Suggestions on a future "W" Quarter selling notion.

joeykoins

Hi guys,
Through CRHunting, I've accumulated 127, 2019 & 2020 W Quarters! After excluding 27 of them between being graded and/or given away.
I have 100 remaining in raw form In my inventory. All from the 10 W's in both years, 2019 & 2020. They're either in Mint State or in AU condition.
What I'm asking from you guys, is $1000 price tag on all 100, a fair and reasonable price? That's an average of only $10 a piece. In which, I feel is pretty fair. Esp many being the most popular ones. The Memorials, Weir Farms, Tallgrass Prairies and the Rockefellers. I'm only looking to unload all 100 as a whole.
Would you guys agree my asking price is reasonable?
Thank You!

jclovescoins

Only worth $25 to me but in all seriousness, I think $700 to $1100 would be a reasonable range if they are UNC. You’d have to figure out how many are AU as I doubt a buyer would want to pay as much for those

Joe_360

@jclovescoins said:
Only worth $25 to me but in all seriousness, I think $700 to $1100 would be a reasonable range if they are UNC. You’d have to figure out how many are AU as I doubt a buyer would want to pay as much for those

AU are still in demand and I have sold many on eBay. Still hard to come by. Below are my most recent Circulated W sales

joeykoins

@Joe_360 said:

@jclovescoins said:
Only worth $25 to me but in all seriousness, I think $700 to $1100 would be a reasonable range if they are UNC. You’d have to figure out how many are AU as I doubt a buyer would want to pay as much for those

AU are still in demand and I have sold many on eBay. Still hard to come by. Below are my most recent Circulated W sales

Yes, I do believe I went to ebay to check for W prices and I do believe I was connecting some of your prices to my decent low prices?
Lol.
Thanks again.

joeykoins

Come to think of it?
I'm sure some of the 100 raw W's, are in a ms 64 grade or even better!
I must do some further detective work.

JWP

I think the excitement about the West Point quarters is dwindled or is starting to decline. I recently tried selling Ms 64 WIP (GUAM) quarters and it took forever. It got to the point where I was down to less than $15 a slab and nobody even wanted to make an offer. I finally traded the 10 slabs but it took forever to do it. I think even at $10 a quarter it might still be a hard sell. I definitely could be wrong and it wouldn't be the first time either. But this is what I recently went through. Just saying. Good luck and hope you have more success than I did.

WQuarterFreddie

@Joeykoins
Yes $10 each is fair price and you shouldn't have a problem selling them😎

JBK

Keep in mind that sales of singles are very different from a bulk quantity.

A collector looking to build or complete a set, vs a dealer (professional or amateur) looking to buy an inventory to resell.

jclovescoins

@JBK said:
Keep in mind that sales of singles are very different from a bulk quantity.

A collector looking to build or complete a set, vs a dealer (professional or amateur) looking to buy an inventory to resell.

Correct. I think that is what some are missing. It's great to get $15 per coin when doing a single coin sale, but then you have fees, shipping, and your time commitment.

After thinking about it a bit, I think selling 100 raw in various grades as a bulk lot, I'd be happy with $700 as a seller. As a buyer interested in reselling them, I wouldn't want to pay more than $400.

joeykoins

@jclovescoins said:
After thinking about it a bit, I think selling 100 raw in various grades as a bulk lot, I'd be happy with $700 as a seller. As a buyer interested in reselling them, I wouldn't want to pay more than $400.

Sure, $700 might be a price I should be content with, esp when I only paid $25 face! Lol
However, I must think of the premium and hard work and gas used, along with the possibilities for what the buyer could do with all these.
Thanks

Coll3ctor

PM sent

Che_Grapes

I think it’s probably a good asking price to accept the BO of ~ 750 to 800 hopefully. Might do better selling at 10 / pop if you want the full amount - they should go fast at that price, especially the uncirculated ones ... assuming that means you found in fresh rolls
I thought all the W’s were technically all put into circulation - but I suppose some were picked up prior to any significant use in commerce. I was always a little confused by calling a coin uncirculated that actually was intended for or was in circulation for a time just short enough to give it a MS60 or above ... but isn’t that still technically “circulated”?
I digress ... nice quarters - I scored two of them and I’ll just keep those!

derryb

Include an inventory of how many of each coin and how many are uncirc.

Joe_360

@Che_Grapes said:
I think it’s probably a good asking price to accept the BO of ~ 750 to 800 hopefully. Might do better selling at 10 / pop if you want the full amount - they should go fast at that price, especially the uncirculated ones ... assuming that means you found in fresh rolls
I thought all the W’s were technically all put into circulation - but I suppose some were picked up prior to any significant use in commerce. I was always a little confused by calling a coin uncirculated that actually was intended for or was in circulation for a time just short enough to give it a MS60 or above ... but isn’t that still technically “circulated”?
I digress ... nice quarters - I scored two of them and I’ll just keep those!

Hi,
The W quarters are business strike coins. When removed directly from a original bank roll from the distributor and have never been used commercially they are classified as uncirculated (all 40 coins in the roll are identical).

The Redbook definition for Uncirculated: A circulation-strike coin that has never been used in commerce, and has retained its original surface and luster.

As many W quarter has been grated at MS65 and above, as defined are Gem-State.

derryb

@Joe_360 said:

The W quarters are business strike coins. Went removed directly from a original bank roll from the distributor and have never been used commercially they are classified as uncirculated (all 40 coins in the roll are identical).

there are never 40 W's in an uncirculated bank roll. Yes all 40 coins in the roll are considered BU uncirculated. I believe the seller has indicated in other threads that his coins are both BU uncirculated and circulated (removed from rolls of various circulated quarters). He should probably identify how many of each (and particular issue) he is selling in the lot.

WQuarterFreddie

@jclovescoins said:

@JBK said:
Keep in mind that sales of singles are very different from a bulk quantity.

A collector looking to build or complete a set, vs a dealer (professional or amateur) looking to buy an inventory to resell.

Correct. I think that is what some are missing. It's great to get $15 per coin when doing a single coin sale, but then you have fees, shipping, and your time commitment.

After thinking about it a bit, I think selling 100 raw in various grades as a bulk lot, I'd be happy with $700 as a seller. As a buyer interested in reselling them, I wouldn't want to pay more than $400.

Good luck buying 100 W quarters for $400🤣😂

jclovescoins

@WQuarterFreddie said:

@jclovescoins said:

@JBK said:
Keep in mind that sales of singles are very different from a bulk quantity.

A collector looking to build or complete a set, vs a dealer (professional or amateur) looking to buy an inventory to resell.

Correct. I think that is what some are missing. It's great to get $15 per coin when doing a single coin sale, but then you have fees, shipping, and your time commitment.

After thinking about it a bit, I think selling 100 raw in various grades as a bulk lot, I'd be happy with $700 as a seller. As a buyer interested in reselling them, I wouldn't want to pay more than $400.

Good luck buying 100 W quarters for $400🤣😂

I doubt if you walked up to a generalist dealer with a mixed lot of circ/uncirc W quarters that'd you get much more.
Obviously, you can't buy them retail at that price.

WQuarterFreddie

@jclovescoins said:

@WQuarterFreddie said:

@jclovescoins said:

@JBK said:
Keep in mind that sales of singles are very different from a bulk quantity.

A collector looking to build or complete a set, vs a dealer (professional or amateur) looking to buy an inventory to resell.

Correct. I think that is what some are missing. It's great to get $15 per coin when doing a single coin sale, but then you have fees, shipping, and your time commitment.

After thinking about it a bit, I think selling 100 raw in various grades as a bulk lot, I'd be happy with $700 as a seller. As a buyer interested in reselling them, I wouldn't want to pay more than $400.

Good luck buying 100 W quarters for $400🤣😂

I doubt if you walked up to a generalist dealer with a mixed lot of circ/uncirc W quarters that'd you get much more.
Obviously, you can't buy them retail at that price.

He won't be walking up to a generalist dealer. He will find a buyer who will offer him more than $400 for them for sure😉

CuKevin

@joeykoins said:

@jclovescoins said:
After thinking about it a bit, I think selling 100 raw in various grades as a bulk lot, I'd be happy with $700 as a seller. As a buyer interested in reselling them, I wouldn't want to pay more than $400.

Sure, $700 might be a price I should be content with, esp when I only paid $25 face! Lol
However, I must think of the premium and hard work and gas used, along with the possibilities for what the buyer could do with all these.
Thanks

Don’t forget the resale buyer will also have costs associated with selling them. Including grading fees if they go that route.