Bi-centenial quarter

Discussion in 'Error Coins' started by Ruthlankford68, Jan 28, 2020.

  1. Ruthlankford68

    Ruthlankford68 Active Member

    I've seen on e bay high prices but when I googled it said a buck fifty. So...do I got a quarter with more than $1.50? And how's the pic? IMG_20200128_101712_0.jpg
     

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  3. Exodus_gear

    Exodus_gear Well-Known Member

    Just a regular quarter, not seeing anything that would make it stand out like error or some sort of DD. Ebay and Etsy always have super inflated prices for a lot of regular coins unfortunately.
     
    paddyman98 likes this.
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Your photos are a little better.

    You have to realize that the condition means everything when evaluating a coin. If you find one in circulation, it may not even be worth $1.50, but a seller has the right to ask any price he/she wants. The business strikes that are worth high dollar amounts are those that grade MS67-MS69. You might want to buy a book on grading. ~ Chris
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  5. Kentucky

    Kentucky Supporter! Supporter

    One of the ongoing arguments/discussions I have with a flea-market dealer and friend is the value of common coins. If you look in the Red Book (Yeoman) recent denominations have a value that is far beyond what I think anyone would pay. They have to put something in the value column, but it doesn't make me believe it.

    As to your photography: turn a water glass upside down and place the phone/camera flat on it...place the coin (neutral background) so it is in the camera view...adjust lights for best appearance...take picture...crop...post full size.
     
  6. l.cutler

    l.cutler Member

    Circulated like that it is just worth a quarter. These were minted in huge quantities and can still be regularly found in circulation.
     
  7. PacificFleet

    PacificFleet kama'aina collector

    First post-- good to be with you folks.
    New member, not new to the art and hobby of numismatism.

    Value of a drummer boy even in that condition depends on three things. Your location, available suppy, and current demand. The three are usually stable but can change based on a couple simple things.

    Awareness of the item, added value given to the item based on new or refreshed intel, inverse time relationships and so forth.

    In my book, that coin standing alone is worth 0.40 in that condition. You could get 0.50 for it, but the value decreases the longer it is on the market and the closer it gets to other coins for sale.

    Anything AU and higher is minimum 0.50 to 1.00 street value and will hold that regardless of proximity to other coins.

    If you were to put it in a 2x2 case and garage sale it, you could have 50% or greater return on your gross investment as it is presentable and basically a special issue.

    Due to shipping costs coins of this grade are not worth selling individually online without special merit (documented progeny, strike error, material error, encapsulation/prior professional grading, all proceeds to charity, and so forth). Collection and bulk/group sale is ok, but again, based on supply and demand the value can fluctuate. As coins like these regularly cycle in and out of circulation their values are directly proportionate to their ease of access. The easier they are to obtain, the harder they are to sell.

    If you can say "I searched arcade coins for six hours straight and found only two of these" then obviously it is a low supply item and demand can be substantiated.

    Bicentenial quarters will likely go up in value around anniversary years like **76 and **26 (+50 year anniversaries), and also following the release of era-themed and patriotic movies directly or indirectly related to the coin. This is due to awareness and increased rememberance.

    Higher volume, significant issue coins can still hold relatively strong market bearing in communities. Points in case: higher volume Morgan Dollars and contemporary silver issues, '79-current business strike dollars, Kennedy Halfs of all years, Eisenhowers of all years, Statehood/ATB quarters of home/current state, wheat pennies, Indian pennies & buffalo nickels (increasingly harder to find), random foreign coins that slip past sorting safeguards, and coins with a particularly awesome design or ring to them.

    Spot value for the above might be face value, but I have found street/barter value for the coins consistantly higher. They make great, simple gifts that folks appreciate and really spice up a long day sitting and sellin stuff. A fifty cent piece is often the subject of a long stare nowadays. First they try to figure out if the coin is fake, then they recognize that it is not, then they say cool. More seasoned folks see them and smile. If someone makes say fourty bucks at a garage sale they are not going to be remebering the fourty bucks. They will be remembering the drummer boy quarter that they scored.

    The value of pieces like these increase substantially when they are added as a boost to a person to person non-retail cash transaction like a garage/yard sale or barter for something. If held for years they have the capacity to become family heirlooms.

    I would take someone offering me a couple clean morgan dollars any day over say 50 cash, or a single special coin from a loved one over an equivalent or greater monetary gift in the form of currency.

    If you know the detailed story behind the specific coin, the mintage numbers, and the quality characterisics in general and folks are a little interested, you can, in good integrity barter a circulated coin for more than face value or sell it for more while concurrently give the other party a boost. They are not just getting the coin. It is the history, the education and the mana that accompany it.

    To give a simple thing, from the heart---with pure intent, can and does make more of an impact than a greater value item transferred begrudgingly.

    One simple quarter like this can go a long way. It can become priceless.





    For purposes of appraisal, I'd say $0.40 provided the front is in the same condition.

    Regards,
     
    igotchange and Evan Saltis like this.
  8. VistaCruiser69

    VistaCruiser69 Well-Known Member

    It's only worth what someone is willing to pay for it. I wouldn't pay more then face value for it. I come across these quarters that are usually in better shape then the one shown above, almost weekly.

    In a hundred years or so from now, that quarter in the OP could possibly be worth a little more then face value, maybe. How many of these did the mint produce? As Google states:

    That's a lot of light years.
     
    Last edited: Jan 29, 2020
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    You've got a Quarter that's worth twenty five cents. Welcome to CT.
     
  10. Conder101

    Conder101 Numismatist

    Those prices are what I call "Dealer nuisance charge". The coin is actually only worth face value, but the dealer has to charge something more to compensate him for his time (cataloging and record keeping), the holder, some profit, and the nuisance of having to stock coins that have no premium value.

    Which is enough that every man, woman, and child in the US can have 5 of them. or 1 for every 5 people in the entire world.
     
    Kentucky likes this.
  11. igotchange

    igotchange Active Member

    I give you 15 cents for it!
    As a matter of fact i give you 15 cents for all quarters you bring me.
     
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