C O I N S
Coins are a fascination, and an enigma. They are made to spend and we hoard them up. They are for purchases and look like mineature art creations. Our currency is complicated to thwart counterfeiters but why put art on coins? Collectors seem to be influencing our coinage. Yes, I like pretty coins just as much as the next guy, but the mint makes collecting coins difficult to say the least.
In 1964 the quarter was about to be changed to a clad composition and to slow down collectors, all quarters for 1965,1966, and 1967 bore no mintmarks. This way, collectors would not hoard the new coins. What is curious, is that in 1964 a tremendous amount of silver quarters were minted and these coins were horded like mad. The silver could have been saved that year by only issuing enough like the year before, but no, they minted about 3 times as many. That silver is still around by the rolls and bags. Some was given up when silver approached $15 an ounce but a lot kept tucked away.
When the Statehood quarters came out, they were minted by the billions, and yet the mint decided to make some issues rarer than others. One roll can get $15 and another as much as $60. I had 14 rolls of UNC South Carolina Quarters but they never will hit the price of Delaware, Pennsylvania, or New Jersey issues.
I thinned out my roll set to have just 1 ea P&D of the 2000 batch, a total of 10 rolls which cost me about $150. If I had purchased the first 5 issues in 1999 for the same $150 (which I could have then) the sets value would have tripled by December 1999.
After realizing, too late, that it's a wasted effort to collect average unc coins, I have started collecting Mint Sets and Proof Sets. I get 9 coins in a proof set, and 18 coins in a mint set. This way I have a P,D,S, of each quarter plus the cent, nickel, dime, and half dollar. The 2000 Proof Set included a S-mint Proof Sacagewea Golden Dollar for the same price as 1999's Proof Set ($19.95) which made it a bargain. The Mint Set had two Sacageweas (P&D) which makes it a bargain at $14.95 for the 20-coin set. For bullion coins, I prefer St.Gaudens $20 gold coins but unc coins are way over gold spot prices so American Gold Eagles at $309 each are my choice for now. A good investment coin is the 1927 St. Gaudens $20 gold in MS63 (certified) at $399 each. The book value for MS63 is $800+ but coin values go up and down like yo-yo's. I would still like to have a dozen of those gems! I saw some certified PR70-DeepCameo Statehood Quarters in a Coin & Sportscard Special Edition magazine from The New Quarter Company. A set of 1999 SHQ's: Delaware,Pensylvania,New Jersey,Georgia, and Connecticut, for only $79.95 . I also saw a set of 2000 SHQ's PR70-D-Cam's for $69.95 . Hurry up, refund check! I have to have a set of each year! A nice set of silver American Eagles from 1986-2001 with a Dansco Album cost $175. A good deal for regular issue Eagles. The proofs go for around $500+ and aren't that much prettier. UPDATE... I got the PR70 Deep Cameo Quarters for 1999 and 2000 and they were amazing. Truly a fabulous set of the first 10 coins and soon I'll be getting the 2001 quarters, too. They will be PR70DCAM's like the first 10 and will cost $69 plus $6 s&h. The first 10 are haze free and mirror finished with no flaws at all. I'm getting the goosey pimples just thinking about them. I'll get pictures of them soon to show on their own page.
My other pages...(index)
See my first grand-daughter, Amber's First Day on Planet Earth ! See My NEW Proof 70 coin collection. Home |
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Money, Money, Money | Space 1999 (season 2) |
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The Winner Takes It All | Waterloo |
Sunny, my boys cat. |
Note: "I Have a Dream" page has more ABBA
