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Replies: 15 / Views: 3,773 |
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Valued Member
United States
216 Posts |
I bought a US Mint bag of 100 2012 D Acadia - America the Beautiful Quarters. The mintage of this particular quarter is low -- only 21,606,000 were minted. Does anyone know the value of these quarters? And are they worth holding?
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Pillar of the Community
United States
900 Posts |
Numismedia puts the value of a 2012 D Acadia quarter in MS64 condition (IMO, MS64 is the average condition of a coin pulled from a mint bag) at $5.50. For reference, an MS66 coin is worth $15 and an MS62 is worth $0.69. Whether you would be able to realize these prices without having the coins graded is doubtful. If you need to sell them, sell them in the sealed bag for best results (this is my opinion). If you can afford to keep them I think the value will only increase.
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Pillar of the Community
United States
2734 Posts |
Edited by DNA 12/31/2014 9:21 pm
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Pillar of the Community
United States
2543 Posts |
Not to be a naysayer, but how are you going to market them ? " ONLY 21 million other people have this coin, get yours while you can " 
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Valued Member
United States
216 Posts |
It's the only one (any Acadia) I haven't found yet!
Edited by CENTertainment 12/31/2014 10:58 pm
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Bedrock of the Community
United States
11951 Posts |
Quote: The 2012-D Acadia is, and most likely will remain, the lowest-mintage business strike design/mintmark variety of the America The Beautiful (aka National Parks) Quarters series. To me ... that is not 100% accurate. The lowest mintage business strike ATB Quarters are the "S" mints that were/are being released in rolls and bags. So far they are averaging 1.X million mintage. I am sure you are meaning of ATB coins that are being released into circulation. Not trying to argue ... I just like to mention the "S" mint when I get the chance  ... I think they are sleeper coins. As for the "D" mint bag .... I agree with poster .. that leaving them in the sealed bag and they might increase in value. In my experience the quality of the coins from these 100 coin bags are more in the low MS grades. There might be be future collectors that will try to put a bag set together. I have never seen numbers on how many bags were sold or even if the mint keeps track of that.
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Moderator
 United States
23522 Posts |
A mintage of 21 million is unlikely to ever have rarity-defined value aside condition rarity, and like most Moderns this one will be scarce above MS66. A mintage of one million, on the other hand, pretty much guarantees rarity value the moment demand catches up.
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Pillar of the Community
1325 Posts |
And people said I was strange to keep Kennedy halves that have less less than 20 million mintage, but you are NOT the first person I know that is keeping/hoarding Acadias. What it will show is a test for the future. How many people make the ATB set can only be that 21 million out of business strikes. Hopefully the number of people is less, so they quick this nonsense, otherwise the next 1000 years of coinage will be state birds, state flowers......1 set was enough to get people used to the new front, and then they will have 20 years to design the new back of the coin. No telling what people on ebay would pay, if they are missing it and just want to get it over with for a family members set, they could pay $5 or more including shipping for a single one. I just toss all the ones I see back into the sea of coins since I have my working set and it is only a P set.
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Pillar of the Community
United States
2734 Posts |
I do collect the "circulation-finish" 2012-up "S" Quarters, GR58. Notice I don't call them "business strikes", as they are NIFC issues, sold only to collectors in bags and rolls. The appearance of BU "S" Quarters tends to average 2-3 grades higher than true P-D business strike coins, which leads me to believe they are produced in a manner close to, or equal that of, the "Uncirculated-grade" coins packaged in the annual Mint Sets. The main 'problem' with the "S" coins (besides that they didn't start in 2010) is that the entire mintage immediately goes to collectors who will preserve them in BU condition (aside from a few culls dumped into circulation), whereas the overwhelming amount of the 21,606,000 Acadia-D business strike Quarters were distributed to circulation (and could not be special ordered by banks, ensuring less hoarding of BU rolls). I have now saved more than a roll's worth of Acadia-D from pocket change received, so a number of them are in the circulation grind. As classic Morgan and gold coin collectors know all too well, low surviving population and high demand trump higher mintages. The 1884-S Morgan is not a particularly 'low-mintage' variety, but price one in MS-60 or up!  Banks can't special-order BU ATB Quarters as they could the State Quarters. Therefore, most collectors will have to source BU rolls from the Mint. And the P-D business strike bags/rolls go for the same price as the guaranteed low-mintage higher-grade NIFC "S" bags/rolls, which acts as a disincentive toward buying the P-D coins. 
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Bedrock of the Community
United States
11951 Posts |
Quote: Notice I don't call them "business strikes", as they are NIFC issues, sold only to collectors in bags and rolls Weather you call them business strike .. or not. That is what they are. If they are sent into a TPG .. they will get a MS grade. Quote: The main 'problem' with the "S" coins (besides that they didn't start in 2010) is that the entire mintage immediately goes to collectors who will preserve them in BU condition (aside from a few culls dumped into circulation), whereas the overwhelming amount of the 21,606,000 Acadia-D business strike Quarters were distributed to circulation There are more rolls and bags P and D ATB Quarters sold each year then the "S" mint rolls and bags. ( I order rolls of all three each year) Quote:Banks can't special-order BU ATB Quarters as they could the State Quarters You are right, they can not special order them, but they do get them. When they come into my bank, they save me rolls so I can take to my LCS for re-sell. You can still see the bank and mint "D" rolls on ebay. Quote: The appearance of BU "S" Quarters tends to average 2-3 grades higher than true P-D business strike coins Higher grade ...is a good thing. I think the P and D rolls have higher grades also. Not so much on any of the bags. 21.6 million may be the lowest mintage of the P and D coins so far ... but it is still a lot of coins. All of the Washington quarters, 1999 and up, have been, and will be saved in great numbers. IMO a few things have to happen, to make a profit on any of the 1999 and up quarters. - a long time has to go by(Years) - have coins of the highest grades, lower grades will always be common. - For "S" mint quarters, what will help the most is if they are added to the albums. On the "S", for now I use Dansco date set albums, where there is just one hole for each coin. On the 2010 and 2011 coins I put "S" mint proof coins, 2012 and up will be business strikes. None of the 1999 and up quarters are going to be any that you will get rich on. If you have enough volume and time to sell that volume, then there is the possibility to make a small profit.
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Pillar of the Community
United States
2077 Posts |
Store them away safely and your great great great grandchild can sell them to pay for a repair to their flux capacitor. On the serious side, I doubt that these will ever gain a value over inflationary growth any time soon. Mintage may have been lowest for the circulated strikes, but they still made quite a lot. They also sold lots of bags and rolls, so high grade specimens are not scarce.
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Pillar of the Community
Canada
1700 Posts |
I would suggest that you keep the bag sealed for now, because you never know how good the coins in your bag are, and assuming that you don't have good ways to sell it. I once bought a bag of Kennedy halves from Philadelphia, opened it a while later, and found out that ALL of the Philadelphia mint halves had significant chemical spots on them (somehow, there was still liquid vapour of some kind in the bag). As you know, PCGS is not like ICCS. Its graders make eye-appeal a very big thing. If you open a bag of these coins with this type of liquid damage, you wouldn't even expect a 66+. So then I looked through the Denver Mint coins and only found that the one on the very top could qualify for a MS66 or 67. The rest were 64s. If I were to sell those one hundred ninety nine coins on ebay, it would take me approximately fifteen years, probably! That's being very cautious. So when should you really look through the bag? Opinions should be pretty divided on this. 1)As someone said above, there will be original bag collectors to whom you could sell the entire bag. What's difficult of going for this option is that the transaction would not be so transparent. Your buyer never knows what's in the bag. 2)Yes, the stats show that this coin is supposed to be rarer. So technically one day it will become a "rarity". But would the value go up so quickly? In my opinion, I would compare the coin with the example of the 1991 Canadian quarter, which didn't have a mintage of over 40k. For a while, the trend of the coin at MS 65 was well beyond $110, but now people only pay half of that. This explains that there will always that period of time where the trend is governed by people's sentiments. I haven't done much research in modern American coin trends, so I don't know if this has happened. If you think that this will happen, you should wait for that moment. But after all, ATB is designed for collectors' interest (and some general circulation, when it comes to your Denver bag). Because of that it wouldn't really go through what a circulation coin like the 1991 quarter would go through. Speaking of the long term, of course the number of collectors nationwide and worldwide will rise according to population, but that only does some good (or not even) for the inflation of the price you paid for the bag. So if you see the coin as an investment, you should sell when the trend goes up really quickly and before it stabilizes. What I would do is either keep it as a part of collection, sell the bag when the trend goes up, or sell the coins individually (graded if they're really good).
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Pillar of the Community
United States
4085 Posts |
This thread inspired me to dig through my big bucket of change destined for Coinstar at my bank. Sure enough, I found a P mint Acadia in the bunch and pulled it out for posterity sake.
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Pillar of the Community
United States
2734 Posts |
I have been able to get some BU rolls of Arches, Sand Dunes and Everglades for face value at my local Wells Fargo branch.  Of course the "S" ATB's will get an "MS" grade from a TPG. So will the bag/roll 2002-up JFK's and 2012-up Golden Dollars, which are also NIFC. And so will the "Uncirculated-grade" Mint Set coins.  There's where the big rub is. Ever since the Satin Finish was dropped after 2010, the Mint Set coins changed from "SP" to "MS", devaluing the true high-grade business strikes issued for circulation, and even the high-grade bag/roll NIFC "circulation-finish" coins. I do wonder if laser scanning will make it possible to differentiate true business strike and bag/roll NIFC coins from the Mint Set Uncirculated coins, which are struck with greater pressure on lower-speed presses. Another factor in favor of ATB Quarters is that many casual collectors dumped their State Quarters as the recession took hold in 2008-09, and they did not resume collecting BU rolls after the State Quarters ended. Yes, millions still collect Quarters, but millions also stopped after 2008. The Fed's new ordering policy ensures a greater percentage of ATB coins end up in circulation; good news for anyone who can get BU rolls of same. Very few people were able to get bank rolls of any pre-2013 ATB Quarters at face value, so most collectors paid a premium to acquire BU rolls of those, be they Mint rolls or resold bank rolls. This will insure a certain population of BU examples, but the percentage of BU coins relative to the total mintage is all but guaranteed to be lower than it was for State Quarters, due to the factors above. And there are still tons of Mint-wrapped State Quarter rolls around as well...  Of course, the Acadia-D is not even remotely comparable to the 1991 Canada Caribou Quarter (and I have a few of those!), but I'd be willing to bet that many ATB Quarter Albums in the year 2021 will have some empty holes for the first three 2012 designs.
Edited by DNA 01/04/2015 11:36 pm
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Pillar of the Community
United States
1566 Posts |
Sorry, but you're gonna have to wait a million years to really profit from these coins unless you sell them one by one.
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Pillar of the Community
United States
2734 Posts |
I got a Chaco Culture-P in my change today.  When 2021 comes around, I might put my saved-from-change rolls of El Yunque, Chaco Culture and Acadia "D" Quarters on ebay, start the bid at their $30 face value and see what happens. Given that the majority of collectors on CCF have reported finding few if any ATB Quarters in circulation (I think jbuck is still at zero found, and Conder101 has only found a couple, to name two major posters here), and Acadia-D BU bank rolls are trading in the $17-19 range, a circulated roll might fetch more than $10 even now. Circulated Bicentennial Quarter rolls have been selling for more than face lately, and those were minted in massive quantities. Acadia-D auction: $19 per bank roll, and 34 sold at that priceIf the low-mintage first three 2012 BU rolls end up trading for more than $30 by 2021, my circulated rolls might make for a very interesting auction. As far as I'm aware, no one else here on CCF has entire rolls (or more) of those saved from circulation, so basically no competition for this auction. And some people prefer circulated coins, so by then it may be their only chance to get those 2012 hole-fillers... 
Edited by DNA 01/05/2015 8:27 pm
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Replies: 15 / Views: 3,773 |
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