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<p>[QUOTE="cladking, post: 3278483, member: 68"]What I meant was not even 100,000 were set aside. </p><p><br /></p><p>Attrition on these hasn't been so staggering as the attrition on most moderns but is still substantial. A lot of dealers will tell heirs who bring clad into the shop to just spend it. Others are lost in disasters. </p><p><br /></p><p>This is hardly a "rare" coin in BU but many of the older coins that have big price tags are more common. And unlike the older coins which are often collected in grades down to Fair most clad is collected only in BU or down to nice XF. </p><p><br /></p><p>But the biggest thing is that there are huge numbers of Gem and high end BU collections of clad quarters. In this case I mean there are several of thousands of them but this date (and others) are actually much scarcer than the number of collectors. </p><p><br /></p><p>These coins tend toward the awful. I have far more experience with the '82-P which is different than (but comparable to) the '83-P so will speak to it instead. This coin was very poorly struck. I've seen examples from every single die and only a very few ever could have made a nice coin because they were aligned poorly and set at too low of pressure. Then these dies were overused extensively. The coins were usually scratched in the coin handling equipment. </p><p><br /></p><p>Nobody cared about collecting clad in those days and the mint didn't care what they looked like so most looked like junk. Since nobody cared nobody set aside any of this junk anyway. Most of what survived, survived "accidently" or in mint sets made to fill a very unsophisticated demand. </p><p><br /></p><p>It was exceedingly difficult to find nicely made coin back in those days and '82 and '83 were worse. </p><p><br /></p><p>WashQuartJesse shows a spectacularly made coin above but I'd guess there weren't even ten or twenty of this quality that survive today if the picture is indicative of true appearance. I'm not sure there is a single '82-P that I'd grade a true Gem (MS-65). Sure the services grade many poorly made coins at this level but it doesn't change the fact that even nice MS-64's are rare for the '82-P. </p><p><br /></p><p>I expect demand to continue to creep higher for clads and for the collections for which they are demanded to continue to grow and improve. I don't know how a demand for tens of thousands of coins where the supply is essentially "zero" to not have an effect on price and the ability to locate choice specimens. </p><p><br /></p><p>I don't really have any nice '83-P's despite advertising to pay $40 @ all through the '80's and '90's. I never got lucky. I did get lucky with the even scarcer '82-P and was able to set several aside. Just like with varieties, if you could find one nice gemmy coin there would be others with it.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 3278483, member: 68"]What I meant was not even 100,000 were set aside. Attrition on these hasn't been so staggering as the attrition on most moderns but is still substantial. A lot of dealers will tell heirs who bring clad into the shop to just spend it. Others are lost in disasters. This is hardly a "rare" coin in BU but many of the older coins that have big price tags are more common. And unlike the older coins which are often collected in grades down to Fair most clad is collected only in BU or down to nice XF. But the biggest thing is that there are huge numbers of Gem and high end BU collections of clad quarters. In this case I mean there are several of thousands of them but this date (and others) are actually much scarcer than the number of collectors. These coins tend toward the awful. I have far more experience with the '82-P which is different than (but comparable to) the '83-P so will speak to it instead. This coin was very poorly struck. I've seen examples from every single die and only a very few ever could have made a nice coin because they were aligned poorly and set at too low of pressure. Then these dies were overused extensively. The coins were usually scratched in the coin handling equipment. Nobody cared about collecting clad in those days and the mint didn't care what they looked like so most looked like junk. Since nobody cared nobody set aside any of this junk anyway. Most of what survived, survived "accidently" or in mint sets made to fill a very unsophisticated demand. It was exceedingly difficult to find nicely made coin back in those days and '82 and '83 were worse. WashQuartJesse shows a spectacularly made coin above but I'd guess there weren't even ten or twenty of this quality that survive today if the picture is indicative of true appearance. I'm not sure there is a single '82-P that I'd grade a true Gem (MS-65). Sure the services grade many poorly made coins at this level but it doesn't change the fact that even nice MS-64's are rare for the '82-P. I expect demand to continue to creep higher for clads and for the collections for which they are demanded to continue to grow and improve. I don't know how a demand for tens of thousands of coins where the supply is essentially "zero" to not have an effect on price and the ability to locate choice specimens. I don't really have any nice '83-P's despite advertising to pay $40 @ all through the '80's and '90's. I never got lucky. I did get lucky with the even scarcer '82-P and was able to set several aside. Just like with varieties, if you could find one nice gemmy coin there would be others with it.[/QUOTE]
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