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Replies: 26 / Views: 2,760 |
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Pillar Of The Community
3147 Posts |
I call what we are seeing now "the fools market"! Should these quarters turn out to be something worth actually having it will be for far less than what we are seeing now. Not a doubt in my mind. ND is absolutely correct with his wait and see attitude as they are starting to turn up in larger quanities it seems and we all know what that will do to prices. Be patient and wait this one out.
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Pillar of the Community
 United States
2724 Posts |
Now please keep in mind that all of us should be looking through our change. You just never know what will pop up. Mules, varieties, errors all can spice up the life of a collector and add a couple of dollars to our pockets. Just don't be greedy with it. If you find one, offer it on ebay or some other venue without reserve and take whatever the market allows.
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Pillar of the Community
 United States
5953 Posts |
I always look through my change its where most of my wheaties came from.
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Pillar of the Community
United States
7123 Posts |
I live here in New Mexico , between the golden states for these quarters, up until a few days ago I would get any number of wisconsin quarters in my chage from different places, today ,and yesterday I have not received one wis. in my change,,, I wonder if they are being picked out at the bank,Checkers at super markets and convienence stores,, sales clerks at the local hardware ,, gas stations even wal mart did not produce any ?
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Pillar of the Community
United States
1247 Posts |
Someone has an extra leaf quarter listed on ebay with a buy it now of $450.
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Pillar of the Community
 United States
2724 Posts |
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Forum Mom
 United States
5877 Posts |
The future is defnitely not looking up for this "die variety". I hadn't noticed the low leaf base continuing into the other leaves before I read that article. Thanks so much for posting it, ND.
Now, a question of ethics: Knowing what we do now about these "varieties", who here believes that it is ethical to capitalize on the current market and sell these as rare varieties?
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Pillar of the Community
 United States
2724 Posts |
I personally view all the modern coins as too much hype. All the current designed coins have mintages in the billions. For those dealers or sellers marketing them as ultra rare or condition rare are simply taking advantage of people who truely have no clue what rare is. The low tier grading services survive on this and the proof is in the pudding. So many MS or PR 70 coins are popping up that the values cannot be held. Until all the dust is settled, there is just no accurate way to judge the rarity of coin. When looking at the older proven series, there are plenty of facts to go back and research. We as a whole are in such a frenzy to make something out of nothing, that we grab at any dream that comes along. The newer coins, Lincolns, Jeffersons, Roosies, State Quarter all have unique collectors that are specializing in them hoping to make something out of nothing. In the early years, most of these coins were not struck particularly well, but no date in the series are truly hard to come by. (Errors excluded). So each group is trying to find something to bring the series to the front of the hobby. We have full steps, full torches, and a few others. In todays Mint, weak strikes are truely rare. Coins put into the Mint and Proof sets are remarkable for the most part. There is nothing wrong with collecting these coins, but why pay premiums for coins that are in no way, shape or form rare. For the past couple of weeks I have been receiving calls about this quarter. I have not, nor will not buy these things. In my opinion, they are not rare, nor worth the price.
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Pillar of the Community
United States
980 Posts |
I'm surprised they're holding sale prices on ebay. 3/9 completeds were mostly in the 100-200 range. A slabbed set of three solld for 810! (NGC MS 66), a ms 65 set (also NGC) went for $495. It will be interesting... It's very hard for me to generate enthusiasm at these prices. If the sets go for that much, it seems as if one willing to buy up the raw coins at 150 or so easily, surely some would be in the 65 grade. Likely there is someone trying that out there as I type... Don
Edited by SFDukie 03/09/2005 6:40 pm
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Forum Mom
 United States
5877 Posts |
If you want a set of the varieties, I'd wait for another couple of months. I firmly believe these prices will come down significantly. I would say that the people who running "sales" on these have figured out that the hype is what kept the prices so high and they see the writing on the wall.
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Pillar of the Community
United States
867 Posts |
There was an article in my newspaper about how the local coin shops are getting a bunch of phone calls about these quarters. The author did some research online for the article and came across a guy on ebay who is selling even rarer Wisconsin quarters where the cow is missing one eye. Think about it...  Rachel [:p]
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Pillar of the Community
United States
1247 Posts |
quote: Originally posted by Kyra
the cow is missing one eye. Think about it... 
Rachel [:p]
I hope this isn't going escalate into the famous cow whose poor eye-sight started the Chicago fire. 
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Pillar Of The Community
3147 Posts |
First of all I would like to see someone, whom ever that may be, get rid of the term "high leaf and low leaf" as corn DOES NOT have leaves!!! That has really been irritating me and now I see in a letter to the editor of one of our leading numismatic publications that it is bothering others as well! Husks or Shucks would be correct or perhaps we could just assume a WEED has cropped up but I am sorry there are no leaves and it is apparent who ever started this frenzy didn't grow up in the Mid-west or near a farm!
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Pillar of the Community
United States
980 Posts |
Hi guys- on ebay completed auctions it seems as if there are less sales of the Wisc varieties and the prices continue to trend ever so slightly down. 3/16 completeds- lows went for right around $100 in uncirc, highs over a wider range-maybe centered around $150. None going for 200+ as last time I looked at completeds on 3/3 or so. Gotta love some of the wierd variants folks are trying to peddle- Wisc "smoke", an extra hat line above John Muir on the CA 25c, "fat" leaf Wisc quarter, etc.
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Pillar of the Community
United States
1203 Posts |
quote: Originally posted by national dealer
I personally view all the modern coins as too much hype. All the current designed coins have mintages in the billions. For those dealers or sellers marketing them as ultra rare or condition rare are simply taking advantage of people who truely have no clue what rare is.
Amen! If this isn't the truth, I've never heard it!
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Replies: 26 / Views: 2,760 |
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