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Replies: 13 / Views: 7,104 |
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Valued Member
United States
87 Posts |
With the event of the US Mint releasing these West Point minted coins I am wondering what people think these coins will be worth say in a hundred years from now. Obviously the quarters, in my opinion, will be worth a good amount, maybe hundreds of dollars, more so than the hundreds people were paying for them in the beginning. Because of he mintage (2,000,000 for each release of the five quarters) I'm quite sure that the Lowell quarter, being that it was the first quarter release will be worth more than the other four. Judging by ebay, the American Memorial quarter seems quite scarce at the moment. So what are the thoughts regarding the value of the five quarters in the next 100 years?
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Pillar of the Community
 United States
8938 Posts |
Here's my opinion, here's what I see happening. I do believe the proof centd will probably double in value only because not many people are going to buy them. I see in the short-term the West Point quarters dropping significantly in value But Rising on the long run. The reason I believe that is because these coins were minted and dropped into circulation, quarters are definitely the most actively circulated of all u.s. coin denominations. As many of us will tell you if you its even hard to-find brilliant uncirculated coins from the 90s in circulation for the quarters. So I think unless people are actively searching and pulling them out these coins will be quite difficult to find in high grades at all. I see them being extremely scarce in mint State 67 or higher. I believe though in about a year or two the market will have fallen out a good enough point to make buying a large quantity affordable as an investment in the long run. I would normally not say coins are usually an investment but I believe this one is a decent one. All my opinions, and should be treated as such
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Valued Member
United States
309 Posts |
 Quick profits taken by ebayers and then a drop-off. Followed by a buying opportunity as they become more readily available, especially in lower grades. Personally, I will wait until the MS66 and MS67 become affordable - after the novelty has worn off. Because of the way they have been introduced into circulation, these will become condition rarities and most likely to hold their value. Just my 2 cents.
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Pillar of the Community
United States
1667 Posts |
In a hundred year I won't be around so it don't really matter to me what it will be worth now does it?  They will come out and start high on ebay, then as more and more get listed, drop down. In 10 years or less top population will be known from the graded examples and a price point will stabilize. As with all coins if top pop is MS 67 and there's only a handful of examples it will be thousands, if a MS 68 comes up graded that will drop those handfuls of MS 67s and so on. It's the "gotta have it now" crowd that loses in all this at the beginning and end up overpaying, which is good for sellers trying to make a buck. It's all subjective at the beginning and there's a lot of unknowns. 100 years from now the highest graded examples will be worth 1000s I think as long as there's only a handful to a dozen of them. Then again who knows what $1000 will be worth 100 years from now, $1000 could be worth 5 bucks for all I know.
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Bedrock of the Community
United States
17884 Posts |
Quote: Obviously the quarters, in my opinion, will be worth a good amount, maybe hundreds of dollars, So might a loaf of bread. I think if the W mint quarters are worth hundreds of dollars 100 years from now it will be because the dollar is less than 1% of what it is worth today.
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Pillar of the Community
United States
1374 Posts |
Quote: Because of the way they have been introduced into circulation, these will become condition rarities and most likely to hold their value.  but their value will depend upon the demand. 100 years from now it will probably be a cashless society. How many people will even still be collecting coins?
Edited by BadDog 04/30/2019 7:34 pm
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Bedrock of the Community
United States
17884 Posts |
Quote: Because of the way they have been introduced into circulation, these will become condition rarities and most likely to hold their value. The high end MS pieces, MS-67 or better, will hold value but probably that's all. I suspect that of the the 2 million or each design probably close to half of them will be scarfed up while they are still in MS. If so there will be plenty of MS coins to go around but most of those MS coins will be MS-63. The number of 67 and better will be small and low enough that demand would be able to support a reasonable possibly high premium.
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Pillar of the Community
United States
1613 Posts |
Based on previous mintage figures for each design in past years, which seem to have dropped as the program goes on, the West Point mint marks should fall somewhere in the 1-2% range of each. With that, I agree that the initial going rate is extreme and will surly level off around half of that within a year or two. Much like the 1999 Proof Sets.
On the subject of West Point mintage, I received both proof sets yesterday and each Lincoln is flawless. Easily a 69 if I'd slab them. So I think that they heard us at the mint.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Moderator
 United States
187702 Posts |
Quote: On the subject of West Point mintage, I received both proof sets yesterday and each Lincoln is flawless. Easily a 69 if I'd slab them. So I think that they heard us at the mint. Excellent! 
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Pillar of the Community
United States
3402 Posts |
I guess they'll be more valuable than the "S" mint ones since the W's are in circulation.
KK
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New Member
United States
3 Posts |
It's September...how is the search-I JUST started an have a 2019-W American Memorial National Park Quarter MS65+ to my eye...how's the roll hunting going?
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Pillar of the Community
United States
3171 Posts |
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Pillar of the Community
United States
1613 Posts |
If history has taught us anything, the majority of these will remain in high grade for many years to come. A look at the 1909s VDB cent is a perfect example. 484,000 were minted and yet a vast number remain in higher grade.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Bedrock of the Community
United States
17884 Posts |
Quote: I guess they'll be more valuable than the "S" mint ones since the W's are in circulation.
But they also have twice the mintage, and I expect a significant portion (half?) of the mintage will get pulled from circulation before they show wear.
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Replies: 13 / Views: 7,104 |
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