1982 quarters

Discussion in 'Coin Chat' started by Micky, Nov 19, 2020.

  1. Micky

    Micky New Member

    Are the 82 quarters that big of a deal that I should put them up ?! And if so why are they so special ?
     
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Are they errors ?
     
  4. DEA

    DEA Well-Known Member

    I think Micky is referring to the 'value' of 1982 quarters; specifically, mint state quarters. Denver issued 480,042,788 in 1982, while Philadelphia pumped out 500,931,000 in 1982. Those numbers are not (to me) significantly less than what Denver and Philadelphia issued a year later or a year earlier. However, my understanding is that few people put aside freshly minted 1982 quarters and thus those 1982 quarters, in uncirculated condition, are, relatively speaking, rare. If memory serves (and it often doesn't), those in the know attribute the lack of mint state 1982 quarters to the poor economic situation in 1982.

    So, short answer, I think if you come across any 1982 quarters in mint condition, yes, put them up. I would. But if not in uncirculated condition, even extra fine, it likely is not worth keeping more than one or two. On the other hand, I'd keep any I find in EF or better because I'm just that way.

    If I'm way off base, Micky, sorry to have wasted your time! And welcome to CoinTalk!

    David
     
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  5. Lawtoad

    Lawtoad Well-Known Member

    The U.S. Mint did not produce/ issue any mint sets in 1982 or 1983. As a result MS quarters are not as plentiful. The only uncirculated sets that were available were souvenir sets sold at the mints in their respective gift shops. As noted by David, people did not set aside freshly minted quarters so higher grade quarters are more difficult to come by.
     
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  6. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Wow. good to know
     
  7. cladking

    cladking Coin Collector

    Nobody set aside clad after 1966. Nobody noticed it wasn't set aside because nobody collected it and there were ample numbers of fresh mint sets of far higher quality than the coins in rolls. Everyone knew that there would be no mint sets in 1982 so thousands of rolls were set aside. But the thing is more and more and more people collect clad every year starting around 1980 and thousands of rolls don't go very far. The rolls were split up and sold individually and few are left.

    Only about 80,000 (P) coins were saved because quality was abysmal and it was hard to find any coins worth saving. But demand is still so weak that it's unknown that nice quality MS-64 or better examples are quite scarce. Even though nice coins go6t saved most are ugly MS-64 or lower. The coins were poorly struck by overused dies and most were heavily marked in distribution. Nice examples from new dies are virtually unknown. Keep in mind that dies struck nearly a million coins in those days so finding one from the first ten strikes even in a population of 80,000 is difficult or impossible. Dies weren't aligned well or set properly so even fresher die strikes are rarely fully struck.

    It's a tough date above AU55. Nice AU-58's are highly elusive but ugly sliders are almost common. It is sliders that are in most of the retail sets. Dealers just can't get Uncs so they use sliders. If they competed for real Uncs the price would be far higher.
     
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