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<p>[QUOTE="cladking, post: 7838354, member: 68"]I could tell some horror stories about scarce date, Gem, and varieties clad put into the cash registers. Even worse is that many dealers simply refuse to buy later date coins and usually tell the person who brought them in to just take them to the bank. I've seen dealers just cut up mint sets enmasse and put even the choice and Gem Ikes in the register! The reason mint sets are exploding higher right now is that there aren't enough choice and Gem half dollars and dollars but odds are good many dealers are still handing them out in change or telling widows to just take them to the bank. </p><p><br /></p><p>The only "complete" rolls of 1969 quarters I've ever seen (since '69) came out of the till at a coin shop. The guy had just dumped in four rolls he got from a customer a few days before and I was able to buy about 155 of them to reassemble rolls. They were remarkably good quality and I'd have saved them myself back in the day if I had seen any so nice. </p><p><br /></p><p>No, the quarters still have no demand and the prices on them aren't budging as their cost soars but this can't last. Higher prices mean the sets will be harder to obtain and the would be buyers will have to go out and look specifically for the quarters. Indeed, what most don't understand is that even the Ikes and half dollars mostly sell at retail prices and these prices are far higher than people think. Wholesale price on BU Ikes is up to $3.50 so finding Ikes at less than seven or eight dollars apiece will be a chore before long. </p><p><br /></p><p>Higher prices on mint sets is going to transform the way moderns are bought and sold. I believe the most dramatic effect will be on the quarters but this will take a little time. A wholesale market will begin forming but buyers won't find many coins because most of them are gone. This will be invisible for a few months as things shake out, the pipeline fills, and old product disappears. Obviously, though, there are still many thousands of surviving coins and demand will still have to exceed the supply to have much effect on price. My point here though is that even without any real demand for the dimes and quarters there are hardly enough coins for every dealer to create an inventory. </p><p><br /></p><p>While '82 and '83-P might be the scarcest regular date quarters in Uncirculated condition many of the older quarters will be tougher in gemmy condition. You can find XF and AU '83 quarters because millions were saved but if you can't get a nice 1969 quarter the alternative is a VG or F in circulation.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 7838354, member: 68"]I could tell some horror stories about scarce date, Gem, and varieties clad put into the cash registers. Even worse is that many dealers simply refuse to buy later date coins and usually tell the person who brought them in to just take them to the bank. I've seen dealers just cut up mint sets enmasse and put even the choice and Gem Ikes in the register! The reason mint sets are exploding higher right now is that there aren't enough choice and Gem half dollars and dollars but odds are good many dealers are still handing them out in change or telling widows to just take them to the bank. The only "complete" rolls of 1969 quarters I've ever seen (since '69) came out of the till at a coin shop. The guy had just dumped in four rolls he got from a customer a few days before and I was able to buy about 155 of them to reassemble rolls. They were remarkably good quality and I'd have saved them myself back in the day if I had seen any so nice. No, the quarters still have no demand and the prices on them aren't budging as their cost soars but this can't last. Higher prices mean the sets will be harder to obtain and the would be buyers will have to go out and look specifically for the quarters. Indeed, what most don't understand is that even the Ikes and half dollars mostly sell at retail prices and these prices are far higher than people think. Wholesale price on BU Ikes is up to $3.50 so finding Ikes at less than seven or eight dollars apiece will be a chore before long. Higher prices on mint sets is going to transform the way moderns are bought and sold. I believe the most dramatic effect will be on the quarters but this will take a little time. A wholesale market will begin forming but buyers won't find many coins because most of them are gone. This will be invisible for a few months as things shake out, the pipeline fills, and old product disappears. Obviously, though, there are still many thousands of surviving coins and demand will still have to exceed the supply to have much effect on price. My point here though is that even without any real demand for the dimes and quarters there are hardly enough coins for every dealer to create an inventory. While '82 and '83-P might be the scarcest regular date quarters in Uncirculated condition many of the older quarters will be tougher in gemmy condition. You can find XF and AU '83 quarters because millions were saved but if you can't get a nice 1969 quarter the alternative is a VG or F in circulation.[/QUOTE]
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Why are 1983 quarters so valuable?
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