1990 D Quarter

I heard yesterday that one of these sold last week in auction for a hefty price. Is there a reason why?

 

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This....


or this....


or both!

Chris

 

They said it was only because it wasn't really a quarter that anyone was keeping. The one that sold at the auction was graded MS 64. I'm pretty sure I will have to have this one graded to get anything out of it.

 

I don’t have one. Don’t get Denver issues here in Syracuse. I’ll just have to pay up for one of these beauties

 

Who is "they"? Was it some idiot on BoobTube?

Was it the same date/mintmark? MS64 is not all that great as a grade. I sold (graded) MS68 SQ business strikes for $150 all day long.

It is all the more reason that you need to learn how to grade. Your coin looks to be AU at best. It will probably cost you more than it is worth to have it graded.

Chris

 

Mr. Stevens. The 1990D quarter is common, even in nice condition. The US mint makes an annual set every year, so nice, uncirculated specimens are readily available for just about every date. The ultra high grade pieces that occasionally bring big money are not found in circulation. Small contact marks from pockets, cash register tills, and coin rolling machines are enough to downgrade them to the “Not valuable” status.


It is incredibly difficult to make money searching for ultra high grade. You need to have years (decades) of experience grading coins, be expert on the market for these coins, and have an intimate understanding of how each TPG grades these coins. If it was easy, the majority of the experienced collectors on Coin Talk would be sitting on a beach somewhere.

 

Yeah...beach. Not windy, flat and relatively tree-less Fargo-Moorhead where if you pass gas at one edge of the field there could be a dust storm at the other end of the field. BTW, we live in a city of 45,000 and have a corn field 60 yards from my living room.

Steve

 

Your quarter is a worn circulation used business strike. Any grading is a waste of money. It's only worth face value.

 

Chris said "It will probably cost you more than its worth to have it graded." I would change that to "It will DEFINITELY cost you more than its worth to have it graded."

 

Hey Steve,
Park Rapids, Mn. here.
Unfortunately, or maybe fortunately, wife and I get to Fargo way to often for Doctor Appointments.
But it gives me my unneeded excuse to pay a visit to Treasure Island Coin Shop and always end up purchasing this or that Coin/Currency?
It hard to argue with a spouse that almost insists I purchase those “Shiny” big coins, ASE, Maples, Libertads etc. because she feels they look so pretty! Lol, works for me
I’m happy to share a really cool happening that occurred on and for my Birthday last month!
I was ever so pleasantly surprised and gifted with receiving from my lovely Wife, Children, Grandchildren, Siblings, and close dear friends a total of (25) different 1 oz “Silver Rounds”!
All were encapsulated in Air Tight Cases and were placed in a really cool wooden display case that can be viewed from the plexiglass front! The 4 corners each have a 2 oz coin!!!!
Hard to judge which I enjoy most, ASE, Maples, Australia, Panda’s, Libertads.
As my wife says, oh they are (All) so shiny and pretty, just enjoy them all. Lol
Yes, life is good

 

She's right you know.

 

The reason I said "probably" was because he would "probably" take it to a basement slabber for a few bucks.

Chris

 

You really have to avoid circulation to attempt to find high grade coinage. Unless you really like CRH.

From the US MINT you can buy rolls, bags and boxes of various circulation minted coinage before it hits real circulation. This has the best probability of finding high grade samples.

But as you can see below, for 100 quarters with a face value of $25, you'll pay $34.95 for it, a premium of $9.95. So, this is a game of you have to find high grade examples, pay for grading & sell those, in order to break even or make money. Of course the bagged coins have the possibility of getting more "bag marks" where as the Rolled ones don't but have a much higher premium per quantity.

Example such as:

 

I can accept that. I definitely am in over my head.

 

Bravo

 

Just wanted to say that I just saw your "penny" post and congratulate you to listening to reason and to prompt all of us on this forum to at least at first try and give a resonable explanation before we get "funny".

 

Go and buy a Guide Book of US Coins, aka: The Red Book.

Read it, and then buy a book on coin grading.

This will be a nice start to your collection

 

Well, that's almost right but not totally. Uncirculated Mint Sets have the highest cost per coin; rolls of the same denomination/date/mintmark coins cost less than the Mint Sets, and the lowest cost per coin of all are the bags in the greatest quantities. For example, 100-coin SQ bags cost more than 1,000-coin SQ bags for the same coins.

I would buy the 1,000-coin bags from the Mint and find enough coins that would grade MS68 to cover the cost of buying the bag, the cost of all coins submitted for grading with a substantial percentage left over at face value while providing a nice profit for me.

Chris

 

@Coin buyer, you've got a very understanding and ENCOURAGING wife there! Mine...not so much with regard to coins...but in all other respects a keeper!

Steve