Quote:
a coin in that high a grade is worth only melt
At
every big coin show I've been to for the past several years,
there have been sellers offering Uncirculated 1964-D Dimes, Quarters
and Half-Dollars for spot value or barely above.
At Denver Coin Expo, 2010, there was a guy selling OBW rolls of BU '64-D
Halves for spot, straight out of an original Central Bank Of Denver box.
And he had another box he wanted to sell whole, for spot (don't know if he did).
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Value on an MS60 64D is 8 or so
In a top-tier
TPG slab (and that's a "retail" price, good luck actually getting it).
Costs more than that to get in the slab and graded.
I have several MS-60/61 1964-D Quarters that I pulled from my pocket change
(back in the '80's/90's), worth $6.39 each in melt.
I can send five of them to
ANACS, and for only $50 ($10 each, 1964-up,
five-coin minimum), they'll be worth $8 each.
So, I can spend $50 to make five '64-D Quarters (already worth a true $31.95) worth $40 "retail"...


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ianp: I paid $6.75/each, which isn't bad I think.
Not a bad deal. Paying to slab them would be. Enjoy them as they are.

Mint State (uncirculated) coins are not "always" worth more than their melt value.
1964-dated US silver coins in particular, due to heavy hoarding at the time of their release.
Common-date pre-1933 US gold coins and world (gold/silver)
coins are also easily acquired for melt value in MS condition.