Some of the first "W" Quarters found

acetone quick! lots of finger prints.

 

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Yeah. Just about to do that. We will see what happens.

 

Hahaha and ironically that quarter will be graded Details because of the acetone Or will it become AU58 now that there's a fingerprint? Nevermind to the majority...it was sarcasm.

 

Much to learn Puddin Farts

 

As mentioned in my last post, I am down to sarcasm and over it. My beginning point was that(In my ignorance to investments I suppose*sarcasm again*) this particular coin is going to hold nowhere close to the initial hype value. As everyone says, a collectable of any sort is only worth what someone is willing to pay. Unfortunately, I would bet as much money as it sold for that in 10 years time, this hype coin will be an ultimate loss to the buyer and that bet would lead to a much more favorable outcome for myself. Simply looking at "Discovery Coins" of the past such as Morgan Dollar VAMs and even major error varieties, it is plain to see that unless the buyer already has 1 of the 2 million and plans to buy up the rest so the supply is constantly less than demand, it will be a big let down. There are 1,999,998 more coins to surface at some point. One post on here shows that all you need is a cashier's job or to buy bags and rolls to eventually have one. I know that I'm not the only one still coming across 2005-present state quarters that could just as easily pass off in "Uncirculated Condition". What I do stand to learn is even a rough estimate on how many Washington specific collectors there really are out there so if you have that ballpark number, please share.I believe the reason that this coin was hyped is specifically to spark new interest in potential coin collectors? That would stand to reason that quite possibly the Market itself has become more important than the hobby to the younger generations, for the minority of the new generation that bothers. Supply VS Demand is the argument in an investment and I don't believe many people stand to argue that. The value of Proof Sets alone would skyrocket if there were more than 2 million people at one time wanting every year of modern proofs based on mintage numbers. Yet you can somehow manage to find them a dime a dozen? In the end, I agree that I could still benefit from knowledge of coins, but I cannot justify thinking this particular coin is something that is out of my realm if the knowledge that I have aquired up to today in my life.I suppose we will all look back on my ignorant opinion in 10-15yrs, maybe sooner, and reevaluate how much I was wrong.

 

Although 2 million is a big number. Just how many will show up uncirculated.
This is the question you must ask yourself. I would suspect that the majority will have an AU designation or would be detailed. This isn't a situation that you can buy them from the mint in rolls or even be able to certainly know for sure what the grading company's will say. I would like to see just how many of these get graded. Not to mention what the TPG's will grade them as. Will they tighten their standards as to show what each should look like AU, MS? or will they allow circulated examples to be graded gem?
PS I am not a buyer of one of these coins I will take my chance at a circ find. Hype is what you have explained and that is all that it is.

You could be right! We don't know what to expect in the future. But lets put this as plain as we can. Acetone is not ever going to become a poster child for a details grade. Nor, do we see that a finger print immediately makes a coin AU. Should it? It really depends on how etched the surface becomes. To me a fingerprint is the first sign of circulation but not the definition that the TPG's use.

PS I never called you ignorant.

 

I bought a box of quarters. NADA. NOT A ONE.

Then bought 15 rolls and found one.

Story of my life.

 

Which is the story/lesson you're learning/telling here? To me it says "if at first you don't succeed, try again, and you will succeed" !

Congrats!

 

Whereabouts in the "Bay Area" are you? I'm in El Cerrito/Oakland for the most part. I have not seen any but I certainly would like to find one . . .

 

Lafayette, CA, but I work in SF. (San Francisco might have the lowest prob. of finding one with it's population of 1,000,000 people.)

 

I understand your concern, but you’re splitting hairs because of focus on semantics m. The MS grade is based on a technical standard of marks and amount of luster on a coin. If a coin has so much luster and so little wear, it is technically MS as it does not SHOW signs of wear. That’s it.

 

...kind of depends on what is is

 

Was at a coin store today and saw a W quarter on the bid board. Bid was up to $11

 

Yeah your so right. They all should be AU.

 

Got my second Lowell Denver mint quarter in change today. No Ws yet!

 

But we all know they will be all AU. Hatfield's vs the Macoy's argument

 

I have to stock 13 atb albums for my grandbabies. Have been trying since i made the black park quaters collecting books at work. I'm not even telling them that there's W's out there

 

Look. Just buy one on ebay. You know you wanna

 

Haha speaking of that source, sure hope the winning bidder on that GC one doesn't ever see that he could buy up to TWELVE, from the SAME SELLER that came directly from bank rolls. 5th result down from the search of 2019 W quarter. Now...it is entirely believable that if the seller already has 12 that they were honestly found in bank rolls, not change from a coffee. Truly uncirculated by technical definition, not opinion. $30 each. We didn't even have to wait anywhere close to my initial stab at 10 years. Barely even 10 days. 2 million is a lot for anyone that knows to look.
Had the mint never released this information to look for, and it went unnoticed by most for a couple years, I think it would have probably held a higher value in uncirculated grade because most people would never notice and circulate it further through possibly years and many hands. eBay alone pulled up over 500 results, most from sellers with more than one. Did PCGS buy the coin back through a buyer to attempt immediate inflation because in my thoughts on this one, either someone has more money than they know what to do with or a group of people hoped to continue the hype by driving the bids into the clouds.

 

I gotta problem with the last posters 'handle'. What the devil? I've got an image in my mind that will never go away...........