So what about this 1974 quarter ?

They're being fed a lie though aren't they?

 

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No! Not at all.

Ever since the very early days of the US mint there have been people scouring change. They remove everything of value until there is nothing left. When I started in 1957 even the better date and mint marked buffalo nickels were all gone. The best I could come up with was a fair 1923-S or a VF 1936. These were worth a nickel or dime each at the time and still have little premium. It's always been this way so far as I know.

It's only been since 1965 that people quit checking new coins. Sure collectors will notice silver or even a clad if it's out of proper shape but otherwise they wouldn't know a rare clad from a cull '76 quarter.

Rare coins can circulate for years. Indeed, many modern rarities will only exist in VG condition or lower. I've seen a '68-S quarter worn down to VG! This is worth nothing but it went through a lot of hands to get this much wear.

 

Sounds to me like somebody needs to slap Scott Travers upside da' head.

Sorry @cladking, it IS a lie.

 

lol

 

The influx of error searchers with very odd looking female headed profile pictures over the last year has been stunning. With the notable exception of RareTim, nearly every other person posting up a storm about "errors" has that odd profile picture - you know what I mean or am I just being crazy here?

 

But they are being misled when they are thinking these errors are worth anything to anybody. If they were collectors, they would know something about coins, first. They would know enough to at least not post a coin that looks like it was stepped on and slid over concrete and wonder if it is a mint error. Even when they are indeed finding these microscopic errors and varieties, the errors and varieties are not worth a spit to them outside of attention as they lack the intellectual basis to emotionally appreciate what the hell the errors and varieties even mean. When you try to teach them, it is a waste of your breath. So while I sure appreciate what you are saying about error and variety collecting as a general proposition, it does not hold with these types, as there is no intellectual curiosity driving them, just money and attention, then they are gone. Really, what am I missing?

 

whole other thread but I feel it works here to, so I'll just leave this here with some tp just incase anyone wants to wipe...
Rarlely in the past do I think the less skilled with those who have skills have had more interaction than in the time of Internet, and it tells greatly on character of those skilled by lack of patience towards those who don't know. All are still learning and most untrusting of what we've been told. Forgive us for asking if we are unsure, all we want to do is know, and be sure. O my do we forget where we come from.

or does Jefferson look like a lady..?

 

Obviously most o these coins are nothing. It seems like every coin that's ever been hit with a hammer gets pictured in one thread or another.

But a lot of these posts I'm sure are sincere. They just don't realize their 1990 one cent coin without a mint mark isn't a $1000 coin. They don't have a collection to compare it to or an easy way to google it. More frequently they convinced themselves it was the rarity even before they started looking.

I think in the interests of the hobby (and the site) it is best to try to extend the benefit of the doubt in most cases. In this particular case I responded because the quarter is somewhat unusual and probably just leaped out as such. Whatever the case I'll just avoid response altogether if it seems like someone just wants to ruffle feathers.

To each his own...[/QUOTE]

 

What you have here are a collection of egotistical older men who are from the 'upper tiers' if you will, and they often feel that engaging with such lowly people is beneath them, hence the heavy sarcasm, or insults. They're geniuses.,you're not and you're supposed to know that. See? Easy to figure out actually.

 

With slightly over 800 million minted, that would put the value at somewhere around 25 cents.

 

Still trying to figger out who these "upper tiers" are.

 

800,000,000 minted but only 500,000,000 survive. Of these 450,000,000 are in only VG to F condition with most of the rest in G or VF.

Ten years ago these were far easier to find in XF but if current trends and patterns continue they'll be impossible to find even in F/ VF in another ten years.

Sure collectors seek rarity, historical importance, and for nostalgia but they also often care about preserving history and the future's nostalgia and rarity. We are only custodians for our coins because they will last forever and we can't take them with us.

The only reason this coin lists for 25c or some other formulaic number is the price guides can't be bothered to determine its real value.

 

Wow. You're a REAL contrarian, aren't you? Look, I like clad coins as much as the next guy, but not below mint state. Not every coin is "collectable". In fact, the vast majority are not.

I'm pretty sure if I rummage around in my boxes, I can find an original BU roll of 1974 quarters.

 

Yeah. Like two and two make four. You're being kind to yourself in your own simple mind thinking that...

 

You're cladking and I'm cool with that. Different strokes for different folks. Personally, except in pocket change, I have never touched clad coinage. I take that back; I have a slabbed Florida Quarter in my collection somewhere. But I live in FL and I dig NASA stuff. But except for a few 1968-70 proof sets - which I collected only because of the halves - I have no other clad anything.

Perhaps it is snobbery. Because I do not have the same aversion to 1c and 5c pieces. But except for significant rarity (i.e., 1931-S Lincoln), I do not have the same zeal for them that I do for anything with silver.

Wouldn't the price guides assign a value to them if they really WERE worth more than 25c?

 

Take that paragraph and continue to engage in the self-awareness that has begun. I, too, have my preferences and quirks, but I re-examine them regularly for logic.

 

I admire your positive outlook on humanity but sincerity has nothing to do with the negative reactions you see here. It is the phenomenal ignorance of the posters.

"They don't have a collection to compare to..." - how about the fifty thousand other 1990 cents without a mint mark they have in the penny jar on the shelf?

"or an easy way to google it." What the hell? They used google to find CT and post the crap they are posting.

"...they convinced themselves it was a rarity even before they started looking." The person who convinced them should be shot. lol

 

Now that's an understatement!

I've been collecting circulating clad since 1996 and find it simply fascinating and a lot of fun. Most collectors aren't aware of it but tons and tons of quarter folders for clad eagle reverse coins have been sold since 1999.

This is a growing area of the hobby and you can see the effect on the coins in circulation. This is simply one of the many landmarks on the road to clad becoming "collectible". Millions collect them then it follows they are collectible. Try finding a nice AU '83-P quarter on eBay if you want to see this segment of the hobby.

Personally I tend to set aside nice chBU and Gem coins but circulated coins are being pursued and are becoming very hard to find due to wear and attrition.

I'd be a little surprised. More likely it's a mint set roll and if a bank roll then probably '74-D. With almost anyone else I wouldn't "believe" it at all.

 

My dad saves his quarters and larger change. Just puts it in a container and stores it away when full.

I do it too. I put every Washington Eagle quarter away in a container and store it away.

So at some point if none of my kids get into coin collecting their gonna come to this website and post thousands of pics of various quarters, pennies, etc that are just regular circulation type. Because their going to wonder why I stored them away as they must be worth something more than just 25cents. The other stuff I have an inventory list for.

Friends of mine whose elder parents have passed away have come across the same exact thing in regards to saving change.

 

I don't really understand what's wrong with the price guides but I've spoken to some of the publishers. This was back in the '90's when they just listed every modern quarter for 75c in Gem condition. I believe they are just modern bashers and there's very little demand for accurate guides because there's very little trading in modern coins. There are coins that routinely sell for $50 that even the Redbook lists for a few dollars. A $50 classic would list for $125.

People have been exceedingly slow, slow in biblical proportions, to accept modern coins. It extends even beyond the hobby since Madison Avenue didn't use any coins dated after 1964 until the early '90's.

It's a strange situation where an XF or better 1971 nickel is scarcer than the '50-D nickel but is valued at 5c. There's simply no demand for later coins but this is changing from the bottom up.