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Proof Sets Vs. Uncirculated Coinage

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freeqgirl's Avatar
United States
143 Posts
 Posted 12/17/2017  6:29 pm Show Profile   Bookmark this topic Add freeqgirl to your friends list Get a Link to this Message Number of Subscribers
HI there!

I am new at this and have been looking through the US Mint's website and they have the Pictured Rocks quarter coming out , and I am wondering if it is better to by the proof quarter sets or getting the uncirculated coin rolls/bag. Is there a better option in terms of value later down the road?
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 12/17/2017  7:20 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Hi freegirl there are likely to be differences of opinion on this subject. However, most will say to collect as you like.

There are pros and cons of each. Some of which I mention below

Proof quarter set:

Pro: Well struck with a mirror finish
Pro: Set can be purchased in either clad or silver
Con: 4 other quarters you may have no interest in
Con: Price of the sets tend to fall in the secondary market (the silver has intrinsic value)


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MeadowviewCollector's Avatar
United States
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 Posted 12/17/2017  7:33 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Rolls/bags

Pro: quick way to get several examples of the design
Con: the quarters are bulk handled and can be spotted, bagmarked
Con: Paying a premium to acquire


The Mint sells a 3 coin set containing an uncirculated P mint, an uncirculated D and an S Proof if you only need or want a single example from each of the mints.

-MV
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 12/18/2017  08:06 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
As was mentioned already, buy what you plan to collect. As far as "value down the road" I wouldn't buy these for that reason. The only ones that might fit that potential would be the silver set and the silver proofs are sharp looking coins.

Of course you will pay a premium over the other choices for these. These are not big investment items so concentrate on just building a collection.

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jbuck's Avatar
United States
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 Posted 12/18/2017  09:49 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
As was mentioned already, buy what you plan to collect. As far as "value down the road" I wouldn't buy these for that reason.
Good advice.
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CelticKnot's Avatar
United States
12815 Posts
 Posted 12/18/2017  10:59 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
You could always buy the 5-oz silver puck version (either uncirculated or bullion) if you want a super-sized version.
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Taphandle's Avatar
United States
154 Posts
 Posted 12/19/2017  08:06 am  Show Profile   Bookmark this reply Add Taphandle to your friends list Get a Link to this Reply

Quote:
You could always buy the 5-oz silver puck version (either uncirculated or bullion) if you want a super-sized version.


Completely agree, the 5oz puck is a substantial piece that has a generous surface to actually see the subject matter of the coin in great detail with the naked eye. These will also hold significant value as they are 5oz of pure silver. That being said the bullion puck will set you back around $100 at today's prices. The uncirculated from the mint is currently $155 so you are getting up there in price.

You have a few choices, good luck.
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atticguy's Avatar
United States
1373 Posts
 Posted 02/05/2018  10:16 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply

Quote:
The Mint sells a 3 coin set containing an uncirculated P mint, an uncirculated D and an S Proof...


I believe that the roll of "S" quarters are uncirculated; not proofs. Circulated quarters from San Francisco have been minted for a number of years now.

Starting today you can buy the three-roll set from the mint for around $46 (+ shipping) and I've had thoughts of buying them, but not sure yet. It's already $16+ over face value, and if I broke open a roll to pull one for my album, the value of each roll would instantly drop.
I normally just buy one of each on ebay. They cost more per coin that way but it's better (for me) than getting unnecessary quantities.
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atticguy's Avatar
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 Posted 02/05/2018  10:22 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
@MeadowviewCollector........Oops! Sorry, I just noticed you were talking about a 3-coin set, not a 3-roll set.

I had forgotten that the single-state sets were available.
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jbuck's Avatar
United States
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 Posted 02/06/2018  10:18 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I wish the three coin sets had the San Francisco circulation strikes instead of proofs. I might buy them then.
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CelticKnot's Avatar
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 Posted 02/06/2018  4:28 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
I wish the three coin sets had the San Francisco circulation strikes instead of proofs.


Or make them 4-coin sets.
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jbuck's Avatar
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Bump111's Avatar
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 Posted 02/06/2018  4:47 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
Circulated quarters from San Francisco have been minted for a number of years now


Wow! That's the first I've heard about that.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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jbuck's Avatar
United States
187914 Posts
 Posted 02/06/2018  5:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Just to be clear, they are not released for circulation. Premium priced bags/rolls only.
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Bump111's Avatar
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 Posted 02/08/2018  8:47 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I didn't know they made them at all. I suppose you could get individual specimens from a show or dealer. I need to find some!
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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BadDog's Avatar
United States
1374 Posts
 Posted 02/08/2018  10:07 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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I didn't know they made them at all. I suppose you could get individual specimens from a show or dealer. I need to find some!

Bump111,

The Mint first issued these UNC S mint quarters in 2012. You can easily get the 5 coin set for each year off of ebay (typically $5-$10), or at a local coin show (usually cheaper than ebay).

Usually, I'll wait until that last ATB Quarter for the year is released and then pick up the set of 5 from a local coin show in December. The Whitman 5 State Quarter hard plastic holders are a great way to store the coins IMHO.

I too wish that the Mint would issue these coins in something other than a 40 coin roll or 100 coin bag, but it's not so bad having to pick them up from a dealer. It gives me an excuse to go to a coin show every December
Edited by BadDog
02/08/2018 10:08 pm
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