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<p>[QUOTE=&quot;rgs1975, post: 3104, member: 370&quot;]Yo,</p><p><br /></p><p>So I&#039;m sure you all have noticed what the State Quarter program has done to our little hobby.&nbsp; Every Jim, Jane, Joe and Schmoe is a coin collector now.&nbsp; Luckily, with a couple exceptions, these newborn numitists are circling around the State Quarters like a school of Great Whites.&nbsp; But what blows my mind is this...</p><p><br /></p><p>The State Quarters are being snatched up at such a vigorous rate.&nbsp; The early coins are demanding a relatively significant premium as I&#039;m sure the newer coins will appreciate similarly in the next couple of years to the close of the program.&nbsp; What gets me is with such MASSIVE amounts of coins being hoarded in BU+ condition don&#039;t the people that are spending the &quot;big bucks&quot; on these realize that when the program is over and for many many years to come these coins will be so retally available in excellent condition that their premium will plumit and the coins, for the most part, will be nearly numismatically worthless and they will have squandered their hard earned cash.&nbsp; Of course I&#039;m not talking about MS and PF 70&#039;s but I&#039;d be willing to bet that even the 69&#039;s will be effected in this way, although to a lesser degree.&nbsp; I know some say that because of the low mintages that this won&#039;t happen but come on...Yes, the mintages are lower than pre-State Washington Quarters but one must realize that the percentage of the state quarters being stashed in great condition HUGELY outnumbers the amount of regular quarters and coins that survive in similar conditions, thus making the amount of nice coins available, post program, enormous......which will cause the price drop.&nbsp; </p><p><br /></p><p>Imagine if everyone who originally got a 1916D Mercury in 1916 stashed the coin away for years....what would it be worth today? -- Squat compared to it&#039;s actual today&#039;s value.&nbsp; I think it is sad that this ongoing phenomena is going to devalue the State Quarters.&nbsp; </p><p><br /></p><p>Although I have yet to purchase any state quarters I must say I most likely will obtain the entire set...I&#039;m thinking I&#039;ll pick them up in the year 2015 or so for not much more than face value.&nbsp; </p><p><br /></p><p>Whew...just wanted to vent that.&nbsp; Please reply cause I&#039;m really interested to hear what you all have to say about this.&nbsp; Thanks for reading <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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