| Author |
Replies: 20 / Views: 3,772 |
|
Valued Member
United States
382 Posts |
I check into my hotel, grab my complimentary USA Today and would you look at that...front page:
"Flaws inflate some quarters' worth"
Sets of these three quarters (normal, high leaf, low leaf) are being sold in MS graded sets for $1,099. Seems most of them are turning out in Tucson, AZ.
This is good press for the hobby. More collectors coming in, more demand for quarters and all coins.
|
|
|
|
Forum Mom
 United States
5877 Posts |
What amazes me about these is that the "low leaf" variety actually looks like a corn leaf. It's hard to believe that this is an error strike. Maybe someone at the mint decided to get creative?
|
|
Valued Member
 United States
382 Posts |
From the USA TODAY front page article: "...the Mint has improved technology and tightened its manufacturing operations [from 1995, the last major "error" when some Lincoln Cents had the DDO]. That has raised speculation that the extra leaves could have been intentional. Also raising eyebrows is the apparently accurate placement and design of the extra leaves. Plus the leaves are so clear that they can be seen with the naked eye, suggesting any changes to the die were more than mere scratches." Fred Weinberg, a coin dealer in California and co-author of The Error Coin Encyclopedia, says enough questions have been raised that an intentional change can't be ruled out. Still, he says, "It's hard to believe that somebody would jeopardize their job to do that." So far, about 1,000 have turned up, mostly in Tucson and some in San Antonio. Considering 453.2 million Wisconsin quarters were minted, so far these finds represent a very small population. Stay tuned and check your change! Here are close pics of the leaves: Download Attachment: WiscVarCU_400.jpg16.69 KB
Edited by zakgold 02/09/2005 8:25 pm
|
|
Pillar of the Community
United States
867 Posts |
I checked all of my Wisconsin quarters at work the other day, and bummer... Not a single extra leaf among them.  I'll keep checking- gives me something to do during the slow days. Rachel [:p]
|
|
Pillar of the Community
United States
2724 Posts |
We have been taking phone calls about these quarters already. Most are looking to sell. Looks like more hype than not. I have been warning my customers not to buy into this fad. With such a high mintage, the extra leaf coins could end up being $50 coins by years end. Now for those who own them, I tell them SELL, SELL, SELL
|
|
Forum Mom
 United States
5877 Posts |
quote: Originally posted by national dealer
We have been taking phone calls about these quarters already. Most are looking to sell. Looks like more hype than not. I have been warning my customers not to buy into this fad. With such a high mintage, the extra leaf coins could end up being $50 coins by years end. Now for those who own them, I tell them SELL, SELL, SELL
I think that's excellent advice, ND. If I had any, that's exactly what I would be doing.
|
|
Pillar of the Community
United States
1151 Posts |
I only have one Wisconsin quarter and no extra leaf. 
|
|
Valued Member
 United States
382 Posts |
Hype is NOT going away as ANOTHER article appeared today (2/10/05) on page 3 of USA Today's Business section. I thought that was odd since they ran pretty much the same story on page 1A just one day earlier. Must be a cheese head conspiracy...or a Green Bay Packer fan working at the Denver mint. http://www.usatoday.com/money/2005-...r-usat_x.htm
Edited by zakgold 02/11/2005 12:46 pm
|
|
Forum Mom
 United States
5877 Posts |
I still think it will be a fad. I think they're going to find that there are a lot more out there than originally believed and the prices will drop quite a bit.
|
|
Pillar of the Community
United States
2724 Posts |
Please read my latest thread : numismatic rarity or fad.
|
|
Pillar of the Community
United States
867 Posts |
This is the kind of thing I wouldn't mind having one of, but one would be enough. Just so I can say I have it, you know... If I can find it in circulation and pay face value for it, then I'll take it.
Rachel [:p]
|
|
Pillar Of The Community
3147 Posts |
Having one would be great but not at the expense of %60 to $80 bucks! Finding one in a roll or in circulation would make it a keeper but I am not falling for the apparent media hype that has just begun. Most journalists don't have a clue about coin collecting and will jump on the "breaking" news as it is given to them and from that point on the "drama" explodes. I just can't believe the error collectors are searching so hard for something NEW to spend their hard earned money on?
|
|
Rest in Peace
United States
954 Posts |
You know ND, I think I'm going to keep you around for a couple of more days. You keep on giving out that kind of advice your worth a double eagle easy...! catman 
|
|
Pillar of the Community
United States
2724 Posts |
What a great compliment. Thank you sir. I am just happy to share what little I know.
|
|
Pillar Of The Community
3147 Posts |
What I want to know is when can WE expect our double eagles for being such great guys, not to mention, such great friends with our buddy Catman? Wanted to make sure I stayed on your official "gold give-away-list"! Sure don't want to slip off of that list!
|
|
Pillar of the Community
United States
867 Posts |
Hey now, what about great girls? Just because we're the minority here...  I had about five customers come in today and ask about these "extra leaf" quarters. I probably spent a good five minutes trying to convince this little old man that they're probably not worth anything more than face value- I guess he'd seen one for sale somewhere for some outrageous sum of money and was actually thinking about buying it. Rachel [:p]
|
| |
Replies: 20 / Views: 3,772 |