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Arizona State Quarter "Extra Cactus" (long read)
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<p>[QUOTE="sf340flier, post: 396413, member: 5806"]Semi-long read, so cruise past if crunched for time...</p><p><br /></p><p>Even though I am not a big collector of moderns, the other night I did a search on ebay for state quarter varieties, and came across the so-called "extra-cactus" variety. Apparently, Coin World did an article on this on June 30, but I no longer have a subscription so I missed it.</p><p><br /></p><p>So the next day, I decide what the heck, and have my local dealer pull a couple of rolls worth out of his mint bag. I got them home, and found about 1/3 had the "extra cactus" covering the designer's initials (JFM) and 13 out of the 80 had the "extra cactus" covering both the initials and the date.</p><p><br /></p><p>I went back to my dealer, told him about the errors I found (he was unaware of these -- we have a great relationship), and we split the rest of the bag between us. I have since found several more of the date covering cactus variety (and I'm assuming he did as well). He sells quite frequently on ebay, so I'm sure he plans on listing his finds asap (because he is a dealer of course).</p><p><br /></p><p>For those not familiar with this error, here are some pictures from ebay (not me or my dealer). The middle and bottom photo are normal dies, while the top one is the variety (note the date and the initials are covered):</p><p><br /></p><p><img src="http://i292.photobucket.com/albums/mm27/sf340flier/arizona_quarter.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>My question for the group: the date covering variety is fetching around $20-$25 bucks right now on ebay, and the inital-only covering variety is getting $3-$5. What is everyone's opinion on whether these are truly rare and worth a long-term hold, or whether I should fire sale them this weekend? I will keep a few for myself as a collector no matter what.</p><p><br /></p><p>I'm trying to figure out whether I got a lucky bag, or is everyone finding these?</p><p><br /></p><p>As a thanks in advance, and for all the help from everyone over the years, I will hold a giveaway! I'll post the details in the giveaway forum, but the winner will be chosen at random and will get a date-covering extra cactus Arizona BU quarter from my hoard (including shipping)! These are currently selling for $20-25 on ebay right now.[/QUOTE]</p><p><br /></p>
[QUOTE="sf340flier, post: 396413, member: 5806"]Semi-long read, so cruise past if crunched for time... Even though I am not a big collector of moderns, the other night I did a search on ebay for state quarter varieties, and came across the so-called "extra-cactus" variety. Apparently, Coin World did an article on this on June 30, but I no longer have a subscription so I missed it. So the next day, I decide what the heck, and have my local dealer pull a couple of rolls worth out of his mint bag. I got them home, and found about 1/3 had the "extra cactus" covering the designer's initials (JFM) and 13 out of the 80 had the "extra cactus" covering both the initials and the date. I went back to my dealer, told him about the errors I found (he was unaware of these -- we have a great relationship), and we split the rest of the bag between us. I have since found several more of the date covering cactus variety (and I'm assuming he did as well). He sells quite frequently on ebay, so I'm sure he plans on listing his finds asap (because he is a dealer of course). For those not familiar with this error, here are some pictures from ebay (not me or my dealer). The middle and bottom photo are normal dies, while the top one is the variety (note the date and the initials are covered): [IMG]http://i292.photobucket.com/albums/mm27/sf340flier/arizona_quarter.jpg[/IMG] My question for the group: the date covering variety is fetching around $20-$25 bucks right now on ebay, and the inital-only covering variety is getting $3-$5. What is everyone's opinion on whether these are truly rare and worth a long-term hold, or whether I should fire sale them this weekend? I will keep a few for myself as a collector no matter what. I'm trying to figure out whether I got a lucky bag, or is everyone finding these? As a thanks in advance, and for all the help from everyone over the years, I will hold a giveaway! I'll post the details in the giveaway forum, but the winner will be chosen at random and will get a date-covering extra cactus Arizona BU quarter from my hoard (including shipping)! These are currently selling for $20-25 on ebay right now.[/QUOTE]
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Arizona State Quarter "Extra Cactus" (long read)
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