Are there any state quarters worth more than the red book states

Discussion in 'Coin Chat' started by Joy Matherne, Jul 3, 2019.

  1. Joy Matherne

    Joy Matherne Pro life for coins...

    Have a roll of uncirculated coins was wondering if any are more valuable just by condition alone
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The Red Book usually overstates the value of most coins. Submitting the average uncirculated SQ for grading would be a losing proposition, and as a raw (ungraded) coin it is generally thought to be worth no more than face value.

    Chris
     
  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Last year a friend Of mines father passed and my friend inherited a huge coin collection. His father had hundreds of rolls of Uncirculated state quarters and what he labeled as “new buffalo nickels”. There was quite a hoard of nice collectible stuff too but lord have mercy at the modern rolls. I wanted to help my buddy maximize the cash he had coming, but I could not find a soul interested in those rolls of Uncirculated state quarters. They ended up deposited in the bank..... I rather don’t think in our lifetime there will be much more than face value in the state quarters.
     
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  5. johnmilton

    johnmilton Well-Known Member

    The huge popularity of the State Quarter Series when they were issued resulted in a huge inventory of Mint State coins. There is little chance that run of the mill Mint State coins will be worth than face in the next half century at least.
     
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  6. Michael K

    Michael K Well-Known Member

    The S mint business strike coins will be worth more, because less are produced.
    The state quarters all made a ton of product but a few of the parks quarters have lower mintages. Acadia, El Yunque, Chaco Culture. I believe those 3 are the lowest.
     
  7. calcol

    calcol Supporter! Supporter

    Ironically (or cupronickelly), for some time to come, the most valuable state quarters will be error coins. It's a case of the imperfect triumphing over the perfect. Gives me hope. :)

    Cal
     
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  8. happy_collector

    happy_collector Well-Known Member

    Agree. Major state quarter errors, such as multi-strucks and die caps, are cool-looking and quite rare. Thus the higher prices. :happy:
     
  9. 2x2 $averKrazy

    2x2 $averKrazy Hopelessly coined in

    the best thing about state quarters is that they sparked a huge interest in coin collecting across the country , with kid, and seniors alike , gotta love that if ya love the hobby !!!
     
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  10. johnmilton

    johnmilton Well-Known Member

    Agreed. When I was dealer, another dealer gave me State Quarter error coins on consignment, usually in NGC holders. I sold almost all of them at the first show I put them out for sale. Prices could reach several hundred dollars for the most significant errors.
     
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  11. cladking

    cladking Coin Collector

    The Redbook overprices old coins and underprices moderns. In addition to a few other states coins I'd hang on to any 2005 or later Gem.
     
  12. johnmilton

    johnmilton Well-Known Member

    The Red Book numbers are a reflection of lower grade modern coins, not Gems. Back in 1999, a dealer had a group of Delaware quarters that were in PCGS MS-65 holders. He was charging $35 and $40 for them. I looked at them, and the term “pocket change” instantly came into my mind. The luster was average, and they all had little marks on them. There was nothing outstanding about them at all.

    A month or so later, one of his customers was yelling at him ferociously about he had ripped him off with the “Gem quality” quarters. I was not surprised. If it’s certified, it needs to be called MS-67 or better to amount to much.
     
  13. Conder101

    Conder101 Numismatist

    MS-65 used to be the "definition" of Gem.

    Last I knew (which has been awhile) common P & D MS rolls were worth about $11.50 a roll.
     
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  14. 2x2 $averKrazy

    2x2 $averKrazy Hopelessly coined in

    while every one was scrambling for. quarters ,I chose to persue the president dollars, supply and demand equals abundance ! as a collector I like the rare stuff , did run across this 99 in change that's gold or brass in color , and I compared it to the gold plated ones slietly different yet 15622629977522227040750421891164.jpg 15622630286557618937624538068763.jpg
     
  15. cladking

    cladking Coin Collector

    Yeah, a lot of certified "Gems" just means they aren't scratched up real bad. It used to mean that they were well struck by good dies and had very little marking.

    People have no clue how tough a lot of moderns really are in true "Gem". DE was one of the toughies because the mint hadn't been concerned about quality since around 1962. People complained about the quality of the early states coins and the mint started making some improvements.
     
  16. calcol

    calcol Supporter! Supporter

    "Gem" has a couple of meanings. It can refer to the grade alone, in which case any MS65 is a gem. But many folks add in condition rarity as well. So in that case, a MS65 state quarter is not a gem. A MS67 would be the lowest that would qualify as a gem, and some might feel that's too low.

    Would anyone consider a regular MS65 ASE minted in the last 20 years a gem? Only if condition rarity is completely ignored.

    Cal
     
  17. cladking

    cladking Coin Collector

    Good point.

    Some coins are all MS-65 or better so the term "Gem" loses its meaning applied to them.
     
  18. cladking

    cladking Coin Collector


    You can easily get $12 per roll for nice original rolls of most of them. There are a few that bring as much as $20. ...Not many.

    You'd probably have to sell at 11 or 11.50 if you want to sell common dates quickly. Of course this won't even cover postage so a lot are just dumped into circulation. I think this is a shame since some of the low demand states aren't all that common and really nice coins from every state are worth holding on to. But there are still quite a few coins dating back to 1999 getting into circulation. I see them frequently in rolls.
     
  19. Cheech9712

    Cheech9712 Every thing is a guess

    I never knew they mint circulated S mint business strikes. Or are you meaning proof sets? Of state quarters that is.
     
    Last edited: Jul 5, 2019
  20. green18

    green18 Unknown member Sweet on Commemorative Coins

  21. Michael K

    Michael K Well-Known Member

    I must be thinking of the parks quarters. I sort of lump the state quarters with the parks quarters.
    The state quarters made clad proofs and silver proofs from San Francisco.
    Starting in 2012, besides the clad proofs and silver proofs, they made business strike coins with S mint marks, although they are probably NIFC.
     
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