State Quarters Wearing Thin?

Well it is the last year for the series.

I also have noticed 1999 - 2005 that look BU in change are folks just dumping there sets?
I guess so $3.25 gas they have too!

I spoke with a dealer at a show two weeks ago that told me he dumped over $10k at face value recently. They just were not moving like they had been. There is still a little money to be made in State Quarters, it just takes some work.

Jim

You better believe that the price of gas is making a lot of people cash in their " Statehood Quarter Dreams"....as well as people who went " Presidential dollar Crazy".......maintaining the coin album books are one thing.....but when you "stockpile" uncirculated rolls "for the future" and realize it's hard to afford that.......you just quit and dump em' !
There will be certain "periods" like this when people feel the "pinch" of the economy and just "no cash in the wallet" and of course things like ....yer Mommy's Birthday ! Ha Ha
........................
These moderns will flood back in from time to time for quite a while I bet.........just wish the Silver halves would a little more often! LoL Ha Ha

I was kinda expecting this but just not to this degree. Though I do like the "gas" and "Mommy's Birthday" theories.

"It sad to say but us mint made billions of those of copper clad quarters and they will never be worth anything. I would rather save pre 64 silver coins or pre 70 half dollars becides those copper clad quarters."


They made fewer than a hundred million '68-D quarters for circulation.

Of course this date isn't tough to find in unc and choice specimens are fairly common since quality was good that year (perhaps because of the low mintage). There are plenty of clad quarters that are none too easy to find in nice unc condition. No, I don't mean MS-70, just a nice attractive coin that isn't banged up or very poorly made. Indeed, try finding a 1969 quarter in any condition which is attractive. The very few F or better coins left in circulation are badly made and the lower grades are gouged and mangled. Finding one at all is a bigger challenge than many imagine.

It's possible that there will be more hoigh grade states issues released in the future by the public but it's not extremely likely. A lot of these are coins that went into a change jar back in '99 to '01 when they were in high grade and simply remained that way. Very few people would be releasing rolls of the issues with premiums. The FED makes a point of rotating out the coins in storage the longest but the states coins have thrown this policy for a loop; people want the new coin as soon as they're released. So the FED is no doubt releasing a few older rolls without regard for premiums.

This process won't be complete for another 18 months or so and by the time it is the circulating coinage will be nearly 60% post-'98 quarters. This does presuppose at least a small increase in the growing tendency of people to pick out the older clad quarters.

yup, those 1976 Bicentennials are a good indicator of what will most likely happen to the vast quantity of State Quarters people are holding on to. I was at a coin show a couple weeks ago and picked up a 1976 set for $2 (I just started a 7070 album, with the modern coin addon page). The dealer was willing to sell me all six sets he had for $11 ($.50 over face) just to get rid of them. Needless to say, I didn't take him up on the offer, one was more than enough for me.