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 Replies: 16 / Views: 2,092 |
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New Member
United States
2 Posts |
I'm new to the hobby, and so far I really enjoy it. I have some Morgan's, some American Eagles and some wheat pennies. My question is about the State Quarters. I have the full set. Denver, Philadelphia and San Francisco. I have the Denver and Philadelphia in a US Mint Folder with the folder with the Story of the 50 State Quarters. Does this devalue the quarters? What is the grade of these quarters? I know there are millions of these out there and I don't expect them to be of great value, I just don't want to do anything which will lower the value. I also have the 50 State Quarters Silver Proof Sets. I hope this isn't too many questions at once. Thanks everyone for the help. Larry |
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Valued Member
United States
194 Posts |
Being in a US mint folder should not devalue the quarters, infact it could increase the value depending how many of those folders are around(although I don't really know what folders these are). We really can't tell you the grade of these coins with out seeing them, and usually don't grade coins as a group, usually they are graded individually.
Somebody will come along and tell you more from a much more experienced point of view.
Jser
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Moderator
 United States
56855 Posts |
LarryE44 Welcome to CCF I am sure you will find a lot of answers to all of your questions here.I think that long term storage in those folders will tone the coins and may devalue them, as for grade  I never was interested in the State Quarter Program and don't think they will bring much if any profit although it did bring a lot of new collectors to the hobby.I would hold on to the silver sets they probably will go up in value. John1  |
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New Member
 United States
2 Posts |
Thanks guys, I appreciate the fast response. I mainly got the quarters because they were interesting to me. It did start me in collecting. I am going to collect the silver proof sets for sure. And, the American Eagles. I like the Morgan's too. I don't expect to have a huge collection, just a fun one.
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New Member
United States
18 Posts |
Welcome to the forum and watch out you may think you will just have small collection but its addictive and you will have all kinds of coins added to your collections before you know it. But the main thing is to have with your new hobby.
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Moderator
United States
16677 Posts |
Wheat cents can be obtained fairly easily with only a few "keys" being the main obstacle. I would start with these. You can assemble a nice mid-grade collection for relatively low $$. Eventually, as you gain more knowledge, you can advance to other series. Read as much as you can but don't overwhelm yourself. The Red Book of U.S. Coins can be obtained at most major bookstores, and is full of great info for beginners. I would start with this. Good luck and have fun! By the way,  swcoin.ecrater.com
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Pillar of the Community
United States
1231 Posts |
Quote:
I don't expect to have a huge collection, just a fun one. I said this once too many many years ago. Back when I only had maybe 200 coins. Now I have 100 times that and still collecting/hoarding. |
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Pillar of the Community
United States
2270 Posts |
The problem with folders is that you often get thumbprints on the coins putting them in. Over time these marks will often cause corrosion damaging the coin. Some folders and other holders are just not safe for long term storage because they contain chemicals or they degrade.
Don't wipe the coins off or you'll leave hairlines on the coins. If you do use a folder or questionable storage media use gloves or a pice of plastic to insert the coins and watch them so you can change them at the first sign of trouble.
Some things break down very suddenly. The worst is most foam rubbers. These will not only decompose without warning but will severely damage coins.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
6326 Posts |
Quote: I have the Denver and Philadelphia in a US Mint Folder with the folder with the Story of the 50 State Quarters. Are these "Proof" conditioned coins or "pocket change" coins ? If you fill a U.S. Mint folder with proof coins.....no....it will not devalue them at all. Even if they're common circulated quarters, having them in some sort of "set" album will not hurt the value at all...if fact it will increase the value to different degrees depending on what type of coin, condition, type of album, etc. etc. And there's nothing wrong with collecting the "Silver Proof Sets" at all.....I do myself every year now since 2006....wish I was doing that in 1999 when the State Qtr. program started.....that first year is worth a VERY hefty premium over cost (though it's gone down in recent times....it's still WAYYYY above "issue price.") If you're not aware, check out the U.S.Mint website. There, you can keep up to date with your "yearly sets", whether proof or silver proof, or Uncirculated Mint Sets. You can get the Silver Eagles there....And commemorative Silver Dollars when they come out each year, all kinds of cool stuff !.....all new/current U.S. Minted coins can be ordered right from the Mint until they've reached their mintage numbers alloted. Some things are available until they run out....some are available only for a few weeks....some things have a "mintage limit." Being the beginning of the year, you'll have to wait for the "on-sale date" of each coin and type when they're officially available for sale.....some are already available. You can only go back so far, however, and there will never be "Classic" coins for sale there such as your Morgans or Wheaties of course.....but it can help you stay "current" with things while you play catch up with your American Silver Eagles for example. Have fun and welcome to the addiction !Edited by eaglefoot
01/12/2009 2:50 pm
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Pillar of the Community
United States
1121 Posts |
Quote:I also have the 50 State Quarters Silver Proof Sets VERY Nice! I am missing to years to complete the Silver Proofs. I plan on breaking them up to put into a Dansco...yes I am crazy btw..I just think this would be a beautiful collection to have together. And of course: |
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Pillar of the Community
United States
1179 Posts |
I break my silvers up and do not think twice about it.
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Pillar of the Community
United States
1807 Posts |
ceaton; I have a 1999 silver proof 4 coin set. The half dollar is a little cloudy at one end. It appears to have effected the shine making it a little dull. Any idea what it is without seeing it. to the forum LarryE44 Edited by rockdude
01/12/2009 11:08 pm
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Bedrock of the Community
United States
14454 Posts |
if you have the 1999 Silver proof set then thats the key set for this series and that one set alone could be worth more than all the other coins together right now, just think how it will do in the future
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Pillar of the Community
United States
1807 Posts |
Bryan1315; thanks for your response, however, I failed to mention that I just purchased it. I'm returning it to the seller and will get another one.
Edited by rockdude
01/13/2009 10:01 am
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Pillar of the Community
United States
2269 Posts |
I agree with Bryan1315, The silver State Quarters are the ones to keep. They have the lowest mintages, and are the most desirable for a collector trying to build a complete State Quarter set. |
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Moderator
United States
187702 Posts |
Quote:
I plan on breaking them up to put into a Dansco...yes I am crazy btw..I just think this would be a beautiful collection to have together. I agree!  |
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Replies: 16 / Views: 2,092 |
Posted 01/11/2009 12:41 pm
