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Replies: 69 / Views: 15,591 |
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Pillar of the Community
United States
1208 Posts |
Too many were produced, and too many were hoarded. They are not increasing in value. Same thing happened with the Bicentennials.
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Pillar of the Community
Canada
838 Posts |
Here in Canada, we had circulating 'province/territory quarters' in 1992. They were minted in large numbers but are very seldom seen in circulation today. I wouldn't be surprised if they command a slight premium, especially in higher grades. There is a side of me that feels the State Quarters may continue to be pulled in the same way. In 2030 there won't be too many left circulating. Price won't go up much though - base metal price will eventually be the floor value. I see people's point about the bicentennials, but there are problems with the analogy: (1) a quarter has much less buying power today than in 1976; and (2) it is more compelling to complete a set of 50 (or 100) than simply to keep one or two different looking coins. The public does evidently seem to notice different designs and pull them. What are you more likely to find in change: a 1936 Lincoln Cent or a 1936 Buffalo nickel? - the Lincoln for sure.
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Valued Member
United States
226 Posts |
Virtually no metals value, Enormous quantities minted and a very popular collectable for even non-collectors. I don't ever see them increasing in value.
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Pillar of the Community
United States
1026 Posts |
I think the proof sets will go up in value some each year epically once the program is done.
The un-circulated coin sets containing these will also go up some.
The circulated sets and bank rolls not going up much at all is my 2 cents even though I hope hey do as I have way to many bank rolls :)
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Valued Member
United States
77 Posts |
Not in this lifetime. Although it would be nice to have a roll from each mint and from each state to pass on to the kiddies
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Pillar of the Community
United States
1231 Posts |
I'm gonna have to say some will increase in value as some already have. Take the Tenn quarter, If you bought the 2 roll set from the mint, currently on ebay there is a set going for $152 and it has about an hour to go. I believe there will be a spike in prices next year. Of course there will be an adjustment down but that might take a few months or even a few years.
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Valued Member
United States
177 Posts |
I don't think even the proof sets are a good long term inveastment. After the series ends I believe interest will wane, and many almost-became-collectors will start unloading.
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Bedrock of the Community
United States
19961 Posts |
Unc rolls will some IMO. At the last coin show I attended people were seeking roll after roll. At one table I sat for about an hour looking at Lincolns and there must have been 50 people come and ask that dealer for quarter rolls.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
2443 Posts |
The day that State Quarters will go up will be the day the day that Shield nickels are going to become popular...er...not gonna happen any time soon.
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Pillar of the Community
United States
581 Posts |
The key here, obviously, is demand. We know what the supply is/was.
My belief is that after the dust settles next year, everyone who wants one will have one. So who's going to be buying? Who's left?
Short term, I could see prices going up a fair amount as people scramble to get those last coins/rolls. But by 2010, I would think it'll be a wasteland.
BTW, I have no quarter holdings except my set pulled from circulation.
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Pillar of the Community
United States
6326 Posts |
Quote:Take the Tenn quarter, If you bought the 2 roll set from the mint, currently on ebay there is a set going for $152 and it has about an hour to go. Interesting !!.......gotta wonder how that will be 15 to 20 years from now.....down to nothing but face or ......still interesting....(with just "key states" I mean)
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Pillar of the Community
United States
2271 Posts |
With so much pessimism maybe there is hope for them afterall.
It's interesting that people say they can't go up because so many were saved but almost none of some of the other moderns were saved and they haven't gone up either.
Prices of collectibles is driven primarily by demand, if demand increases then the price does too. If everybody thinks the price must go down then they probably don't have any and there's plenty of room for demand to increase.
Time don't fly, it bounds and leaps.
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Valued Member
United States
128 Posts |
I believe these quarters will rise as much as the standard issue Washington quarters. With the exceptions of errors and varieties.
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Pillar of the Community
United States
2734 Posts |
I think that State Quarters are slightly more collectible than the Bicentennial Quarter, for a few reasons. The Bicentennial Quarter design has proven to be extremely durable in circulation. It doesn't have the 'fine line details' that wear off fast in hard circulation like many of the State Quarters do. I was seeing plenty of trashed 'Connecticuts' even in 2000, for example. Designs with large amounts of flat areas (especially Wyoming!) tend to look bad quickly in hard circulation. The harder it is to get nice-looking State Quarters from circulation, the more interest would inevitably turn to acquiring BU rolls of them. Simply compare the 'worst' 1776-1976 Quarter you've found in circulation recently, to any worn State Quarters in your change! (I must note that I've been seeing some early State Quarters in AU condition returning to circulation this year, because the 'economy' is emptying Quarter jars across America!) And, as bibd said: Quote: "It is more compelling to complete a set of 50 (or 100) than simply to keep one or two different looking coins." There are attractive folders and 50-state maps for State Quarters, some of which are even educational for children. That doesn't hurt! As for the BU roll market, the logic of a price premium for 'low mintage' state designs doesn't apply, and probably won't for at least 20 years (my guess!). Any rolls at a price premium right now are most likely because of current demand for that design (Tennessee ties in to Nashville & Elvis!).
Edited by DNA 09/29/2008 11:52 pm
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Pillar of the Community
United States
3294 Posts |
I think that the State Quarters will eventually go up. If there are still coin collectors in 300-500 years that is.
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Replies: 69 / Views: 15,591 |