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A Roll Set Of Philly State Quarters

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 Posted 04/24/2018  08:52 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
The problem was with these coins that they made so many of them, and so many were hoarded by people, that the typical retail price for a role of State Quarters is about $11. Most dealers don't want them, most dealers have a large supply of them. If a dealer does by them as part of a collection they will typically take them to the bank and deposit them. Even buying them at face value it takes them so long to recover the money they now have tied up in them that it's a losing proposition.
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Bedrock of the Community
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 Posted 04/24/2018  10:57 am  Show Profile   Bookmark this reply Add TNG to your friends list

Quote:
specify the Alaskan and if any south or north Dakota.

Alaska ( Grizzley Bear ) is near the outside edge at 6 o'clock and N. Dakota ( Bisons ) is the third one directly above it.
The wrapped one is Georgia. There are 50 rolls there, all 50 states.

Quote:
If a dealer does buy them as part of a collection they will typically take them to the bank and deposit them.

I am well aware these have no real potential and little collector value.
We had literally hundreds of rolls. I could have easily made a heads- tails roll set of all of them and the territories and ATB up to probably 2015. There were bicentennial unc rolls too, which were a little tougher to dump for me but off they went.

Quote:
There could be some nice errors.

They all went to the bank but for a small number of singles and a few rolls of dollars. I did go through the partial roll of D Wisconsin's looking for an extra leaf. I looked for no edge lettering on Presidents, but didn't care about position A or B. lol
There's that slight chance there could have been blank planchets, missing layers, clips and Cuds in those rolls. I doubt there were any off centers or broadstrikes. I did look for bumps and dents in the rolls which could've tip me off of a mis-shaped straggler inside.
As far as little die chips and "is this a doubled die?" coins, I don't get excited over them.
There are a few designs I like. Those with the wild animals I am partial to. But these are a dime a dozen, well ... $3.00 a dozen and that's about it.
I'm probably better off buying $500.00 worth of silver or a nice gold Indian coin.
Edited by TNG
04/24/2018 11:02 am
Pillar of the Community
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 Posted 04/28/2018  09:02 am  Show Profile   Bookmark this reply Add Debrajc to your friends list
A gold Indian. I like that idea!
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 Posted 04/28/2018  09:47 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
I think you did exactly right - a quick scan for obvious valuable ones, but not going to the mite on the gnat on the flea chasing low risk oddities.

One other thought... your local coin club might have some YN programs. Hunting varieties is a great intro.

Here in Texas, the TNA show will have a youth auction. The kids get some amount of script (and there are small opportunities to earn a little extra). All the lots are donations. It's usually a blast.
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 Posted 04/28/2018  09:52 am  Show Profile   Bookmark this reply Add cladking to your friends list
A lot of these were saved and a lot are getting cashed in.

There are already several dates with significant wholesale premiums and there are numerous scarce and potentially valuable Gems, especially in the later dates where mint set coins were made by a different and distinctive process.

You might not want to watch the prices in the future.

On the bright side it might have been easier and cheaper to just have cashed them in.
Time don't fly, it bounds and leaps.
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 Posted 04/28/2018  4:37 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
That is a point, really nice high grade 2005 - 2010's may have some potential.
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 Posted 04/28/2018  5:27 pm  Show Profile   Bookmark this reply Add KenKat to your friends list
Just think if those were silver...
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 Posted 02/03/2019  8:19 pm  Show Profile   Bookmark this reply Add rg-errorcoins to your friends list
I'm just curious, did you sell them at the bank? That's as good a deal as I get, and never this many. Hunting for state and park errors means that I take many back to them back to the bank's coin counter.
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 Posted 02/04/2019  08:12 am  Show Profile   Bookmark this reply Add just carl to your friends list
That many I too would have just taken them to a bank. Would taken to long to go though all those.
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 Posted 02/04/2019  09:47 am  Show Profile   Bookmark this reply Add ty88ty2 to your friends list
I would have grabbed one or two of each for a few nice sets and hauled the rest out.
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 Posted 02/04/2019  2:09 pm  Show Profile   Bookmark this reply Add nick10 to your friends list
I'd have looked through them for high grades. Should have been a few MS-67s within.
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 Posted 02/06/2019  09:01 am  Show Profile   Bookmark this reply Add jeffbuckes to your friends list
Hang out at the car wash and sell them for face value, I bet you can get 27 cents each on weekends.

Or walk through downtown and make change for drivers trying to feed the parking meters.

Or put a few rolls in a sock and keep it under your pillow for night time security.

So many possibilities!
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 Posted 02/06/2019  8:03 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I would keep a few of the better rolls. Then sort through them for better grades.
Just to add them to the other 13,000+ State and park quarter I currently have.
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 Posted 02/06/2019  8:16 pm  Show Profile   Bookmark this reply Add TNG to your friends list

Quote:
I'm just curious, did you sell them at the bank?


Several car loads went to the bank, golden dollars too but mostly were unc various State Quarters. Thousands of dollars worth, which is long ago spent on stuff like taxes, heating oil, food.

I still have these 50 rolls tho, never looked at them since, however, they do make the safe heavier.
If I need $500.00 for something and don't want to dig around for other money, these will probably go.
I think I'll take a picture of them to the next coin club meeting and see if I can make 25 bucks on them.
You guys that would take the time to look at each one are a lot younger than I am.
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