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1955 D Washington Quarter

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Author Previous TopicReplies: 4 / Views: 2,327Next Topic  
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murrellington's Avatar
United States
3276 Posts
 Posted 04/14/2011  04:18 am Show Profile   Bookmark this topic Add murrellington to your friends list Get a Link to this Message Number of Subscribers
with such a low mintage, why is the 1955 d quarter not worth a premium? was it not made for circulation like the 1973 Ike dollar? or what is the reason for such a low price for a low mintage coin?
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murrellington's Avatar
United States
3276 Posts
 Posted 04/15/2011  03:15 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
anyone?
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Wornslick's Avatar
United States
1304 Posts
 Posted 04/15/2011  07:05 am  Show Profile   Bookmark this reply Add Wornslick to your friends list Get a Link to this Reply
Just a guess on my part but since it is only 50 some years old and with a mintage of over 3 million it hasn't made the "premium" list. It will one of these days I suppose. Hopefully one of our Washington quarter Guru's will be along shortly.
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/15/2011  10:50 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Yes, it was minted for circulation. Other mintages were lower in 1955 as well- 1955P Franklin had the lowest mintage for the series and 1955 dimes had three of the four lowest mintages for the series. 1955 was the last year of San Francisco mintage until 1968 and there was probably quite a bit of hoarding for all 1955 coins which would explain lower than expected values.
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murrellington's Avatar
United States
3276 Posts
 Posted 04/15/2011  1:49 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
ahh that makes sense. people realized the low mintage early and many got saved... so many of the coins are kept and saved in ms condition.
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