OH My I Did It

man thats a lot of quarters, hope you had one of those electric counters and didn't count them by hand

With that many coins, your safe is bigger than my room...

Thanks for the reminder. I need to get 2 grand worth to the bank.
My back hurts. One time I dragged a 2 wheeler dolly into the bank.
Got some interesting looks :)That will work again.

Wow you really must visit Denali. Went there once with my parents in the spring - absolutely amazing.

That being said, there is no way I actively collect these new quarters...

People are paying double face for the rolls. I think I would have sold them that way. Might take a bit longer, but to double my money? Definitely worth it.

By the way, the same thing applies to the Presidential dollars!

Brucec....

I came to that same decision this last summer.......I got rid of my State Qtr. "Hoard".....I had my P & D album and my D album, and I have my complete Proof Set (not silver....only a few of those). But, like you, they were taking up too much room !
I've still saved some rolls ....not quite 1 each of each state, but something like that.
I only got the First Day Coin Covers of the key states (or at least at "that" time they were key states) and I will keep those. Got a few individual uncirc. biz strike St. Qtr. things too....
I also got rid of my Presidential dollar rolls (except 1 each of the first year)
I do want to continue to get the Pres. Proof Set each year to, one day, put them all into a nice album.....but I no longer collect each "roll" of these.....just a few singles to throw in a couple of albums each time they come out....just for fun.
And, like you and so many others...... I HAVE ZERO INTENTION ON COLLECTING THE "PARKS QTRS." WITH THE SAME VIGOR !
I'll get em' one way or another with the yearly 2010 Silver Proof Sets, and Proof Sets that I'll continue to order, but I will not seek out these new qtrs. at all to collect in a similar fashion.
It's possible that I'll do the circulated "thumb print, push-in folders" for my nephew and my soon to be step-daughter....but dunno yet.

And ....... I "HAVE" been to Denali ! ........but only Yellowstone, State parks out "West".......and just a little "east of Kansas" for the few other places I've been. I'm jealous of your "well travelled" itinerary !

But......yeah....in the long run....I agree with your decision to "dump" the St. qtrs........and did the same thing.

There certainly is a great deal of wisdom in dumping much of one's hoard of both Pres dollars and State Quarters. In many cases their appreciation will be very slow, and if you're in the coin collecting *industry* in order to make quick money, hoarding them is not smart. Clearly the bullion markets are where quicker values are to be made, if you're prepared to face the very real volatility of those markets. For me, it's a little too much like playing poker, and Kenny Rogers often reminds me that no, I don't know "when to hold 'em, when to fold 'em".

One caveat to the wisdom of dumping State Quarters is the fact that, every time I open up a coin magazine, I see dealers' offers to buy rolls of many states at pretty decent premiums (I know Tennessee is big, for instance). I've sold String rolls myself to dealers and collectors for what is to me a very acceptable but small profit. If I had more than a couple of the "key" states in rolls right now, I'd look into selling them that way, rather than settling for face at the bank or just spending them. I'd also be very tempted to wait out the current economic downturn until we're back on another crest before unloading large quantities, but that's because I'm a little superstitious and, for now, can afford to wait.

As for the Presidents, I think it's "too early to call". If this country ever does get around to actually using dollar coins instead of bills, your hoard of unc Presidents will instantly gain in value. I like to think we'll get there some day, when enough people understand how much more it costs US to have paper dollar bills, but then again, I'm probably just being a shill for those who think we should make the Mint run on our behalf more efficiently. So, I'll go ahead and preemptively apologize for that now, and get it out of the way! ;)

A lot of my 'stash' of 'common' State Quarter rolls have been
replaced with Territorial Quarter rolls.

1: It's much more difficult to obtain 2009 BU coin rolls (of
any type!) from banks at face value, than it was for 1999-2008 coins.

2: Less interest in saving by the general public, now that the
50 States are done. (also, the situation stated in #1 makes many
people have to pay premiums to get any 2009 Quarters))

3: Circulation of the 2009 Quarters has been very limited,
and a large number of the public are not even aware that the 2009
Territorial Quarters exist.

4: The much lower mintages of the Territorial Quarters.

Massive attrition of State Quarter BU rolls would ironically benefit
their collectibility in the long term....