Options
Is the 1909-O quarter really worth this much above the PCGS price guide?
ElmerFusterpuck
Posts: 4,627 ✭✭✭✭✭
I've heard about this date being pretty tough. This example in the link seems nice, but is it really that 'hot'? I know there are choices out there, and I wouldn't buy at that price. What say you?
PCGS VF-20 1909-O 25c
PCGS VF-20 1909-O 25c
10-4,
Erik
My registry sets
0
Comments
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
The coin would be hard,approaching impossible,to replace.This date (1909-O)Barber quarter is a beast to find in VF.The seller appears to know what they are doing and are being patient trying to find a buyer.
I notice it does have two offers.If it was my coin and I were offering it BIN $700, I don't think I would take any less than about $625 for this particular problem free piece.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
I was "bragging" to him that I finally won one in auction... he said "so you're the so and so who outbid me?" ... I replied "I guess so
These fools asking stupid money can go sit on a soggy cornflake...
I thought paying over double bid was over-the-top (bid is at an absurdly low $145) ... for whatever their reasons might be (and I have heard many forumites explanations... none wash with me) ... GS and other price guides REFUSE to acknowledge the true levels for many Barber coins... yeah yeah... the premiums only go for premium coins... that, my friends, is mumbo jumbo double speak... the price guide should definately be higher with the so-called dreck going for under price guides (which is usually the case in most other series)...
OK...time for another cup o joe
Personally I'm fine with the price guides being right where they are at....I scour the shows looking for decent Barbers anywhere near Bid levels, and I know I can turn them quickly with a small mark up to the knowledgeable collectors and dealers here on the forum. I'm sure I'm leaving money on the table, based on what I've seen these go for in the 'real world', if I took the time to slab them and put them on the 'Bay, but I'd rather hit a bunch of singles than go for grand slams.
roadrunner
A number of years ago,1900-0 dimes in F or better were not to be found.The coin's bid price went up and they started to be seen offered for sale.And I'm talking about when ebay was just a glint in his daddy's eye.Want to read something interesting,check out David Lawrence's comments about 1900-0 dime in the original,The Complete Guide to Barber Dimes (mine is a signed copy
These fools asking stupid money can go sit on a soggy cornflake...
People pay stupid money,as you say,for coins alot more common,alot more frequently seen than this seller's 1909-O Quarter.
was "bragging" to him that I finally won one in auction... he said "so you're the so and so who outbid me?" ... I replied "I guess so " ... he sighed and asked "How much do I need to pay you for it?" ... I said "I want 10% above my cost" ... he said "sold" ... I received it, enjoyed it for a bit and now it belongs to him... sigh...
The sigh kind of says it all.At least you seem to have a good attitude about this missed opportunity to make some decent money. I have a nice,truly scarce Barber coin and want to sell it? The sheet can get soggy from eating my cornflakes on it.
I checked David Lawrence Rare Coins for 1909-O Barber Quarter.They have none in inventory.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
PCGS Guide has a VG8 at $40 and my 8/2009 Greysheet has it at $28-$31 in VG.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
The market price for a VF 20 should be in the $450 - 500 range - and I think the seller
on eBay is more than a bit optomistic with his $699 asking price.
The coin is nearly impossible to locate in VF - AU. Oh, yeah !! Last month there was
an AU 58 for $699...with the previous owners initials scratched onto the obverse.......
I have seen a choice PCGS 58 go for Moon Money last year and another PCGS AU 55 go quite high as well.
I didn't record the sell prices - but they were up there. I'm thrilled to have been offered my MS 64 a couple
of years ago. I paid alot less for the MS 64 than what the AU 58 sold for.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
I haven't seen many of those either.
<< <i>what about the 05-O?
I haven't seen many of those either. >>
05-O Half? Very tough coin. I have one in VF25 that's really nice and original (Crappy pics of it can be seen in the half set that's linked in my sig) that I think I was quite fortunate to find.
Quarter? Well if it's a Barber and it's VF it's generally tough.... soo... seems like really only the much later dates are truly findable on a regular basis in VF. In the Halves for some reason it's the 12-D, that's the one date you seem to always be able to find.
Here's a PCGS VG10 that just sold on eBay for $129.02!!!!!
eBay Link
The Oct 2010 greysheet price for a VG example is bid $28 ask $31. So even in VG this last one went for over 4x greysheet prices. Some may think this particular example is undergraded (I don't), but even if that is the case the Greysheet lists a Fine at a bid of $65 and ask of $72, so the coin still sold at double the Fine bid price. Even the PCGS Guide has the coin at only $92 in F12 (I don't know the VG10 price because PCGS won't let me see it for free).
Anyone else see any 1909-O quarters selling recently? I know there is a toned PCGS MS64 example selling on Heritage next weekend. I saw the coin at the Beverly Hills lot viewing last week and I thought it wasn't too bad. I loved the reverse of the coin, but I only liked the obverse.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
Website-Americana Rare Coin Inc
<< <i>It's been about a year since this discussion and the way off price guides haven't budged. Meanwhile, the 1909-O quarter in circulated grades, when available, is still selling for multiples of the major guides. Sure, most all of us agree that in grades of VF20-AU58, the guides are way off, but even in the lower grades they don't seem to track reality.
.......
Anyone else see any 1909-O quarters selling recently? I know there is a toned PCGS MS64 example selling on Heritage next weekend. I saw the coin at the Beverly Hills lot viewing last week and I thought it wasn't too bad. I loved the reverse of the coin, but I only liked the obverse. >>
Mike - the Heritage coin in 64 is the only one that caught my eye - and its very colorful.
I have not had the privledge of inspecting it in hand like you have - but from the images
it seems like a very nice coin. Its certainly more colorful than mine [ or your's FTM].
Obviously, I'm tracking that sale at HA. Hope it goes for mid $5K.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>I have seen a choice PCGS 58 go for Moon Money last year and another PCGS AU 55 go quite high as well.
I didn't record the sell prices - but they were up there. I'm thrilled to have been offered my MS 64 a couple
of years ago. I paid alot less for the MS 64 than what the AU 58 sold for. >>
If memory serves me the AU 58 went for $4000. The AU 55 went for $3500??
An authorized PCGS dealer, and a contributor to the Red Book.
I don't remember what my good friend, Labelman87 paid Bushmaster for his 1909-O in PCGS 55.
However, the PCGS AU 58 sold for $4,025 with buyers fees. There was an NGC 58 that sold for $2,990.
Both coins on Heritage Auction Archives.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>I don't remember what my good friend, Labelman87 paid Bushmaster for his 1909-O in PCGS 55.
However, the PCGS AU 58 sold for $4,025 with buyers fees. There was an NGC 58 that sold for $2,990.
Both coins on Heritage Auction Archives. >>
And I've been looking for the past couple of years for a PCGS AU55 for $600 (per the PCGS Price Guide) or maybe a raw AU for $500 (per the Greysheet)
Wonder what it will have to take for PCGS to finally update the Guide????
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
For some who haven't seen it here is my pcgs 55 CAC gold 09-O. Someone is looking for a 55 at about $600; good luck I would pay that all day. I can tell the folks that really nice AU 55's and AU58 tough date Barber Quarters are scarce to rare. MS 64's are better buys and more available. Anyone have a 98-O or and 07-S in pcgs 58 for sale? LOL!
______________________
Craig
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
______________
Craig
<< <i>Awesome coin Craig, thanks for posting it
That is indeed one nice 1909-O
My Ebay
1934-1958 RB Lincoln Short Set
_____________
Craig
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
1909-O 25c PCGS XF40
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
<< <i>Just noticed the PCGS XF40 1909-O quarter on eBay right now. PCGS Price Guide says it's worth $340... the opening bid on this one of $1100 has already been met with 5 days left to go... FYI, an MS60 just happens to be $1100 in the PCGS Price Guide. How much higher will this XF40 go for???
1909-O 25c PCGS XF40 >>
More than that.
<< <i>
______________________
Craig >>
nice pix of an old friend!
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i>More than that.
Looks like you were correct, the PCGS XF40 sold for $1276.99!!
and PCGS did raise the price in their Price Guide finally on the XF40!!!!! from $340 all the way up to $400!!!!!!! seems like they need to triple that number...
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
<< <i>Note to self: Stop ignoring the rows of raw Barbers at the shop. >>
I dont know about yours, but my B&M prices them right off the sheet BID + 10%.
EAC 6024
<< <i>I dont know about yours, but my B&M prices them right off the sheet BID + 10%. >>
Lots of dealers have rows of Barbers, and price them around Bid....unfortunately, 99% of them are common dates, heavily worn, have problems, etc.
That's why the tough dates in nice shape are commanding the big $. But keep your eye out for that once in a while needle in the haystack!
<< <i>I was offered a 09-O in PCGS55 a while back for $2500 and didn't take it. Probably should have. >>
Jon... LOL... you should have called me !!
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
EAC 6024
Current PCGS MS63 Price = $2000
Current PCGS MS63+ Price = $2400
Current PCGS MS64 Price = $4250
The PCGS MS63 on Heritage sold tonight for $4600! Looks like some more green up arrows are needed in the Price Guide soon!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
Ron
Mike - Thx for the head's up about the MS 63 - 1909-O Quarter.
I think that was very strong money for that 63. Wonder what this
MS 64 will bring at the Chicago Pre-ANA Sale ?
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>Mike - Thx for the head's up about the MS 63 - 1909-O Quarter.
I think that was very strong money for that 63. Wonder what this
MS 64 will bring at the Chicago Pre-ANA Sale ?
>>
I hope it goes strongly as it's a solid looking MS64. I would assume that there's another few buyers needing one of these for their collection as we know MS examples just don't show up in every auction. Surely the underbidder of this recent MS63, who had their bid of around $4400 outbid, will likely pay the same amount for a nice MS64 and hopefully much more. Best of luck
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
PCGS Price Guide for XF40 still at $400
PCGS Price Guide for AU55 still at $600
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
Doug
10-4,
My Instagram picturesErik
My registry sets
for around $1200. F and VF coins are regularly available, but XF and AU coins are very scarce and worth much more than price guide values.
Doug
Just glad I got my MS64 example when it was available, didn't realize how tough of a coin it was at the time!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
<< <i>Mike - Thx for the head's up about the MS 63 - 1909-O Quarter.
I think that was very strong money for that 63. Wonder what this
MS 64 will bring at the Chicago Pre-ANA Sale ?
Just spotted this old thread and realized I hadn't edited my post with the
Price Realized at the Heritage Pre ANA auction.
My MS 64 hammered at $ 3,500 plus the Vig.
Not complaining but I actually paid $ 3,550.
Six years ago !!
I wish I was the lucky receipiant of that AU 55 Gold CAC coin.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
One in PCGS F12 is currently bid up to $345 (w/ the BP) and the PCGS Price Guide is $225... already around 150% the Guide price and there's nearly a week to go!
Another in PCGS XF45 is already bid up to $2185 (w/ the BP) and the PCGS Price Guide says it's worth only $425!!! Again, still has around a week to go.
It's clear PCGS is still way behind on the value of this date and they have been told on multiple occasions. But most other price guides aren't close either. Still hard to believe that these coins in XF go for that sort of money when for a little bit more you can apparently get a near-gem PCGS MS64.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448