What are your thoughts on the future value of the low mintage 2019 and 2020 West point National Park Quarters. My purpose for the question is as a coin roll hunter it seems the only motivation I have to keep hunting quarter boxes is the W quarter. Reason being I find so few silver quarters but I do find a few W quarters. I really cr hunt for silver but it's just so hard to find. I am thinking about giving up on quarter boxes for this reason. Buttttt, if you all think the W will increase in value it might keep me motivated. I know a lot depends on condition, which brings me to another point. The longer these W quarters stay in circulation it seems the worse condition they will be which will bring down the value I assume. I started hunting quarter boxes in October and have only found I think 5-6 silver coins however I'm up to 28 W's. Opinions please and thank you.
Back a half century ago when I started collecting, finding a wheat cent in the wild was a magical moment. Still is, really….. I think if I would have gotten hung up on the value of finding those old wheats, it would have robbed me of the joy of finding them. Here fifty years later, they are still worth .03-.04 cents roughly speaking. My whole point is we have absolutely no clue what the future holds for the hobby. For example, twenty years ago I would have never dreamed that error collecting would make such a large segment of our hobby today. It is a hobby. There’s just no way to forecast what the future may look like. If hunting quarter rolls gives you relaxation and a sense of “quest for the hunt”, don’t sully that joy by turning it into a quest for profit. Sometimes we get lucky. Sometimes we don't. There is no was to know what will be tomorrow’s hot ticket. It may very well be West Point quarters and it may not. Just enjoy the hunt.
How many boxes did you go thru ??? I guess your bank doesn't mind get as many boxes as you want because that cost them money too. Also, your dump bank doesn't mind either. You should look for varieties and Unc's too. Like 1966 DDR and a 1976D DDO and 1983 Uncirculated. These have alot more value but harder to find. Needle in the hay field concept. With the value of only looking for silver and W's - looks like maybe $200 ??? if you're doing it has a hobby - nice ...if your doing if for profit - not good....it all depends on how you value your time and effort.
No idea what the future holds for the collectivity of the W Quarters. Only 2 million of each was minted. My LCS charges $15.00 per coin.
As much as I love the Ws, they really are not "investment" coins. After the first set of decent looking coins, I think that might be it. They will flip for a few dollars and if you got nothing to do, then go ahead.
As a collector and a "registry set participant" my experience with W quarters are as follows. I've gotten two of them back in change in my normal daily life not looking for them. Though not in great condition, I saved them in airtites. I have also purchased two graded MS-66 examples. You would have to find one in a roll that never circulated and get it graded to maybe win value wise. Anything that's been circulated is still a cool find. I figure somebody might buy it for $10 but there are a lot for sale and most people interested have their fill by now. The valuable ones are conditional rarities only and even most 66s can be had for not much more than the cost of grading. Probably about 8-10 years ago Edit: It was 15 years ago. lol I made a thread here on the futility of searching for silver quarters...at that time. https://www.cointalk.com/threads/th...-for-silver-washington-quarter-edition.46623/ I did the math based on the actual total mintage numbers and pretended the entire mintage of every silver quarter ever produced was dumped into a pot of the entire mintage of clads and if you mixed them all up at that time, I gave the odds of picking out a silver. The percentage was miniscule. Every year quarters are diluted again by the billions. The percentage gets diced up again every year that goes by and everyone has screened hard for any silver for decades. You can do what you want, it's your time.
Greysheet wholesale on MS66 Lowell is $120 today. same with American Memorial Park, and river of no return.
I have been trying to find a W quarter for 5 years now and have yet to see one. I don't collect quarters but I do check the mint mark on everyone that goes through my hands. When I do finally find one it will go into my type set.
As long as those silver quarters are being thought of as still in existence let's imagine them in circulation in proportion to their condition. For instance about two thirds of 1955-D quarters are in UNC condition so if you were lucky enough to find one it would likely be Unc. However these coins were all saved out by collectors and by 1964 there simply weren't any in circulation in any condition and by 1970 all the silver quarters had been removed. The only silver "in circulation" has been found and permanently removed from circulation before. 99% of what is actually found was removed before 1970 but somehow slipped back into circulation. Think of it as the opposite of getting lost. A kid walks down the street with a silver quarter his grandfather found in 1969 and it falls through a hole in his pocket. The finder doesn't recognize it as special and spends it. There are many many ways these get back into circulation but "none" of them will involve a '55-D. These coins are safely tucked away in safety deposit boxes or dealer inventory. There are lots of great coins in circulation because people aren't looking. When was the last time you saw a nice evenly worn 1971 quarter in XF? Experience tells me that the W's will languish until people care about 1971 quarters. As things are now most people would consider it their lucky day if they found a beat up W among a solid date BU roll of 1983-P's and then they would just dump the rest into circulation. People might never care about the circulating coins. Most people seeking silver just look at the edges and would never notice an old BU clad. There aren't any old BU clads because the mint and FED rotate their stocks of coins. Indeed, there aren't even any old VF's any longer statistically. Even if you look for F's most of the few survivors are culls because of tarnish, gouges, or many small scratches. In a few years there won't be any at all and people might still not care.
70% of circulating quarters are now bicentennial or post 1998 issues. This leaves only 12 beat up old tired eagle reverse coins per roll with most these being post-'83. How long until the general public notices that eagle reverse coins are all getting "rare" in pocket change? All four or five older eagle reverse coins you find are probably going to be poorly made and two of these will already be cull. It is getting slightly unusual to find one nice attractive older clad in an entire roll and odds are good it will be F or lower.
I like the potential for W quarters but then I've been wrong about clads since 1972 and still going strong.
I think the "W"'s are going to go along the same lines as the low mintage 09's. They'll hold their value, if not go up.
I've collected a little over a dozen that I came across in my change over the years. So all of mine only cost me .25 cents each At that price, doesn't hurt to hang onto them for another 20 or so years and then see what happens.
