Price of 2019 and 2020 W Quarters

Discussion in 'US Coins Forum' started by dimeguy, Jun 4, 2021.

  1. baseball21

    baseball21 Well-Known Member

    Already been discussed and answered and the W were a massive success of generating interest
     
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  3. Marshall

    Marshall Junior Member

    Success means different things to flippers and collectors.

    Geritol was a success for Geritol. But the consumers might not have agreed if it was upfront about it's alcohol content when sold to tea teetotalers. It was as effective as a shot of whiskey.

    Geritol was forced to label and then sold out to a conglomerate when it's alcohol content was revealed.

    So it was a success for it's financial backers. I suppose it equates to success for Mint Intended artificial rarities and flippers.
     
  4. baseball21

    baseball21 Well-Known Member

    Its really the same for both, flippers cant flip if collectors don't want it. You really couidnt even flip the W anyway as it wasnt something you just bought from the mint, you had to be lucky enough to find it or put in effort searching bank rolls. Selling things isn't an illicit activity either like many on forums make it out to be
     
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  5. John Burgess

    John Burgess Well-Known Member

    The initial intention was to just do them in 2019 to generate interest. they did them again in 2020 for the V75. it wasn't intended to continue until the end of the ATB series, or even into 2020, this is why the first release of Samoa in 2020 was delayed, it was last minute basically to do it for a 2nd year.

    Could they have done it? Sure. But I think with covid screwing things up through 2020, and everything else on their plate for 2021 with the morgan dollars, Silver eagle transition, ect., they decided to let the W hunt sunset and focus on what they had to do that was on their plate. Who knows though, maybe they do it again, I think it was successful, and pulled off about as best as could be given the circumstances of the distribution chain, perfect, no. but it was pulled off.

    Personally I dislike the S business strikes, I think it's stupid that the series started in 2010, and they do those starting in 2012 until the end of the series. it's incomplete from the start. At least with the Ws, they did it for a year, then a 2nd year, and it's 2 stand alone sets that makes sense (at least to me). The Partial S mint ATB series vexes me, but I try to justify it as a series of single year series of 5, like I do with the Ws.

    I still haven't collected the S mints though.
     
  6. Marshall

    Marshall Junior Member

    Dealers have their place and their function is often noble. It's just a bit different from
    the non-investor/collector.

    I just have a problem with artificially created collectable rarities in general and a particular problem with using the Government to supply favored nation distribution systems with artificial rarities.
     
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  7. baseball21

    baseball21 Well-Known Member

    Yea regardless they really had to stop it after the coin shortages were happening from things not circulating back during the dumb lockdowns. The last thing they needed was to have something encourage coin hoarding searching for the Ws
     
  8. Marshall

    Marshall Junior Member

    What a convenient excuse to round every purchase up to the next dollar.

    It's on sale for 99 cents. That will be $1.07 with tax. Oh! you don't have change? That will be $2.00.
     
    Last edited: Jun 11, 2021
  9. baseball21

    baseball21 Well-Known Member

    So you basically just have a problem with moderns then. Were not going to be alive 150 years from now where one may actually become rare from being used or lost. Low mintages get people excited and makes it desirable, then people complain its hard to get but the same people will complain when its over produced and no one cares. It was a face value fun circulation item. No one is hurt by not getting one, the mint did a fantastic job of creating excitement with them
     
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  10. John Burgess

    John Burgess Well-Known Member

    I'm 50/50 on the sentiment. what I mean is, if they produced everything with unlimited mintages, then there would be no rarities at all Most of the rarities that aren't seen as artificial, are due to scrapping of a lot of the run of that coin or an error, or straight up made just for certain people and not for everyone.

    If San Francisco mint decided to scrap the 5 days of run in 1909 instead of just letting it ride, the S-V.D.B. wouldn't exist, does that make it artificial too, because they ended that design just 5 days after striking it, then deciding to let them loose?
    the 1909 S V.D.B. can be seen as just as artificial as anything else.

    Can you elaborate on " a particular problem with using the Government to supply favored nation distribution systems with artificial rarities" ?

    you lost me there, not sure what you're talking about.
     
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  11. Marshall

    Marshall Junior Member

    Live and let live. Everybody doesn't have to like it.
     
  12. CoinJockey73

    CoinJockey73 Well-Known Member

    I've found a few. I'll post
     
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  13. Marshall

    Marshall Junior Member

    Every mint product not intended for circulation is artificial. Even earlier presentation pieces, proofs, proof sets, mint sets and commemoratives were artificial, but at least some of them were available to the public without being run through a third party.

    But Viva la Snake Oil for those that can get away with it.

    But to be fair, the W quarters were at least intended for circulation, unlike many other "special" collector items.
     
    Last edited: Jun 11, 2021
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  14. John Burgess

    John Burgess Well-Known Member

    Got ya Marshall, the mint doesn't run them through a 3rd party, it's direct sales though, however, people will game any system.

    I feel ya on dealers getting a sizeable portion of mintages and flipping for profit on some items, but also I can see why the mint would want to throw the dealers, and in fact the hobby and collector, a bone or two during a trying time as well to keep the hobby, and the coin dealers alive when their doors are shut during the pandemic. It doesn't explain it all, but I can see the mint wanting to pump some sort of something interest into collectors and dealers during a difficult time, and they would be one of the few that actually could do it to the hobby.

    personally I feel OK about that happening, maybe not all the time, but just generally when needed. I'm not wanting coin collecting to become stamp collecting. Try finding a stamp shop that's not the post office nowadays LOL
    If the mint can make an item and some dealers can flip them and keep their business alive so I can have coin shops to go to, I can live with that, now if the mint decides to convert everything they make to "authorized dealers", and no longer attempt to sell directly, I'd be done with the hobby completely, it would be a nail in the coffin for coin collecting in my opinion. the interest wouldn't be there for most folks without a speculative profit to chase.
     
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  15. whopper64

    whopper64 Well-Known Member

    Massive success? Do you mean for the lucky ones who found them in rolls and then sold them for 1000% profit? Based on past comments on CT, methinks more frustration and disgust than a "success". Typical U.S. Mint and their questionable ideas in the past 10 years. Considering the Mint has numerous scatterbrained ideas each and every year, they could have easily struck "W" quarters for one more quarter in 2021. They found time to strike at least 5 million "S" business strike ATB quarters.
     
  16. baseball21

    baseball21 Well-Known Member

    Then you'd be wrong. It was a massive success in every measurable aspect. A handful of people complaining on a forum is not representative of anything
     
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  17. CoinJockey73

    CoinJockey73 Well-Known Member

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  18. whopper64

    whopper64 Well-Known Member

    So CT members are "not representative of anything"? I would think that most CT members are knowledgeable collectors, and I value their viewpoint moreso than anything one might find on the internet or Boob-Tube. The only frenzy the "W" ATB quarters generated was selling them for a ridiculous profit, and CT members who still can't find any in general circulation.
     
  19. Beardigger

    Beardigger Well-Known Member

    I think the problem is that the "great coin hunt"was a good idea, but it wasn't well marketed outside of coin related media. My dad was a coin collector, so I knew enough to know that when I found a quarter with a W mint mark, it was an oddity. Once I investigated and figured it out.....I then knew what was going on. It did it's job and peaked my interest in coin collecting. However, if you asked any of my non collector friends about W quarters.....they would not have known. So the W's will pretty much stick in the coin community. I have done my best to inform since then, and my friends have a W quarter now. But none have found them in circulation.
     
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  20. Chris Winkler

    Chris Winkler Well-Known Member

    Yes...
     
  21. Mark68

    Mark68 Well-Known Member

    Just sounds like sour grapes. I wouldn't be searching quarters if it wasn't for W's. I definitely don't sit around waiting for something to happen. A lot of time and effort was put in accumulating my hoard. Haven't sold a single one. If you want them go out and get them, because they're still out there. 3 rolls in and already found one. 20210611_134721.jpg 20210611_134729.jpg 20210611_134742.jpg
     
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