I was told that any state quarter, in "good shape" is worth more than face value, to the tune of 40 cents. Any truth to this or should I stop listening to people on craigslist all together ?
It would be nice to have all of the collection but only because you like and enjoy them. I would not buy them for investment. Better to spend the same money on graded slabbed coins for investment, if investment return is your goal. I don't see coin investment as a quick turn around for profit either. You have to be in it for the long haul, 10 years or so...unless this economy does a nose dive soon, as some are saying over the media. I have heard the "barkers" and the "pitchmen" state silver could go to $50 an ounce in the short run now. Meanwhile the spot market price has gone down to $28.50 per T.O. from a recent high of about $31.per T.O. Who knows? It is like any other commodity, rises and falls upon demand. The trick is to know which side is happening at the time you buy.
Is the person who told you selling, or buying? If he's buying, then yes, they're worth what he'll pay for them. If he's selling, well, maybe not so much...
the value of a coin is what a person will pay for it. if you list a fake cpin (and say its fake) and some pays alot for it, then its worth what ever that person pays. so if someone is willing to pay y vale for x product then x is worth y at that moment.
