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Posted 11/03/2024 5:40 pm
A little more info on the W Quarters.
A) Mintage was for each issue 2 million.
B) Issued between 2019 - 2020. 2020 Featured a privy mark while 2019 didn't.
C) None were included in any of the sets usually provided to collectors. There there are NO proof or special brilliant unc strikes. There are only the business strikes placed directly into circulation.
D) Such a quarter issued under these conditions had not existed since the Standing Liberty quarters (well there are reports of a few extremely rare matte proofs from 1916 and 1917) so this was a once in a century happening for quarters.
E) For all the reasons above they are highly sought after but the only consideration to dampening their premium is the fact these are hoarded by coin sellers and coin collectors alike. Still, the larger public was unaware of them (even I was back in 2019 when I found one and then spent it thinking it would be in sets) so I think those in Au condition and better will always have a premium. Any grades less than AU will have in the long-run lower premiums or very small. To find one outside the US would be very difficult now as you have to search boxes in the US to find a few. Getting them from change is almost impossible and finding them after searching only a few bankrolls, very difficult.
I do hope the US Mint does this again but a little high mintage - say 5 million but say offer for a first a $5 coin with 35% silver content. Doubt they would do it though.
I would consider the W Quarters as the United Kingdom's scarcities found with the Kew Gardens 50 pence in very recently the Salmon 50 pence of 2024. Both have mintages around 200,000 and unc are doing very well on ebay auctions. I know I got excited at first as I purchased the Definitive Annual GB Set but those coins have a privy mark (yet the expected mintage of those shoudl be around 35,000 making it lower than the circ strikes but as these are likely not to be spent and this is the average sales of these sets, collectors may not value them as much despite the privy mark differentiating these coins from the circulation strikes.)
A) Mintage was for each issue 2 million.
B) Issued between 2019 - 2020. 2020 Featured a privy mark while 2019 didn't.
C) None were included in any of the sets usually provided to collectors. There there are NO proof or special brilliant unc strikes. There are only the business strikes placed directly into circulation.
D) Such a quarter issued under these conditions had not existed since the Standing Liberty quarters (well there are reports of a few extremely rare matte proofs from 1916 and 1917) so this was a once in a century happening for quarters.
E) For all the reasons above they are highly sought after but the only consideration to dampening their premium is the fact these are hoarded by coin sellers and coin collectors alike. Still, the larger public was unaware of them (even I was back in 2019 when I found one and then spent it thinking it would be in sets) so I think those in Au condition and better will always have a premium. Any grades less than AU will have in the long-run lower premiums or very small. To find one outside the US would be very difficult now as you have to search boxes in the US to find a few. Getting them from change is almost impossible and finding them after searching only a few bankrolls, very difficult.
I do hope the US Mint does this again but a little high mintage - say 5 million but say offer for a first a $5 coin with 35% silver content. Doubt they would do it though.
I would consider the W Quarters as the United Kingdom's scarcities found with the Kew Gardens 50 pence in very recently the Salmon 50 pence of 2024. Both have mintages around 200,000 and unc are doing very well on ebay auctions. I know I got excited at first as I purchased the Definitive Annual GB Set but those coins have a privy mark (yet the expected mintage of those shoudl be around 35,000 making it lower than the circ strikes but as these are likely not to be spent and this is the average sales of these sets, collectors may not value them as much despite the privy mark differentiating these coins from the circulation strikes.)
