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Why Are 1983 Quarters Worth More?

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Author Previous TopicReplies: 11 / Views: 22,452Next Topic  
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murrellington's Avatar
United States
3276 Posts
 Posted 03/28/2011  8:05 pm Show Profile   Bookmark this topic Add murrellington to your friends list Get a Link to this Message Number of Subscribers
Numismedia says that in G4 the 1983 p and d are worth $2.30 and $1.15 respectively. I think I heard something about there being no mint sets released. doesn't that just mean these would be conditional rarities in higher grades? why would poor condition ones be worth over a dollar? just curious because I have been saving these and want to know if I should stop. I went to costco and got $.75 change and 2 of the quarters were 1983 p and 1983 d quarters.
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United States
958 Posts
 Posted 03/28/2011  8:32 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
no one is gonna buy them unless they are au-ms to upgrade folder holes
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United States
958 Posts
 Posted 03/28/2011  8:35 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
if you look at the guide... it says 83 G-3 through xf-40 are all worth 2.30
then you see the jump in MS grades
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murrellington's Avatar
United States
3276 Posts
 Posted 03/28/2011  8:38 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
thats why I'm confused. i'd expext them to just in ms grades, but why would low grades be worth more than a quarter. there were hundreds of thousands made. i'd expect low grade ones to be worth face. that's the part I'm confused about.
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fioti's Avatar
United States
4212 Posts
 Posted 03/28/2011  9:07 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Those years are teasers. There's a roll of '82 nickels on the bay right now, with a BIN of 360.00.
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coinsearcher83's Avatar
United States
1358 Posts
 Posted 03/28/2011  9:17 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
Hehe.. Maybe I should start hoarding those..so the price can go up even more due to scarcity! lol jk

But seriously..
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Scooby Due's Avatar
United States
4000 Posts
 Posted 03/28/2011  9:21 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply

Quote:
there were hundreds of thousands made


I think were just a few more than that made.
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soccerdad's Avatar
Canada
311 Posts
 Posted 03/28/2011  9:36 pm  Show Profile   Bookmark this reply Add soccerdad to your friends list Get a Link to this Reply
I think finding one of these with honest wear grading G-4 would be next to impossible. There is no reason for for a coin less than XF-40 to be even listed.
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coinsearcher83's Avatar
United States
1358 Posts
 Posted 03/28/2011  9:47 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
Well, I'm starting to see these in vg cndition, with the rims worn down to the tops of the letters.. I still don't get why anyone would buy them..
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Conder101's Avatar
United States
17884 Posts
 Posted 03/29/2011  1:11 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The prices below XF are what I call "dealers nuisance charge" The additional fee over face value charged for a coin that really shouldn't be more than face value. For example although common date wheats in fairly decent condition can be bought by the roll for Three Cents each, the RedBook prices are considerably higher. That's the "Nuisance charge". It compensates the dealer for his time and effort to stock and catalog the coin. For the most part if a dealer doesn't get a dollar or two minimum per coin, he is losing money.
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murrellington's Avatar
United States
3276 Posts
 Posted 03/29/2011  1:29 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
so no one saves these dates of quarters? just toss them?
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regularguy's Avatar
United States
187 Posts
 Posted 03/29/2011  7:47 pm  Show Profile   Bookmark this reply Add regularguy to your friends list Get a Link to this Reply
In 1982 and 1983 the mint only produced special mint or souvenir sets. As far as I know they could only be purchased at the respective mints. So think about how few of these sets there are, and how few uncirculated quarters exist for those two years. I just completed two sets of Washington quarters from 1932-1998 and 1932-2009. I searched out unc. quarters for all the clad, and had to pay a premium for the 82P,82D,83P,83D. As for circulated ones,they are only what they are, twenty five cents
Edited by regularguy
03/29/2011 7:49 pm
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