Certified State Quarters

Discussion in 'US Coins Forum' started by Nickeldude, Dec 26, 2008.

  1. Nickeldude

    Nickeldude Senior Member

    Just curious how many people collect certified state quarters by PCGS or NCG and if so what grade do you try to get.

    -Nickeldude
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. green18

    green18 Unknown member Sweet on Commemorative Coins

    I'm sure there are many here that do Nick. I'm not one of them......


    Welcome to the forum. ;)
     
  4. bama guy

    bama guy Coin Hoarder

    Welcome to the forum. I have all the silver proofs and the mint set . I do not have any certified. Like them in the orginal mint package. Just depends on what you like.
     
  5. Nickeldude

    Nickeldude Senior Member

  6. clembo

    clembo A closed mind is no mind

    Hi Nickeldude and welcome to the forum.

    I do not collect slabbed state quarters or state quarters at all for that matter. Here's what I see in other modern "slabbed stuff". The high grade gets the big premium. The next highest grade will get less than "raw" coins at times.

    Sound silly folks? Believe me it can be true. EXAMPLE: An MS70 2008 reverse of 2007 slabbed Silver Eagle gets good money. An MS69 is often below RAW as people are hoping to buy one and slab it at MS70.

    I'm sure this is not the only case - just happens to be one I check at work for the boss. This is why I stay away from modern stuff and sure as heck don't buy it slabbed.
     
  7. Arizona Jack

    Arizona Jack The Lincoln-ator

    The state quarters got me back into collecting after a long hiatus. I built a set of silver flag holder '99-'06 in PCGS 69-DCAM only to sell them at cost (luckily on Ebay), after I gathered my thoughts and cleared my head of the fuzz.

    After I shook off the dust, I resumed my collecting as I knew, and stayed away from the moderns.

    Not knocking them, they did bring me back after all, I think that is probably the case with many folks my age. I am grateful for them, otherwise I would not be back in the hobby.
     
  8. cladking

    cladking Coin Collector

    A lot of people just don't like moderns.

    I'm not one of them. I also don't collect slabbed states coins yet but do seek them out in nice condition. I've found only two issues from the whole series that I set aside in quantity because most of the coins are banged up and/ or poorly made.

    I've also found a few nice coins in mint sets but haven't even looked at very many sets yet.

    It's a wonderful series and I'm greatly looking forward to seeing the Hawaii issue so I can consider it truly complete.
     
  9. Hobo

    Hobo Squirrel Hater

    Count me out. I do not collect slabbed State Quarters.
     
  10. Catbert

    Catbert Evil Cat

    Nickledude - this is a good cautionary tale from clembo. The money you spend on certifying your quarters would be better spent on coins.

    What is your motivation for certifying these? If it is to enhance future value (assuming slabbing will help you resell) then that would be unlikely given the high mintages of these coins. If it is preservation, then there are a lot cheaper alternatives.

    AND, welcome to our corner of the net. It's a great place and I'm glad you've discovered it. Keep posting away!
     
  11. kanga

    kanga 65 Year Collector

    My collection pretty much stops when 90% silver business strikes stopped (1964).
    State quarters are my only real exception. And I only buy unslabbed UNC business strikes.
    I don't do Presidential dollars.
    And for the pending National Parks series I won't even worry about UNCs. I'll just pull them out of circulation and make trades for the ones I can't find.

    IMO slabbed moderns are mostly for the benefit of the TPGs.
     
  12. ldhair

    ldhair Clean Supporter

    There are those that have a great time looking for a really nice high grade and putting it in a slab for their collection. It's almost like a game, trying to guess what grade it will get. For the price it's a lot of fun. Sure it would cost less to just buy them in the slab but that's too easy.
    With that said, I don't slab them but I did buy mint sets each year.
    It's a really cool hobby.
     
  13. jazzcoins

    jazzcoins New Member

    I don't bother with the state hood quarters unless there errors or varieties that's what i collect in that series.

    I also have serveral rolls that i put away just for the keeping. I have no desire to slab them unless it was a major error.


    The interest level for them is basically younger and begiiner collectors who are just starting out which is cool , the more people that become interested , it helps the hobby to expand.and keeps it growing

    And we are glad you joined this great site

    Jazzcoins Joe
     

    Attached Files:

  14. Pocket Change

    Pocket Change Coin Collector

    Well, besides all the comments from the peanut gallery!!!

    - A lot of those quarters are slabbed because people are hoping to get MS-70 and then sell them for relatively big bucks. Many that you see for sale are probably "failed" MS-70 or MS-69 attempts.

    Just remember there are millions (billions) of these coins. And down the road, I'm guessing there will be as many MS-70's as the market will support.

    So what might be valuable today (a MS-69 or 70) may be relatively common in a few years.

    Of course, here we're talking "investment" and not collecting enjoyment. If you truly want and would enjoy MS-70's, then go for it!
     
  15. De Orc

    De Orc Well-Known Member

    I collect the state quarters but not in slabs, I tend to go for Unc I also have the mint sets in silver and the Mrs has now decided to buy me some loose silver proofs LOL
     
  16. jloring

    jloring Senior Citizen

    Perfection has always brought a huge premium in slabbed collectibles (whether it be coins, cards or comicbooks... my other vices)... and I have know idea why. Is the pursuit of perfection that important that you would pay a ridiculous amount to acheive it? I don't buy the idea, so I don't buy slabbed items that are graded "perfect" (I couldn't afford them anyway). I think it's silly, but that's just my opinion.
     
  17. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I don't. I put together a P/D set out of circulation to fill a Dansco...most are AUish or so, but I just did it for fun. At some point, I have thought about putting together a slabbed PF69 set of the clad and silver proofs...but that's a maybe and down the road.
     
  18. cladking

    cladking Coin Collector


    All the investors are buying old coins.

    I've found only a handfull of MS-65 coins for the entire states series. Except for a few satin finish coins there are almost no MS-69 and MS-70. There aren't enough of these to fill either a truck or a bicyclist's pockets.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Precisely, MS67 is about as high as they go as a general rule. And in some cases, even a 67 is hard to come by.
     
  20. coleguy

    coleguy Coin Collector

    This makes me ask, what happened to them? As popular as the quarter is in every day commerce wouldn't even account for this. Considering the billions and billions minted, it's hard to believe.
    Guy~
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    Not sure why you find it hard to believe. The same is true for pretty much all business strike coins of every denomination from every year the US Mint has issued coins. As clad mentioned, about the only exceptions are the satin finish mint sets from the past few years.

    The reason is simple. First of all the mint makes no effort to strike exceptional coins for commerce. Second is the minting process itself. The coins are struck at a rate of a 1,000 per minute or more. After being struck they are ejected from the press into a hopper with thousands and thousands of other coins. They are they literally shoveled into huge bags until the desired weight is achived. The bags are then picked up by forklifts and transported to the shipping bay. They are then transported to distrubution points for the Fed who treats them in the same way.

    During the entire process the coins go through numerous counting machines, sorting machines and are generally beat half to death before they ever reach the public. So how could you expect to find anything that would grade higher than 67 ? Even that grade is exceptional considering the circumstances.
     
Draft saved Draft deleted

Share This Page