I used to (somewhat) enjoy collecting Washington’s, from the 1930’s. I do not own a 32D, and I was recently considering maybe getting a mid-high au coin? But with the current market?? Wow! I don’t think so lol? I always knew the Washington quarter market was soft, and that they were not very sought after? But boy have they taken a dive!? I have no choice? So, I’m officially out for good. See ya George.
When the State Quarter program came out in 99 the early Washington prices started going up. As interest slowed down the prices started going down. The prices of most coins have been going down as well. I think it's a good time to buy the key dates.
Why would you not buy when the price is low? That’s odd. How about I buy one for market price and sell it to you for double, would you feel better about it then . Kidding of course.
That is the herd mentality - buy high when it is rising, sell when it is low and falling. I have been putting away nice classic commemoratives (tougher pieces) with the prices down so low. Every dog has its day. 1989 might be right around the corner.
I don't see Roosies becoming much more popular until the design is retired. To which I say, "I hope they become popular really really soon". Come to think of it, I feel the same way about every dead-President design we have today.
I worked on a PCGS Registry Set of Washington 25c for several years and got up to #11. At some point, I realized that all the MS67s I had bought had lost half or more of their value. In other words, I was out thousands of dollars b/c of buying super nice coins. And then I began to think of all the nice gold and key coins in other series I could have bought with all the money I had wasted on Washington 25c. Needless to say, I've gone on to other things. I'm now working on Standing Liberty 25c and Indian Head quarter eagles. Hope they don't tank as well.
All of the mid 20th century series suffer from less demand. Franklins, Washingtons and Roosies...... That's sad.
If you're responding to my post, I was buying the quarters primarily to try to achieve a higher score in the Set Registry. Still, I hate to see my purchases lose so much in value even when I'm mainly buying them as a collector. I don't buy as an investor, but I've made a lot of money from coins during my lifetime as a collector/dealer/writer. In the long run, I think I'm way ahead of the game.
I like Washingtons but don’t care for condition rarities considering the high mintages, which means more examples could enter the market and deflate values for top grades. I just enjoy nice middle grade ones, with distinctive toning. I really admire the sculpture-like quality of the silver ones, and am discouraged clad examples today are so flat
I'm not familiar with this coin's history (except for using it to play Pac-Man and Space Invaders circa 1979-1983 )....but it appears this was a $25,000 coin (the 1925-D in MS65) for a few years before the 2008 Credit Crisis....and then was steady at about $11,000 or so but is closer to $7,500 today. Wow...that's a couple of big declines in something not whip-sawed by bullion prices.
I understand what you're saying. I guess it's just that I, personally, don't worry too much about my ROI. If it's a coin I like, I just try to get the best price for it I can. That means I sometimes pass on a coin when the auction price is too high for me.
The 32D and S aren't really all that rare IMO. I see them on price lists all the time. Even a dealer I buy from often has an abundance of them in several grades. https://www.empirecoins.net/index.php?c=11&l=product_list&sortby=title:asc
Thanks for the link to Empire Coins. They had a Standing Liberty 25c at a good price, and I ordered it.