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 Replies: 8 / Views: 6,470 |
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New Member
Canada
12 Posts |
I just found a 1999 p caribou quarter in my change. I'm pretty sure these were not released in circulation and were only part of mint sets.
I'm not sure what to do with the it. I don't collect mint sets so this is a new coin to my collection; but at the same time my quarter album doesn't have a spot for 1999 caribou. If it is from a mint sent, but it has been circulated, does it become a circulated coin? Also, because it has been circulated (it's EF40-ish) it's distractingly less attractive than my other modern quarters.
Edited by thecanadianian
03/22/2009 4:53 pm
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Pillar of the Community
Canada
636 Posts |
Id keep it.
Stick it in a 2x2, and hang on to it.I'm assuming your using a Whitman or Dansco album? Your right tho, trend values and the Charlton are only providing values of grade MS64 as indeed they were never released during normal circulation. You may want to sell it as well. I'm sure there are lots of collectors like me out there that try to collect an example of every variety of every year.
Who knows whats in store for value down the road, if you hang on to it for 50 yrs..
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New Member
 Canada
12 Posts |
thanks for the suggestion.
I put it in a 2x2 for now, but it actually raises an interesting question for me because I only collect circulation coins. It did circulate, but does it fit with the rest of my collection?
maybe I'll be able to trade it for something I need down the road :)
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Pillar of the Community
Canada
1159 Posts |
I myself found a 1999P 25ct/quarter in circulation.Its not the best of shape with rolling machine marks but never the less.I put it in my collection as circulated.The 1999P set were the first P coins made.
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Pillar of the Community
Canada
1159 Posts |
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Valued Member
Australia
335 Posts |
Could it be also possible the RCM tossed their excess of struck 99 quarters that were over the number of sets required, into circulation, rather than melt them down? |
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Valued Member
Canada
386 Posts |
The story I heard is that these "P" plated coins (1999P quarters, 2001P pennies, etc) were sent to vendor machine manufacturers and were to be returned to the RCM when the manufacturers finished testing and calibrating their machines. However, many were not returned and were sold to collectors or simply tossed into circulation. When the mint found out about this, they decided to issue mint sets with "P" coins to cash in on the demand. |
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Pillar of the Community
Canada
650 Posts |
That's an interesting story but I would be very skeptical. The mint usually produces test tokens of the same composition, weight and size. I have several in my collection. I think you are right that the mint decided to cash in on the interest and there are about 7 pages of them listed in Charlton.I was in the Vending industry and could have requested test tokens, sometimes I'm just not to sharp.I have one, 99 caribou, as well but I bought it as a single. I heard a good argument for having them as they complete a caribou set for those that like that series, I do.
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Pillar of the Community
Canada
1082 Posts |
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Replies: 8 / Views: 6,470 |
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Posted 03/22/2009 6:56 pm
1999P.jpg
