200th anversary quater

Discussion in 'US Coins Forum' started by guy, Jul 6, 2004.

  1. guy

    guy New Member

    is there a quater that celabrates the 200th anniverasy of the 14 states of america if there is what is the value?
     
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  3. JBK

    JBK Coin Collector

    ?? What 14 states? There were 13 original colonies, but no special thing for 14 states.

    Maybe you have one of the state quarters (one for each of the 50 current) which are still being issued.
     
  4. guy

    guy New Member

    sorry 13 states
     
  5. National dealer

    National dealer New Member

    The bicentenial (1976) quarter, half, and dollar all celebrate this event.
     
  6. guy

    guy New Member

    is it collectable
     
  7. National dealer

    National dealer New Member

    Not really. Very highly graded examples bring a little premium. All circulated examples are spenders or gifts for kids.
     
  8. guy

    guy New Member

    so should i keep it in a collection or just spend it
     
  9. National dealer

    National dealer New Member

    If you have more than one, spend it
     
  10. guy

    guy New Member

    i only one
     
  11. Pennycase

    Pennycase New Member

    Alright, I have read so many posts over the bic quarters, I have 20 some odd rolls of them, and working on number 21, I love them, what alot of people aren't getting, if it is neat, if you like it, if it catches your interest, find them, put them in a roll, and store them somewhere, if you can't find them in circulation anymore, what happens? even the circulated ones will have a little potential, and with those who simply spend them, 20 years from now, they are worn out, barely readable dates, etc, I bet you would like to have a couple rolls that are at least decent circulated coins. Collect what you like, and have fun doin it....
     
  12. JBK

    JBK Coin Collector

    I completely agree with your last sentence. However, stockpiling face value coins is in the end costing you money. If you invested that money in anything else (stocks, US Savings Bonds, etc.), it might be worth real money some day, whereas the return on investment for the circulated Bicent quarters will be very low.

    Having said this, I am sure glad my grandparents and greatgrandparents saved some "common" coins such as Seated Liberty Dollars and the like.
     
  13. CohibaCris

    CohibaCris New Member

    Which is the question, right? Collector vs. quasi Investor Collector?

    No matter which way you slice it, this hobby is largely representative of a casino in how the returns are handed out. A few win big, most lose what they planned to lose, and almost all have a great time doing it.

    For me - this is a hobby. Not a get rich slow scheme. Because I have not children, nor plans for any, I can see my wife and I liquidating our collections for world travels and the like later in life. But only for fun, and not to make x% over the acquired price tag plus inflation.

    We started collecting with the intent of documenting our acquisition price for every coin. It was daunting and depressing. We stopped after a couple of weeks, and have been much happier not really caring what the metal discs are worth and our returns. We just like bright shiny objects! [​IMG]
     
  14. National dealer

    National dealer New Member

    Coins can be a get rich quick thing :D Darn, somebody needs to let me in on that secret. I am putting in way too much time. I guess it is a good thing that I enjoy this so much. It could seem like work if I did not.
     
  15. GavitPltw

    GavitPltw New Member

    EveryOne Wins Big

    I have been a collector for more years then I can remember, and I have been a dealer for a few of those years.

    and in all the years of this stuff do you know what I learned....

    EVERYONE IS A WINNER

    A regular at my local coin shop once said "The happiest people you will find in this world are the ones who have something to care about"

    It was an derect reference to coin collecters. All of us WIN! I have never met a person who collected or dealed coins that were not happy.... We all know that coin collecting starts out as just a thing to "pass the time" and before you know it your obsessed and your taking out a second morgage on your home to buy that 09-s VDB in MS-68 condition.

    We do it because we love it.... We might end up not making money.... but we made something much more important.

    To me describing why I collect coins is the hardest thing to do.... The people who already collect them don't even need to ask because we all know that we love the satisfaction of getting that last coin for your "type-set", but you try to tell sum1 that who does not collect coins and you will get a look more flat then an un-struck quarter.

    If you collect you collect for a reason....

    We do it for investment?
    We do it for satisfaction?
    We do it for greed?

    WE DO IT BECAUSE WE LOVE IT!

    Note:
    I just wanted to say that collecting rolls of cirulated bicent. is not the dumbest idea in the world. I as well probabally have 10 rolls of them. I collect them because they are DIFFERENT and EASILY ATTAINABLE. I know they spent 2 years making them and that the mintage is astronomical, but the fact that it is different makes it worth it. Why would it hurt to put a few hundred dollars into circulated quarters....

    I also wanted to make mention to the few of you that said bic. qtrs. would be a bad investment..... IT WOULD NOT BE!!!!

    a BAD investment is an investment that basically loses you money. I guarantee you that if you pay 25 cents for a bicent. quarter you will never get less then 25 cents for it... making it an impossible loss on investmnet."

    :)
     
  16. cladking

    cladking Coin Collector

    Collecting the '76 quarters can be a lot of fun and "investing" in them may not be very profitable. It all depends on how one goes about it. If you're searching for varieties (only a few and all are rare), gems, or something different in some way then I'd predict that you will do far better than most would imagine. This based on the simple fact that these have always been taken for granted. Tens of millions of these coins were set aside in rolls when they were issued because everyone thought they'd be valuable, but almost no one bothered to look at the coins and see that they were almost all very poorly struck and were covered in marks. So this didn't drive people to seek the finest examples which are available in the '75 and '76 mint sets. The best of these coins are fully struck and very proof like. They have a satiny luster which isn't much seen on gems from that era. They are extremely scarce in the '75 set accounting for only about .5% of production but abound in the '76 set at about 3%. One knows that people weren't looking at these coins because these numbers didn't change over the years. Even today after a couple years of heavy cherry picking these coins still regularly show up in these sets albeit at a lower rate.

    Saving typical circ examples is not going to make one rich. Today they wholesale at $14 per roll and there are probably more in circulation than ever before. Nearly half the mintage is in circulation but the attrition on this date is low since these haven't circulated extensively. Attrition is probably around 15% or a little higher. As an investment these are a real long shot. With so many available it would take an enormous demand to push the price up. Ones exposure to loss though is much higher than the mere quarter one sets aside. Inflation can devastate this investment over a sufficiently long period.

    Some gems now sell for up to $2,000 per coin, and this is not a bad rate of return for a quarter.
     
  17. Pennycase

    Pennycase New Member

    Needless to say, I don't care that collectors are dumping these bic quarters into banks and stores, that's how I bring home at least 5 a day :D, please send me more, thank you.
     
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