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State Quarters

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mah5259's Avatar
United States
27 Posts
 Posted 02/26/2013  9:09 pm Show Profile   Bookmark this topic Add mah5259 to your friends list Get a Link to this Message Number of Subscribers
In my recently inherited collection, I came across a large amount of State Quarters (very new to the Coin World).


I've separated the State Quarters into two main piles.

1. Uncirculated rolls and individual coins.

2. Circulated State Quarters.

Questions:

1. The State Quarters that have been circulated are in great condition. Is it worth trying to sell these coins? I came across two large bins of them. I was going to go through the coins and look for any errors and then cash them into the bank.

2. Is there any other information I should know before attempting to cash them into the bank?



Thank you for all the help!
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cc99999's Avatar
United States
1302 Posts
 Posted 02/26/2013  9:15 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
we are not at the point when circulated State Quarters have an aftermarket price above face value. this was a popular series in its day and hoarded by the hundreds of thousands- even millions of coins.

my advice is that it's ok to part with the circulated coins- maybe use the proceeds to buy a couple reference books and figure out what types of coins you wish to pursue.
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52Raymo's Avatar
United States
8515 Posts
 Posted 02/26/2013  10:54 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I would fill up an album and set the others free.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 02/26/2013  11:24 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Yes fill up an album or two...definitely would get some books on coins that interest you. Keep the uncirculated rolls to sell later or even now for people looking for them.
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jbuck's Avatar
United States
187702 Posts
 Posted 02/27/2013  10:29 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Very good advice posted above, not much I can add to it.
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justin3651's Avatar
United States
621 Posts
 Posted 02/27/2013  10:37 pm  Show Profile   Bookmark this reply Add justin3651 to your friends list Get a Link to this Reply
Be sure to check your wisconsins for mutant ears of corn.
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Roscue2's Avatar
United States
158 Posts
 Posted 03/01/2013  7:06 pm  Show Profile   Bookmark this reply Add Roscue2 to your friends list Get a Link to this Reply
I agree with what was stated above. Build a folder or two with them, and set the circulated ones free. They will not have a value above face for a long, long time.
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AllezRoubaix's Avatar
United States
143 Posts
 Posted 03/01/2013  11:40 pm  Show Profile   Bookmark this reply Add AllezRoubaix to your friends list Get a Link to this Reply
If they're there keep the 2009 issues though (us territories) they had a relatively low mintage and are worth more than the rest of the series.
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FinanceGuru's Avatar
United States
337 Posts
 Posted 03/02/2013  7:29 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
I built my first folder of 50 State coins today. It's a very satisfying experience to have a full set. I agree with everyone else about creating a couple of folders and then get rid of the rest.
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icollectyoubuy's Avatar
United States
213 Posts
 Posted 03/02/2013  8:17 pm  Show Profile   Bookmark this reply Add icollectyoubuy to your friends list Get a Link to this Reply
I wouldn't pay more than a nickel for a State Quarter, there's just to many of them.
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basebal21's Avatar
13014 Posts
 Posted 03/02/2013  8:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:

I wouldn't pay more than a nickel for a State Quarter, there's just to many of them.


So youd be fine then if a story gave you three nickels instead of 3 State Quarters saying their mintage is to high?
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