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 Replies: 21 / Views: 2,320 |
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Valued Member
United States
373 Posts |
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New Member
United States
31 Posts |
I'd like to send a roll of them to Stephen Colbert...
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Pillar of the Community
United States
2734 Posts |
Buy a complete set of State Quarter 5-coin Proof Sets from 1999 to 2008, presto, you're done!  Instant 'collectible'.... There's nothing wrong with buying 2 BU rolls of Alaska Quarters (one "P" and one "D"), for one good reason why, look here: http://www.us-coin-values-advisor.c...mintage.htmlYou'll notice that the 2003-up mintages are a lot smaller than the pre-2003 mintages (in the year 2000, each State Quarter exceeds one billion coins total mintage!) As concerns filling a 50-state "P" and "D" S.Q. folder, it appears that the 'key' to completing the folder will eventually be the "Oklahoma D" Quarter (which likely will end up being the lowest mintage 'type-mintmark' of the series). The priciest BU S.Q. rolls are currently "Tennessee". This is because of demand, not low mintage. (many BU Tennessee's were 'ruined' numismatically speaking, by 3rd parties adding "Elvis" designs on them!) To answer your question, Tennessee BU rolls would be the most 'collectible' in the short term (as defined by the market prices), but lower mintage designs should appreciate more in the long term, so a BU Alaska roll would be far better in this respect than (for example) a BU Virginia-P roll.... Edited by DNA
09/26/2008 11:43 pm
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Valued Member
 United States
373 Posts |
Thanks for the website.....
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Pillar of the Community
United States
2734 Posts |
Circa the year 2000, I saw a lot of people hoarding New Jersey Quarters. (and I live in Denver, so the circulating N.J.'s were almost all the lower-mintage "D" version as well) And that was one recent case where the hoarding of a specific coin did appear to be based on its relatively low mintage number. Indeed, the New Jersey "D" was the lowest-mintage example, until the Tennessee "D" in the beginning of 2002! If they had continued cranking out a billion-plus of each design until 2008, the N.J. would have been the 'eventual key' ------------------------------------------------------------------ If you really want to bang your head against the wall  , try figuring out the 2003-2005 5¢ Nickel BU roll market: * 2003-P rolls are priced more than double compared to the 2003-D rolls, even though the "D"'s are lower mintage! * 2004-D 'Peace Medal' rolls are priced more than double compared to the 2004-D 'Keelboat' rolls, even though the "D" Keelboat is the lowest mintage of the entire Westward Journey series! * The 2005 'Bison', by far the most hoarded of the W.J. series from circulation; P and D rolls are barely above face value.  |
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Valued Member
United States
373 Posts |
I have about 10 BU rolls of the 2005 Bison nickel. I was hoping they would go up in price eventually. The Oklahoma and Maine quarters have the lowest mintage of the Statehood Quarters so far, so I was figuring on getting some of those. |
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Pillar of the Community
United States
2734 Posts |
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I have about 10 BU rolls of the 2005 Bison nickel. I was hoping they would go up in price eventually. The nickel may change composition in the future (if it stays the same size, that is!), and House Representative Frank D. Lucas (R-Okla) has introduced a bill to replace the Nickel with a Half-Dime! Quote:http://www.enidnews.com/localnews/l...3234434.html"U.S. Rep. Frank Lucas has introduced House Resolution 6942, which would replace the nickel with the original 5 cent coin used in the United States."
"The 5 Cent Restoration Act would return to use of the half-dime. The half-dime is smaller in size and requires less metal to produce, lowering its cost and potentially saving the federal government millions of dollars, Lucas said."
Add to this that the Bison is almost gone from circulation even now in 2008, pretty soon if the anyone wants a Bison they'll have to 'talk to the person with a roll'  Quote:The Oklahoma and Maine quarters have the lowest mintage of the Statehood Quarters so far, so I was figuring on getting some of those. Now that's a good reason to get them! The lowest mintages will eventually be the 'key dates' for filling in '50 State Quarter' folders! Warning: This might take 20 years or more to be 'proven' in the open market....  |
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Pillar of the Community
United States
6326 Posts |
Quote:Are the Alaska State Quarters (BU) worth collecting, or are there other State Quarters that are more collectible-worthy? Don't choose to collect, or choose not to collect with money value as the main overiding factor in your decision..........do it for the art and beauty and love of the hobby.......not for the quick turnaround buck. And in that context....... YES !..... the Alaska Quarter is worth collecting ! It's, in fact, my favorite one of all !....Edited by eaglefoot
09/29/2008 3:49 pm
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Valued Member
United States
373 Posts |
I hear you eaglefoot.....
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Pillar of the Community
United States
2734 Posts |
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"Don't choose to collect, or choose not to collect with money value as the main overriding factor in your decision" Amen to that! Buy the coins that you like! I buy the Keelboat and Bison Nickel BU rolls (instead of the Peace Medal rolls) because those are the designs that I like the best, and the fact that they're much cheaper than the P.M. rolls sure doesn't hurt! Sometimes, the 'overlooked' coins of one point in time are the prized coins of a future point in time. If that happens to your favorite coin(s), then you have the pride in knowing that you didn't overlook a coin that 'everyone else' did. Like I said, anyone who's trying to make a 'quick buck' sure isn't going to go for State Quarters (nor should they!). When I said some S.Q.'s will be "eventual keys", this process could take 20 years. It could take 50 years. It could take 100 years! Who knows?! Maybe our great-grandchildren will be the ones getting rich off of our collections of 'low-mintage' state-design BU rolls... I've had fun filling up some 50-state Quarter maps with AU coins pulled from circulation. The thrill of finding something nice from circulation is the 'root' of this hobby. No 'Box of Slabs' could ever match the thrill of finding a 'dream coin' in circulation. I have a few ASE's, but my favorite is a scratched, edge-dinged and polished 1989 (relax, it was already like that when I got it). Why is it my favorite? Because I got it from circulation!! In the meantime, we can buy the State Quarter rolls that we like personally. I'd have to say that I do like all five of the 2008's. This may be the 'best' year as a whole... |
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Bedrock of the Community
United States
17884 Posts |
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I have about 10 BU rolls of the 2005 Bison nickel. I was hoping they would go up in price eventually. Considering that almost 10% of the entire mintage was sold by the mint directly to collectors who hoarded them away because they had that same hope, the chance of them going up is almost nonexistent. |
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Pillar of the Community
United States
2734 Posts |
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"Considering that almost 10% of the entire mintage was sold by the mint directly to collectors who hoarded them away because they had that same hope, the chance of them going up is almost nonexistent." In the 'worst case scenario', if something like the "Half-Dime" Bill passes, and the Federal Reserve starts pulling Nickels from circulation and melting them, even a large portion of the general public may start hoarding any and all Nickels from circulation! It's more likely that the Nickel denomination will be kept, and changed to nickel-plated steel, but even this would cause increased collector interest in earlier 'cupro-nickel' composition nickels. (and who's to say that the Fed couldn't still recall and melt the earlier nickels once the new ones were being minted?!) I don't have a 'crystal ball', but I would say that there are enough possible events concerning the 5¢ coin to make the chance of some price appreciation a little more than "almost nonexistent" . Not to say that you should 'bet the farm' or plan to retire on Bison Nickels, but I don't think you could go too wrong having a couple of BU rolls of recent Nickels in your collection (just make sure you don't overpay for the W.J. nickels) You could even put away a roll or two of 2008's from your local bank, for face value!  Followup (07 Oct):I gave this some more thought: "10%" of the Bison Nickel mintage would be approximately one million pairs of "P&D" Bison BU rolls (as sold by the Mint, to collectors). Many of those rolls have already been opened by people looking for the 'speared Bison' error coins. So there's a lot less than one million pairs of Mint-wrapped BU Bison rolls already! Still, the overall best bet for the roll of BU Nickels to 'hoard' (in view of a future 5¢ coin change) would have to be a $2 BU roll from your bank. It's face value after all, and there's probably a lot less 2007-up BU Nickel rolls being saved/hoarded than for the WJ series. The real 'winner' for $2 would be a BU roll of the 'last year' cupro-nickel 5¢ coins, whenever that is! Edited by DNA
10/07/2008 11:37 pm
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New Member
United States
2 Posts |
Where Is The Alaska State Quarter? I've been asking at local banks since September first, five different banks, a few times each week, but nothing. No Quarter Given! Then last week (Sept 24), a head teller said, "the Federal Reserve ordered that quarters be given to armored cars for distribution October first." This week => no quarters. Yesterday, OCT 3, a teller said, the Fed would not give them to Brinks 'til next week, so, try Thursday or Friday (OCT 9 or 10). Officially, quarters are to come out every 10 weeks, and https://www.usmint.gov listed the AK Quarter in circulation (released August 25, at the Alaska State Fair the 29th). So, some questions: Why the delay? How can the Federal Reserve tell the USMINT what to do? The Alaska Quarter could help Sarah Palin and if the final coin, Hawaii, is pushed into late November, would that hurt Obama who has Hawaii connections? Businesses and collectors want the full set as gifts for the Holiday shopping season. Delaying Hawaii will hurt the USMint's sales and disappoint everyone who wants a complete State Quarter set. |
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Pillar of the Community
United States
2734 Posts |
Alaska Quarters weren't even available in the Denver Mint Gift Shop until the second week in September! I don't think the Alaska Quarter would "help" Sarah Palin, although there may some additional temporary demand for this coin from Republicans at this time (due to Palin being from Alaska). The more 'fitting' Obama Quarter would be 'Illinois', but that came out five years ago! Coins are non-political: You'll find Democrats collecting Lincoln Cents and Eisenhower dollars, Republicans collecting Roosevelt dimes and Kennedy Half-Dollars, and Stock Brokers collecting American Eagles (ha ha, couldn't resist that last one! ) |
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Moderator
 United States
187582 Posts |
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and Stock Brokers collecting American Eagles (ha ha, couldn't resist that last one! Good one! |
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Bedrock of the Community
United States
17884 Posts |
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Then last week (Sept 24), a head teller said, "the Federal Reserve ordered that quarters be given to armored cars for distribution October first."
This week => no quarters. Yesterday, OCT 3, a teller said, the Fed would not give them to Brinks 'til next week, so, try Thursday or Friday (OCT 9 or 10). Typically bank tellers haven't got a clue about the distribution of coins and currency. It is unlikely a teller, even the head teller would know of Federal Reserve orders. Quote:Officially, quarters are to come out every 10 weeks, and https://www.usmint.gov listed the AK Quarter in circulation (released August 25, at the Alaska State Fair the 29th). And they did come out then. Quote:
Why the delay? Most likely because your local banks have all the quarters on hand that they need and didn't order any during the pre-order window. Once that passed orders get filled from whatever quarters the Fed has on hand. Quote:
How can the Federal Reserve tell the US MINT what to do? The Mint has NOTHING to do with the distribution of the coins. If the Fed doesn't order them they sit in the mint vaults. If the banks don't order them, then the Fed doesn't order them. (The banks in my area don't order quarters, they have plenty. They haven't made a special order for the State Quarters since Maryland. The only new State Quarters we get around here are those that get spent by people passing through. So far the only 2008 quarter I've seen in change locally has been one New Mexico Quarter.) |
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Replies: 21 / Views: 2,320 |
Posted 09/26/2008 11:40 pm
