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<p>[QUOTE="PacificFleet, post: 4034614, member: 110337"]First post-- good to be with you folks.</p><p>New member, not new to the art and hobby of numismatism.</p><p><br /></p><p>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.</p><p><br /></p><p>Awareness of the item, added value given to the item based on new or refreshed intel, inverse time relationships and so forth.</p><p><br /></p><p>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.</p><p><br /></p><p>Anything AU and higher is minimum 0.50 to 1.00 street value and will hold that regardless of proximity to other coins.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>One simple quarter like this can go a long way. It can become priceless.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>For purposes of appraisal, I'd say $0.40 provided the front is in the same condition.</p><p><br /></p><p>Regards,[/QUOTE]</p><p><br /></p>
[QUOTE="PacificFleet, post: 4034614, member: 110337"]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,[/QUOTE]
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