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Replies: 18 / Views: 3,010 |
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Valued Member
United States
143 Posts |
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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Pillar of the Community
United States
4409 Posts |
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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Pillar of the Community
United States
4409 Posts |
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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Pillar of the Community
United States
4901 Posts |
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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Moderator
 United States
187914 Posts |
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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Bedrock of the Community
 United States
12815 Posts |
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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Valued Member
United States
154 Posts |
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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Pillar of the Community
United States
1373 Posts |
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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Pillar of the Community
United States
1373 Posts |
@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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Moderator
 United States
187914 Posts |
I wish the three coin sets had the San Francisco circulation strikes instead of proofs. I might buy them then.
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Bedrock of the Community
 United States
12815 Posts |
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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Moderator
 United States
187914 Posts |
Even better. 
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Pillar of the Community
United States
3323 Posts |
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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Moderator
 United States
187914 Posts |
Just to be clear, they are not released for circulation. Premium priced bags/rolls only.
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Pillar of the Community
United States
3323 Posts |
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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Pillar of the Community
United States
1374 Posts |
Quote: 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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Replies: 18 / Views: 3,010 |