Silver State Quarters PR70 or PR69?

We may be talking apples and oranges here. By moderns I'm talking about US coins made since 1964 and world coins made since the last of the silver coins in that individual country. These are the hottest coins anywhere and have been for a long time. I'm generally predisposed to not buying brand new coins or any coin less than three years old except at face value but to each his own. Some people have been doing quite well on such coins.

 

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Chris,

Now that's a great reply! LOL

I may have gotten overly defensive at the first response, BUT I found your second response to be extremely informative, and very valuable!!! I really appreciate that! There are several things you mentioned that I definitely did not know.

I am recently re-born into coin collecting. I used to collect when I was a kid (30 years ago!) I don't know why I ever really stopped. The 2009 Lincoln cents kind of re-sparked my interest in coins. So, I purchased a 2009 silver proof set, because I always liked the proofs.

I still have my first 1976 silver set. I thought the bicentennial coins were the coolest thing ever. Actually, I still do.

Anyway, while looking at the DC and Territory coins, I started think about how the States must look in proof, and over a few months purchased all 10 proof sets. I got several of them for just around spot value of the silver content! I felt like I was getting the other coins for free!!! The '99 was expensive, but was worth it to complete the set.

These coins are just beautiful! My favorites are New York (where I live), New Jersey, Connecticut and Nevada.

After listening to a lot of the advice given so far, I think I'm going to pass on buying the slabbed quarters. I think I, like many novices, got caught up in the hype. I love the 56 proof quarters I have, along with all the other proof coins in the sets. That's more than enough.

Chris, I'm sorry we got off to a bad start, but I can see you're very well respected in these forums. I hope going forward it's all good, and I can learn a lot from you and many of the other experienced coin enthusiasts in here!

 

Yes - I think we were. I do agree about post 1964 - I think those are something a lot of collectors enjoy since they are abundant and easy to collect.

 

No problem! I was probably a little too hard on you, but this has been at least the 10th time in as many weeks that someone has expressed interest in buying 70's. My only hope is that they don't fall for the hype because they will likely regret it down the road.

I'm looking forward to many more conversations. We all can benefit and learn something from sharing knowledge. Welcome to the neighborhood.

Chris

 

State Proof

I was quite happy to collect this Texas State proof 25 cent last Saturday. Yes, a Silver alloy. I know, it has plenty of dings, but that is expected from the toll road.

 

One must look at the mint numbers on modern coins and that should tell you that there will be very few rare modern coins in our time. The MS-70 to me are coins purchased by individuals looking to profit from them and this has left more than one of my friends with a bad purchase. IMO but the silver quarter sets so you will have the lower minted coins and a nice shiny example of the designs for your collecton.

 

My advice is that sometimes you need a thick skin in this hobby. Education is the single best thing you can have in your "arsenal". That being said, if you want some pf 70 state quarters, then get a good loupe, and start buying some proof sets.Learn how to tell a pf 69 from a pf 70, and find your own by searching sets. Start by buying at a brick and mortar shop as most sets on flebay have been searched already. Dont pay a huge premium for moderns that will likely lose value as time goes on.

 

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