What are the wholesale and retail prices for a 100 coin State Quarter Set?

Hi Folks,

I have a friend who have several of the Dansco albums filled with the first 25 state quarters. For each year, it has a P & D BU, Proof and Silver Proof coins. So, if you do the math, there are 100 quarters in the set. The BU coins are already inserted in the the very high quality albums but the proof and silver proof coins are still in the mint holders. So, I was wondering what the wholesale and retail values of these sets would be. Can anyone share this information with me?

He want me to sell a few for him on Ebay and thinks $450 would be a good price. My brief search on Ebay shows me that do not bring that much on ebay (usually). So, I was wondering what most dealers would try to buy such a set for and how much would you sell it for?

I was also thinking that perhas the sum of the parts is greater than the whole, and to maximize the value, I could sell the album with the BU coins only and then sell the proofs and silver proof seperately.

Anyone have any advice?

Best Regards,
- Hal

 

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If you are going to list it on eBay I suggest that you list it with a low starting price and an appropriate reserve. This may cost more, but is likely to generate more interest.

In regards to retail and wholesale pricing, I personally do not sell the quarters as a complete set and would have to calculate a price for such a set. And, I do not purchase them as a set either. I purchase the quarters in quanitity in rolls. That being said, I would expect that a full set of state quarters from 1999-2003 including both proofs and silver proofs would bring $450 - $600 on eBay. If I had to put a closer target on it, I would guess around $500 based on some quick addition.

 

Thanks for the awesome response. Yeah, I guess something like this would not have a wholesale price and if it walked in off the street and offered to a dealer, what each one would pay would vary greatly. I could not find too many comparables on ebay, but I did not look very hard. I saw one guy had the same album and set on ebay and started it as 469, then dropped it to 419 with no takers. I think most people on ebay are not trying to buy a complete set, but want to build their own, hence this may be not very marketable on ebay, even though it is very nice. That is why I think it might make more sense to break it apart. However, that will be more work.

Thanks again, you have been a great help!!!
- Hal

 

Always hard to predict what something will sell for on eBay, and a set of quarters is even more difficult for the reason you mentioned - most folks would rather build the collection themselves. I do believe there is a limited market for a complete set.

In regards to one not selling at $469 or $419, this may due to a lack of market for the set or it may simply be that the starting price was too high. Auction bidders can be a funny lot. They might bid a set that started at $1 up to $500 and at the same time, fail to place a bid for the same set if it started at $400. Go figure.

In regards to breaking it up, the proofs and silver proofs are the coins that will sell well on eBay broken up.

 

I know of a few offering these types of sets. If any of you are regular readers of CoinWorld, there are dealers offering this type of set. They do not bring $400. They tend to sell in the $250 to $275 range for just quarters.

 

I stand corrected. I am a regular reader of CoinWorld, but am never looking at what complete sets of state quarters are selling for.

I based my quick calculations on what I would guess the components would sell for on eBay - recognizing that I have seen the 1999 silver proofs (not the whole proof set - just the quarters) bring between $150 - $250 by themselves.

 

150 to 250 for the quarters? WOW. I sold the last few 99 sets for $275

 

Wow is right, but eBay is a funny place. Do a search sometime and look at the prices the silver proof quarters sometimes bring. As another example, check out the 2000 silver quarters which often bring $25 - $30.

 

I couldn't sleep at night if I charged $30 for a single proof state quarter. I haven't submitted any for grading, but I can't see any 69's or 70's in them.
It never ceases to amaze me what people will pay for these quarters.

 

Well, I am pretty sure the 100 coin set is going for more than $275. I I do not have a coin world in front of me, but the 100 piece quarter set in a deluxe album I usually see for over $500. I will try to find a current Coin World and check it out.

 

I did not say that some people don't get $500 for them. I see and hear of high dollar items all the time.

 

Ok, lets try it another way. Say I was a dealer and I wanted to put together 20 of these sets for my inventory. Maybe I am lucky enough to supply Home Shopping Network!! Lets also say that I could get the state quarter rolls at greysheet bid. So, I would have to go out and buy a roll 1 roll each of the P BU, D BU, S Proof and S Silver Proof. So, if I add up the greysheet bid price of all those rolls, and divide by 20, then this comes out to $532 for just the coins alone.

Now, I do not really deal in BU rolls, so I am not sure if this logic really applies in calculating the wholesale value of this set. There must be something I don't understand here..... Really, what do I not understand, because this does not see to add up. I don't think the mint makes proof rolls and silver proof rolls, so it is not the mint wrapper adding the value... unless I am wrong on that.

Of course, I buy stuff below bid all the time, ok, well not all the time.

Thanks Again.
- Hal

 

Well that is starting out that as a dealer you did not have many boxes full of state quarters. That you had no proof sets on hand either.

As a good example. Every large advertiser in CoinWorld is advertising 50 P&D quarters for $25.95

Is $475 a value for the 50 proofs?

 

Wait a minute, how many quarters are in a roll? I wish I had a cash register job when I was younger.

 

Ok, I am a idiot. If a roll is $10 (right), then it has 40 quarters. So, the price of the quarters would be 266. Duh!!!

 

40 to a roll.

I hope that you understand the logic here. As a dealer I see a different point of view. I am not suggesting that you could not get good money on the set. I can only offer the best advice I know.

You also have to take into consideration that I did not pay $30 plus for these state quarters. Even with shipping, I am at $11.50 a roll. They all come that price when ordered. I buy boxes at a time. To date, we have not run out of any state. I also buy many proof sets each year. So you have to consider issue price when figuring out value.

 

At this point, I am mostly just having fun with numbers. I very very much appreciate the insight into how a large dealer works. I will probably have a dream tonight about what you have in your inventory.

Thanks Again
- Hal

 

It may be a nightmare..........

I know that my firm is not "A" typical, so sometimes I get confused about the real world. I am constantly amazed at what prices are realized on EBAY. That is why I stay away from that.

Please remember that I am only here trying to help, the best and most honest way that I can.

Good night!