Really how rare, really how much?

joeykoins

Hi guys,
What I'm about to discuss is not about a famous or popular coin. Like the classic 1955 dd Cent or the famous 3 Legged Buffalo. The feature coin here in my thread is the modern 2021s Tuskegee Quarter.
Yes, nothing earth shaking or popularize coin.
However, here is what I'm curious about. My 2021s Quarter has five special categories that I feel, should bring a hefty premium?
Here's why?

#1. It's an, "Error Coin". Strike Through/Rim Burr.

One of a kind!

#2. It's PCGS Certified. Along w/ Error stated on the holder.

#3. High graded ms 67, close to Top Pop. PCGS Price Guide: $275.

#4. Low Mintaged, only 850,000+.

#5. The Tuskegee Quarter, only a one year program.

The definition of "Rare" in the Webster's dictionary.
"Marked by unusual quality, merit or appeal. Distinctive, seldom occurring or found."
Doesn't my 4 distinctive descriptions fall anywhere
In Webster's definition? Yes, I also do take "High in Demand" into consideration.
Lol. I do realize this isn't so important to know but I'm just curious how one calls one coin, more valuable than another, and why? Lol. Thanks

2021s Tuskegee

braddick

The collector has to care.
The 55/55 is popular because collectors care about the coin and type/error.

If you can get collectors to care about your quarter, you are on your way to having something there. If they do not- then you don't.

joeykoins

Thanks
__Yes, you're right. It mostly is all about popularity and in popular demand. However, my whole question is about what seems to be "rare" or a hardly common coin. Esp it being an uncommon mistake (error) by the Mint. Then graded high, then low minted.
Oh, forgot to mention. Only a one year program.
The Tuskegee Quarter
only minted in 2021.

TomB

Demand.

You can be as rare as all get-out, but without popular demand the price will do nothing.

moursund

@joeykoins said:
Thanks
__Yes, you're right. It mostly is all about popularity and in popular demand. However, my whole question is about what seems to be "rare" or a hardly common coin. Esp it being an uncommon mistake (error) by the Mint. Then graded high, then low minted.

.
Probably of interest for a subset of error collectors... Collectors modern error quarters, perhaps...
Seems like a nice, modest, clean error. Not spectacular.

gumby1234

Minor error Joey. Nice looking quarter thou. Errors that look cool are where the money comes into play.

braddick

Sometimes a top pop modern is better off not having a minor error attached to it.
I am uncertain if your quarter is one of those types of coins, yet possibly something to consider when discussing scarcity and desire.

joeykoins

@braddick said:
Sometimes a top pop modern is better off not having a minor error attached to it.
I am uncertain if your quarter is one of those types of coins, yet possibly something to consider when discussing scarcity and desire.

Yes, I get that, thanks.
That being said, suppose the error had no play in this scenario. Shouldn't my coin still carry a high premium on just the grade and esp. the coin being an "S" mint, with a LOW Mintage? 855,000.

jmlanzaf

@gumby1234 said:
Minor error Joey. Nice looking quarter thou. Errors that look cool are where the money comes into play.

And a minor error like that detracts from the "top pop" and doesn't add to it.

jmlanzaf

@joeykoins said:

@braddick said:
Sometimes a top pop modern is better off not having a minor error attached to it.
I am uncertain if your quarter is one of those types of coins, yet possibly something to consider when discussing scarcity and desire.

Yes, I get that, thanks.
That being said, suppose the error had no play in this scenario. Shouldn't my coin still carry a high premium on just the grade and esp. the coin being an "S" mint, with a LOW Mintage? 855,000.

Define "high". If the top pop is a 68, there's no reason why a 67 would even be worth the cost of slabbing on a modern.

joeykoins

@jmlanzaf said:

@gumby1234 said:
Minor error Joey. Nice looking quarter thou. Errors that look cool are where the money comes into play.

And a minor error like that detracts from the "top pop" and doesn't add to it.

Sure, unless you're a error guy/gal? Maybe?

crazyhounddog

That is correct my friend, Joey. You need a market for that coin. Popularity is what you’re comparing. Although the 3 legged buffalo nickels are not rare by any stretch of the imagination they are popular because everyone has heard of them. You can get on eBay any day of the week and finds several. Popularity is what drives the bus.

1630Boston

I love your enthusiasm @joeykoins
boston

And your finds.

sumdunce

Interesting this coin got the struck through designation. I had a rim burr that got struck into the "LAR" of "DOLLAR" on the back of a 1971S business strike silver Ike dollar that got its error submission converted to a gold shield submission without any designation. I was thinking that rim burrs and struck through coinage were needing to be more dramatic to get a designation anymore.

jonathanb

It's definitely not a rim burr. It might be a strike through. I think it actually might be a rolling fold. A rolling fold is by far the rarest of those three... but without any demand, even that one has no value to speak of.

joeykoins

@sumdunce said:
Interesting this coin got the struck through designation. I had a rim burr that got struck into the "LAR" of "DOLLAR" on the back of a 1971S business strike silver Ike dollar that got its error submission converted to a gold shield submission without any designation. I was thinking that rim burrs and struck through coinage were needing to be more dramatic to get a designation anymore.

I too, first thought mine was a rim burr,as well. I do think my coin does have the dramatic effect? Maybe not?

Thanks.

jmlanzaf

@joeykoins said:

@jmlanzaf said:

@gumby1234 said:
Minor error Joey. Nice looking quarter thou. Errors that look cool are where the money comes into play.

And a minor error like that detracts from the "top pop" and doesn't add to it.

Sure, unless you're a error guy/gal? Maybe?

Nope. Still a minor error.

joeykoins

@1630Boston said:
I love your enthusiasm @joeykoins
boston

And your finds.

Thanks, dude!

airplanenut

@TomB said:
Demand.

You can be as rare as all get-out, but without popular demand the price will do nothing.

My favorite example related to a coin I have is the proof Indian cent. Many dates have mintages of a few thousand and cost a fraction of a decent 09-S VDB or 55 DDO, of which there are many, many more. It’s all about demand.

joeykoins

Love the low mintage aspect of any coin.
Talk about a true rarity. My lowest mintaged coin in my collection is not as beautiful as your Indian Cent. However, still has that "Low Mintage" heritage.
It's the Jefferson 1997 Matte Finish Nickel.

25,000.

Under rated coin
Even though, an ultra low mintage, no real interest by most. Yes, I guess it's what you say, "high in demand"?

jmlanzaf

@joeykoins said:
Love the low mintage aspect of any coin.
Talk about a true rarity. My lowest mintaged coin in my collection is not as beautiful as your Indian Cent. However, still has that "Low Mintage" heritage.
It's the Jefferson 1997 Matte Finish Nickel.

25,000.

Under rated coin
Even though, an ultra low mintage, no real interest by most. Yes, I guess it's what you say, "high in demand"?

It is a $250 coin. That's not "no real interest".

braddick

This reminds me of the 1998-S SMS Kennedy half. Beautiful coin and is found in top condition rather readily. Scarce with a low mintage within a popular series, yet the price has been consistent for the last twenty years. Probably as all are uncirculated as the coin wasn't spent.

ricko

A coin must have that special combination of uniqueness, scarcity and popularity to have the 'demand premium'. While your coin certainly has an 'error', it does not possess the stand out allure of say the '55 DDO for example. There lies the difference between major and minor issues. If an error is easily overlooked, it will be relegated to the minor section of demand/premiums. You are looking into the strange world of human perceptions. Cheers, RickO

Jzyskowski1

Another unappreciated Kennedy half. 100,000 enhanced uncirculated. Just never know 😉

291fifth

The "S" mint versions are going to have a very high survival rate. It isn't rare.

The "error" falls into the "who cares" group.

If the photos are accurate the coin has a rather bland look even though graded "67".

If you can find a cash buyer ... well ... you know what I am going to say ...

Che_Grapes

I’m not sure I agree it is a one year series. Because it is an ATB quarter which since 2010 has quarters that were minted for only one year ... by contrast, the 2021 crossing the Delaware quarter is a TRUE one year series coin. And it has a higher relief obverse than the ATB or the US State quarter series - and that is the one I would like to have in mint state high grade.

cmerlo1

It just doesn't have the 'wow' factor as far as the error is concerned. It believe it is worth far less than the grading fees + mint error certification + shipping, because more people will want a 67 for their set that doesn't have a minor error on it.

I stopped paying to certify common VAMs for the same reason. I was consistently getting less on eBay for certified VAMmed dollars than for the same date/year/grade without the designation, even in MS64 and above.

291fifth

@cmerlo1 said:
It just doesn't have the 'wow' factor as far as the error is concerned. It believe it is worth far less than the grading fees + mint error certification + shipping, because more people will want a 67 for their set that doesn't have a minor error on it.

I stopped paying to certify common VAMs for the same reason. I was consistently getting less on eBay for certified VAMmed dollars than for the same date/year/grade without the designation, even in MS64 and above.

Many collectors correctly view minor "errors" such as this as defective coins that are unsuitable for their sets. I agree with them.

joeykoins

@Che_Grapes said:
I’m not sure I agree it is a one year series.

I'm talking specifically the Tuskegee quarter.
One year.

joeykoins

@291fifth said:

@cmerlo1 said:
It just doesn't have the 'wow' factor as far as the error is concerned. It believe it is worth far less than the grading fees + mint error certification + shipping, because more people will want a 67 for their set that doesn't have a minor error on it.

I stopped paying to certify common VAMs for the same reason. I was consistently getting less on eBay for certified VAMmed dollars than for the same date/year/grade without the designation, even in MS64 and above.

Many collectors correctly view minor "errors" such as this as defective coins that are unsuitable for their sets. I agree with them.

Maybe some? but not all. Like me.