Ebay prices on State Quarters, WOW! Has anyone seen the prices on St Quarter Mint Sets closing prices on ebay? Mint wrapped only - 2 rolls per P & D Tenn. P and D - $250.00 New York - 162.50 N.Carolina - 90.00 RI - 133.75 Ala - 89.00 4 days to go Maine - 85.50 4 days to go Texas - 45.00 Fla. - 45.00 Kentucky - 100.00 Missouri - 86.00 Virginia - 79.00 OHIO - 78.00 Vt. - 130.07 Nickels - Peace - 50.00 Keel - 15.00 Per set Just to name a few. WOW!!!!!!!!!! Where are we headed BWJR
To add to the insanity....the sets start at $32 if bought from the US Mint....add in shipping and handling and your paying almost $40 for $20 of worth quarters in a pretty wrapper. Some might agrue that they're, "early strikes" and such...but its still paying double to me.
When new coins are issued it's not unusual for some potential buyers to miss out. Frequently this and speculation will push the price of new coins up above issue price for a few years and then they are left to the mercies of supply and collector demand. Fifteen years ago this almost invariably meant that the prices would tank for almost all late date coins after two or three years. In the long run the price of these rolls will be determined strictly by the coins in them. Good rolls will bring stronger prices than bad rolls and unopened ones will tend to gravitate to about where the odds of finding choice specimens would dictate. From what has been reported the coins in the rolls aren't special in any way. First strikes no longer really mean anything in an age where dies are swapped out on a regular basis right from the beginning. Since it is collectors who are buying these it may not be wise to write off the value of these rolls. It's not impossible that the mint has increased the quality and they are a cheap source of choice examples. It's most likely just people willing to pay too much for a popular product so they can have it now rather than wait until the prices become more in line with bank rolls.
Mint rolls Mint rolls- I agree, with one exception. The mint rolls are handled more carefully in a seperate room than the ones that go in a bag and sent to the Fed Banks. The mint rolls in most cases will grade out between MS65 and MS68, where as the bank bags and bank rolls with bag marks will grade out much lower, Uncirculated, but much lower MS63 etc.. This makes the Mint rolls choice coins and thus much more desirable and valuable. BWJR
BWJR - what makes you think this is true ? To the best of my knowledge it is not. Perhaps you are confusing the coins that go into the Mint Sets with Mint rolls. Yes - the coins in Mint Sets are handled more carefully and are struck on different presses than regular circulation coinage. But the coins you find in rolls sold by the Mint - they all come from the same hoppers as the coins bagged and shipped to the Fed.
Mint Rolls Gdjmsp, I Have Spoke To A Few Coin Dealers And They Have Agreed That These Coins Are Handled Differently. If You Look Carefully At The Bank Rolls And Compare Them To The Mint Rolls It Is Easy To See That There Are Many More Bag Marks On The Bank Rolls. In The Case Of The Mint Rolls The Bag Marks Are Very Rarely Seen On George's Face, Which Is One Of The Ways To Grade The Front Of A Wash Quarter. Take The Time And Look, You'll See What I Mean. I Have A Close Friend That Worked For The San Fran Mint I Will Double Check With Him To See If He Can Shed Any Light On This. Take Care, Bwjr
My two cents: By Cody. I purchase my unc rolls at the bank, and I end up getting better than what I am seeing in these so called "mint sets" ..... Too bad i'm not a slab person.
BWJR - Trust me - it's not true. I cannot imagine a coin dealer telling you something like that - they should know better. But you don't have to take my word for it. Write to the Director of the Mint and ask - I'll send you her email address privately if you wish.
I would imagine a lot of coin dealers would tell their customers that the mint wrapped rolls have better coins in them than those at the banks, especially if they are trying to make money from the mint wrapped rolls
It sort of stands to reason that if the coins are wrapped at the mint, they will have fewer contact marks simply because they don't travel across the country with 3999 other coins in a cloth sack. I think that's the ONLY reason that mint wrapped rolls may contain higher grades than bank bags or bank rolls/brinks rolls, which are not rolled at the mint. My understanding is that the coins get no special treatment at the mint. Nick
