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Replies: 15 / Views: 2,028 |
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Pillar of the Community
United States
1227 Posts |
So, I got to work yesterday, and there were SEVEN rolls of UNC, Philly-mint (keep in mind I live in Phoenix) quarters from various states on our safe, and another roll from Denver--same condition. I didn't have eighty bucks to spend--funny thing, that, when you have my income--and so I rescued two, which was all I could afford: Hawaii and Alaska. Most of these were later states; there was a badly-damaged Virginia on there I didn't bother with. The ends of the rolls were toned gold, and I think these may actually be Fed rolls--the D-mint one was in a plastic-jacket style wrapper, but the others were all thick, official paper (as opposed to the CWR-papers you can get at Walmart or OfficeMax) wrappers from String & Son and . . . well, some didn't even list a bank or money company. The toning on the Virginia roll when I opened it seems to bear out that these have been in the wrapper for a LONG time--there were golden rings around the edges of the coins where they'd touched the paper. These were either pulled out of a bank or Fed vault, or were purchased by an inexperienced collector who didn't keep them away from moisture (I pulled the one Virginia from the end of the roll--the others were starting to spot, but this one has what's called "monster rainbow toning" when a Morgan dollar is in question). So, a heads-up: if my theory is correct, we may be getting a second wave of State Quarters that are just being released from the Fed. If you get any new-looking ones in your change and you want to pick up a roll, check with whoever's in charge of the safe! (in other news, those rolls will be going up down in my trades thread.)
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Pillar of the Community
United States
3540 Posts |
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Moderator
 United States
187950 Posts |
Quote:So, a heads-up: if my theory is correct, we may be getting a second wave of State Quarters that are just being released from the Fed That would be nice. Around here, I think we are finally running out of the older coins that were dumped during the 2008 economic crisis.
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Pillar of the Community
United States
2734 Posts |
Tons of previously-saved State Quarter rolls are being spent, because coin shops won't buy them for more than face value. Seems like almost every time I go to a coin shop, there's someone in there trying to sell State Quarters (rolls, filled albums, etc.). Ironically, this will keep those same people from collecting ATB Quarters (even if they could find them in circulation!), because they'll remember their State Quarters ended up being worth only face value. So more ATB Quarters for us!  The fact that your average Joe can't just walk into a bank and get BU rolls of ATB Quarters at face is actually good news for collectors. The less BU ATB Quarters population, the better for those of us who have them.
Edited by DNA 11/15/2012 8:22 pm
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Pillar of the Community
United States
3755 Posts |
Quote: I think we are finally running out of the older coins that were dumped during the 2008 economic crisis. Limiting that to 2008 only is really optimistic. The CONTINUING financial crisis is going to insure that more of these rolls show up. There will be plenty of them showing up I think.
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Valued Member
United States
372 Posts |
I was watching the bay this week and ( 10 ) rolls of Virgin Island Quarters ,sold for $ 300.00. I just payed $ 19.00 for a ( D ) Mint roll of Gettysburg and bought ( 2 ) ( $ 25.00 bags of kentucky State Quarter ( P & D Mint shippped for $ 70.00, that I need for a Program
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Pillar of the Community
United States
2734 Posts |
Quote: Ten rolls of Virgin Island Quarters sold for $300.00. And, unlike ATB's, banks could still order BU Rolls of the DC/Territory Quarters. (although fewer banks were ordering them and fewer people were saving the 2009's)
Edited by DNA 11/16/2012 11:42 pm
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Pillar of the Community
 United States
1227 Posts |
Whew! I wonder if I should throw these up on the Bay or put 'em down in trades. *ponder, ponder*
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Moderator
 United States
187950 Posts |
Quote: Limiting that to 2008 only is really optimistic. The CONTINUING financial crisis is going to insure that more of these rolls show up. There will be plenty of them showing up I think. I disagree, only because I think the bulk of what was sitting around has already been dumped. Sure, things are still bad, but I think most of the people who have needed to do so have already run though their change jars.  Just my opinion.
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Pillar of the Community
 United States
1227 Posts |
Things are still bad, but they're not as bad as they were. People are finding work again; we're smaller than we were, but that's okay. Every once in awhile you need to be reminded that you're not the be-all and end-all of the world. And really, in the great scheme of things--you have to have one car instead of two? NO BIGGIE. There are children starving all over the world who've never seen a car. My grampa has a great saying for this: "I used to complain I had no shoes, until I met a man who had no feet."
We are learning what needs to be restructured and what we can do without. In the end that will be a good thing, not bad.
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Pillar of the Community
United States
2734 Posts |
During the "Great Coin Jar Dump of 2008-9", I was finding more silver Dimes and LWC's in my change than I had for many years. The Coin Jar Dump was a "once-or-twice-in-a-lifetime" event, but State Quarter rolls will be coming out of the woodwork for a while yet.
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Pillar of the Community
 United States
1227 Posts |
Kind of makes me wish I'd been working retail and collecting in 2008-09.
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Pillar of the Community
United States
927 Posts |
I have never worked retail and sometimes I wonder what coin finds I could have gotten if I had, then I think about the fact that I would want to look at every coin that came into the register and I would drive myself nuts! So I am content with what I have and am happy to get the interesting finds that my wife brings home (which isn't too bad).
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Pillar of the Community
United States
613 Posts |
I don't know, I still think the great coin jar dump is still going on sporadically. Just sayin'
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Moderator
 United States
187950 Posts |
Quote: During the "Great Coin Jar Dump of 2008-9" I was going to use that term, but I did not think anyone would remember it. I should have known you would. 
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Pillar of the Community
 United States
1227 Posts |
Perfessor, you actually get REALLY GOOD at spotting what you're looking for and ignoring what you're not--I've reached right over a coworker's shoulder, into her register, grabbed a Canadian penny, fished a US cent out of my pocket and gone "here, I wanted that" and I wasn't even looking for anything. You see so many that an abnormal shape or colour will pop right out at you with barely a glance. I find a fairish bit of silver that way, too--you get very accustomed to what the luster "should" look like on the average coin, and when you see something out of the ordinary, POUNCE TIME!
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Replies: 15 / Views: 2,028 |
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