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The Quarter Conundrum

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TheForce's Avatar
United States
4867 Posts
 Posted 10/19/2014  7:17 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
I had touched on this a little in another thread but I felt it needed its own thread.

I have often wondered how many people are brought into the hobby by the multiple designs each year and how many current collectors become turned off by them and end up leaving the hobby. It is mind boggling really the amount of quarters for example being put out each year.... 5 different designs by 3 different mints, then the proofs, and the silver proofs. That's like 25 different quarters each year!! HOLY COW!! It is maddening!! What are your thoughts?
Pillar of the Community
United Kingdom
837 Posts
 Posted 10/19/2014  8:19 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
I thinks its fascinating that there is all those different quarter designs , in the UK ,for example, the coin that is the closest equivalent to the quarter has had only 2 designs in 32 years ....imagine how boring it is getting them or going through them .

Multiple designs for quarters make albums very appealing and worthwhile projects , plus given that not all designs are minted in equal numbers , hunting those quarters becomes interesting, fun and captivating ....
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Conder101's Avatar
United States
17884 Posts
 Posted 10/19/2014  9:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
When the State Quarters first came out they did bring in a lot of curious people. After all our designs had been in use for so long with no real changes that the average person had NEVER seen anything else in circulation. And in a lot of cases neither had their parents or even grandparents. This caused a lot of excitement and people started trying to collect all of them. But the fifth year of the program and 25 different designs of quarter in circulation most people had lost interest. It was no longer a novelty, it was the standard quo. Many of them stuck it out for the rest of the series, "I've got it started I might as well finish it." Then when the States ended and these unfamiliar territories appeared it drove even more out.

Once it was finally over a lot of people decided to "cash in" on their sets only to discover that after ten years of putting the set together it wasn't worth anything! That turned off a lot more people. Then all of a sudden here am the ATB Quarters! What! Another set with five differnt quarters every year! Forget it!!

The State Quarters brought a lot of people in, but I think it also drove a lot of them right back out again. In the early years everyone (normally noncollector types) was excited when a new issue came out. Now "Who cares".
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 10/19/2014  9:29 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I started out with the State Quarters and collected them through 2008. I ignored DC and the Territories as well as the current ATB.

Most people where I live burned out on the State Quarters around 2004 and started cashing the ones they had saved around that time.

I would have never become a collector without the State Quarter program.

-MV
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GR58's Avatar
United States
11951 Posts
 Posted 10/19/2014  10:17 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
IMO ... all the different designs make them more interesting to collect.

The challenge is to find them all in the highest grade
possible. Buying them as they come out means you might get
better quality coins for less .. over waiting years .. and they are harder to find.

I collect multiple sets of all State/Terr./ATB quarters.

Last time I counted. I had well over 5000 1999 to date quarters.

This week I am buying another 600+, which will put me over
6000 quarters. When others give up on collecting them it is possible to pick up mint bags and rolls at or near face.

This week I am getting 5 - 100 coin bags of 2012 S mint coins and 6 mint wrapped rolls.

So I am committed to the series ...
Valued Member
BuffaloBonehead's Avatar
United States
333 Posts
 Posted 10/22/2014  12:28 am  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
Of course, if you count the 5 ounce silver quarters, you can add another 10 yearly to the mix.
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TimbersFan's Avatar
United States
214 Posts
 Posted 10/22/2014  02:38 am  Show Profile   Bookmark this reply Add TimbersFan to your friends list Get a Link to this Reply
There are going to be some mixed opinions on this subject...
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jimbucks's Avatar
United States
4691 Posts
 Posted 10/22/2014  02:52 am  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I doubt the 50 State Quarters brought many serious collectors into the hobby. The overly hyped series by the telemarketers probably did more to harm the hobby than to help it.

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smokeriderdon's Avatar
United States
3755 Posts
 Posted 10/22/2014  03:06 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Over a million new collectors were generated over the course of the program according to the mint. Out of that, it is not unreasonable to presume several hundred thousand pursued it even further. The rotating designs are great, provided there are decent designs. Unlike the upcoming year.

Personally, I like all the quarters. I have the state Danscos, am working on the ATB Danscos and 5 Lighthouse ATB albums. Plus the roll of each mint I am keeping aside. I am pretty sure I will do at least one more of the Sate Danscos at some point.

If you dont like them, thats fine. Thats whats great about coin collecting. If one thing doesn't float your boat, there are plenty of other choices.
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CelticKnot's Avatar
United States
12813 Posts
 Posted 10/22/2014  11:16 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I'm with you, smokerider. I'm a big fan (though artistically I prefer the ATB Quarters over Statehood).

And Meadowview, same here. I would not be a collector today had it not been for the Statehood Quarter series. Of course I collect other coins besides quarters now, but that's what got the ball rolling.
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giorgio11's Avatar
United States
406 Posts
 Posted 10/23/2014  08:02 am  Show Profile   Bookmark this reply Add giorgio11 to your friends list Get a Link to this Reply
Having done so many small and regional coin shows over the past 15+ years, I am convinced that there is a whole new generation of younger collectors who were brought into the numismatic fold by the appearance of the Statehood Quarter series, something they could find in circulation and actually collect for face value. Many of them have moved on to the classic Washington quarters and American Silver Eagles and such. That's a good thing. Like any pastime/hobby/avocation/obsession, numismatics needs new blood.

Best Regards,

George
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muddler's Avatar
United States
7187 Posts
 Posted 10/23/2014  08:16 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
For me to collect each date, mint mark, proof, and silver is over kill. I stuck to one of each design in silver proof.

The-Quarter-Conundrum
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DCM Coins's Avatar
United States
446 Posts
 Posted 10/23/2014  09:30 am  Show Profile   Bookmark this reply Add DCM Coins to your friends list Get a Link to this Reply
My own personal opinion is that the State Quarter series did bring a lot of new people into the hobby, but the Mint didn't know when to quit and thus the ATBs aren't a novelty any more. It's similar to when commemoratives resumed in 1982. The Washington halves were neat. The Olympic coins I thought were cool. But with both the commemoratives and the quarters, it got to where there were too many to collect.
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Conder101's Avatar
United States
17884 Posts
 Posted 10/24/2014  10:45 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Over a million new collectors were generated over the course of the program according to the mint.

Of course the Mint also claimed that 150 million people were collecting State Quarters.
New Member
United States
28 Posts
 Posted 10/24/2014  12:54 pm  Show Profile   Bookmark this reply Add ddannemiller to your friends list Get a Link to this Reply
I'll echo what's been posted here before: I wouldn't be seriously collecting if it weren't for the statehood and ATB Quarters and the Presidential dollars. I'm a bit of a completion-ist, so I have Dansco Statehood Quarter with proofs and Presidential dollar with proofs albums that I'm starting on. I love the accessibility of being able to make a complete set without spending a fortune. Of course, I say that but I'm also hounding ebay for Morgans with the hopes of filling an album, but that will be a much slower affair.
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atticguy's Avatar
United States
1373 Posts
 Posted 10/24/2014  1:11 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply

Quote:
...5 different designs by 3 different mints, then the proofs, and the silver proofs. That's like 25 different quarters each year!!


I've read every response so far and nobody questioned the "25 different" that was mentioned. I only count 20 (P, D, S-proof, and S-silver). Am I missing something; or is 20 correct? I've only been buying the four types the past three years.
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