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Are State Quarters A Good Investment

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Bedrock of the Community
United States
12437 Posts
 Posted 08/07/2012  11:31 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list
State Quarters will be as good of an investment as Bicentennial Quarters were, i.e. not good at all. Even many of the Silver Proof issues(other than 1999 and 2001) are trading at spot prices. Some of the varieties will most likely retain value but the potential for increase is unknown- Wisconsin high and low leaf, a select few of the Minnesota DDRs, and the major Washington DC DDR will probably do ok but those are not coins you come across everyday in a roll. It is also worth mentioning that State Quarter errors are still worth more than their 1965-1998 counterparts.
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United States
2448 Posts
 Posted 08/07/2012  1:05 pm  Show Profile   Bookmark this reply Add carmykle to your friends list
Actually, there a two different errors on the Wisconson; both invole extra leaves and their position relative to the actual leaf.
Pillar of the Community
United States
1116 Posts
 Posted 08/07/2012  9:44 pm  Show Profile   Bookmark this reply Add ghostrider to your friends list
So for now on I'm saving the Wisconsin coin until I find these errors. I will be doing the same for the Minnesota coin. What mint mark should we be looking for?

Just how common is the error anyway?
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United States
12840 Posts
 Posted 08/08/2012  03:07 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Good question; I've wondered that too, ghostrider. My Red Book is in the other room; too lazy to go see what it has to say. ;)

I have a big jar of State Quarters that I've been accumulating from change for 15 years. I'm at the point where I'm convinced I'll be better cashing them in for silver or buying a safe or something rather than saving them, but want to go through them first. Actually I've been at that point for many years, just have been too lazy (there's that word again) to take the time to go through the thousands of quarters. But would like to have a good list of errors/varieties to look for first so I can knock it out.
Valued Member
United States
56 Posts
 Posted 08/11/2012  6:13 pm  Show Profile   Bookmark this reply Add Billmoody1952 to your friends list
If you enjoy collecting them then by all means go for it. As far as an investment not a good choice. Just unloaded Most of my State Quarter rolls that I had been collecting since inception and got what I paid for them $10/roll. Most coin shops don't want the rolls unless you are using at face value to purchase a product.
New Member
United Kingdom
16 Posts
 Posted 08/11/2012  9:15 pm  Show Profile   Bookmark this reply Add gaelic_femme to your friends list
Speaking of quarters...I am keeping all the old quarters I come across now as I have a feeling they are going to become more scarce as time goes by. Anyone else think this makes sense? That being said like I mentioned in another thread I have a couple hundred Ike dollars and they really haven't moved in value at all. Sigh....
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 Posted 08/11/2012  9:50 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
If you just mean average condition older quarters that arent high end examples or have silver youll run into the same problem that the State Quarters have. Theyre were just to many minted. Some of the 60s and 70s that could work but after that in the 80s and 90s the washington mintages were higher than the State Quarter ones

http://www.bestcoin.com/washington-...-mintage.htm
Edited by basebal21
08/11/2012 9:51 pm
Pillar of the Community
United States
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 Posted 08/11/2012  11:05 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list
I too collected every state ever issued 2-3 rolls each and I will tell you they are a very heavy product to keep in a storage container. I do not think ( now ) they will be worth any more than the face value I paid for the rolls, except a few, not counting the Presidential rolls which I also collected for the first 2 years, Some nice errors I hope to find, when I decide to open them... All BU, Vendor Wrapped..........It certainly adds up!!
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13014 Posts
 Posted 08/12/2012  03:03 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
I started an album for them too. I dont see them going up in our lifetime, but they are cool and I like them either way
Bedrock of the Community
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20753 Posts
 Posted 08/12/2012  10:13 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
I started an album for them too. I dont see them going up in our lifetime, but they are cool and I like them either way

I too made a few Albums for those using Whitman Blank covers and pages. I stopped at the Park stuff though.
Collecting any modern quarters is OK but just not a really popular coin. Sort of like Jefferson nickels, also not popular. Never could figure out why some coins are popular and others just the opposite. With Nickels it appears that few like Shield nickels, lots love Buffalo nickels, Jefferson nickels are possibly the least popular. With Quarters, I seldom meet anyone that really loves any of them except the Standing Liberty ones and those are really popular.
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13014 Posts
 Posted 08/12/2012  4:16 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
It is kind of weird how the penny gets so much attention yet the others by comparison get ignored. Granted modern penny collections are the cheapest you could put together but nickels arent really expensive either.

I did decide to do the ATB ones as well just because they are some I really like. With how new it is too its not like theres a huge amount to catch up on. Personally I do think the designs on the older coins like the standing liberty and buffalo are more appealing to the eye. Their modern counterparts until the new reverse on the quarters were just rather plain and had been around so long were due for some fresh looks. It also doesn't help that their designs for the most part closely resembled their bill counterparts making it seem even more ordinary
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1227 Posts
 Posted 08/12/2012  8:54 pm  Show Profile   Bookmark this reply Add ninamason to your friends list

Quote:
It is kind of weird how the penny gets so much attention yet the others by comparison get ignored. Granted modern penny collections are the cheapest you could put together but nickels arent really expensive either.


I think this is because, well . . . to be honest, modern nickels are ugly. I refer to them as the red-headed stepchild of coins--people don't like getting them in change, either. The new Jefferson portrait is a step in the right direction, but the design of Monticello just isn't that interesting--what are you looking for on the nickel reverse? A full set of stairs and, for three years, a large mintmark. Whee! How many brand-new collectors actually find a set of stairs you can only see under a magnifying glass interesting? It's only when you know how rare such things are that they really get you going. Roosevelt dimes (which I personally think are awesome, I love that one of our most awesome Presidents was simultaneously kicking Hitler's butt and also showing the entire world that it's possible to do such a thing while requiring a wheelchair in a time when "handicap-accessible" was completely not a thing) suffer from the same problem: they haven't been redesigned since they were introduced in the 1940s. I think the mintmark was moved when they stopped being silver, but that's the most exciting thing about them, really, for the novice.

And then, of course, quarters are prohibitively expensive if you're doing large sets. The State collection (sans territories) is only $12 from circulation, but if you want one of each mint it's $36 . . . plus the territories and DC easily push it up over $50 . . . and that's for just one series. Now imagine you want one, just one, of each quarter since the year Washington was put on the quarter. I can't do the math past the State series because I'm not sure how many Territory quarters there are, but just going through the State series takes you up to almost thirty bucks--and that's just face value. Now try to buy even circulated examples of some of the silver Washingtons. It gets expensive fast.


By comparison, the penny is rather exciting even for the novice--there are wheatbacks that are still pretty easy to find, and occasionally you may even find an IHC in your pocket change (in the last year I've found two in my drawer, a 1906 and a 1908). With the exception of keys like the 1914-S and the VDB, most pennies beginning with 1909 can still be found in circulation without a minor miracle occurring. Lincoln's portrait is stately and well-drawn, and the different varieties of reverse keep things interesting. In that respect, toning is also a mark in the penny's favour--young collectors may be fascinated by the contrast of shiny and dark pennies, and may enjoy seeking out bright, shiny coppers.
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13014 Posts
 Posted 08/12/2012  11:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
I dunno if Id say ugly, but definitely a bland design that is more than worn out its welcome. The westward journey series was nice though. But I agree theres nothing to really get excited about on most modern coins. The bills looking so similar dont help at all either.

I really like the idea of redesigns and special series every decade or so to keep it fresh. For what its worth I dont really think the penny design is all that special in terms of beauty either but it certainly is cheaper and easier to collect which is appealing.

Just for fun I think it would have been neat to have the 1993 be a steel penny again for the 50 year WW2 steel penny.
Pillar of the Community
United States
1116 Posts
 Posted 08/13/2012  01:15 am  Show Profile   Bookmark this reply Add ghostrider to your friends list
I personally think that with the exception of the quarter all US currency needs a revamping.

I'd really like to see a new circulating half dollar and dollar put in an appearnace. They are all outdated. All they did to update and modernize the penny was slap a shield on the reverse and call it new and interesting.

I'd also be interested in seeing a $5 coin almost the size of the Morgan.

I know that it would never happen but somehow the idea of coins over paper money sure seems like a money saver.
Bedrock of the Community
13014 Posts
 Posted 08/13/2012  01:31 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
I honestly think thats one of the problems with the new dollar coins. They just are bla. I like what the presidents represent but its nothing like that feel of a nice morgan or Peace dollar or ASE in your hand. And yea I know its heavy but really no one carries around 15 ones anyway unless theyre going to a strip club
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