Paid a quarter for a quarter

JJHulin

I was in a pawn shop today and saw this 1926 Standing Liberty Quarter. I thought it had character. I can only imagine the time this coin spent in a pocket over the past 85 years.
He had it marked for a dollar and I offered him 50 cents. He took it. I gave him two quarters and got one back in return.
What do you think? Did I get my quarters worth? Should I send it in for grading...just kidding.

blu62vette

go back.....buy more.

coinkid855

Go back and buy ALL of them!!! Silver quarters contain over $5 in silver!!




-Paul

joebb21

wow

SaorAlba

Couple of years ago I found a handful of the SL quarters at the Antique Mall priced at $1 each, you betcha I snapped those up.

Zoins

Great trade! Go often, trade often

As for grading, if you can get that down to a PO01, then definitely get it graded.

GrumpyEd

Go back and buy all the silver he will sell at those prices!

zap1111

<< <i>Go back and buy all the silver he will sell at those prices! >>



And then sell them for melt? Hmmmn... call me old fashioned romantic, but I'd rather keep the coin when it's a dated SLQ with a story to tell.
zap

JJHulin

I agree. I don't think I could ever sell a coin for melt. They just tell to many stories to me.
Maybe I will give it a few miles in my own pocket before putting it up.

Zoins

<< <i>I agree. I don't think I could ever sell a coin for melt. They just tell to many stories to me.
Maybe I will give it a few miles in my own pocket before putting it up. >>

Definitely look into the value placed on PCGS PO01s for low ball registry sets. They command a premium

TrustNo1

how could he sell it for that??

savoyspecial

>>how could he sell it for that??>>



your question may be rhetorical, but i'll still answer for you: a large number of them (pawn shops) deal in stolen goods so their cost for inventory is relatively low

HTubbs

<< <i>>>how could he sell it for that??>>



your question may be rhetorical, but i'll still answer for you: a large number of them (pawn shops) deal in stolen goods so their cost for inventory is relatively low >>



And not every pawn shop owner is coin savvy...

atarian

what happened to the idea he got it in a roll of coins and marked it up 400% for the coolness factor and took a 200% markup at the end of the day for doing nothing.

Just like how i got a 1881 cent out of a roll of pennies. had a readable ERTY in the head dress. and a few weeks earlier a 1901 with full LIBERTy in XF. finds do show up in common rolls still

GrumpyEd

<< <i>And then sell them for melt? >>



Get more and keep them.

Some off beat places that turn inventory slowly might have silver priced below melt. I still see dealers with silver dimes in flips marked near $1, not sure they'd be happy to sell them as marked.

Ecclesiastes

Evert once in a while I have a dream about something like this happening too me. Never does it happen!!

QuarterCollector

And where is this pawn shop

golfer72

<< <i>Go back and buy ALL of them!!! Silver quarters contain over $5 in silver!! Not quite. Less than $3 actually.




-Paul >>

ricko

I will have to stroll the antique shops here this weekend.. they usually have some undervalued silver. Cheers, RickO

stockergreen

Yes you got a fairly decent deal

johnny9434

you got a great deal on that. like it was said earlier go back and buy more