How do you guys think the 2008 clad and silver proof state quarters will fare value-wise in the coming years? From what I've heard, the 2008 clads will be the lowest minted clad state quarters and the silver proof set could be the lowest minted of all the silver proof sets issued in the state quarter era. Just give me YOUR opinion!
I've got to believe the proof sets both clad and silver will appreciate more than the previous years just based on the lower mintage numbers. The only question is when? I have read posts here of people stocking up to take advantage of the low production. It still seems like a long shot to me. If you can handle volumes, say hundreds of sets, and live with a small markup you might make some money. JMHO
Alrighty, the modern basher is here! I believe that the state quarters are, and will not ever be RARITIES, or anything like that. I think they were fun to collect, to fill up those maps, and fun to see in change, but lets face it, the popularity won't go up, it all has to do with supply and demand, and there is enough supply to meet the demand. These coins are nice looking coins, even though I consider them, mintage and value wise, to be thrown in the modern crap bin... They are fun to collect, and still are cool to see in change, but I think in BU condition they will never go for very much more over face value. (Unless it is graded TOP POP coin)
I can and will agree with this to a point. Novelties like these coins might be "hot" at the moment, but there are some issues that arise in common trade, commerce and collecting. a) retailers don't really like them because cash drawers are not set up to take them, and lets face it take a good look at cashiers at places. b) people are buying rolls and collecting them in roll form they are also putting them in albums in BU form and circulated form and putting them away. c) Collectors are buying them and plan to hold them and get them graded now and at a later date. Those are 3 major points and there are more, but when all is said and done the cirulated coins will be put away, melted, lost and whatever other things happen with them. Collectors of them will be of the serious and non-serious ilk and with that it comes oddities. People die and pass them on to people that don't care about them and sell them off, or they get stored and found years and decades later, etc. Lastly, even the serious collectors that are looking for the Proof 70's will tire of the lack of return and store, sell or just move them, so I believe that the only people that will get some type of return on these are at least 4 to 10 generations from now. The good news is you can buy a roll of uncirculated for face value and have an album of awesome specimens that are worth exactly face value, so the investment is just that. The bad news is that in your lifetime your only return will be exactly what you paid for them, minus the holder and if you are lucky you might get the grading fees back plus a small premium, maybe. In the end you are really out nothing and if you like them, does it really make a difference if you are a "collector" in the true sense of the word?
If you are never afraid on taking a hit on an item, go for it. I like to think my purchases over, although we have all made impulse buys If you are okay with buying all these state quarters in BU condition over face, then later on, finding out they haven't increased in value, but you collect because you like um', that is okay :thumb:
That was kind of my point. I started a thread earlier in the week asking about them because I walked into the bank and all the tellers know me and that I am a dollar coin collector and seller (seller in that I have 1 case in my silver jewelry store). They told me that they had 2 unopened rolls, 1 each Jefferson and Tyler. I bought them at face, had no idea of mintmark so I cracked open the Jeffs, all P and all uncirc'd. Neato, now what? I decided I will fill a couple albums and give the rest to my nephews and neices kids, age 16 to a couple months. I highly doubt they will be worth anything in their lifetimes, but if it gets them interested or they have the forsight to save them and pass them on, maybe someday somebody of relation will have something, or maybe not. All said and done, it is not so much money that I will ever fret about, I can always spend them on nothing for exactly what I paid for them (minus inflation, lol).
http://cgi.ebay.com/TENNESSEE-QUART...dual?hash=item4148219865&_trksid=p3286.c0.m14 http://cgi.ebay.com/2001-P-Illinois...dual?hash=item3a51bd4e3b&_trksid=p3286.c0.m14 http://cgi.ebay.com/1999-P-MINT-GEO...dual?hash=item4a99d3ded0&_trksid=p3286.c0.m14 These states have sold at 2X face for years (they are now at 4X face). These prices will not recede, as a matter of fact we will see other states pop up to these levels in the next few years.
My bad, I was thinking the pres dollars and now I see it is the state quarters. Most of the things I posted can still apply except the retail cashier/register aspect but other than their original "new coin smell", how long will it last?
Guys, guys, get it right now. I'm asking your opinion on the 2008 clad and silver proof quarters, not the uncirculateds. Can I get some input on those?
Since I bought a bunch of 2008 clad and silver proof sets, I'm hoping for a big increase in value. The clad proof sets have seen a big increase but I'm not sure if it's caused by the state quarters. I like the state quarters and have many books. The proof sets are a difficult thing to judge. I'm still sitting on a bunch of 60, 70, and 80 sets. They don't seem to move much in value. I think the 2009 sets will inflate. Of course, I've been wrong before.
What do you guys think of the Hawaii proof coin, just by itself? Do you think examples graded PF70 UC/DC by NGC or PCGS could be like the Delaware quarter and hold a huge premium over the other 2008 state quarters?
the state quarters series were affected by the territorial quarters. the terr. quarter mintage were so low.
hey now I've made my fair share of money on the state quarter program and I'm sure alot of people have too! I think though the future $$$ to be made on them is simply high grade slabs and the few that were low mintage other then that it's just a common collectible like topps baseball cards in the last 30-40 years
Guys, I'm talking about the proof state quarters! Any opinions on the 2008 Hawaii proofs? Do you think one will be more valuable than the other?
