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Nice 1965 quarter
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<p>[QUOTE="cladking, post: 3224904, member: 68"]I agree there were many millions saved. But $10 was a great deal of money in those days and when there were no buyers at all by 1970 these got re-released in massive quantities.</p><p><br /></p><p>The mint and FED adopted FIFO accounting in 1972 so they had to begin rotating their coin stocks. It appears that a lot of 1965 quarters had been stuck in the backs of the vaults. They were still being released in mid-1975 along with lots of '69-D dimes and various other old clad. Most of the late release 1965 coins were very poorly made, probably because they were minted late in the year. </p><p><br /></p><p>In the mid-'80's there were huge numbers of XF and AU '65 quarters in circulation along with some workhorses that had been circulating since Thanksgiving of '65 and were getting quite thin. Most of these thin ones from that era are probably gone now because the FED is apparently been withdrawing heavily worn coin for a couple years now. </p><p><br /></p><p>But rolls of these are hardly common enough now to account for many XF's or AU's in circulation. They wholesale at $135 which is pretty astounding considering the fact that there's just no demand for clad quarters. The '67 is even higher which makes sense because most hoarders were giving up setting aside new coin by this time. The '67 tends to look a lot better which will affect current demand (weak as it is).[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 3224904, member: 68"]I agree there were many millions saved. But $10 was a great deal of money in those days and when there were no buyers at all by 1970 these got re-released in massive quantities. The mint and FED adopted FIFO accounting in 1972 so they had to begin rotating their coin stocks. It appears that a lot of 1965 quarters had been stuck in the backs of the vaults. They were still being released in mid-1975 along with lots of '69-D dimes and various other old clad. Most of the late release 1965 coins were very poorly made, probably because they were minted late in the year. In the mid-'80's there were huge numbers of XF and AU '65 quarters in circulation along with some workhorses that had been circulating since Thanksgiving of '65 and were getting quite thin. Most of these thin ones from that era are probably gone now because the FED is apparently been withdrawing heavily worn coin for a couple years now. But rolls of these are hardly common enough now to account for many XF's or AU's in circulation. They wholesale at $135 which is pretty astounding considering the fact that there's just no demand for clad quarters. The '67 is even higher which makes sense because most hoarders were giving up setting aside new coin by this time. The '67 tends to look a lot better which will affect current demand (weak as it is).[/QUOTE]
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Nice 1965 quarter
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