He also has a second listing @ starting bid $1,000, no bidders, vs the first listing starting bid of $1,250. BIN the same as the first listing - $2.500. or $0.625 each.
@Kudbegud said:
He also has a second listing @ starting bid $1,000, no bidders, vs the first listing starting bid of $1,250. BIN the same as the first listing - $2.500. or $0.625 each.
@Kudbegud said:
He also has a second listing @ starting bid $1,000, no bidders, vs the first listing starting bid of $1,250. BIN the same as the first listing - $2.500. or $0.625 each.
I'd buy them for $0.625 each -- but alas -- try $62.50 each!
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
depends on how many stay in circulation, the ms-66 and 67's will bring a big premium even years down the road. the heavily circulated ones will bring a few bucks
the KEY will be to get them in the first week of discovery holder. that and a high grade will draw many collectors. the early find holder won't draw much of a premium, the population on those will be too high
I really like looking at those quarters. Pretty neat in my opinion.
I don't really care about finding one for the money or the PCGS stuff.
Hopefully I can just find a couple for the kids coin state park album.
This thread has been a fun one to read and an educational read for me.
didn't i read somewhere that dealers were being involved in the coin hunt program and being provided the new coins to get them into circulation? If so, explains some of the ebay action.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@derryb said:
didn't i read somewhere that dealers were being involved in the coin hunt program and being provided the new coins to get them into circulation? If so, explains some of the ebay action.
The W quarters from the Mint went straight to the banks, not any dealers. People are coin roll hunting that's why there are so many.
The dealers for the Hunt are providing their own coins into circulation to draw interest into the hobby.
I just asked at my bank about getting new quarters. They still have no mechanism for obtaining them and only did between 2000 and 2009. They limited customers to a single roll of states coins. But now it's back to the way it was before the states quarters; the only way to get them is coincidence. In other words virtually all of the W quarters will likely reach circulation.
But the bank tellers hadn't even heard of the "great coin hunt" or new quarters!!! They had had no requests.
There just aren't going to be very many Uncs and unless the word gets out within a couple years there will be very few AU's either. Indeed, these could turn up for many years in grades down to VF.
Old time collectors think that scarcity is determined by mintage because up until 1965 it was. But since then there is an inverse relationship between scarcity and mintage. In this case we have a low mintage coin being dispersed as though it's a high mintage coin so low mintage matters again. We could end up with a million in XF, a quarter million in AU, and as few as 50,000 in BU. We could. The rest would suffer attrition or become culls or lower grades. Circulation now days is like a meat grinder that cranks out nicks and culls and utterly destroys nearly 3% of quarters annually.
This would still be a very common coin in ten years with one and a half million survivors except this isn't 1965 any longer. Very few people collect moderns in circulated grades or even in very low mint state grades because they are available in Unc and because low mint state grades tend to be very ugly coins.
I just asked at my bank about getting new quarters. They still have no mechanism for obtaining them and only did between 2000 and 2009. They limited customers to a single roll of states coins. But now it's back to the way it was before the states quarters; the only way to get them is coincidence. In other words virtually all of the W quarters will likely reach circulation.
But the bank tellers hadn't even heard of the "great coin hunt" or new quarters!!! They had had no requests.
There just aren't going to be very many Uncs and unless the word gets out within a couple years there will be very few AU's either. Indeed, these could turn up for many years in grades down to VF.
Old time collectors think that scarcity is determined by mintage because up until 1965 it was. But since then there is an inverse relationship between scarcity and mintage. In this case we have a low mintage coin being dispersed as though it's a high mintage coin so low mintage matters again. We could end up with a million in XF, a quarter million in AU, and as few as 50,000 in BU. We could. The rest would suffer attrition or become culls or lower grades. Circulation now days is like a meat grinder that cranks out nicks and culls and utterly destroys nearly 3% of quarters annually.
This would still be a very common coin in ten years with one and a half million survivors except this isn't 1965 any longer. Very few people collect moderns in circulated grades or even in very low mint state grades because they are available in Unc and because low mint state grades tend to be very ugly coins.
The way these things are spread out over all the states mixed in with the P's and D's is going to make the uncirculated ones become rare with plenty of circulated ones finally being found but they will not be in good condition. Those coin machines do a number on coins.
The banks are not going to like this idea either as they have to pay money to get them re-rolled and then pay more money when they need more. I already ran into problems with that already as banks want to charge for getting me more coins and others told me that they will charge me for taking the coins back.
Good luck with that as I have looked through 15 boxes so far and came up with nothing for all my work. Then they want to charge me both ways on getting new worthless boxes of quarters.
Where does the mint come up with these dumb ideas.
@pitboss said:
The way these things are spread out over all the states mixed in with the P's and D's is going to make the uncirculated ones become rare with plenty of circulated ones finally being found but they will not be in good condition. Those coin machines do a number on coins.
The banks are not going to like this idea either as they have to pay money to get them re-rolled and then pay more money when they need more. I already ran into problems with that already as banks want to charge for getting me more coins and others told me that they will charge me for taking the coins back.
Good luck with that as I have looked through 15 boxes so far and came up with nothing for all my work. Then they want to charge me both ways on getting new worthless boxes of quarters.
Where does the mint come up with these dumb ideas.
I take it that if you found a "W" quarter in your first box and claimed the $5000 prize, you would proclaimed this idea as the best idea since sliced bread?
How come some people can come up with over 100 of these coins if everything is on the up and up and don't tell me that has not happened because it has. Everybody that chases these quarters will find out real quick that is not easy.
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
@BrettPCGS said:
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Tongue in check Brett or ya serious?
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
That means on avg. 13.7 W's per $500 box of all new coins.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@BrettPCGS said:
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Tongue in check Brett or ya serious?
100% Serious. As we understand it the P & D Lowell quarters were already fully distributed by the time they started putting W Lowell quarters into circulation. If you watch the mint videos closely you can see the mint director pour W Lowell quarters into the giant Mariana Island bags. So relatively speaking, if you find rolls of Mariana Island quarters, the hunt itself should be pretty easy, because every Lowell quarter in those rolls should be a W mint mark coin. - Or so we think! -
Went through 2.5 boxes earlier today of fresh Mariana quarters with no luck. 2.5 more boxes to go through, hoping for the best. I have a feeling they weren't necessarily mixed well. So the people that do find a box will have a good chance at finding several.
@BrettPCGS said:
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Tongue in check Brett or ya serious?
100% Serious. As we understand it the P & D Lowell quarters were already fully distributed by the time they started putting W Lowell quarters into circulation. If you watch the mint videos closely you can see the mint director pour W Lowell quarters into the giant Mariana Island bags. So relatively speaking, if you find rolls of Mariana Island quarters, the hunt itself should be pretty easy, because every Lowell quarter in those rolls should be a W mint mark coin. - Or so we think! -
BAM!! Thank you Brett for confirmation! Thought you were sh***ing us (all due respect) . Reminds me of the days when Puerto Rico got all our 2009 dimes and nickels. That ebay seller likely retired on his sales. So none were found state-side?
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
Oh carp -- guys and gales, please re-assess your $500 qtr box search and catch the next flight to the Marianas Islands Banko De Marianas for your W search! Let me know when you have a $500 case to send back. Figuratively of course.
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
@BrettPCGS said:
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Ebay pics of rolls containing the W confirm this.
Does this mean the "W" Marianas will be bagged with the next state park issue? Or are the Mariana Ws being issued along with the Lowell W's? At some point two different W's will have to be issued at the same time or there will always be a "one coin" delay for the W's.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@BrettPCGS said:
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Does this mean the "W" Marianas will be bagged with the next state park issue? Or are the Mariana Ws being issued along with the Lowell W's? At some point two different W's will have to be issued at the same time or there will always be a "one coin" delay for the W's.
Good question, we’re unsure at the moment. Someone finding the first W Mariana and their story may end up being more exciting than the stories we’ll be sharing of the first W Lowell finds.
@BrettPCGS said:
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Does this mean the "W" Marianas will be bagged with the next state park issue? Or are the Mariana Ws being issued along with the Lowell W's? At some point two different W's will have to be issued at the same time or there will always be a "one coin" delay for the W's.
Good question, we’re unsure at the moment. Someone finding the first W Mariana and their story may end up being more exciting than the stories we’ll be sharing of the first W Lowell finds.
Might be time to announce the next "early find" reward. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
New listing for a full roll of W quarters!
https://ebay.com/itm/40-PCS-2019-LOWELL-W-Mint-Quarter-WESTPOINT-RARE-FIRST-ROLL-TO-MARKET/293043643769?hash=item443ac32579:g:D18AAOSw7upcrjsZ
Didn't even put 2019-W in the title of the listing... that'll cost them some potential bidders.
But yeah, big surprise that a dealer was able to quickly secure a full roll of these
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
I would be willing to bet they are keeping any higher grades to send in for grading.
that's what they get for just pouring some on top of bag, not mixing them good enough
He also has a second listing @ starting bid $1,000, no bidders, vs the first listing starting bid of $1,250. BIN the same as the first listing - $2.500. or $0.625 each.
A big dealer may have bought a $50,000 bag from the mint.
You called it...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Have to admit though, I have not been this excited for a circulating coin since the Bicentennial.
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Not sure what math you are trying to say..
It's that dang new math.
I'd buy them for $0.625 each -- but alas -- try $62.50 each!
62.50 each, get them all graded with the new label, may come out ahead if you sell them right away
You are all correct. I miss placed the decimal point. $62.50 each. Sheesh.
Within 3 months these will be selling raw for a few bucks each
There just isn’t enough collectors to consume the 2,000,000 of each type
depends on how many stay in circulation, the ms-66 and 67's will bring a big premium even years down the road. the heavily circulated ones will bring a few bucks
the KEY will be to get them in the first week of discovery holder. that and a high grade will draw many collectors. the early find holder won't draw much of a premium, the population on those will be too high
Someone just bid on the $1250 auction, guess they didn't like the $1000 starting price.
that wipes out the first week of discovery holder on those.
I can't believe they're selling for $100/each raw even now.
Bought something for $xx.01. Thinking I’ll get three quarters plus. Cashier pulls out a cent.
Didn’t have the heart to stop him.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
There are more ways to make $.
https://www.pcgs.com/2019quarterquest?utm_source=PCGS&utm_medium=spotlight&utm_campaign=2019 Quarter Quest&utm_content=quarter_quest_2019
Lowell bounty has been paid.
The next bounty!
That is quite a haul. Only 8 hours left.
I really like looking at those quarters. Pretty neat in my opinion.
I don't really care about finding one for the money or the PCGS stuff.
Hopefully I can just find a couple for the kids coin state park album.
This thread has been a fun one to read and an educational read for me.
I'm not sure if this has been posted yet here, but one of the 2 winners is on CCF.
https://www.coincommunity.com/forum/topic.asp?TOPIC_ID=344612&whichpage=2
didn't i read somewhere that dealers were being involved in the coin hunt program and being provided the new coins to get them into circulation? If so, explains some of the ebay action.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
That’s cool. User name is IgnorantVirtuoso.
@IgnorantVirtuoso is also a nic on this site too.
@IgnorantVirtuoso Are you the same who split the $5000 Lowell W quarter bounty?
(Also posted this in your other thread.)
The W quarters from the Mint went straight to the banks, not any dealers. People are coin roll hunting that's why there are so many.
The dealers for the Hunt are providing their own coins into circulation to draw interest into the hobby.
Don't quote me on that.
Wow!!!
I just asked at my bank about getting new quarters. They still have no mechanism for obtaining them and only did between 2000 and 2009. They limited customers to a single roll of states coins. But now it's back to the way it was before the states quarters; the only way to get them is coincidence. In other words virtually all of the W quarters will likely reach circulation.
But the bank tellers hadn't even heard of the "great coin hunt" or new quarters!!! They had had no requests.
There just aren't going to be very many Uncs and unless the word gets out within a couple years there will be very few AU's either. Indeed, these could turn up for many years in grades down to VF.
Old time collectors think that scarcity is determined by mintage because up until 1965 it was. But since then there is an inverse relationship between scarcity and mintage. In this case we have a low mintage coin being dispersed as though it's a high mintage coin so low mintage matters again. We could end up with a million in XF, a quarter million in AU, and as few as 50,000 in BU. We could. The rest would suffer attrition or become culls or lower grades. Circulation now days is like a meat grinder that cranks out nicks and culls and utterly destroys nearly 3% of quarters annually.
This would still be a very common coin in ten years with one and a half million survivors except this isn't 1965 any longer. Very few people collect moderns in circulated grades or even in very low mint state grades because they are available in Unc and because low mint state grades tend to be very ugly coins.
This will be interesting!
Just arrived, I will call it MS65
Did I win!?!?
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
You were supposed to hold it in your toes!
Thanks @cladking !
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
The way these things are spread out over all the states mixed in with the P's and D's is going to make the uncirculated ones become rare with plenty of circulated ones finally being found but they will not be in good condition. Those coin machines do a number on coins.
The banks are not going to like this idea either as they have to pay money to get them re-rolled and then pay more money when they need more. I already ran into problems with that already as banks want to charge for getting me more coins and others told me that they will charge me for taking the coins back.
Good luck with that as I have looked through 15 boxes so far and came up with nothing for all my work. Then they want to charge me both ways on getting new worthless boxes of quarters.
Where does the mint come up with these dumb ideas.
I take it that if you found a "W" quarter in your first box and claimed the $5000 prize, you would proclaimed this idea as the best idea since sliced bread?
How come some people can come up with over 100 of these coins if everything is on the up and up and don't tell me that has not happened because it has. Everybody that chases these quarters will find out real quick that is not easy.
All of the W Lowell quarters appear to be distributed into Mariana Island quarter rolls/bags (AKA the next state park). It appears that if you're looking at rolls/bags and they're not fresh rolls/bags of Mariana Island quarters then you're probably looking in the wrong spot. Happy hunting!
Brett Charville --- I work at PCGS
@pitboss
Right place at the right time or a lot of $$ to get tons, literally, of quarters.
Leaning toward a lot of $$.
Tongue in check Brett or ya serious?
ratio of W's to the others is 1 out of 146.
That means on avg. 13.7 W's per $500 box of all new coins.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The problem is we do not get the good boxes. All we get is old coins or stuff from 2018.
100% Serious. As we understand it the P & D Lowell quarters were already fully distributed by the time they started putting W Lowell quarters into circulation. If you watch the mint videos closely you can see the mint director pour W Lowell quarters into the giant Mariana Island bags. So relatively speaking, if you find rolls of Mariana Island quarters, the hunt itself should be pretty easy, because every Lowell quarter in those rolls should be a W mint mark coin. - Or so we think! -
Brett Charville --- I work at PCGS
Machine damaged W Lowell quarter in a fresh box of Mariana Islands...
Brett Charville --- I work at PCGS
Went through 2.5 boxes earlier today of fresh Mariana quarters with no luck. 2.5 more boxes to go through, hoping for the best. I have a feeling they weren't necessarily mixed well. So the people that do find a box will have a good chance at finding several.
BAM!! Thank you Brett for confirmation! Thought you were sh***ing us (all due respect)
. Reminds me of the days when Puerto Rico got all our 2009 dimes and nickels. That ebay seller likely retired on his sales. So none were found state-side?
Oh carp -- guys and gales, please re-assess your $500 qtr box search and catch the next flight to the Marianas Islands Banko De Marianas for your W search! Let me know when you have a $500 case to send back. Figuratively of course.
Ebay pics of rolls containing the W confirm this.
Does this mean the "W" Marianas will be bagged with the next state park issue? Or are the Mariana Ws being issued along with the Lowell W's? At some point two different W's will have to be issued at the same time or there will always be a "one coin" delay for the W's.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Seller has fresh rolls of the Lowell's for $149 and has confirmed to me that Lowell W's are also present in the Lowell P & D rolls as well as the Mariana P & D rolls.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Good question, we’re unsure at the moment. Someone finding the first W Mariana and their story may end up being more exciting than the stories we’ll be sharing of the first W Lowell finds.
Brett Charville --- I work at PCGS
Might be time to announce the next "early find" reward. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey