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Opinions On Building A (Washington Quarter) Set

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Beefer518's Avatar
United States
887 Posts
 Posted 06/12/2017  5:15 pm Show Profile   Bookmark this topic Add Beefer518 to your friends list Get a Link to this Message Number of Subscribers
My question would apply to any set...

I picked up a Dansco 1932-1998 GWQ with Proofs book, and it is filled from 1959 forward, including all clad proofs, silver proofs, and the rest in BU+ condition.

I'm not a quarter guy, but now I 'have' to complete the set. The regular dates are no issue, but I'm having trouble deciding with the 32-D and 32-S, on grade to shoot for.

Since the set is essentially an AU+ set, would you go strictly for AU+ for the key dates, or would you lean more towards VF/XF grades? I don't plan on keeping the set once it's complete, and I'm wondering how bad a lower grade key date would make the whole set look. My LCD has an XF '32D for a very good price, but that's because it's been cleaned. It looks good, and has good details and luster (aka shininess), so I think it would look well in the book, but I'm not sure how damaging the cleaning would be for the set. Or would staying with a solid, problem free coin in the AU range be better for the set as a whole?
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coinlover1899's Avatar
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3058 Posts
 Posted 06/12/2017  5:40 pm  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
I don't know much about the key date Washington quarters except for the 32 D and S. Even those 2 are under $200 in AU.
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Coinfrog's Avatar
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94367 Posts
 Posted 06/12/2017  6:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Stick with the AU grades for sure!
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jbuck's Avatar
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187950 Posts
 Posted 06/12/2017  6:12 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I don't plan on keeping the set once it's complete
Can I ask why you would not want to keep it?

If you are going to sell it, you will usually get more for the parts than the whole.

With that being said, the only reason left to complete it is to say you did, which is still a good reason (the journey, not the destination). Unless I am missing something.
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CollegeBarbers's Avatar
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2609 Posts
 Posted 06/12/2017  6:58 pm  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply
Even though I am someone who loves collecting Washington quarters, I would only recommend completing the set if it is something you enjoy. I suppose if your intention is to eventually sell it (as an investment?), then the best thing to do is buy the best grades you can afford. The early dates (up to WWII) would be good to get in AU (including the key/semi-key dates), and then all the dates after the early 1940's would be best to get in MS-64/65. Always go for problem-free coins. I would recommend Q. David Bowers' "A Guidebook to Washington quarters" before diving into the series.
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Beefer518's Avatar
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887 Posts
 Posted 06/12/2017  7:15 pm  Show Profile   Bookmark this reply Add Beefer518 to your friends list Get a Link to this Reply
I'll keep it for a while, and yes, it would be looked at as an 'investment', but I know I won't get rich with it. I kind of fell into the book, and maybe it's some weirdness, but I feel I'm obligated to complete it now. Who knows, my mood may change, and I'll decide to take it to the grave with me, but right now I've got enough coin projects going that another one isn't an appealing task.

But based on the above, I will go for AU's on the keys, and follow CollegeBarbers advise on the rest. Easy enough.
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dave700x's Avatar
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10625 Posts
 Posted 06/12/2017  9:41 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
If you are looking at this set as an "investment" I suggest you purchase PCGS and NGC graded coins and leave them in the slabs. There is no way that a Dansco collection of Washington quarters can be viewed as an investment. This falls under the adage "the best way to make a million dollars selling coins is to spend 2 million". Collect because you like something. If the time comes to sell a complete Dansco you will be doing well to not loose too much money depending on the venue you choose.
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Beefer518's Avatar
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887 Posts
 Posted 06/12/2017  10:33 pm  Show Profile   Bookmark this reply Add Beefer518 to your friends list Get a Link to this Reply
Sarcasm gets so lost on the internet....
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jbuck's Avatar
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 Posted 06/13/2017  2:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I'll keep it for a while, and yes, it would be looked at as an 'investment', but I know I won't get rich with it. I kind of fell into the book, and maybe it's some weirdness, but I feel I'm obligated to complete it now. Who knows, my mood may change, and I'll decide to take it to the grave with me, but right now I've got enough coin projects going that another one isn't an appealing task.
Fair enough.


Quote:
Sarcasm gets so lost on the internet....
Yup.

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 Posted 06/13/2017  4:49 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I have several sets of Washington quarters. Set #1 is almost all MS grades but then again, most were acquired back when they were almost still coming out. Once they started with those State Quarters, I stopped saving them. However, at coin shows when I see a Washington quarter in MS grades, I still usually buy it and add to one of my sets. I never sell coins so I'm rather stuck with all of these for ever. They look nice but no big thing. I doubt that this set will ever be worth a real lot anyway but still worth keeping.
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CollegeBarbers's Avatar
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2609 Posts
 Posted 06/14/2017  5:31 pm  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply

Quote:
But based on the above, I will go for AU's on the keys, and follow CollegeBarbers advise on the rest. Easy enough.

Just a fair warning, finding wholesome, problem-free pieces with a nice strike is not as easy as it seems. I would again only recommend completing the set if you feel drawn to it or enjoy it.
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