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Has roll collecting (hoarding) ruined our hobby?
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<p>[QUOTE="CamaroDMD, post: 444484, member: 5233"]Except, there are many years that aren't known for hoarding. It's true that the state quarters have been hoarded like there is no tomorrow...but what about quarters from the 1970s and 1980s. They were all produced by the half billions or so. I know that's not at the same level as the state quarter...but from a collector stand point it over saturated the market. That's why you can pick up a high grade quarter from those years cheap. I have no doubt that some were still hoarded...because that's what people do, but the hoarding was certainly done at a much lower rate...yet these coins are still common in MS. </p><p><br /></p><p>I think hoarding does have an affect on minting. That's why about 1.7 billion business strike 1998 quarters were minted and in 1999 they minted 4.2 billion total combined of all 5 business strike designs (both of these are gross approximates). But, at 1.7 billion total...1998 quarters will never hold much of a premium either.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 444484, member: 5233"]Except, there are many years that aren't known for hoarding. It's true that the state quarters have been hoarded like there is no tomorrow...but what about quarters from the 1970s and 1980s. They were all produced by the half billions or so. I know that's not at the same level as the state quarter...but from a collector stand point it over saturated the market. That's why you can pick up a high grade quarter from those years cheap. I have no doubt that some were still hoarded...because that's what people do, but the hoarding was certainly done at a much lower rate...yet these coins are still common in MS. I think hoarding does have an affect on minting. That's why about 1.7 billion business strike 1998 quarters were minted and in 1999 they minted 4.2 billion total combined of all 5 business strike designs (both of these are gross approximates). But, at 1.7 billion total...1998 quarters will never hold much of a premium either.[/QUOTE]
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Has roll collecting (hoarding) ruined our hobby?
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