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Conder101's Last 20 Posts
| Wondering If US 1999-2009 Commemorative State Coins Are Worth Anything
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Conder101
Bedrock of the Community
United States
17762 Posts |
 Posted 01/18/2023 4:52 pm
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Quote:
"Thus, the US Treasury has made a profit out of me, amounting to $12.50, less manufacturing costs."
Profit to the Treasury was about $9.50
I'm assuming you just have one from each state and since you said 2009 you have the territories as well, and you don't have both mints. That would mean 56 coins with a face value of $14 not $12.50. It costs about 8 cents to make each quarter so fo $14 face cast was about $4.50 and Treasury Profit was $9.50. |
| | Forum: US Modern Coins |
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| Question About Proof Quarters
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Conder101
Bedrock of the Community
United States
17762 Posts |
Posted 01/18/2023 4:34 pm
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So much bad information in this thread,
"In 1976, a special silver-clad bi-centennial set was made with the dime, quarter, and half dollar the only three coins."
Quarter, Half, and Dollar.
"The Bicentennial issues were 80% Silver,"
40% silver. The outer clad layers were 80% but the core layer was 20%, the overall composition was 40%.
"then beginning in 1992 through 1998 were struck in the same 80%"
?
"A 90% composition like the pre-1964's returned in 1999 with the Statehood program."
The 90% silver proofs started in 1992 and continured trough 2018. Since 2019 they have been 99.9% silver. |
| | Forum: US Modern Coins |
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| 1980 Mint Set Anomaly
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Conder101
Bedrock of the Community
United States
17762 Posts |
Posted 01/18/2023 4:21 pm
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| It is just a packaging error. They are kind of interesting but are not considered to be "mint errors" and usually only a couple dollars to the value of the set. |
| | Forum: US Modern Coins |
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| What's Your Rarest Coin By Survival Estimate?
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Conder101
Bedrock of the Community
United States
17762 Posts |
Posted 11/22/2022 10:18 am
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| For US coins 1795 NC-3 large cent, I turned up the 8th known specimen. In my Conder tokens I have a couple of unique pieces, one with two known. I have a coulpe where I don't know the actual survivorship, but the original mintages were 24 and 31 respectively. |
| | Forum: US Classic and Colonial Coins |
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| Ncgx - Do We Really Need A 10-Point Grading Scale?
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Conder101
Bedrock of the Community
United States
17762 Posts |
Posted 11/18/2022 08:09 am
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Quote:
The story I've read was that the numbers were supposed to be price multipliers, such that a G-4 was four times the price of a Poor-1, and a MS-60 was sixty times the price. Of course that's not how prices actually work, especially at the upper range, so it makes little sense as a story.
That is exactly what the Sheldon scale was, a pricing guide, not a grading scale. And the priceing scale was originally developed for 1794 large cent and pretty much the rest of the early date cents. You say that's not how the prices actually work especially at the upper range, but in the 1930's and 40's when the scale was developed that was EXACTLY how they worked. (Sheldon seemed to think he had discovered some "natural law of cent values".) Each Poor 1 or basal state variety had a given set value and the multipliers worked fine. But after Early American Cents was published more collectors entered the market for early date varieties, and naturally that created increased demand for the higher graded pieces and the pricing scale went out the window. |
| | Forum: Third Party Coin Grading (TPG): PCGS, NGC, ANACS, ICG, ETC. |
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