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Washington quarters becoming more scarce?
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<p>[QUOTE="cladking, post: 2539140, member: 68"]The best way to get a feel for attrition might be to look at the mintages in the second years of recessions. This number should be a fair reflection of attrition. Most of any date mintage reflects increased demand from the economy. Of course in recent times this isn't truly so much increasing demand by commerce but rather the wealth effect and people working resulting in increases in the aggregate numbers in sock drawers and change jars.</p><p> </p><p>Quarters are lost and destroyed in a multitude of ways but it's somewhat different than smaller denominations because they are larger, more valuable, and sturdier. Many are lost in fires and floods but there are many destroyed in recycled cars and through various misadventure.</p><p> </p><p>Now days there are a few people collecting these coins from circulation which also increases the apparent attrition. I'd guess true attrition is in the 75 million neighborhood and collectors are nabbing another 50 million. Both of these numbers would increase in a stronger economy.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2539140, member: 68"]The best way to get a feel for attrition might be to look at the mintages in the second years of recessions. This number should be a fair reflection of attrition. Most of any date mintage reflects increased demand from the economy. Of course in recent times this isn't truly so much increasing demand by commerce but rather the wealth effect and people working resulting in increases in the aggregate numbers in sock drawers and change jars. Quarters are lost and destroyed in a multitude of ways but it's somewhat different than smaller denominations because they are larger, more valuable, and sturdier. Many are lost in fires and floods but there are many destroyed in recycled cars and through various misadventure. Now days there are a few people collecting these coins from circulation which also increases the apparent attrition. I'd guess true attrition is in the 75 million neighborhood and collectors are nabbing another 50 million. Both of these numbers would increase in a stronger economy.[/QUOTE]
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Washington quarters becoming more scarce?
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