Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Shop for APMEX Bullion on eBay!Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1983 & 1986 Quarters. Is There A Reason To Keep Them

To participate in the forum you must log in or register.
Author Previous TopicReplies: 14 / Views: 1,089Next Topic  
Pillar of the Community

United States
876 Posts
 Posted 05/03/2022  4:26 pm Show Profile   Bookmark this topic Add Dowhat to your friends list Get a Link to this Message Number of Subscribers
Somewhere I heard 83 and 86 quarters should be kept. What is the reasoning here?
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 05/03/2022  4:34 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I think the 83's were not released into circulation.
John1
Moderator
Learn More...
jbuck's Avatar
United States
188342 Posts
 Posted 05/03/2022  4:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Both years were released into circulation.

There were not mint sets in 1982 and 1983, so the higher grades are a conditional rarity relative to other years since all the gems had to come from those released for circulation.
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 05/03/2022  5:38 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
So, I have it backwards
John1
Moderator
Learn More...
Dearborn's Avatar
United States
95855 Posts
 Posted 05/03/2022  7:16 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Yep, Jbuck nails it, But if you look hard enough, you can still find uncirculated P and D mint sets. However they were only initially available as a direct buy from the visitor gift shop at each mint, and can now be found by the folks that bought them are now selling them.
Pillar of the Community
captainkurt's Avatar
United States
1406 Posts
 Posted 05/03/2022  7:40 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
One interesting thing I have found with my 82&83 mint sets was that breaking them up was a mistake. The intact mint sets are getting so pricey and the coins they contain usually are average. Thus the FMV of the coins is usually much less then the intact sets. I bought my sets so long ago for much less then they are now and didn't check current prices before liberating the coins. I would have been better served selling the sets and buying graded examples of the individual coins.
Pillar of the Community
captainkurt's Avatar
United States
1406 Posts
 Posted 05/03/2022  7:46 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
As far as the op's question, save the AU and above examples. Although some quarters below AU do sell regularly on ebay they really should not be worth the $1 or $2 they are fetching.
Pillar of the Community
United States
876 Posts
 Posted 05/04/2022  05:22 am  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply
Thanks for the explanation. Since there was no mention of 1986, I will assume they do not fall into the same category.
So would it be prudent to hang on to the few rolls of 83's I have?
Again, thanks for the clarification.
Pillar of the Community
captainkurt's Avatar
United States
1406 Posts
 Posted 05/04/2022  08:35 am  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
I would cull out the lower quality coins and then spend them or sell them on ebay as full rolls.

Example of the lowest grade You might want to save (which is not even AU)
https://www.ebay.com/itm/2752083914...s&media=COPY

Dump the rest in rolls
https://www.ebay.com/itm/1853614515...s&media=COPY

https://www.ebay.com/itm/3251405571...s&media=COPY

I don't think the coins in below AU condition would hold value over inflation. Then again we are only talking about tens of dollars here. Keep in mint that these coins are not rare. There are over a billion in each year minted. It is only the higher grade examples that are mildly less available.
Edited by captainkurt
05/04/2022 08:47 am
Pillar of the Community
cladking's Avatar
United States
2271 Posts
 Posted 05/04/2022  09:47 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
Thanks for the explanation. Since there was no mention of 1986, I will assume they do not fall into the same category.
So would it be prudent to hang on to the few rolls of 83's I have?


It's getting to the point now that almost all pre-'99 (except '76) quarters should be saved in nice chAU or better condition. Even ugly AU's are rarely seen. Indeed, pre-1989 should even be saved in nice attractive XF or better and anything before 1979 in VF+ or better. People are not paying attention and all of these coins are already highly elusive. Some entity is apparently scratching the coins and most are already "ruined" as a collectible. Even without scratches these coins were gouged, scraped, stained, and worn into oblivion. More than 50% of the oldest coins have been destroyed or lost and the survivors are in horrendous condition.

The 1986 P & D should get a lot of extra attention because the mint's lists of mint set buyers was inadvertently purged of long time customers that year. This resulted in a lot of demand on BU rolls for this date which are scarce and then much higher prices for the mint set. Most of this demand has been satisfied after all these years but it leaves the supply of quarters very thin.

While the '82 and '83 quarters will be far and away the most common eagle reverse quarters in XF and better condition the '86 will be typical. People who can't afford a chBU '82-P will be able to find a nice chAU cheaply but there will be very few '86's in AU.
Time don't fly, it bounds and leaps.
Edited by cladking
05/04/2022 09:54 am
Pillar of the Community
United States
876 Posts
 Posted 05/04/2022  10:07 am  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply
All excellent information. Thanks for sharing!
Pillar of the Community
cladking's Avatar
United States
2271 Posts
 Posted 05/04/2022  10:53 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
So would it be prudent to hang on to the few rolls of 83's I have?


I would be inclined to choice them out. Just save everything in nice chXF and better and all the AU's even if they aren't choice. Dump the culls; those with big scratches and stains.

I'd also check the '82-D and the '83's for the reverse with the "N" in "UNUM" farther away from the eagle's head. I'm not sure of the cause of this but they are somewhat interesting and are tougher. Indeed, they appear on most quarters between '77 and '84 though they aren't easy to spot until the '79.

Inflation will reduce the value if collectors continue to watch all these coins disappear. It's not worth holding onto any coin that will never have a market and I seriously doubt a F 1983-P quarter with a stain will have a premium in the lifetime of anyone reading these words today.
Time don't fly, it bounds and leaps.
Pillar of the Community
Princetane's Avatar
4628 Posts
 Posted 05/04/2022  11:01 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Good to hear, what are the comments on proof sets. I am straddled with the Proof sets 1982 to 1989 and can't get rid of them for love or money.
Valued Member
SaturnD51's Avatar
United States
425 Posts
 Posted 05/04/2022  2:55 pm  Show Profile   Bookmark this reply Add SaturnD51 to your friends list Get a Link to this Reply
I heard that too a while back they were hard to find. So I also saved up two rolls of the 83s. I haven't seen to many high prices on them though. I am disappointed. Maybe someday they will go up.

Prinetane I was offered $3.46 for my 42 proof sets. Just crack open the ones with nice flawless coins and save them.
Bedrock of the Community
Learn More...
CelticKnot's Avatar
United States
12822 Posts
 Posted 05/04/2022  3:01 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
@Princetane, I'd offer to buy some of your sets but since you're in NZ I don't think that would make sense for either of us.
  Previous TopicReplies: 14 / Views: 1,089Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.42 seconds to rattle this change. Forums