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Finally got a Draped Bust quarter!
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<p>[QUOTE="The Half Dime, post: 26077478, member: 153164"]I do wonder if cuds are visible in such low grades. Most of the cuds I've seen are on modern coins, so of course they're mostly high grade.</p><p><br /></p><p><br /></p><p>I think lowball collecting has a lot to do with conditional rarity. Getting a P-1 with no problems, especially early copper or coins like the Draped Bust quarter, can be quite rare, and some pieces have a lesser population in Poor than in MS-67 or 68, depending on the coin. These collectors also tend to focus on the historical aspect of coins, wondering just who could've handled it.</p><p><br /></p><p><br /></p><p>It is an especially tough series for sure. I've quoted between buying this quarter and now that 2 digits for a Draped Bust quarter is always a deal, but realistically an example like this without a hole could easily run $200 or more. G or better can run $500 or more, that is if it has no problems.</p><p><br /></p><p>Overall, I really like the coin, although I do need to knock out the Capped Bust quarter now.</p><p><br /></p><p><br /></p><p>I doubt that it was priced that way to generate a higher price, for 2 reasons: 1 being that it came from a coin shop that takes their coins over there for auction, and 2 being that I was the only bidder, and really the only person who seemed to have interest in it.</p><p><br /></p><p>The shop probably paid about $75 for it, and the only reason I could see them pricing it at $125 is so they have room to come down a nice amount and still make money.</p><p><br /></p><p><br /></p><p>If you're not settling for AU58 details, I can easily see why you've been on the hunt. Would you consider yourself a cherrypicker in these situations?</p><p><br /></p><p><br /></p><p>I agree. Greysheet for Fair-2 is $110, but retail can easily be double that. With a hole, Draped Bust quarters are a series where you can likely still get the bid price out of it, maybe even to another dealer.</p><p><br /></p><p><br /></p><p>That's the thing about these lower-grade coins - they target collectors who don't want to spend an arm and a leg for a type coin. This can be pretty good in some circumstances, other times maybe not so good, depending on who's crossing your path.</p><p><br /></p><p><br /></p><p>Those are 2 cool quarters! FR-2 and AG-3, both look problem-free for the most part.[/QUOTE]</p><p><br /></p>
[QUOTE="The Half Dime, post: 26077478, member: 153164"]I do wonder if cuds are visible in such low grades. Most of the cuds I've seen are on modern coins, so of course they're mostly high grade. I think lowball collecting has a lot to do with conditional rarity. Getting a P-1 with no problems, especially early copper or coins like the Draped Bust quarter, can be quite rare, and some pieces have a lesser population in Poor than in MS-67 or 68, depending on the coin. These collectors also tend to focus on the historical aspect of coins, wondering just who could've handled it. It is an especially tough series for sure. I've quoted between buying this quarter and now that 2 digits for a Draped Bust quarter is always a deal, but realistically an example like this without a hole could easily run $200 or more. G or better can run $500 or more, that is if it has no problems. Overall, I really like the coin, although I do need to knock out the Capped Bust quarter now. I doubt that it was priced that way to generate a higher price, for 2 reasons: 1 being that it came from a coin shop that takes their coins over there for auction, and 2 being that I was the only bidder, and really the only person who seemed to have interest in it. The shop probably paid about $75 for it, and the only reason I could see them pricing it at $125 is so they have room to come down a nice amount and still make money. If you're not settling for AU58 details, I can easily see why you've been on the hunt. Would you consider yourself a cherrypicker in these situations? I agree. Greysheet for Fair-2 is $110, but retail can easily be double that. With a hole, Draped Bust quarters are a series where you can likely still get the bid price out of it, maybe even to another dealer. That's the thing about these lower-grade coins - they target collectors who don't want to spend an arm and a leg for a type coin. This can be pretty good in some circumstances, other times maybe not so good, depending on who's crossing your path. Those are 2 cool quarters! FR-2 and AG-3, both look problem-free for the most part.[/QUOTE]
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Finally got a Draped Bust quarter!
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