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How Low Can They Go?

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Author Previous TopicReplies: 12 / Views: 1,362Next Topic  
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 08/08/2009  12:10 am Show Profile   Bookmark this topic Add DNA to your friends list Get a Link to this Message Number of Subscribers
A real measurement of the national economy :

2000 Virginia-P mintage= 943,000,000
2009 American Samoa-D mintage = 39,600,000

The Samoa-D's mintage is 4% of the Virginia-P's mintage!
It's also just 20% of the Oklahoma-D mintage (which is the lowest
mintage State Quarter)

Even those who collect coins with mintages in the four or five figures
are going to have to admit that this is a huge drop in mintage!
Edited by DNA
08/08/2009 12:27 am
Pillar of the Community
daviscfad's Avatar
United States
4541 Posts
 Posted 08/08/2009  12:30 am  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
i hope they keep going low low low. I want to see under 10,000,000 on the last territory
Pillar of the Community
Elimist's Avatar
United States
632 Posts
 Posted 08/08/2009  01:01 am  Show Profile   Bookmark this reply Add Elimist to your friends list Get a Link to this Reply
I wonder how this is going to carry over next year with the national parks quarters?
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 08/08/2009  12:49 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
39,600,000 isn't even enough to make 1 million BU rolls!

Quote:
Elimist: "I wonder how this is going to carry
over next year with the national parks quarters?"

At the rate the mintages are dropping, the general public won't even
know that the National Parks Quarters exist!

I've had several occasions now when I've spent Territorial Quarters
and the cashier did not know that they even existed, prior to
receiving mine. A McDonald's cashier (who was born in Puerto Rico)
looked at the Quarters I gave her and was thrilled to see that they
were Puerto Rico (Quarters which she didn't know existed). I returned
later and sold her a roll of Puerto Rico-D's (for her, not the drawer).

A young grocery store cashier looked closely at my Guam Quarter and
asked "Is this a misprint? Guam's not a State!" I explained that
since the Mint has now made Quarters for all 50 States, they are now
making Territory Quarters. He had never seen any of them.

I better not spend any National Park Quarters, or they'll call the
police and say that a guy's trying to pass counterfeit coins!
I'll have to get Secret Service agents to accompany me when I shop,
just to authenticate my coins....



Edited by DNA
08/09/2009 7:42 pm
Pillar of the Community
cladking's Avatar
United States
2270 Posts
 Posted 08/08/2009  1:34 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Well, keep in mind that if they keep minting Denver quarters at this rate they'll make well over twice the number that they did in 1968 for the year.
Time don't fly, it bounds and leaps.
Pillar of the Community
Morgans Dad's Avatar
United States
5603 Posts
 Posted 08/08/2009  3:32 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Please stop with ALL the State, Territory Quarters, I would like to see the designs used on Paper money and bring back some exquisite engravings.....

Please no more Quarters, we will be seeing these Quarters for years and years to come, Enough.....
Rest in Peace
numismo's Avatar
United States
3039 Posts
 Posted 08/08/2009  5:09 pm  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
To expand on DNAs comments, I've spent half dollars in stores where the salesperson asked me, "What's this?"
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 08/08/2009  6:25 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
1968 Quarter = One type of reverse design
2009 Quarters = Six types of reverse designs

This is a hobby in which even a minor change to a coin's design can
make it a different type. Early 1909 Cents with the V.D.B. initials
are considered to be the "V.D.B." type, even though the reverse
design is otherwise identical to all Cents made through 1958.

The Wartime Nickel's only difference in design (compared to the
standard 1938-2003 Jefferson nickel) is their enlarged and relocated
mintmarks. Of course, their change in composition also makes them a
different type.

The 1913 Buffalo nickels and 1917 Standing Liberty quarters at least
have some design alterations between their types, not just the
removal or relocation of small letters (as on the previous examples,
and the mintmarks of the 1917 Walking Liberty Half-Dollars).

Since even minor alterations constitute a type, there's no argument
that six completely different reverses are six types.

The 1968 vs. 2009 mintage is thus an 'oranges vs. apples' debate.
However, the BU 1968 'oranges' were not saved in anywhere near
the quantities that the six varieties of BU 2009 'apples' will be.

This is why cladking and others prize high-grade
early Clad coins. Almost no one saved them in BU grades. You'd be
more likely to find a BU 1964 Quarter in a roll than a
BU 1965 Quarter, no joke! There are lots of '65's still
circulating in Denver, but they're all down to G-VG grade.

A 1968 Clad Quarter will remain much rarer in BU grade than any one
of the six types of 2009's in BU grade. It may even end up that 2009
Quarters will be rarer in circulated grades than in BU grades (much
like the 1950-D Nickel)!

Quote:
morgans dad "I would like to see the designs used on Paper money"


Back in the Large Note days, the U.S. produced stunning notes like
the Educational Series $1 and the Indian Chief $5.
And how much has printing technology improved since then?


Edited by DNA
08/08/2009 6:26 pm
Valued Member
mowens16's Avatar
United States
120 Posts
 Posted 08/08/2009  9:17 pm  Show Profile   Bookmark this reply Add mowens16 to your friends list Get a Link to this Reply
Low mintages now may well mean a better valued collectible later. Its simply a wait and see deal.
Pillar of the Community
Gothic Florin's Avatar
United States
2541 Posts
 Posted 08/09/2009  10:41 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I don't think that mintages really matter on state, territory or ultimately state park quarters. So many are saved in mint state condition that even if less than 10,000,000 are made, there will be plenty in mint state to go around.
Valued Member
poconopete's Avatar
United States
66 Posts
 Posted 08/09/2009  11:03 am  Show Profile   Bookmark this reply Add poconopete to your friends list Get a Link to this Reply
I have to agree, there are so any of these State Quarters in rolls and MS state sets that it may take generations to show even the slightest value increases. Just my 2c.
Pillar of the Community
manila galleon trade's Avatar
Spain
1361 Posts
 Posted 08/09/2009  11:15 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply

Quote:
better not spend any National Park Quarters, or they'll call the police and say that a guy's trying to pass counterfeit coins!
I'll have to get Secret Service agents to accompany me when I shop,
just to authenticate my coins....


be careful out there
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 08/09/2009  7:51 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Or worse, the store employees will be fighting each other
and trying to grab those ultra-rare Yosemite National Park Quarters
that I just spent, out of their drawer ....
Edited by DNA
08/09/2009 7:54 pm
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