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 Replies: 7 / Views: 10,484 |
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Valued Member
United States
75 Posts |
Just found six quarters that I want to determine the value of. I am using the Red Book (A Guide Book of United States coins) 2014 67th Ed and according to the book, the 1982 and 1983 P and D mint mark quarters are worth a decent amount in MS-63 condition: 1982P - $7, 1982D - $5, 1983P - $24, 1983D - $10. Now, the quarters I just found are NOT EVEN CLOSE to that condition but I want to find out if they are worth anything above face value, and also I am curious as to why these two years are higher value than others. According to the book the number of coins minted was about the same as other years... TL = 1982P BL = 1982D TM = 1983P BM = 1983P TR = 1983D BR = 1983D   |
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Moderator
 United States
187702 Posts |
Quote:
I am curious as to why these two years are higher value than others There were no mint sets issued in 1982 and 1983. The majority of high grade business strike coins come from mint sets. With no mint sets those years, all of the high grade coins must be found in circulation. Once a coin starts to circulate, its condition quickly decreases. So, the number of high grade coins represent a smaller percentage of the total mintage. The number depends on how many were pulled from circulation before any wear could happen, whereas other years would have that number and the total number of mint sets issued that year. |
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Pillar of the Community
United States
2764 Posts |
jbuck basically answer your question. However, if you want to learn more about the coins of this era, search for "cladking" and he can give you a lot more insight.
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Valued Member
 United States
75 Posts |
Okay thanks, that answers part of my question (why are these two years highly sought after) however I am still wondering if these particular coins are worth anything or if I should be putting them into the "return to bank" pile.
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Moderator
United States
56855 Posts |
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Pillar of the Community
United States
1208 Posts |
These coins, IMO, are too circulated to be worth more than face.
Remember, they made PLENTY of these, and most have been circulated like yours.
The ones that are valuable are the ones that have NOT been circulated...
Maybe, sometime after you and I are gone, they might have a premium in the high circulated grades as the bulk of the original HUGE mintage total are worn slick.
These are not keepers, at least not for the next century.
Edited by ratio411
06/19/2013 5:23 pm
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Pillar of the Community
1751 Posts |
All worth face. They're common in circulated condition, rare in uncirculated. I've only found one very nice '82-P in all my time roll hunting.
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Valued Member
United States
75 Posts |
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Replies: 7 / Views: 10,484 |
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Posted 06/19/2013 3:05 pm
