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 Replies: 20 / Views: 3,973 |
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Valued Member
United States
377 Posts |
Quote: 2012 El Yunque National Forest Quarter 40-Coin Roll, San Francisco (PL1) Price: $18.95 This product will be available for sale on June 21, 2012 at 12:00 Noon (ET). New for 2012 - America the Beautiful Quarters® Program "S" mint mark circulating quality quarters! These "S" mint mark quarters will not be released into circulation. The El Yunque National Forest quarter is the first to be released in 2012, the first bearing the "S" mint mark and the 11th overall in the America the Beautiful Quarters Program. This roll consists of 40 quarters, each with the "S" mint mark for San Francisco. Is anyone going to get a rool of these? What is the general feeling about these? Good Idea /Bad Idea ?
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Pillar of the Community
United States
1817 Posts |
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Bedrock of the Community
13014 Posts |
Personally I dont like the idea. Either its just a 1 product or year thing or they will continue the series and not have the first part of it. Either way the series will never be completed without a rerelease of the old quarters. Would have rather seen a new unique quarter design if they felt it must be done
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Pillar of the Community
United States
1431 Posts |
Quote:
There hasn't been a circulation quarter with an S-mint mark since 1970. Actually, since 1954 |
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Pillar of the Community
United States
2589 Posts |
I'll be getting a roll, I would imagine they will release some type of West point mint business strike coinage eventually as well
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Pillar of the Community
United States
4132 Posts |
I'm gonna get a roll to break up. I only need one. I'll spend the ones that have the most marks and save a few nice ones to trade with forum members who don't want a whole roll.
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Pillar of the Community
United States
1116 Posts |
The "s" coins are going to foul up my system of handling the ATB coins. This really goes beyond fouling up the Dansco album but my personal handling system. So now thanks to what CaptainFwiffo has pointed out I'll need to get three rolls. Two for stashing (like the rest of the series) and one just to break up so that I have an "S" circulating coin. I don't know what I'll do with the rest of the 39 coins in the broken roll, but I'll definitely not be putting those back into circulation. Since I'm really not into graded coins I'll have to do something. I don't think that there will be a market for them for a few years (if ever). So who knows................ |
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Bedrock of the Community
United States
36678 Posts |
Quote:"The "s" coins are going to foul up my system of handling the ATB coins. This really goes beyond fouling up the Dansco album but my personal handling system. So now thanks to what CaptainFwiffo has pointed out I'll need to get three rolls. Two for stashing (like the rest of the series) and one just to break up so that I have an "S" circulating coin. I don't know what I'll do with the rest of the 39 coins in the broken roll, but I'll definitely not be putting those back into circulation. Since I'm really not into graded coins I'll have to do something. I don't think that there will be a market for them for a few years (if ever). So who knows................" Probably cheaper to let others buy a roll then buy one of their extras. This appears to be another money grab by the U.S. Mint. |
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Pillar of the Community
United States
1116 Posts |
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IndianGoldEagle: Probably cheaper to let others buy a roll then buy one of their extras. This appears to be another money grab by the U.S. Mint. You're probably right about that but in a lot cases logical thinking seems to take a back seat to want or desire. |
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Bedrock of the Community
United States
36678 Posts |
Originally they were only going to mint 1.4 million of each type. Now they have decided to mint these to order much the same way they are doing with the SF ASE set. Depending on how sales go, these could either be a scarce issue or you'll end up spending them to get your money back. |
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Valued Member
United States
470 Posts |
I'm going to get a couple bags and spend them ...so keep eye on your pocket change Wooooo hoooooo.
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Pillar of the Community
United States
1302 Posts |
if everybody buys rolls of them and saves them, and the mint makes 7-10 million of them... how will they ever be worth anything over face value? low mintage/ low value paradox, folks.
buy a couple to collect, but hoarding them is really not an investment strategy.
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Pillar of the Community
United States
2295 Posts |
Most BU State Quarters in the many millions are selling above face value, so why not one with a mintage of just 10-20 million? The problem is that the Mint is selling them at almost double face value, so it might be tough to make any profit on them, from that value, but they will always be worth more than face value. I could never see a dealer selling them at face value, so they will, maybe be worth 50 cents per coin, if BU. I see the state and ATB Quarters selling for 60 cents each now, from dealers. I really hate the idea on how they are doing it. If they aren't for circulation, then it is going to be another NIFC coin they are making and that makes no sense. They are just looking at ways to make more money from the collector. |
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Pillar of the Community
United States
1590 Posts |
We have come a long way since the 60s when the Mint blamed Collectors for coin shortages; and did all sorts of things to "punish" us. Such as eliminating mint marks.
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Pillar of the Community
United States
6326 Posts |
Quote:
Is anyone going to get a rool of these?
What is the general feeling about these?
Good Idea /Bad Idea ? I'm just undecided really. It's such an extortion job with the price ! ....  .... DOUBLE FACE AND PLUS SHIPPING COST ! One has to pay DEARLY for these ! ........ SHEEEESH ! ....  I kind of doubt that they'll ever see much more than "cost" at best. So if anybody wants them for "profit-playing".... other than the initial "bubble" on ebay.... it's probably gonna be a losing situation, medium/long term. And this will be the first of MANY ATB's with S mints, FOR YEARS TO COME, you know. So the whole thing will be "watered down" soon with the "S" mint craze/excitement. I dunno......maybe this first year of S mints would be neat to have.....but I wouldn't get em' looking to make much money. ebay fanatics will prolly do okay initially though as I said, OF COURSE, as per usual right ? ......  Doubt I'll make up my mind until a few days after they've gone on sale. Edited by eaglefoot
06/15/2012 12:01 pm
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Pillar of the Community
United States
1302 Posts |
it's really a detriment to the hobby because the mint is the hobby's largest coin dealer and it sells garbage- which means the collector has less money to spend on valuable or important pieces from the past.
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Replies: 20 / Views: 3,973 |
Posted 06/10/2012 01:05 am
