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 Replies: 9 / Views: 1,673 |
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Valued Member
Canada
57 Posts |
Are '91 quarters good to start hoarding? Is this a coin that could be worth a lot in ten years from now?
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Valued Member
86 Posts |
I would definitely hold on to them. There was only 459000 minted. The reason for the short print was so the mint could "save up" the nickel to be used for the provincial quarters of 1992.
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Valued Member
 Canada
57 Posts |
And what should I be paying for these?
I have somebody who wants to sell a whole bunch of them at $10 each, is this a fair price or too much to pay? And also are there any other coins like this with low mintages worth holding on to?
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Moderator
 United States
56855 Posts |
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Pillar of the Community
Canada
3690 Posts |
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Moderator
Canada
10456 Posts |
Their price has peaked, because a ton were set aside in mint state condition. In fact, it is harder to find a circulated example, than one MS-63. I would say 10 years from now, this coin will remain at the same Trends price (while inflation however, will have increased against it)...
That said, most mint rolls out there probably have been searched. So buying one MS-65 (business strike) would possibly be a better investment.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
291 Posts |
It was known at the time of release that the mintage would be low, consequently they were hoarded.
MS65 and higher are tough to find and the prices reflect that.
You should be able to pick up a nice MS64 example for around $20-30.
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Pillar of the Community
 Canada
9864 Posts |
Quote:
The reason for the short print was so the mint could "save up" the nickel to be used for the provincial quarters of 1992. Not true. See the discussion of acouple of weeks ago linked to by CC-Ottawa "Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
09/01/2012 10:30 am
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Moderator
Canada
10456 Posts |
I suspect almost none of the 1991 25-cent mintage, while very low, will be affected by the alloy-recovery program. So, they will always be available, in mint state condition, quite cheap (relatively speaking)...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1581 Posts |
I don't know if it a mistake, but a recent CCN ad for PURCHASING rolls did not offer any premium for uncirculated 1991 25c rolls.
Sometimes there are odd disconnects between the dealer offer prices and the retail prices. Charlton's Canadian Coin Guide frequently has these disconnects.
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Replies: 9 / Views: 1,673 |
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Posted 08/31/2012 10:43 pm
