Uncirculated Sets In Circulation?

Nice find, check for any errors and varieties.

I wouldn't store them in ziploc bags.

Do I understand correctly that my coins with the letter S should not have been in rolls since these coins were intended for collectors? I always thought that the letter S only happens on Proof coins.

Loowis is a private company, right? Are private companies engaged in the distribution of mint products ?

Private companies usually buy unwanted mint products from the public and resell them on-line or out of their storefronts. This is commonly referred to as a secondary market.

There are some well-capitalized large coin dealers and bullion companies that can buy some mint products in bulk from the US Mint and market them as they see fit. It can be a sore spot in the case of limited product issues.

Nice finds. As has been stated the ones of greatest value are the San Fran (S) Quarters in Uncirculated (or very high Almost Uncirculated) condition. These do well on ebay and it is perplexing that some dealers don't bother with them. Interest in S quarters has skyrocketed with the American Women Quarters but I think collectors were realizing the S quarters were worth searching forth and maybe purchasing from the US Mint. Why would you ask? Well the S mint Quarters were issed as NIFC - not intended for circulation but COULD be used for purchases. The mintages are half or a little more than half the W Quarters that were available ONLY in circulation. Because you coudl NOT get the W Quarters from the Mint and only from circulation many were hoarded or flipped.

My opinion is for the Uncirculated S -- if you have only a few keep them, if you ever come upon more than a roll, find some of the nicest ones and spend the rest. You will be doing yourself and fellow collectors a favor. By spending them you reduce the population of uncirculated quarters and increase the scarcity of uncirculated ones while allowing collectors a chance at finding one hopefully in high AU.

One curiosity of NIFC coins is that they can be rare in circulated condition but only a little uncommon in uncirculated condition. For example, I have found in circulation only one S business strike America the Beautiful Quarter in low XF condition. I have found many more P and D uncirculated condition Quarters. Note that the US Mint does NOT include some NIFC coins in their annual uncirculated sets: American Innovation Dollars (P and D) and S Mint Quarters. They also do NOT do what some world mints such as the UK's Royal Mint does, offer a higher priced set with that year's commemorative coins that may not be put in circulation. For this reason, US Uncirculated set mintages have been falling overall - sales have only increased when a bonus coin has been offered and it is the sets with the bonus coin that have a nice premium in the secondary market. Again, I do think some collectors realize this as you can see how the 2018 Uncirculated set doesn't show up often on ebay. Dealers with ample stocks may have it but as the 2018 Unc set had the lowest mintage in recent times (possibly the 2020 too as there was a mintage limit on it).