades the knowledge value of forums such as this. It is each poster's duty to stand up and question silly statements so that newer collectors don't take it for at "face" value. I applaud the two posters who threw the original statement into question.
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Pillar of the Community
United States
1208 Posts |
Quote:ratio: If you can find a bag of Barber coinage for 8X, I'll gladly pay you 10X for it. All I am pointing out is that silver is going for ~11 bux right now. If you are looking at AG quarters, with little/no numismatic value, that equates to 2.00 a coin in ASV. So the price is 'fair' IMO.
Edited by ratio411 01/08/2009 2:21 pm
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Pillar of the Community
United States
3343 Posts |
Do you want them for some reason? I'd buy a small handful to carry in my pocket, but that's just me. I've gone through enough dealer sleeves of worn barbers to have lost all interest in filling a coin album with them. With all that are available it's not like worn common Barber quarters are any kind of a sleeper coin. If you sell them for the metal remember that you'll take a hit for the weight loss, which could be 5-10% with that much wear.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
United States
270 Posts |
100 barber's for 200 dollars?---keep what you want sell the rest. get your money back --now Barber coins for nothing ---sounds like a deal to me.
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Pillar of the Community
United States
581 Posts |
Gosh. More uninformed posts. I agree with mrh757. Just do a search on E-Bay for the most recent sales of generic rolls of Barber quarters. They're going from $95 to $130. So, the OP could buy the 100 barbers, select the best 20, sell the other 80 (2 rolls) on e-bay and have a FREE 20 Barber quarters. Gosh, sounds like an EXCELLENT deal to me!
Edited by Kabiye_Lady 01/10/2009 1:00 pm
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Replies: 19 / Views: 2,438 |