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Inherited Quarters

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Author Previous TopicReplies: 14 / Views: 1,616Next Topic  
New Member
sparkyjim's Avatar
United States
20 Posts
 Posted 02/18/2009  1:38 pm Show Profile   Bookmark this topic Add sparkyjim to your friends list Get a Link to this Message Number of Subscribers
Guys, I'm going through hundreds of quarters that date from 1963 to present. I'm just going to dump them through the coin machine to put them in my moms estate account. are there any certain ones of special interest, or hard to find that I should pull out?
Or should I just sell the whole herd for more than face value?lots of State Quarters, but I already have 2 books of those, minus 1 hawaii, which just came around.
I'll wait a couple days for any replies.
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Dollar1948's Avatar
Canada
636 Posts
 Posted 02/18/2009  1:48 pm  Show Profile   Bookmark this reply Add Dollar1948 to your friends list Get a Link to this Reply
Ooppps...I have just deleted my response. U.S quarter discussion
Edited by Dollar1948
02/18/2009 1:53 pm
Valued Member
chris1222nascar's Avatar
United States
314 Posts
 Posted 02/18/2009  1:54 pm  Show Profile   Bookmark this reply Add chris1222nascar to your friends list Get a Link to this Reply
Save the 1963 and 1964 quarters as they contain silver and have a nice premium over the other dates.
Valued Member
novillero's Avatar
United States
290 Posts
 Posted 02/18/2009  3:01 pm  Show Profile   Bookmark this reply Add novillero to your friends list Get a Link to this Reply
If you are going to fill books, you would obviously save the best of each.

You may want to look for the error on the 2004 D Wisconsin quarters. the corn husk contains an extra leaf on the left side.

You will also want to give a quick look at the sides of the coins to make sure you are not tossing any silver away. Besides the 1963 and 1964 (and before), silver was put into some quarters - 1976 and some proof 1992 and after. But those were not intended for circulation.

Generally speaking, there are no key dates in that time period and no other major errors. That being said, looking at the Red Book, but not sure why, high grades of the following (in mint MS-63 and MS-65 uncirculated condition) command a premium:
1982 P
1983 P
1983 D
1986 D
Rest in Peace
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jgfindring's Avatar
United States
1380 Posts
 Posted 02/18/2009  3:07 pm  Show Profile   Bookmark this reply Add jgfindring to your friends list Get a Link to this Reply
In 1982 and 1983 there were no official mint sets produced, so for people who didn't set aside uncirculated coins right then there was no going back and cutting them out of mint sets later.
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Conder101's Avatar
United States
17884 Posts
 Posted 02/18/2009  5:25 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
In 86 there was a mint set, but it was also the lowest mintage set until 1995. There have been a couple of other lower mintage sets since then. Because of that the 86 set brought a premium price for awhile. That made the Unc coins from that year more expensive. Once again because people would tend to use the mint sets as a reserve of unc coins for sets.
New Member
sparkyjim's Avatar
United States
20 Posts
 Posted 02/18/2009  8:10 pm  Show Profile   Bookmark this reply Add sparkyjim to your friends list Get a Link to this Reply
MAN, I love talking with you guys! I learn so much in just a splash. I will follow your advices, pull those coins and look through the Red Book. also have over $2oo in dimes too. not old. current circulations. too bad I have to wait for 500 posts to do any trading,selling,or buying.
Once again gentlemen, thank you. you can still post more info. to me, lol. I'm like a sponge when it comes to info.
Valued Member
dreamstones's Avatar
United States
292 Posts
 Posted 02/19/2009  06:30 am  Show Profile   Bookmark this reply Add dreamstones to your friends list Get a Link to this Reply
Hi sparkyjim



Enjoy the forum...these folks are great and very gracious, especially to those who are willing to learn!

Also-You only need 50 posts to begin trading!

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eaglefoot's Avatar
United States
6326 Posts
 Posted 02/19/2009  09:03 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
The '82 P & D's are worth NOTHING over face value if in general ciculated condition. It's only the "Uncirculated Condition" that has the value listed.

And yeah......SAVE ANY QTRS. 1964 AND UNDER......THEY'RE SILVER !......
Edited by eaglefoot
02/19/2009 09:04 am
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Chump_Change's Avatar
United States
618 Posts
 Posted 02/19/2009  2:28 pm  Show Profile   Bookmark this reply Add Chump_Change to your friends list Get a Link to this Reply
Didn't they quit making the quarters ou tof silver in 1963?
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/19/2009  2:41 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
1964 was the last year of circulating 90% silver. S mint bicentennial quarters that were included in the 3 piece sets(proof and MS) were 40% clad silver, that does not include the proofs in the regular black and red proof sets as those were the regular copper nickel clad.
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Chump_Change's Avatar
United States
618 Posts
 Posted 02/19/2009  2:45 pm  Show Profile   Bookmark this reply Add Chump_Change to your friends list Get a Link to this Reply
Thanks for the clarification. Glad to learn.
New Member
sparkyjim's Avatar
United States
20 Posts
 Posted 02/20/2009  09:07 am  Show Profile   Bookmark this reply Add sparkyjim to your friends list Get a Link to this Reply
64 & older huh? that's why one never sees those years anymore. I don't mean to sound "stupid" or anything, but, I'm just learning. I'm probably the last guy on earth that will claim to be a descendant of Einstein.
o.k., so, say you save for the silver content alone. where does the value come into play? where do you "cash-in" for the silver value, and/or gold too for that matter?
"Dreamstone"-congrats on your 50th post,trade on brother!
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/20/2009  10:42 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Silver coins are generally traded at multiples of face value when sold for silver content alone. Right now it would be about 10-11x face value. Bulk silver is bought and sold everyday by people on ebay and coin shops also purchase and sell them as well. Gold coins usually have a bit of a premium above gold value so they tend not to be traded in this manner. My local shop in St. Louis also purchases scrap silver and gold(flatware, jewelry, etc) based upon the precious metal content. It can be sold at pawn shops as well but their buy prices tend to be low ball.
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rockdude's Avatar
United States
1807 Posts
 Posted 02/20/2009  10:48 am  Show Profile   Bookmark this reply Add rockdude to your friends list Get a Link to this Reply

Quote:
duxbutt Posted - Yesterday : 2:45:49 PM
--------------------------------------------------------------------------------
Thanks for the clarification. Glad to learn.


Yeah, me too.
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