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Replies: 83 / Views: 13,932 |
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Valued Member
United States
343 Posts |
Short answer: yes.
I see them all the time. Funny I've yet to find a 68 since starting a circulation set a year or so ago.
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New Member
United States
4 Posts |
They are a thorn in the side because it is close enough to give you pause!
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Valued Member
United States
186 Posts |
IMO the 1965 (and really up through 1972) quarters are the ultimate symbol of not just "what could've been", but rather, "What could you've spended with them." Well, with each passing year, I'm reminded of how much less you can get with this. Back when these were first issued, you could get a gallon of gas, a cheeseburger at a diner, a loaf of bread, the Sunday paper (SUNDAY, not the daily paper), a jumbo-sized cantaloupe, nearly two pounds of peppers or tomatoes, three onions, a high school football game, as well as a comic book and have a dime or even a bit more left over. Of course, a couple decades later the buying power was reduced to daily papers, arcade games, phone call at a booth, and a pack of gum. Nowadays, all you can get is a gumball, a pencil and/or a pen, and maybe a few things at a yard sale if you're lucky. Even with that 1964 Nickel, you could have ridden a kiddie ride at an amusement park when it was AU/BU. People honestly look at them like a cent once did back when silent movies and Model T's were all the range, when an 1860's Indian cent wouldn't take much notice (unless if AU/BU like these early clads and when an 1877 would be treated like a 1950-D nickel would be today in terms of occasionally being found circulating). Well even though most are averaging around a Fine, other dates like the 1966's are going the way of Barbers, with most AG-low VG in a decade or two, with a gradual rise of prices in higher grades likely forthcoming, but of course demand will always lag behind the silver era coinage.
Edited by yelimsexa 02/06/2018 09:57 am
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Pillar of the Community
United States
2271 Posts |
The average grade of the '66 quarters is significantly lower than the '65. I used to think this was mostly caused by the fact that there were lots of '65 quarters in storage in 1972 when the mint and Fed began rotating their coin stocks and then they weren't all released until 1975. But the '66 quarter was completely in circulation by 1968.
This difference persists to this day so I suppose it must be people preferentially holding onto the oldest quarter. These are then rereleased in better condition. Also the '65 mintage was 2 1/2 times the '66 but it is seen nearly three times as often. This might be caused by the FED removing very low grade coins from circulation which appears to have begun just a couple years back.
With the FED removing a lot of the worst '66 issue and collectors saving a few of the very best it makes those few left in circulation look pretty bad.
I'd say these older quarters will be in circulation a long time except that the states coins are already taking over and collectors are starting to nab the nice eagle reverses.
It will be interesting to watch.
Time don't fly, it bounds and leaps.
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Valued Member
424 Posts |
I live for bicentennial coins. But I will start holding on to 1965 for being the first clad coin. That has to mean something sometime in the future.
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Pillar of the Community
United States
2271 Posts |
Quote: I live for bicentennial coins. But I will start holding on to 1965 for being the first clad coin. That has to mean something sometime in the future. It's interesting that the '65 is seen in about the proper proportions to the '67 but not the '66 and the '67 tends to be in a little better shape than the '66. There was certainly a remarkable bunch of quarters circulating in the '60's and '70's. It wasn't too unusual to get a stunning well made and AU '69-D quarter right up to 1980! The first quarter that disappeared in AU was the '69-(P) in about 1981 and by 1990 they had disappeared even in XF. Now days all the eagle reverse coins are not often seen in nice AU except a few of the '94 to '98 issues. Because of striking characteristics like the low rims on the 1984 they aren't wearing out evenly. Some hold out in high grades like the '74 and others like the '84 or '85 usually are worn and ratty.
Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
11951 Posts |
I have wondered if a 65 through 67 SMS quarter was sent into a TPG, would they ever grade it as a business strike?
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Pillar of the Community
United States
2910 Posts |
Quote:
It's interesting that the '65 is seen in about the proper proportions to the '67 but not the '66 and the '67 tends to be in a little better shape than the '66.
There was certainly a remarkable bunch of quarters circulating in the '60's and '70's. It wasn't too unusual to get a stunning well made and AU '69-D quarter right up to 1980! The first quarter that disappeared in AU was the '69-(P) in about 1981 and by 1990 they had disappeared even in XF.
Now days all the eagle reverse coins are not often seen in nice AU except a few of the '94 to '98 issues. All of this makes me wonder when we're going to get price guides which accurately reflect the value of these coins? Quote: FS gets progressively more difficult through the '60's until 1971 when they are very easy.
Most collectors would be surprised to know how difficult BU's are after 1964 since people quit saving new coins. A few dates are as common as the '50's nickels but some are quite tough.  I'm at around 915,000 nickels searched via CRH now in just under two years, and indeed finding full step coins is very difficult for those of 1964 through 1970. I've run into a decent number of BUs, and many have no steps at all! I've even found two BU 1966 SMS nickels in circulation, and neither has full steps! I have some circulated rolls of some of those years (1965-1970) up on ebay (yes, they do actually sell), and one guy asked me if I had any FS 1967 nickels. Of course, I don't have any that I know of. The 1982-P and 1983-P nickels also very often have mushy strikes, especially on the reverse. I'm very happy when I find coins with three or more steps on those two dates. The Denver coins of both years are much more well struck.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77 02/07/2018 02:52 am
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Pillar of the Community
United States
2271 Posts |
Quote: All of this makes me wonder when we're going to get price guides which accurately reflect the value of these coins? Publishers of price guides move glacially. Until the early '90's all the clads were listed as being worth face value except in Unc where they all had the same premium of about double face value. They've made few changes since. They're all the same and all grossly undervalue the coins. On ebay it's not at all unusual to find various clads in circulated and uncirculated grades selling for far higher prices than the price guides. They don't want to insult their "real" customers, most of whom don't like clads. Most collectors are still trying to wrap their heads around the idea that moderns are scarce in high grades and they might explode if they see a nice attractive 1969 quarter in AU listed at a couple of dollars.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
2271 Posts |
High grade FS '65 to '67 nickels are quite valuable so the services always err on the side of caution and grade them SMS. There's no positive way to tell them apart even though one can separate them easily and with a very high accuracy. This accuracy breaks down at very high grades. Essentially most of the SMS and regular issues were made the exact same way but the SMS were made to exacting standards and the regular issues were mostly banged up after being poorly struck by worn dies. There weren't many high grade coins made in these years despite the high mintages other than the SMS. Then add in the fact that few regular issues were saved at all and you can see the quandary in which the TPG's find themselves. It would help if they merely started denoting FS and pay less attention to trying to differentiate the regular issue from the SMS. Of course some collectors will still desire to have both so nothing can solve the problem.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
2910 Posts |
Quote:
Publishers of price guides move glacially. Baby steps with the 2009-P and 2009-D nickels and dimes in AU+   
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77 02/07/2018 7:03 pm
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Bedrock of the Community
United Kingdom
17927 Posts |
If you hate 1965 quarters, don't even think about 1997 50p coins in the UK! They were the first year of the new size, and are the oldest date in circulation, and after 20 years they still make up around a third of all the 50p 's in circulation!
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Pillar of the Community
5464 Posts |
It's simple. From where I sit, it only takes five words... From silver to junk clad!  !
Edited by USSID18 02/11/2018 4:02 pm
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Bedrock of the Community
Canada
24885 Posts |
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Pillar of the Community
United States
2203 Posts |
Funny, I was just thinking about this recently. I actually have grown to like the 1965-1969 quarters. Why? Because they show integrity and longevity. They were part of a new paradigm that had to be instituted. The new composition certainly gave the coins strength, as you can see when you find them in change with very little wear 50 years later.
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Replies: 83 / Views: 13,932 |