Quote:It's worth 23 cents now, as the USA had 8% inflation this year. No US coin after 1970 has any value beyond spending unless its rare San Francisco silver proof and if its circulation it will be common muck metal.
They mint on average 1 billion quarters a year in the USA and I am sure it was at least 400 million back in 1972. Any coin back to 1965 for quarters and dimes is muck metal and circulates freely there. For nickels and pennies you can go back much further. At least to 1909 for the penny and 1938 for the nickel, although Earlier Buffalo, V and
Liberty nickels may pop up occasionally going back to 1866 and the penny in its current size goes back to 1856, although anything before 1909 is worth at least $1 and before 1880 much more.
Basically its got no collectors value. There may a few extreme cases where its worth more, but I bet you a quarter, yours is a bog standard one.
I guess this sure provides some insight into why NZ decimals sell so cheap even where they are scarcer.
The irony is the New Zealand mint packaging isn't much more stable than the US so someday collectors are going to have trouble finding things like the 1968 20c.
I see those 1950's era "muck metal" NZ coins from the 1950's are still bringing very high prices. I still haven't found a nice 1951 1S.
Of course high grades can't be found in pocket change any longer.