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Replies: 18 / Views: 3,261 |
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Bedrock of the Community
United States
10284 Posts |
We dumped thousands of dollars into the bank of stuff like this. Father in Law was keeping himself happy saving these and the Presidential & Sacagawea's. When he passed away early this year we had to get rid of them for the estate. All uncs! I did scan through a few rolls that have varieties, but gave up. Aside from a few loose rolls, that we still have on the side ... this "doorstop" remains. If a situation arises, that we need $500.00 bucks, I'll first probably haul them to the Coin Club meeting, or just a picture of them better yet and see if I can get a little more but I doubt it. It is/was a quality problem though. It makes the safe a bit heavier. 
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Pillar of the Community
United States
717 Posts |
Wow! I'm sure there are State Quarter collectors who would like to have them. Are there any errors in those quarters worth looking for? Just a thought.
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Pillar of the Community
United States
2311 Posts |
Whats the mint mark of those quarters?
specify the Alaskan and if any south or north Dakota.
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Rest in Peace
United States
17900 Posts |
Quite the chunk of metal. I'd make them my winter examination choice. There could be some nice errors.
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Bedrock of the Community
United States
17884 Posts |
The problem was with these coins that they made so many of them, and so many were hoarded by people, that the typical retail price for a role of State Quarters is about $11. Most dealers don't want them, most dealers have a large supply of them. If a dealer does by them as part of a collection they will typically take them to the bank and deposit them. Even buying them at face value it takes them so long to recover the money they now have tied up in them that it's a losing proposition.
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Moderator
 United States
188213 Posts |
Nice bucket of quarters you have there. 
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Bedrock of the Community
 United States
10284 Posts |
Quote: specify the Alaskan and if any south or north Dakota. Alaska ( Grizzley Bear ) is near the outside edge at 6 o'clock and N. Dakota ( Bisons ) is the third one directly above it. The wrapped one is Georgia. There are 50 rolls there, all 50 states. Quote: If a dealer does buy them as part of a collection they will typically take them to the bank and deposit them. I am well aware these have no real potential and little collector value. We had literally hundreds of rolls. I could have easily made a heads- tails roll set of all of them and the territories and ATB up to probably 2015. There were bicentennial unc rolls too, which were a little tougher to dump for me but off they went. Quote: There could be some nice errors. They all went to the bank but for a small number of singles and a few rolls of dollars. I did go through the partial roll of D Wisconsin's looking for an extra leaf. I looked for no edge lettering on Presidents, but didn't care about position A or B. lol There's that slight chance there could have been blank planchets, missing layers, clips and Cuds in those rolls. I doubt there were any off centers or broadstrikes. I did look for bumps and dents in the rolls which could've tip me off of a mis-shaped straggler inside. As far as little die chips and "is this a doubled die?" coins, I don't get excited over them. There are a few designs I like. Those with the wild animals I am partial to. But these are a dime a dozen, well ... $3.00 a dozen and that's about it. I'm probably better off buying $500.00 worth of silver or a nice gold Indian coin.
Edited by TNG 04/24/2018 11:02 am
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Pillar of the Community
United States
4211 Posts |
A gold Indian. I like that idea! 
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Pillar of the Community
 United States
4591 Posts |
I think you did exactly right - a quick scan for obvious valuable ones, but not going to the mite on the gnat on the flea chasing low risk oddities.
One other thought... your local coin club might have some YN programs. Hunting varieties is a great intro.
Here in Texas, the TNA show will have a youth auction. The kids get some amount of script (and there are small opportunities to earn a little extra). All the lots are donations. It's usually a blast.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Pillar of the Community
United States
2271 Posts |
A lot of these were saved and a lot are getting cashed in.
There are already several dates with significant wholesale premiums and there are numerous scarce and potentially valuable Gems, especially in the later dates where mint set coins were made by a different and distinctive process.
You might not want to watch the prices in the future.
On the bright side it might have been easier and cheaper to just have cashed them in.
Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
17884 Posts |
That is a point, really nice high grade 2005 - 2010's may have some potential.
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Pillar of the Community
United States
4085 Posts |
Just think if those were silver...
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New Member
United States
6 Posts |
I'm just curious, did you sell them at the bank? That's as good a deal as I get, and never this many. Hunting for state and park errors means that I take many back to them back to the bank's coin counter.
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Bedrock of the Community
United States
20753 Posts |
That many I too would have just taken them to a bank. Would taken to long to go though all those.
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Pillar of the Community
United States
772 Posts |
I would have grabbed one or two of each for a few nice sets and hauled the rest out.
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Pillar of the Community
United States
3207 Posts |
I'd have looked through them for high grades. Should have been a few MS-67s within.
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Replies: 18 / Views: 3,261 |