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Can You Find A Bargain In An Antique Shop? You Bet!

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Bilboleslie's Avatar
United States
137 Posts
 Posted 02/26/2011  9:29 pm Show Profile   Bookmark this topic Add Bilboleslie to your friends list Get a Link to this Message Number of Subscribers
Today I went by a display of quarters which some collector framed. It was in an ordinary (not high end) antique shop.

1853 P VF with arrows and rays
1854 P VF with arrows
1857 P VF
1907 P G
1908 O G
1914 P G
1914 P VG
1926 P F
1926 P F
1927 P F

Plus three common quarters, worth .25 each.

Price was $50, but I talked them down to $45.

By my math, with silver worth 22.2x face or better (that's what I got on Wed when I sold some of my common date coins) I got some nice coins for well below bullion prices.

Based on current ebay prices, the first three coins alone are worth $70. I'd guess that the lot is in the $110 to 120 range.

*** Moved by Staff to a more appropriate forum. ***
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docsfishn's Avatar
United States
1031 Posts
 Posted 02/26/2011  9:49 pm  Show Profile   Bookmark this reply Add docsfishn to your friends list Get a Link to this Reply
Nice find and......
Pillar of the Community
United States
3184 Posts
 Posted 02/26/2011  11:28 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
wow!
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spaceace's Avatar
United States
797 Posts
 Posted 02/26/2011  11:54 pm  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
Sounds great! I usually see antique malls or shops that have a specific coin section or coin display case that has decent but usually overpriced coins. Rarely have I seen a fair deal in an antique shop...but when I am in an antique place I will always take a look just in case.
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Darth Anarchus's Avatar
United States
1388 Posts
 Posted 02/27/2011  01:21 am  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
Great Deal!! I'm lucky enough to have one 2 blocks away, and 1 about 15 minutes away that have amazing prices on some nice pieces...
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John1's Avatar
United States
56855 Posts
 Posted 02/27/2011  06:25 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Sounds like a great deal. How about a pic?
John1
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 02/27/2011  08:24 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Ordinary or low end antique shops can be a treasure trove if you are there at the right time. I walked into the one that is about a mile down the road from my house a few months ago to find a lady buying five nice 3 cent silvers, three AU $2 red seals, and a half dozen or so dated common Buffaloes. She managed to talk the guy down from what ever he was asking before I walked in to $25. I wanted to cry. I just had to finish off that pot of coffee before I left the house. I drink a very very good variety of Kenyan AA, but it ain't that good to miss such a deal as that.
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Sprucansailor's Avatar
United States
188 Posts
 Posted 03/15/2011  11:33 am  Show Profile   Bookmark this reply Add Sprucansailor to your friends list Get a Link to this Reply
That is to cool! I keep hoping to run accros that situation when I visit the local stores. LOL So far no joy.

A most excellent find!
Valued Member
75 Posts
 Posted 03/15/2011  12:31 pm  Show Profile   Bookmark this reply Add johnson1488 to your friends list Get a Link to this Reply
Nice find! Pics would be great!
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upstate's Avatar
United States
3278 Posts
 Posted 03/15/2011  12:59 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Awesome deal bilboleslie!

Stopped in an antique shop that displayed about 20 au/bu Morgans for $32 each
but I don't know what to look for and figured they were commons and browsed the shop for
about a half hour (great antiques).

When leaving a noticed a basket of coins in 2x2's, saw slq's for $7 and unc. war nic's
for $3 at a glance. We were late so I couldn't investigate.
I'll be back with cash in about a week or so. I'm not expecting anything great
but I will but something!
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sgarten's Avatar
United States
54 Posts
 Posted 03/15/2011  1:45 pm  Show Profile   Bookmark this reply Add sgarten to your friends list Get a Link to this Reply
Nice! It's always nice to be able to find a deal.

You've got to wonder how cheap the owner of the store got the coins for in order to sell them at $45 to make a profit. Somebody got spanked! Ouch!
Bedrock of the Community
United States
20753 Posts
 Posted 03/15/2011  9:24 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Keep on going to that place before they catch on to coin values.
New Member
Whatsells95's Avatar
United States
8 Posts
 Posted 03/16/2011  12:13 am  Show Profile   Bookmark this reply Add Whatsells95 to your friends list Get a Link to this Reply
That is what makes this hobby fun
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sel_69l's Avatar
Australia
21786 Posts
 Posted 03/16/2011  02:39 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
All of the antique dealers I have come across at least have a copy of Krause. So if they ever get motivated enough to present them for sale, the price they offer them for is based on this reference. That seems to be the way they view their pricing policy, especially if they know nothing about coins.
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Dkillett's Avatar
United States
140 Posts
 Posted 03/16/2011  05:13 am  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
You find a deal like that around here. Last time I was in an antique shop here, the one dealer that had any silver coins wanted about 2X Spot for them. Most appeared to be culls. I just chuckled and walked out.

This brings up a side topic. Friend of mine took a pamp suisse 2.5 gram gold bar to the pawn shop a few weeks back. The bar was sealed in the assay card. The guy at the pawn shop said he couldn't buy it unless he could take it out of the card to test it, LOL. (I don't think he was gonna actually sell it to them anyway)
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 03/16/2011  08:56 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
great deal!
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