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Assembling a 1932-1998 Washington quarter set from "junk" silver and bank rolls
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<p>[QUOTE="cladking, post: 26559710, member: 68"]The 1970 is another toughie in nicely made well worn condition. The mintage was higher than the '68-D and '69-D but a lot were made by worn dies and aren't going to look good unless they wear down to AG and hide it. They'll all be lost long before this can happen. The 1966 is a sleeper for the same reason: Even with its astronomical mintage most were extremely poorly made. It's also older and most were released before the end of 1967 giving it a major head start on the '68-D that wasn't completely in circulation until 1975. The mint adopted FIFO accounting in 1972 which required them to ship out the oldest stock first but it took three years to completely cycle through all the coins. A lot of the older dates (especially 1965) were being released through 1975 so you could still find nice AU '65 issues until the mid-'90's when the '66's were long gone in high grade.</p><p><br /></p><p>Now days VG's and F can be top end for some of these dates if you insist on nice looking coins that are well struck, evenly worn, and not badly scratched. Every once in a while I'll see a nice VF old timer but most of these probably had very little circulation in this century.</p><p><br /></p><p>Since 1999 collectors have been picking off a few high end coins and this combined with the relentless degradation of coins in circulation makes collecting quarters from circulation extremely challenging. Of course there are other factors coming into play as well. In the mid-'90's in the golden age of collecting eagle reverse coins there were 8 or 10 nice collectible coins in every roll. Very soon there won't even be 8 or 10 eagle reverse coins because of attrition and the vast mintages of bicentennial, states, parks, and women's issues. This makes it really tough to even find a few of the older dates so you can pick out a nice one.</p><p><br /></p><p>Anyone who just keeps plugging away can come up with a nice set but few do it so few realize how tough they've become. In five boxes of coins there should be a nice set with most of the keys in nice attractive F or better and VF for older coins and XF/ AU for the later dates. I never imagined I'd see it but AU's eagle reverse quarters are no longer common and even nice XF's are getting harder to find.</p><p><br /></p><p>One of these days collectors will start snapping up all the key dates that aren't bad culls. I don't recommend it because there are too many of them. But the numbers suggest this isn't as stupid as it sounds because high attrition is making these coins scarce and dilution is making them very hard to find.</p><p><br /></p><p>Total coin usage could drop at any time because government is still suppressing cash and even quarters are almost irrelevant any longer. About the only place to actually spend quarters any longer is yard sales. If these start backing up in the system mintages will plummet and the whole picture changes.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 26559710, member: 68"]The 1970 is another toughie in nicely made well worn condition. The mintage was higher than the '68-D and '69-D but a lot were made by worn dies and aren't going to look good unless they wear down to AG and hide it. They'll all be lost long before this can happen. The 1966 is a sleeper for the same reason: Even with its astronomical mintage most were extremely poorly made. It's also older and most were released before the end of 1967 giving it a major head start on the '68-D that wasn't completely in circulation until 1975. The mint adopted FIFO accounting in 1972 which required them to ship out the oldest stock first but it took three years to completely cycle through all the coins. A lot of the older dates (especially 1965) were being released through 1975 so you could still find nice AU '65 issues until the mid-'90's when the '66's were long gone in high grade. Now days VG's and F can be top end for some of these dates if you insist on nice looking coins that are well struck, evenly worn, and not badly scratched. Every once in a while I'll see a nice VF old timer but most of these probably had very little circulation in this century. Since 1999 collectors have been picking off a few high end coins and this combined with the relentless degradation of coins in circulation makes collecting quarters from circulation extremely challenging. Of course there are other factors coming into play as well. In the mid-'90's in the golden age of collecting eagle reverse coins there were 8 or 10 nice collectible coins in every roll. Very soon there won't even be 8 or 10 eagle reverse coins because of attrition and the vast mintages of bicentennial, states, parks, and women's issues. This makes it really tough to even find a few of the older dates so you can pick out a nice one. Anyone who just keeps plugging away can come up with a nice set but few do it so few realize how tough they've become. In five boxes of coins there should be a nice set with most of the keys in nice attractive F or better and VF for older coins and XF/ AU for the later dates. I never imagined I'd see it but AU's eagle reverse quarters are no longer common and even nice XF's are getting harder to find. One of these days collectors will start snapping up all the key dates that aren't bad culls. I don't recommend it because there are too many of them. But the numbers suggest this isn't as stupid as it sounds because high attrition is making these coins scarce and dilution is making them very hard to find. Total coin usage could drop at any time because government is still suppressing cash and even quarters are almost irrelevant any longer. About the only place to actually spend quarters any longer is yard sales. If these start backing up in the system mintages will plummet and the whole picture changes.[/QUOTE]
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