Winning both the good and the great coins - when 1 would suffice...

I was shopping for an upgrade for my 1919-S Standing Liberty Quarter for my top set - I had purchased one raw some years ago through Charter Oak at an auction for $290 that ICG very fairly graded a VF20 but I'm trying to move the whole set to AU / MS graded slabbed coins (still working on the 1919-D, 1923-S and 1927-S) so I saw Heritage had a nice XF40 and an AU55 up for auction recently, and I figured the AU55 would go for more than I could afford, but I bid reasonably on both anyway (unfortunately the XF40 was up first) and... I won both ($576 and $1020 respectively, with Buyers Premium). I was excited to get the AU55 at that price, but now have the unnecessary but nice XF40 (and a budget deficit, lol). Has that ever happened to you? Suggestions on what to do with the XF40? I'll probably just hold onto it for now, hope to trade it for something I need later.

 

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That is a very nice coin.... Heck, I would hang on to the XF. Can't ever have too many coins!... But I have never had any luck trying to do a swap.

 

Your XF looks as good as the AU. Keep it, enjoy it, and move it on to your heirs. After that you won't know, or will you? Good luck with your decision, thanks for sharing.

 

I'd hang on to the XF for a while and then try to sell it at Great Collections. Their seller fees are only 5% plus a $5 catalog fee. My guess is that in a year you could probably break even with the purchase. Recent sales of similar examples sold in the range of $505 - $634 (subtracting off the buyers fees). Of course those were in PCGS holders which tend to bring in higher bids.

 

very nice coins. A great problem to have.

 

If this was 2020-2022, I would agree. However, there are signs that the market is stagnating or even falling in some areas (it's early to tell for sure). The best time to sell might be now as opposed to a year later in a falling market. At the very least, I would list the coin on eBay at a breakeven price after fees and offer it as trade material now towards something else. If it does not sell or help out in a trade, it can always be auctioned later.