| Author |
 Replies: 48 / Views: 9,202 |
|
|
|
|
Bedrock of the Community
 United States
12839 Posts |
Quote:
...and as people said it isn't a good investment. But I gotta tell you, I LOVE THEM :) I love looking at them and they are beautiful. That's really all that matters. I feel the same way about mine. :) |
|
Bedrock of the Community
United States
36746 Posts |
Investment wise, they are turkeys. Collect them for enjoyment only, the thrill of the hunt. Just don't expect to get much for them when you want to sell.
|
|
Pillar of the Community
New Zealand
526 Posts |
I would not normally collect these, but I came across a 50 pack by 'Tangerine Press'in a mixed box I purchased from a thrift shop - very cheap. The original pack cost was $5.95 but it looks like the after market is btw $30-$228 -( hope you get the coins as well for that). http://www.alibris.com/search/books...780439208222I found almost all the quarters are there apart from 2006 Colorado, Dakota, 2007 Montana, Washington, Idaho. All the coins all look in UNC condition. There are still some loose coins in the box for me to search through so maybe the missing are there somewhere.  Edited by Bas S Warwick
09/21/2015 06:26 am
|
|
Valued Member
United States
214 Posts |
IMO the silver proof sets would be the best investment.
|
|
Bedrock of the Community
Australia
21788 Posts |
Statehood Quarters are an excellent investment, when it applies to me !The U.S. People, via the U.S. Mint and Treasury, made a profit of about $9 out of me. Visited the 'States a while ago and was able to get a complete set, taken from circulation. They cost something like 7 cents each to produce, and they have a buying power of 25 cents each. Each coin issued into U.S. circulatiuon is a debt against the U.S. People. Therefore the U.S. People have made a profit of about $9 out of me !
|
|
Pillar of the Community
United Kingdom
2624 Posts |
I agree Sel, I was thinking about the effect on the economy with all the hoarding of coins like this. I worked in the states for a while and dug about half the states out of circulation, I returned to Vegas for a while in 2009 and found a few more... then I did a couple of trades and filled in the gaps. I wanted a full set of Presidential dollars too (I have up to 2012...need to fill these in but ebay seems an expensive way to do it) and the ATB Quarters (which are going to run for some time and amount to an awful lot of coins) In total this is going to be quite a few dollars taken out of the economy. On the one hand the face value is way higher than the cost of production so the USA has made a profit, but on the other hand it like that money is now dead to the US economy. When do they get weighed in when the coinage becomes obsolete half of it won't get cashed back in? Is that when they will see the profit or will the always have to honour the value of the coins (like UK banknotes are always exchangeable for face at the Bank of England regardless how long they have been withdrawn) My head hurt a little pondering such things... Edited by DavidUK
09/21/2015 09:40 am
|
|
Pillar of the Community
1325 Posts |
Was that the point of making coins that people might collect and maybe even hoard (2009)? That way they can see and gauge, if they have a real way to measure, how much the mint needs to make of collector-only coins in the future, like proofs, etc? Or was it a plot to make people take money of of circulation because they want to get rid of coins? Was it a plot to make banks realize their duty to distribute money from the government to the people? Was it something fancy to get kids to learn the states? Was it all to confuse cashiers? Was it jsut a way to prevent having to fire/lay-off engravers and designers of coins? I got 1 set of the 56, and working on a set of the ATB because they exist. $25 is a bit more than it should have costed for those years coins to have to sit around in folders as opposed to just 2 coins per year rather than 10! Might have been a good idea to do the State Quarters LONG ago back when people collecteds those sppons as they visited stated, then the coins coin be put into the spoons by those manufacturers. If you want a set or design in the State Quarters, then it is worth if. Just like any coin. If you don't want it, then it isn't worth it. |
|
Pillar of the Community
United States
711 Posts |
Investment wise, the silver proof quarters are best.
They can be had for not much more than melt at this point.
As in nearly zero numismatic premium for nice proof silver quarters.
I have found silver proof sets going for less than 5% premium over face melt (melt value plus other face value for the dollar coins and the like).
Decent way to invest in silver, not that silver is a good investment in the short to medium term.
Great way to collect silver coins you like in the short, medium, and especially long term.
|
|
Pillar of the Community
United States
624 Posts |
Quote:
They cost something like 7 cents each to produce, and they have a buying power of 25 cents each. Yes but that 18 cent profit is immediately lost when they it costs them $1.50 for every dollar if pennies they roll out.  I personally collected the State Quarters from circulation when they were coming out and I was in school. And now I pull out the ATB Quarters I don't have yet, and have bought a few ATB S rolls, and bags from the mint (400 coins total so far) directly from the mint. The mintage numbers are less than 1.5 million per coin, and they end up costing me about $0.37 cents a piece. I pick out the best ones and seal them in air tight containers, and the rest I put into coin flips or rolls. I feel that once they start making albums for the S strikes everybody will try to fill them and the values will go up for these coins. Supply low, Demand ehh... we'll see. |
|
Moderator
 United States
188648 Posts |
Quote:
Yes but that 18 cent profit is immediately lost when they it costs them $1.50 for every dollar if pennies they roll out.  |
|
Pillar of the Community
United States
4592 Posts |
It's fun to check pocket change and see how well (or poorly) the designs have held up. That's collecting.
As an investment? Terrible
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
|
Pillar of the Community
United States
1795 Posts |
Well say what you want about them...as far as investment potential there is none because too many were made and the only ones that may be worth something after we are all dead and gone would be the silver in MS70 that would be a safe bet I would say. On the other hand they are beautiful and they are different Washington quarters. They have stimulated many new collectors and they are circulated commemoratives as well; that I have added to my Commemorative collection. |
|
Valued Member
United States
103 Posts |
I personally don't collect them. Better to invest in silver since prices are low.
|
|
Pillar of the Community
United States
814 Posts |
I collected them for the sake of collecting them. I have a simple Warman's one-hole-for-each-design folder that includes the Territories. All filled from circulation. I find the ATB Quarters to be a more worthy and beautiful series anyway, but again, I collect to collect. If I want to invest, I buy silver (gold if I could ever afford it). |
|
Pillar of the Community
United States
1228 Posts |
|
|
|
Replies: 48 / Views: 9,202 |
|
First Page
Previous Page
Posted 06/30/2012 6:53 pm
