Pcgs State Quarters

Ok, Looking for a general consensus here.

What is your opinion on the future of state quarter values, in particular, PCGS PR-69 Dcam Silvers.

I admit, the state quarter program grabbed my interest and is probably responsible for me reentering the hobby again, I have a set up to current of these slabs. Probably 80% came from L&C on ebay.

They sit in a box, never get looked at, never enjoyed, I just know they are there, already paid for but doing nothing.

Would YOU sell them and use the $$$ to fund some other coin purchases that have much more potential for value, as well as more interesting coins, say another 9SVDB or 16-D Merc or something along those lines?

My thinking is they will never climb in $$$, and the pops will only climb, thus, lowering the value as interest goes elsewhere in the hobby. Same reason I do not buy anything from the mint or collect any moderns other than a FEW Silver Dollar Commems that I like the subject on.

Allright guys, have at it

Jack

 

Log in or Sign up to hide this ad.

Hello...o...o...o..o

I hear an acho?

 

What's to "have at"? Sounds like you've got the negatives pretty well covered. You say you don't really get any enjoyment out of them they are just there, and you have all these reasons why they will probaly go nowhere. What do you want us to say?

 

I don't see much point in just socking things away without enjoying them. I'm putting together Dansco albums from uncirculated state quarters. That permits you to take the albums out and look at them. They're really quite striking in the albums. I've made enough albums to give to each of my kids, and maybe to one other person as a gift.

One way the state quarters might be more valuable than selling them in rolls is to put together completed albums and selling those. The coin dealers certainly ask a lot for them. I don't know if interest in a complete set will wane over time, however.

With the presidential dollars, I'm doing the same, but also keeping a couple of uncirculated rolls of each one for the future. If nothing else, my kids or their kids will get a kick out of them some day. Since I'm buying them all at the bank at face value, I'm not losing anything except the 0.5% interest my bank would pay on the money if I had it in savings.

 

i would sell them. i agree they will never do anything but have the pop reports go up. SO many collectors entered the hobby with them, and as a result so many have been saved. if you dont get any enjoyment out of them, by all means sell them and buy something you do enjoy.

i only say this because u asked. Myself - i buy alot of things i know will never climb in value, and i still keep them.

if your guts is churning over weather or not to sell, trust it... and sell!

 

Dump them and buy something "real" Jack.

I got into the state quarters as well. Not to get me back into the hobby but because they were so hot and I had access to a lot of quarters. I used to go through all of the quarter rolls at work and pull all of the AU/UNC Delaware and Pennsylvanias then sell them on ebay as AU/UNC with a starting bid of 1 cent. Usually got around $40 a roll.

You can't get that for a mint roll now Same goes for PR69DCAMs as far as I can tell.

The BEST thing the state quarter program has done is to introduce many people to coin collecting. Some may take offense to this but some of those quarter collectors turned into "real" collectors.

I remember when the mint said there were 60 million coin collectors in the U.S. I emailed the editor of Coin Prices and told him more like 2 million coin collectors and 58 million quarter collectors. He loved it.

 

Nuff said...

My gut feeling has been reinforced. I doubt I'll recover what I spent, but I'll be able to get something that really " floats my boat" with the proceeds. I can't tell you how many times I pull out the Lincoln yellow box and loupe, I can spend hours at that. The quarters go in a blue box then into the safe where they would collect dust if dust got into the safe. In fact, the Lincoln box has been on my desk for a few days now as I photograph both sides, put into an ait-tite, then a 2 1/2" flip, then the dbl row redbox and on to the computer.


By the way, that coin software I bought has turned out to be a great investment. Thats another thread for another day.

Thanks !!!!!:high5:

 

The Mint is now claiming 147 million people are collecting coins. That's one out of every two people!

 

I put them up and 1999 sold in 20 minutes. I cannot find them all, I need to get 01,03 up too but am missing 1 of each that I know is around here somewhere.

 

the state quarters will never be of value given the high mintage numbers and the number of sets built from them. i just started a set for my newborn son - not as an investment, but as a novelty for him when he gets older. i have spent $12.50 on far less.

-steve

 

You should have looked them up. L&C wants $300 for that set now. It seems that the price increase that was not supposed to happen did and you missed it.

 

Ahhhhh, but I knew that set and the '01 were goodies. I got $310 for the 99's, thanks !!!

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=110200796002

 

Sorry. I did not look far enough. That is what I get for assuming.

 

Right on, no problem. I got my package today, NICE !!!! Thank You, check your mail

 

Well, it is probably been decided, but I would sell. What good are they if you don't enjoy them? Get something you enjoy. Like some nice Lincolns and wheats so you can post pics on here so I can drool some more.

Phoenix

 

I haven't read the thread because I don't really understand the premise.

If you make the mistake of buying any coin for investment why would you want to keep it after you come to realize the error. If you just think you need to invest in coins but these are a poor way to do it then why keep the coins? If they're sitting in a box providing no enjoyment and you expect them to lose money then why keep the coins?

There doesn't seem to be a real question here.

If you're asking if I agree that these are a poor investment then I'd say ALL coins are a poor investment. Do I expect these to go up or down? It's a tough call but they are fairly common in PR-69 and there are a huge number of collectors. People who are concerned about future price performance of collectibles should think for themselves.

It a sure thing that people who predict ALL moderns will decrease in value will continue to be proven wrong.

 

Saying states coins aren't real is like saying people who collect bust coins aren't "real" coin collectors because the coins they collect weren't struck before the fall of Rome or 3c nickel collectors aren't "real" collectors because the denomination doesn't exist any longer.

How about the only "real" coin collectors collect coins that are still in circulation?

Or maybe "real" coin collectors only collect coins in extremely high grade. Why would a "real" coin collector want an old worn out coin that is probably dirty and might have cooties? They even used to clean the things deadly poisons so it's best to wash your hands if you actually touch one.

Maybe "real" collectors actually collect old pottery or indian arrowheads. Maybe we're all doing it wrong.

Yeah, I'm sure there's no reason to worry anyone might take offense at being called the things that are hurled at so many of the newbies to the hobby. And while they're busily not being insulted it encourages them to get more interested in "real" coins.

 

Man, a lot of people are a tad uptight lately. Probably the holiday coming up. I wouldn't get that upset over the comment man. I would have to disagree though, whether you collect pennies, (or State quarters) or gold and all, doesn't matter, neither one makes you any less or any more a collector. The definition of a coin collector is one who collects coins, no matter how big or small. Coins are coins IMO.

Phoenix

 

I usually like Clembo's posts but I find this highly offensive.

I have no more vested interest in states coins than anyone else here but these are real collectors and they are going to be the people who own most of our coins in 25 years. So why insult them?

It's a personal insult as well since a lot of my favorite collections aren't "real" coins. I like the states coins and have the nicest set I can assemble from pocket change and rolls. It is a real collection and I've learned a lot from it. There's little doubt that as years go by I'll learn a great deal more.

 

I can enjoy state quarters also, I just figured ( the investor in me) to get out when the gettins good and buy something I want more. I bought some REAL coins, a pair of 09-S Lincolns so far, lol, I'm just messin with you CladKing, I think quarters are real too. Me? Im just a Lincoln Cent kinda guy, never hid that fact. I do gladly admit the state quarters perked my interest in coins again, and thats a good thing.

I would be just as happy with all 10 silver proofsets for the quarters at about 1/2 the price. Let someone else enjoy the slabs. Oh yeah, and I still search my pocket change everyday for those P mint circulated quarters, out here in AZ, I don't see many at all, my Whitman folder has a bunch of holes on that side of the fold.


Funny, I get handfulls of P mint dimes, nickels and cents, somebody must be savin those state quarters...ya think?