1983 Washington Quarters

Discussion in 'US Coins Forum' started by skane, Feb 8, 2005.

  1. skane

    skane Senior Member

    What is reason for the higher values associated with 1983 Washington quarters even at the grades as low as 'G' as evidenced here:
    http://www.numismedia.com/fmv/prices/wshqtr/pricesgd.shtml
    Was it just low mintage volume? I don't know how many 1983 quarters I've seen that I've just used.....Why doesn't this equate to the 1983 Proof set. The value of that proof set isn't very high in comparison to just the value of a circulated quarter....
     
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  3. cladking

    cladking Coin Collector

    The '83-P quarter is scarce in unc, rare in gem, and getting a little tough in AU. It is still quite common in XF and lower grades and will not bring a premium. There were no mint sets issued in '82/'83 so no ready source of coins for all the new collectors. AU coins will retail at up to about $25 while the uncs go for close to $40. Gems are not often seen or traded.
     
  4. lawdogct

    lawdogct Coin Collector


    So you can see what's wrong with this ebay auction ;)
     
  5. crystalk64

    crystalk64 Knight of the Coin Table

    Looks like a proof to me? Also I might point out the 82 Washington quarters are through the roof also. Wish I had all four of the 82 and 83 quarters I have parted with in the last 20 years! If only we knew!
     
  6. jody526

    jody526 New Member

    If I can jump in...

    I see several things that would tell me to stay away from that auction.

    The opening bid is too high.

    The seller waits until the buyer leaves Feedback, in order to retaliate, if necessary.

    The buyer has only three days to make sure the seller receives money.

    Seller charges $5.20 to send a single coin.

    This is an "All Sales Final" auction.

    I would definately pass on this one :mad:
     
  7. skane

    skane Senior Member

    Ok. goo dinformation. However, if you take a look at the Numismedia fair price guide you will see that even in the lowest grade it's valued at a little over $2.00. That's significant in comparison with other years. However, the 1983 proof set (cent, nickel, dime, quarter, half dollar is only fetcjhing between $4-$7). Is that difference because the Proof set is 's' mintmark while the circ coins are D and P?
    Also you mention lower grades will not bring a 'premium'. What constitutes a 'premium' price?
    So rolling 1982's and 1983's even in lower grades might be a good idea?
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    The difference is because one is a Proof coin and the other is not. Finding high grade examples among Proofs is not difficult. Finding high grade examples in these business strike coins is difficult.

    There are many examples of the early clad coinage that are difficult to find in higher grades. Even from the mint sets, gem quality coins can be tough to find. Finding nice examples in circulation can be almost impossible.
     
  9. collect4fun

    collect4fun Senior Member

    I asked who the coin was graded by and got this response....

    "The Grading Service for the MS-70 1983 P Mint Washington is America's Grading Service..."

    They must br right up there with SGS !!! :rolleyes:
     
  10. satootoko

    satootoko Retired

    Actually, it is SGS!. Read this listing. :mad:
     
  11. lawdogct

    lawdogct Coin Collector


    My aunt saved all her change from about 1982 - 86 and still has it all. She's let me go through the pennies and a few of the nickel/dime/quarter bags. Most of the coins were from that time period and in really good condition. I will definitely have to go through them again and pull the 1982/3 quarters. My aunt's only rule is that I have to split the value of anything worth $5000 or more. Cool aunt eh?
     
  12. cladking

    cladking Coin Collector

    That was a great era for varieties. Keep a lok out for 1982 dimes without mintmarks too.
     
  13. lawdogct

    lawdogct Coin Collector



    Definitely. Thanks for the tip ;)
     
  14. cm769420

    cm769420 Member

    i am looking at one of my 1983p Wash. quarters,

    And the letters "B-E-R"are flat, the "in God we trust"is almost all filled, and the "3" in the date is almost not raised at all.
    Flip it over, and the "-URBIS" and "_num" are not raised. im a new collector, and this just seems wrong. any thoughts?
     
  15. cm769420

    cm769420 Member

    i am looking at one of my 1983p Wash. quarters,

    And the letters "B-E-R"are flat, the "in God we trust"is almost all filled, and the "3" in the date is almost not raised at all.
    Flip it over, and the "-URBIS" and "_num" are not raised. im a new collector, and this just seems wrong. any thoughts?
     
  16. cm769420

    cm769420 Member

    i am looking at one of my 1983p Wash. quarters,

    And the letters "B-E-R"are flat, the "in God we trust"is almost all filled, and the "3" in the date is almost not raised at all.
    Flip it over, and the "-URBIS" and "_num" are not raised. im a new collector, and this just seems wrong. any thoughts?
     
  17. cladking

    cladking Coin Collector

    That's about normal for the '83-P. Your coin is probably worse than most but well made coins are very unusual.
     
  18. quartertapper

    quartertapper Numismatist

    It's really nice to have a relative who either shares or understands our love for the hobby. I had an uncle who ran a business back in the eighties (when I began collecting), who let me go through buckets of coins to jump start my collection. The 90% silver, wartime nickels, and wheaties were exciting to an eight year old with very little money!
     
  19. LindeDad

    LindeDad His Walker.


    I know this might be internet chat but if what you are saying is you are OK with ripping off even family members for up to five grand. I will be staying away from dealing with you.:rollling:
     
  20. bkozak33

    bkozak33 Collector

    my grandma gave me a 1000.00 dollars worth of coins, did I rip her off?
     
  21. ldhair

    ldhair Clean Supporter

    Don't think you understand what he said.
     
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