What To Do With State Quarter Collection

It really depends exactly how these are rolled. If these were uncirculated rolls (e.g. wrapped in N.F. String and Sons rolls) typically each roll would contain all of the same mint mark you might be able to sell them individually on ebay for a little premium. If there are rolls with mixed mint marks, they probably would be circulated and worth little more than face value.

Check sold listings on ebay to get familiar with potential prices.

Another option would be to crack the rolls and look for very pristine coins or any special error or varieties. That might be fun to do with the kids, but it's a lot of work and more of a gamble on if it would be worth it or not. I'd think selling single rolls on the internet would reap the most gain, but still that's a bit tedious selling single rolls over the internet.

As for whether to save or sell, that's really your call. Since these are very recent coins in terms of how far back coins can go, about 80% of the price would be face value on the coins and maybe 20% premium if you're lucky. Again, check ebay completed listing to get an idea of the value that you have.

Some State Quarters might have less minted that other years and potentially could have a very nice premium..e.g. stuff from 2009.

If you're talking about P&D rolls, X 50 states X 2 kids, that's about $2000 in face value. I'd say save them and sell them around college time when that time comes. Having the money for education is more valuable as opposed to the kids getting into coins now and getting their grubby fingers on them and damaging them.

I would personally save these and instead get the kids started with collecting Lincoln cents from circulation which is more cost effective and you'd be able to better see how the kids would treat more expensive coins. Then when college time comes around and by chance they are avid collectors, then they would probably love the rolls and add them to the collection or sell for college based upon which fits best.

I like that idea, best of both worlds. Save these for college, but still get them into collecting with less expensive coins and see how it goes.

That's my opinion and mine alone. Others here might have other ideas too.

He got them all from the bank. He keeps telling me that they are UNC but I asked him how he was sure. They could have been re-rolled. I think I have $500x2 worth of State Quarters! That's why I'm thinking of taking that money for something else.

The other grandparents did buy them proof sets but not a complete set. May just finish that off?

I like just carl's idea too. Possibly get them into collecting, but still cash the majority of them in. These quarters are similar to the bicentennial quarters from 1976 which many people (even non-collectors) started saving, but really have no more value than a normal quarter.

I think we have decided to break them open and look for anything interesting. Get a couple of albums and fill them up!

Here is what they look like:

So we opened up a roll and started looking for any errors. The kids are having a ball trying to find something!! Came across one quarter with a gold hue to it. It's only on 1 side? This roll appears to be UNC as all are clean and shinny. Here is a picture beside another coin from the same roll.

Planepilot that is toning, it's pretty cool when you find'em like that. I've found a couple...I found this one a while back...it's an aqua bluish color.

A way to tell if they are uncirculated is to rub a finger on the reeding. If uncirculated, it will typically feel sharp. That wears off pretty fast in circulation. These are only worth a bit over face value. If you put a 100 coin P & D set together, you can get $30 to 40 on ebay. Probably not worth the effort.