Circulation W mint mark

Should the mint release other W mint mark coins for circulation? Should they do nickels or half dollars?

 

Log in or Sign up to hide this ad.

What they should do is come up with some more attractive designs for our dime and half dollar.

 

That wouldn’t be as much of a novelty after they do it once.

I want to see a Reverse Proof SAE from Denver!

 

The US Mint needs to release a five-coin W-mintmarked clad uncirculated set of quarters OR...sell Mint-wrapped rolls of 40 along with the P-, D- and S-mintmarked rolls.

 

No money in it for them. They seem to be catering to big business and big money. Making some things that the general collector can't get without a large investment. Meanwhile, big business can buy up thousands of rolls of quarters and have worker bees search out the W's. Why are they still making gold dollars? They have billions locked up in storage that nobody wants. Ballast for a ship that is sailing off the edge of the Earth.

 

No. They should stop making junk and let collectors tend to collecting coins of circulation rather than the latest trinket the mint dreams up to make money. Fabricated collectables do not belong in a coin collection. It's a Franklin Mint type promotion.

 

That is an excellent way of describing it!

 

Why are the W minted cents going for such an upcharge? It seems that they are worth more than the sets.

 

Found a W quarter the other day. I see they sell on eBay for anywhere from $15 to $135, depending on if they are graded or not. Was wondering if this is just a fad or what. Will they hold value?

 

The W is just another mintmark and it's in use today. It will never be like a CC, an O. They need to stop making junk and commemoration coins and start making real down to earth honest coins that are related to Liberty and Freedom. The older Liberty coins display Lady Liberty as a strong and just, free and proud. The new Liberty coins display her as weak.

 

I don't think they will hold that value. I see it dropping in value as the hype goes away. We'll know next year.

 

I've been collecting for 70 years. I don't think the junk trinkets that the mint is making will be interesting very long. They are "fabricated collectables". If I were going to pay a premium for something, I would upgrade a coin in my collection.

 

OK so.....as a newbie, I'm going to as a hypothetical question to see if I got this straight.....I hope nobody finds it insulting, it is not meant that way.

They are fabricated Collectables even though they are real coins from a real mint, in a very small number. There will be no "proofs" and no uncirculated available, but because they are made only to entice people into coin collecting, they will likely be shunned by experienced collectors.

Now suppose , they were made in a "real run" for widespread distribution, and lets say ,the mint burned down and they only had a run of 2 million from that mint, would collectors would be tripping over each other to add it to their collection?
So the only difference in the 2, is WHY or the circumstances of how they were made, makes a big difference in collector appeal?

Another Question, The Lincoln penny with the W mark, seems to be (only available?) with purchase of the Coin set......So all examples of those should be either PROOF or Uncirculated, and they are selling pretty high at the moment. Do you think value will fade too?

 

Because people don’t have better sense.

 

I would assume that "...in a real run..." some of the coins would have been released from the mint. And your scenario would make them very interesting and desired coins. The W Mint Quarters were distributed as a breakfast cereal or lottery would distribute a prize. However, with these W quarters a person with sufficient resources can purchase 1000's of rolls and pay worker bees to search them. Then put them on the market for everyone who has to have one for prestige. They are not considered by me to be a coin needed to complete a set. They are novelties.

 

I have some by default. But, I hope the album makers don't include a spot for them. They are just a novelty. That's why the mint did not take an effort to protect them. So many of them are defective. They are proof coins and belong with proof set collectors.

 

Thank you all for the feedback about this. It really helps me!
So as a novice collector, it might be prudent for me to start with mint issued proof sets or uncirculated sets until I become more experienced, and decide which way I want to take my collecting interests.

 

If that's where ya want to go. It's OK to jump into a 'series' of coins (commems, Bust halves, etc.) but ya gotta do your homework or you're gonna get 'smoked'.........

 

Yeah I can tell that already. It's going to be a long learning process. I hadn't really considered the problem of fake coins being out there. What is the best way to start w/ proof sets etc......

 

Also ......I notice that most the ATB quarters I have.......are mint marked P.....A few D's and no S marks. Is that significant? Meaning are D and S marks a rarer mark?