The US Mint is trying to kill me!!

To me the bottom line is this. The series runs are too long and have too many options over the years to keep today's A.D.D. generations interested. By 2008 people stopped caring. They stopped buying (in large part due to financial issues with the recession) they even stopped sending in the coins for grading so population figures were down. However as far as investment and return is concerned especially with rolls of statehood quarters or ATB's the only ones making money and might continue to make money in the future are rolls of proof and silver proof coins.

 

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To me this is just an experiment, thats why I only bought one roll, i will only be out a few bucks over face if absolutely nothing happens with these. I think we are hoping for it to turn into a key date oneday with so few minted. The only problem is these 800,000 coins arent really circulating, collectors are sitting on most of them, so you arent losing many coins to normal wear and tear, in 10-20 years youll still have 750000 or so in great shape unless people start dumping them back into circulation, then you might get a nice return on your high grade coins, but i get the feeling this is going to be a bust. Its a good thing im only in my mid twenties, i might see a decent return on these one day, but you wont see me holding my breath waiting for them to do so.

 

Key Date? Premium? Like the 1950-D Jeff, right?

Just playin' with y'all but the scenario is the same. The only difference was that back then (1950) people didn't realize that dealers and collectors were hoarding rolls and demand for the nickels skyrocketed because of the perceived rarity. Today we have the internet to alert us of such activity.

 

I see where you just went with that, but what about the fact that those 50-D nickels STILL bring $14-$15 each in a nice mint state condition? Theres 3 times as many of those as will be these Denali quarters, AND we have had the internet as we know it for over 10 years now, so why hasnt the price come down to a more acceptable level on those 50-D's. You used a great example of a relatively modern coin with no PM value that seen a nice premium, and youre reasoning made sense, im just curious as to why the price of those nickels hasnt leveled off to a lower number now that we have access to the information like there being hoards of 50-D nickels.

I by no means expect these Denali quarters to mirror what happened with the 50-Ds, I hope for that outcome, but realistically i dont see it happening.

 

I don't know......I just thought of the '50-D's when I was reading through this thread. Maybe bad example.

BTW. I paid $24 for that '50-D back in 1963. That was a lot of money for a kid to spend on one nickel. Wonder how much that would translate to in todays money?

 

You got that right, I'm completely lost on the logic here. What am I missing?

 

Best bet with these will be conditional rarity (MS67+) unless some variety or error is found. These circumstances would greatly increase the value especially for sealed bags and rolls. I am on the fence about buying. TC

 

If you have any 69's or 70's you had better get them slabed, you will own the only ones. I cant see anything better than a 67 coming out of a bag.

 

If you picked them up for face value in 1950 that's a 10% per annum rate of return which isn't bad. But if you picked them up at just about any other time they haven't done so well.

About $102. So you have had about a 4% loss per annum

 

If the ATB S mintages turnout to be similar to the 1950-d nickel, the difference may be demand – state/atb quarters are many times more popular (in demand) than Jefferson Nickels.

 

Thanks Conder. I'm dialing up the accountant now........:devil:

 

El Yunque S rolls are now on backorder.

http://catalog.usmint.gov/webapp/wc...ctId=16810&langId=-1&parent_category_rn=10087

TC

 

I've had a couple of rolls come in from the Mint as "head head." What does that mean? They've been searched?

 

Well, that $24 was the equivalent of 17.31 ounces of silver (in 90% coin form) back then, and the silver price is 23.69 as I write, so that works out to about $411 in today's money

 

Coins are rolled in random fashion, so each roll could have any one of the three end-of-roll configurations. It does not mean that they have been searched.

Chris

 

Since they are rolled randomly you can get rolls that are HH, HT, TH, and TT so roughly 25% of the rolls you get from the mint should be Head Head and 50% of the will be Head Tail.