Has the state quarters lost thier charm

Unless you can get some graded MS68-69 or PR/SP69-70, state quarters aren't going to appreciate much for decades, maybe centuries. Even the lowest mintage proofs had numbers near a million. Considering these numbers though, the population even in the highest grades may eventually number in the many thousands. When the premium over cost (aka profit) is considered, it was a successful program for the mint. The mint should make as many coins as they can sell profitably ... my view as a taxpayer. However, if they announce a limited mintage in advance, they should stick to it.

Will frequent change of design eventually limit demand for premium new issues? It's a marketing question that's not easily answered, so there will be a spectrum of opinions. Ultimately from a purely business point of view, it's about maximizing profit mostly now, but into the future as well. But how much nebulous future business to you try to ensure at the cost of present profit?

Cal

 

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As for filling the holes in an album, I hadn't done that since the 60's and 70's with my Whitmans.
I had been storing these state quarters and ATB quarters in film vials for almost 20 years. I got a few blank quarter albums (Wizard from a recommendation here),
and I have to say THEY LOOK FANTASTIC in the albums. Much better than I realized,
since most of them are MS. The luster is incredible and I like all the different reverses. There's no value here, but they look great and I am glad I put them in albums.

 

Regardless of their grading collectivity the demand statistics shows continued decline in production and sales. This is a pretty good indicator how your collection is going to be down the road. As I have said, it is not going to be a very good investment to make lots of money.

 

Bingo!

 

That's a good way to saddle your heirs with things that you bought unwisely. I'd never think of putting that constraint on my family for, say, the junk silver I bought in 2011-2012.

Unless, of course, you mean they money they put in -- which will be zero, if they're inheriting.

 

I have been collecting coins and stamps since 1948. I quit acquiring new stamps in 2002 and new coins in 2016. USPS has made stamps into wallpaper and the US Mint has made coins into ballast. Neither can be called a hobby anymore. It is too expensive to purchase or store complete sets of either. The USPS and the Mint are using pseudo collectors as a revenue source with zero regard to the 'old guard" collectors.

 

Well stated

 

This is nothing new since all revenue from every U.S. mint goes back to the general fund. Yes collectors surely paid a premium on all their coins and that is why their sales are decreasing as people refuse to pay a premium. The worse of it is that when somebody dies and sells their collection, another buyer takes advantage by offering 50% of the actual value of the coin collection. I have seen it several times already.

 

I've tried selling my surplus coins and stamps on eBay with very little luck. We have 13 grandkids and 17 great grandkids. Guess what they are getting for birthdays and Christmas.

 

I have a complete set of dollars, half dollars, dimes and nickels from 1900 to a couple of years ago. The mint has made it impossible for me to keep up my half dollar collection without paying a dealer premium as one must buy a roll of each mint. With 70 years of collecting I am disappointed and can only hope that one of my descendants will carry on.

 

I don't even save those for grandbabies. I figure there's so many that they can collect them on their own when older

 

Are those the gold colored dollars. I'm talking about the coin with G. Washing signature on the reverse. I've saw the silver ones. I'm way confused.

 

i have the first 2 of those by accident

 

Wow. You sound just like me. The only difference is my parents left us girls their collections. I personally own about 10 coins. I have giving my share to grandbabies already. Now they like the metal canadian cents. Now i have to magnet test them all. But there in it good. Even got some freebies from @Deacon Ray

 

Wow. You sound just like me. The only difference is my parents left us girls their collections. I personally own about 10 coins. I have giving my share to grandbabies already. Now they like the metal canadian cents. Now i have to magnet test them all. But there in it good. Even got some freebies from @Deacon Ray

 

To me they lost their charm 20 minutes after the first one circulated

 

They WILL BE identical in color and size to Sacs and Prezzies, but ONLY the 2018 one will feature G. Washington's signature. The first four states come out in 2019.

 

You're about a decade late...

Pretty much as soon as the program ended so did interest, at least from my experience. Even then the vast majority of state issues could barely bring premiums and many (MANY) were simply turned into banks at face.

 

Still happening now. It's how the ANA cash registers got full of Idaho State Quarters in BU condition. The bank in Colorado Springs begged them to take them off their hands.

 

I recall that there used to be some premium dates in the State series such as Tennessee and Illinois (can't remember if they were P or D). Is it correct to assume that these are spendable as well?