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A Silver Washington Quarter Collection Dilemma.

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Bedrock of the Community

United States
10284 Posts
 Posted 06/07/2017  2:55 pm Show Profile   Bookmark this topic Add TNG to your friends list Get a Link to this Message Number of Subscribers
I was a dummy I guess and sold my common date silver quarters. I bet almost every one of these I sold as bullion, yeah sure they probably were not all that great and some maybe downright ugly but, now I wish I would have held back a little.

Recently I took a second look and reorganized my Washington quarters.
I see I have a good number of hard to find uncirculated semi keys and those key dates and semi keys that are not unc almost half those are at least XF+ including the 32 D and 32 S.

On the other hand many of the more common coins are hovering around fine which is an odd situation.
Usually a coin collectors set is the other way around.

This is not a set that I want to perfect, I don't "love" the series, but I do feel it should be completed being this close. Long term, with all the crazy Washington quarters that have been made since 1964 gives me a feeling a complete silver set has some long term potential.

The 25 easy coins I need out of 85 for a set are.

1941
1942 D
1943
1943 D
1944

1944 D
1944 S
1945
1945 D
1945 S

1946
1946 D
1947
1947 D
1947 S

1948
1948 D
1949 D
1950 D
1951 D

1951 S
1952 D
1952 S
1953 D
1953 S

1954 D
1955 D
1956
1956 D
1957 D

1960
1961
1961 D
1962
1962 D

I'm thinking of shopping around for incomplete sets, chances are everyone of these would be in there.

Or, I am thinking about just keeping my high grade ones, semi keys and keys and not worrying about a set. 25 quarters is gonna cost me $100 for decent ones I'm sure.

In the end, I am not going to end up with an earth shaking, eye-popping set anyway. No way is this something I want to upgrade over time.

What would you do?
Valued Member
Italy
78 Posts
 Posted 06/07/2017  4:07 pm  Show Profile   Bookmark this reply Add Burkhard to your friends list Get a Link to this Reply
If I don't like a set, I wouldn't invest time and money in it. IMHO you should try to complete the sets that excite you the most ;)
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 06/07/2017  4:44 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Must agree.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 06/07/2017  6:48 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
It's better to have one coin you love, rather than a bunch you don't. Sell them and buy a beautiful coin you will always enjoy owning.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 06/07/2017  8:49 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
This just happens to be the one set that I love the most and yet, I agree with the previous posts. If you're not all that interested in it, why bother?

Besides, the set of quarters that you have is rather unusual. Most people have all the coins you're missing and they are missing some or all of the coins that you have.
Bedrock of the Community
United States
10284 Posts
 Posted 06/07/2017  8:58 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
You know, I think you guys just affirmed what I was thinking in the first place. I am going to keep the really nice ones and just consider the rest for a future sale. Then I will turn those so-so's around and put them toward a really nice coin. Thank you.
Sure, a BU set of silver 1932 to 1964 set is something to behold but not this way.
Bedrock of the Community
paralyse's Avatar
United States
12057 Posts
 Posted 06/07/2017  9:10 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Keep the nice ones, sell the rest. Unless you're in love with the series, that is far and away the best course of action.

My Registry set is the product of several years of work, and I've hit the price ceiling for the most part (where gaining Registry ranks becomes financially prohibitive.) But I would not have been able to keep interest if it had some circulated coins in the mix. On the other hand, a full set of circulated dates is reasonably affordable, whether you choose AG or AU or somewhere in between, with even the keys/majors (1932-S, 1932-D, 1934-D, 1935-D, 1936-D) remaining well under $1000 in high AU.

I do think the series has upside, but only in high grades apart from the keys. A lot of collectors have yet to wake up to how truly scarce some of the date and MM combinations are in grades at and above 65. Even with Gem Uncirculated coins being saved by the roll in the 40s-60s, most of what comes out of those rolls today is found with bag marks or nicks or other grade-lowering issues. I don't think there is much potential in the 63 and below grades, excepting the "Big 5" keys/majors, the major DDO varieties, and the two 1950 OMM's which are scarce in any grade.

Prices for even the Uncirculated coins have been depressed at MS65 and lower thanks to the discovery of large roll hoards like the Omaha Bank Hoard, which pretty much saturated the market with roll-fresh BU Roosies, Washingtons & Jeffersons. However, those hoard coins have mostly been absorbed, and prices have stabilized and I think there is room for growth.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Pillar of the Community
CollegeBarbers's Avatar
United States
2608 Posts
 Posted 06/07/2017  10:36 pm  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply
with the above opinions, even though I really enjoy collecting this series. The best thing about this hobby is collecting what you enjoy, so you might as well sell the dates you don't want to use the money toward another series you love!
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