Anyone collecting Indian Nationhood Quarters?
Zoins
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I just went to the Littleton website for a reminiscence thread and saw they are selling a 50 quarter set from the Jamul Nation.
Anyone heard about these before? Anyone know the mint that is striking these?
And will PCGS will slab these?
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I'm not sure they are legal tender?
I would but not from Littleton.
They seem to be a legal tender issue by the Jamul Band of the Kumeyaay Nation of Southern California. According to Littleton:
Interestingly, the Indian nation has a reservation in Southern California but no one lives there:
https://en.wikipedia.org/wiki/Jamul_Indian_Village
Littleton seems to be the exclusive distributor in North America. I wonder if anyone else is selling these outside of North America?
Do they have a casino with quarter slot machines?
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Good thinking! Would be good to ask here https://www.jamulcasinosd.com/
That would be an interesting series...but I will not order from Littleton.... I have done a lot of research and reading on Native American tribes. Worked with a lot of Native Americans when I lived in AZ. Might look around for another source. Cheers, RickO
Note that the ad says "Littleton Exclusive". They may be the only source.
Agree. Littleton may be the official distributors of these coins although they will eventually appear on the secondary market probably at a lower cost.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
People can of course collect anything they want (POGS, anyone?), but for me the collecting interest in these is zero. In addition to that, I would never give the source a nickel of my money!
The Jamul Reservation is six (6) acres in size, per the Wikipedia reference linked above. No one lives there. There is a casino on the site though, just 10 miles from downtown San Diego. The "legal tender" coins are just another incidence of the "commemorative coins" hawked for profit by isolated island states and others.
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I think many posters here are too tough on Littleton. They are a business that has been around since the 1940's and, so far as I am aware, have never promoted what they sell as anything but interesting collectibles. Their target seems to be the general public, not experienced collectors. Their marketing/advertising budget must be very substantial so they are not in a position to be selling their product cheaply, as experienced collectors would like. Their business model seems to have been quite successful and the product they sell, when graded, seems to be accurate. I hope they remain successful in their business.
I have a similar take on Littleton as 291fifth. In my experience on the other side of the table, Littleton has traditionally offered one stop sales for dealers to get rid of the bulk of low value coinage that is near impossible to otherwise sell and when they buy this material they are often quite meticulous to grade the items properly and reject problem coins. This can help quite a bit when wholesaling out the vast majority of stuff one might not want to deal with on the retail end.
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I have mixed feelings on Littleton.
They are a top notch outfit. They sell you exactly what they say they are going to sell. They don't over-hype. They don't sell as "investments". They are very accurate graders. They reach a lot of people who otherwise might not even know what a silver dollar is.
On the OTHER hand, I've seen too many Littleton collections come in for appraisals or sales offers. When they realize they paid premium money for material that doesn't really have much premium - Susan B Anthony $ sets, for example - they are either depressed or angry. And I'm the one that gets to deliver the bad news.
I think Littleton is a great place to start but if you want to get serious about collecting, you should outgrow them at some point. People who don't outgrow them could probably do more research. With the Internet, this is getting easier and easier.
I have fond memories of Littleton when I was a kid but when I came back to collecting eBay and the PCGS forums were great places to get a leg up.