Message:

<p>[QUOTE=&quot;cladking, post: 3451176, member: 68&quot;]I&#039;m figuring most of the production will be Gems.&nbsp;&nbsp; Then being in the tops of the bags assure they&#039;ll stay Gem right into the hoppers at the counting houses.&nbsp; If they empty the hoppers between bag then many of these will suffer little dinging and scraping in the bottom of the hopper. But even if they don&#039;t empty it they&#039;ll be relatively protected by the lower forces at the bottom of the hopper.&nbsp; Direct collisions will mark up some percentage as the fresh bag is dumped on top.&nbsp; </p><p><br /></p><p>Try as I might I&#039;m not picturing a mad dash to check billions of brand new coins before they get in circulation nor do I picture any mechanism for the vast majority of the coins to hit circulation.&nbsp; Frankly, I expect only about 5% to get plucked out of bags and boxes of new coins rolled from those bags.&nbsp; Half of these will be Gem.&nbsp; </p><p><br /></p><p>I&#039;m expecting most of them to be found mixed in mixed circulating rolls.&nbsp; These will account for as much as 15% of production if they are wildly popular.&nbsp;&nbsp; The rest will be in commerce because there is no mechanism any longer to intercept them.&nbsp; The counting houses are under contract to return defective coin to the mint and I wager workers will not be allowed to get more than a very very few of these.&nbsp;&nbsp; They can alert others to the destinations though.&nbsp; </p><p><br /></p><p>I suspect everyone is going to be pretty surprised how this plays out.&nbsp; I figure about 150,000 BU&#039;s of the first dates and trending up across the program.&nbsp; Nearly half will be Gem but they will be too common to get much premium for grade (except for outliers).&nbsp; The rest will trickle in for a very long time.&nbsp;&nbsp; Most will be AU but they will exist all the way down to a&nbsp; high end VF.&nbsp; Of course, now days quarters get a lot of wear from machines that leave little scars all over them so even XF&#039;s will often look like road kill.&nbsp;&nbsp; </p><p><br /></p><p>It&#039;s going to be interesting and it&#039;s going to spur interest in parks, states, and all clad quarters (especially parks).&nbsp; A lot of these parks quarters are much tougher than most of the states coins.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in