@Maywood said: @WQuarterFreddie said: Love to see how the naysayers on this forum continue to be wrong about their importance and value in the coin collector market.
I've never really had an opinion on these and have actually found 1-2 accidentally, but I guess I'd be counted among the "naysayers" you mentioned. My question(s) is simple: What exactly is the importance of these coins?? How are they historically significant??
We will find out once there are two million collectors. In the meantime, searchers will become researchers. And that's as good for the hobby as the high and low leaf Wisconsin. D minted statehood quarters.
@OAKSTAR ... Yes, I did receive one from a forum member, for free. I did not say I did not have any W quarters, I said I have not found any in change during daily commerce - usually referred to as 'in the wild'... Cheers, RickO
A friend and fellow collector actually was able to get a few, he sent me 2 and I won 1 in a contest. I never found any in circulation though. If they stayed in circulation for any time, they got ugly pretty quick.
@ricko said: @OAKSTAR ... Yes, I did receive one from a forum member, for free. I did not say I did not have any W quarters, I said I have not found any in change during daily commerce - usually referred to as 'in the wild'... Cheers, RickO
I know.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
The U.S. Mint made over 1.6 billion quarters in 2019 and over 2.7 billion in 2020. I think 2 million of each W quarter qualifies as low mintage. I already answered your importance question in my previous post.
2 million is lowER than a billion. That doesn't make it "low". 50 million is also much lower than a billion. The comparison has to be to the number of collectors not the number of noncollectable coins.
I respect you and your opinions, but it's not only the mintage alone; you had to find these in the wild (in uncirculated condition), they were not a mint product for purchase. So yes, 175,000 V75 ASE is a lower mintage, BUT you had to purchase, so 2 million modern quarters in circulation is considered low IMO.
The problem I have with these is that I can't contemplate the "main street" appeal. I mean with the 1955 doubled die you have something really dramatic or with the 1943 cents and war time nickels at least there is a good story. But I think this would be hard to explain to our non-collecting friends.
"Here, take a look at this. This little letter W makes these coins super scarce. It means that it was struck at West Point."
"Super scarce, huh? What does that make it worth?"
"If you find one in circulation, you could probably sell it for $10-15!"
"Great! Have fun with that. I, uh, gotta go."
I just don't think they're dramatic or rare enough to attract newcomers. I don't think that price point moves the needle for any but a few these days. I mean no one is going to spend an hour going through his change trying to find a coin that is rare enough that few of us have ever seen one, but still would rarely be enough to buy a movie ticket.
I'll believe that these have legs when I hear that the likes of @WQuarterFreddie are snapping them up on eBay at current levels.
I've only found 3 of which I gave 2 to forum members for their collection. I've kept the one for some reason, probably because I won't find another. I think they went to large cities for some reason.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Actually they do have to many some of the appeal of your examples, like the 55 DD or war nickels, and especially the privy-marked "swimming pool" 2020 W quarters.
Love that Milled British (1830-1960) Well, just Love coins, period.
@WQuarterFreddie
Sorry to have hijacked the thread but learned a bunch from different sources, insight to the S quarter’s and more about the W’s thanks 🙏
If I were the same kid now as I was in ‘63 the West Point stuff would excite me.
Our contemporaries are cynical about the U.S. Mint acting like the Franklin Mint.
When W marks are empty holes in albums fifty years from now, those biases are extinct.
I tell young, engaged clerks about the Ws and CRH and Coinstar droppings.
I love the W hunt.
@Jzyskowski1 said: @WQuarterFreddie
Sorry to have hijacked the thread but learned a bunch from different sources, insight to the S quarter’s and more about the W’s thanks 🙏
Um....I don't feel like you hijacked the thread at all....like....where are your list of demands?😂🤣
@Fraz@Joe_360 Excellent points. Engaging with clerks and tellers in conversation. You can tell right away the ones that are interested in what you're doing. If they ask you a question and you explain what you're doing and what you're finding and the potential value... Then seeing their eyes light up! It's quite satisfying from a collector standpoint.
You would be surprised, many tellers don't know or understand coins. They just want to get rid of them because they get in the way. I've stood at tellers windows and could see silver halves sitting in their trays. COULD I PLEASE HAVE THOSE HALF DOLLARS?? Sure, take them they say!! I've even explained and showed them what to look for with the silver and copper clad edges. Some care, most do not.
I've even brought coins in (and ever an album once or twice) to show them what to look for. For those that are really really interested, I've given a coin in a 2x2 flip with my name and number on it. Asking them to give me a call if they have any question, find coins that are old or interesting or have customer with a large amount of coins they want to get rid of.
You'd be really surprised how this adds value to your searching. Don't be afraid to give away some of your secrets, it will pay off!
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
@daltex said:
The problem I have with these is that I can't contemplate the "main street" appeal. I mean with the 1955 doubled die you have something really dramatic or with the 1943 cents and war time nickels at least there is a good story. But I think this would be hard to explain to our non-collecting friends.
"Here, take a look at this. This little letter W makes these coins super scarce. It means that it was struck at West Point."
"Super scarce, huh? What does that make it worth?"
"If you find one in circulation, you could probably sell it for $10-15!"
"Great! Have fun with that. I, uh, gotta go."
I just don't think they're dramatic or rare enough to attract newcomers. I don't think that price point moves the needle for any but a few these days. I mean no one is going to spend an hour going through his change trying to find a coin that is rare enough that few of us have ever seen one, but still would rarely be enough to buy a movie ticket.
I'll believe that these have legs when I hear that the likes of @WQuarterFreddie are snapping them up on eBay at current levels.
Disagree. In fact I never cared about coin collecting. I chose stamps and my younger brother chose coins. This is one of the few times I will admit he is smarter than me. 🤣😂
When I read about the W quarters in early 2019 I was intrigued enough to join the hunt and got hooked immediately. Joined NGC, then PCGS, this forum, started CRH for them, went to FUN show and still attend the Whitman shows.
More to your point, I have learned about grading of coins, why they matter, expanded my collection from W quarters to other coins like Morgans and my prized possession which is a 1794 cent because I can't afford a 1792 or 1793 coin.🤑🤑🤑 This coin is my favorite because I learned the US Mint was founded in 1792. Never knew any of this until the W quarters program!
I carry a set of W quarters in my pocket to explain to family, friends, cashiers, bank employees, etc what they are and most find it interesting. I am surprised how many are unaware of what or where a mint mark is or what it means.😂🤣
To me, it is refreshing that the Mint produced a coin that makes people search their change for a golden ticket!🤑🤣😂
@OAKSTAR
Spot on! In the Spring of 2019, I gave the bank (BofA) assistant manager a picture of the W quarters with my number on it. She called me and gave me four rolls with W enders ! I had to explain to her, I'll take all rolls that are new, you don't have to look for the W's.
@Joe_360 said: @OAKSTAR
Spot on! In the Spring of 2019, I gave the bank (BofA) assistant manager a picture of the W quarters with my number on it. She called me and gave me four rolls with W enders ! I had to explain to her, I'll take all rolls that are new, you don't have to look for the W's.
OUTSTANDING!! 👍🏻
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
"Here, take a look at this. This little letter W makes these coins super scarce. It means that it was struck at West Point."
"Super scarce, huh? What does that make it worth?"
"If you find one in circulation, you could probably sell it for $10-15!"
"Great! Have fun with that. I, uh, gotta go."
The "main street" or "general public" often don't collect anything at all. Most of them never will.
the quarters appeal to those who like things like "collecting", "searching", or scarcity. These were intended to appeal to a broader base of people in the general public and have had some success. there is no magic switch that can be flipped to make everyone or anyone a collector but people can be encouraged with plenty of success.
Those who begin collecting because of these quarters are probably not going to stop when they achieve a complete collection. They are going to collect other things as well. i have to believe the mint wants people to collect all the coins in circulation and it's the tendency for the next step of W quarter collectors to be states quarters or even eagle reverse quarters. The mint makes a huge profit on every coin they pull out of circulation. Like a lot of promotion it is self serving. But it still profits those who find them and encourages large numbers of people to start collecting coins.
Everyone wins.
If I created mint procedures I'd vastly improve public relations, continue to make these for all circulating coins and mix them much more thoroughly.
Which brings us to the more important point of this program. We don't really know yet how well these have gotten into circulation. Such things are virtually unknowable until the coins stop turning up in AU or Unc condition. They might come out as XF's in a few years and VF's a few years after that. All we can do is wait and see.
When these came out I was working as a Bank Teller and had access to both fresh rolls and $1000 bags from our coin counters. I found a few MS ones in fresh, new rolls but many more AU ones in those coin counter bags. Still was only able to find 8 out of the 10. I no longer work at a Bank so now I just continue to search pocket change. It takes me back to when I started collecting as a kid and everything was from pocket change and searching bank rolls.
It will be interesting to see how many MS coins there will be down the road as I believe most will be circulated and pulled from change. Value on these will be determined by how many collectors are interested in obtaining nice MS examples.
Member of LSCC, EAC, Fly-In Club, BCCS Life member of ANA
@ColoradoCoinGuy said:
When these came out I was working as a Bank Teller and had access to both fresh rolls and $1000 bags from our coin counters. I found a few MS ones in fresh, new rolls but many more AU ones in those coin counter bags. Still was only able to find 8 out of the 10. I no longer work at a Bank so now I just continue to search pocket change. It takes me back to when I started collecting as a kid and everything was from pocket change and searching bank rolls.
It will be interesting to see how many MS coins there will be down the road as I believe most will be circulated and pulled from change. Value on these will be determined by how many collectors are interested in obtaining nice MS examples.
It seems there are still many people interested in buying complete sets or a raw one in my opinion.
Widgets are "valuable" because the demand exceeds the supply. Most people don't care at all about the the W quarters, but lots of people do. Enough to keep the price significant (but not really high, in the context of what we spend money on so often).
I went through dozens and dozens of rolls of quarters to complete my collection of the states/parks quarters. I never saw a W quarter, but I did get all the "regular ones" hunting coin rolls.
So I bought all the W quarters, slabbed by NGC. I "overpaid" happily, since the absolute number was low; for one small check, I got them all. I wanted a "complete set" of the quarters, and I didn't feel I had a complete set without the W quarters. And I'm too old to go through a million rolls hoping to get them all.
I don't believe that any of them ever will be really expensive (I'm talking, e.g., even a couple hundred dollars of today's money). But I do believe that there always will be a demand. Because they're fun, which is what this is supposed to be all about.
And, actually, I don't really care. I'm a collector, not an investor. When I buy an expensive coin, I do care that I'm not wasting a whole lot of money; but for relative trifles like the W quarters, I don't care much at all, since there is no possibility that that small amount of money to buy the W quarters ever will make a material difference to me.
I'm happy with my little (and I emphasize "little") purchase of the W quarters. And I'm quite certain that I'm not the only one. As I'm quite certain that, just for fun, lots of people will continue to chase these things.
Not many will be spending time here, where the quality of collections often is breathtaking. But there will be lots of them. For a long time. Yes, it's possible they'll drop in value, but I strongly suspect that there always will be a demand for them.
Widgets are "valuable" because the demand exceeds the supply. Most people don't care at all about the the W quarters, but lots of people do. Enough to keep the price significant (but not really high, in the context of what we spend money on so often).
I went through dozens and dozens of rolls of quarters to complete my collection of the states/parks quarters. I never saw a W quarter, but I did get all the "regular ones" hunting coin rolls.
So I bought all the W quarters, slabbed by NGC. I "overpaid" happily, since the absolute number was low; for one small check, I got them all. I wanted a "complete set" of the quarters, and I didn't feel I had a complete set without the W quarters. And I'm too old to go through a million rolls hoping to get them all.
I don't believe that any of them ever will be really expensive (I'm talking, e.g., even a couple hundred dollars of today's money). But I do believe that there always will be a demand. Because they're fun, which is what this is supposed to be all about.
And, actually, I don't really care. I'm a collector, not an investor. When I buy an expensive coin, I do care that I'm not wasting a whole lot of money; but for relative trifles like the W quarters, I don't care much at all, since there is no possibility that that small amount of money to buy the W quarters ever will make a material difference to me.
I'm happy with my little (and I emphasize "little") purchase of the W quarters. And I'm quite certain that I'm not the only one. As I'm quite certain that, just for fun, lots of people will continue to chase these things.
Not many will be spending time here, where the quality of collections often is breathtaking. But there will be lots of them. For a long time. Yes, it's possible they'll drop in value, but I strongly suspect that there always will be a demand for them.
What an odd post! So many twists and turns I got whiplash from reading it😂🤣
Kind of reminds me of the saying..."One man's junk is another man's treasure "
Your statement about none of them being worth more than a couple of hundred dollars is incorrect.
Many have sold for thousands of dollars! A quick search on Ebay completed items for "W quarter MS68" will document this fact!🤑🤑🤑🤑
@alpha33 said:
This is the closest thing I have to a "W" quarter....................
So educate me please. Is this a US Mint coin? I thought the only 1792 coin from the Mint was a disme and their value is in the hundred thousand dollar relm🤔.
Widgets are "valuable" because the demand exceeds the supply. Most people don't care at all about the the W quarters, but lots of people do. Enough to keep the price significant (but not really high, in the context of what we spend money on so often).
I went through dozens and dozens of rolls of quarters to complete my collection of the states/parks quarters. I never saw a W quarter, but I did get all the "regular ones" hunting coin rolls.
So I bought all the W quarters, slabbed by NGC. I "overpaid" happily, since the absolute number was low; for one small check, I got them all. I wanted a "complete set" of the quarters, and I didn't feel I had a complete set without the W quarters. And I'm too old to go through a million rolls hoping to get them all.
I don't believe that any of them ever will be really expensive (I'm talking, e.g., even a couple hundred dollars of today's money). But I do believe that there always will be a demand. Because they're fun, which is what this is supposed to be all about.
And, actually, I don't really care. I'm a collector, not an investor. When I buy an expensive coin, I do care that I'm not wasting a whole lot of money; but for relative trifles like the W quarters, I don't care much at all, since there is no possibility that that small amount of money to buy the W quarters ever will make a material difference to me.
I'm happy with my little (and I emphasize "little") purchase of the W quarters. And I'm quite certain that I'm not the only one. As I'm quite certain that, just for fun, lots of people will continue to chase these things.
Not many will be spending time here, where the quality of collections often is breathtaking. But there will be lots of them. For a long time. Yes, it's possible they'll drop in value, but I strongly suspect that there always will be a demand for them.
What an odd post! So many twists and turns I got whiplash from reading it😂🤣
Kind of reminds me of the saying..."One man's junk is another man's treasure "
Your statement about none of them being worth more than a couple of hundred dollars is incorrect.
Many have sold for thousands of dollars! A quick search on Ebay completed items for "W quarter MS68" will document this fact!🤑🤑🤑🤑
Of course, I wasn't referring to top pop versions, which always are, uh, spectacularly priced....
Never found one in circulation and so picked up sub par coins in both PCGS as well as NGC slabs just to complete the set. Perhaps now would be an ideal time to drop them off on the bay and make some buckeroos.
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you. https://www.donahuenumismatics.com/.
@The_Dinosaur_Man said:
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
They would have to come up with a better, more equitable distribution system. Some guys found none, some guys found them all.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
@The_Dinosaur_Man said:
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
They would have to come up with a better, more equitable distribution system. Some guys found none, some guys found them all.
A bit of an exaggeration but I do agree the distribution was not fair to everyone. The W quarters were supposedly dispersed mixed in with bulk bags of quarters from the Philly and Denver mints to the Frederal Reserve main offices and also to their local branches.
Some believe this never happened but I am not one of them😉
Widgets are "valuable" because the demand exceeds the supply. Most people don't care at all about the the W quarters, but lots of people do. Enough to keep the price significant (but not really high, in the context of what we spend money on so often).
I went through dozens and dozens of rolls of quarters to complete my collection of the states/parks quarters. I never saw a W quarter, but I did get all the "regular ones" hunting coin rolls.
So I bought all the W quarters, slabbed by NGC. I "overpaid" happily, since the absolute number was low; for one small check, I got them all. I wanted a "complete set" of the quarters, and I didn't feel I had a complete set without the W quarters. And I'm too old to go through a million rolls hoping to get them all.
I don't believe that any of them ever will be really expensive (I'm talking, e.g., even a couple hundred dollars of today's money). But I do believe that there always will be a demand. Because they're fun, which is what this is supposed to be all about.
And, actually, I don't really care. I'm a collector, not an investor. When I buy an expensive coin, I do care that I'm not wasting a whole lot of money; but for relative trifles like the W quarters, I don't care much at all, since there is no possibility that that small amount of money to buy the W quarters ever will make a material difference to me.
I'm happy with my little (and I emphasize "little") purchase of the W quarters. And I'm quite certain that I'm not the only one. As I'm quite certain that, just for fun, lots of people will continue to chase these things.
Not many will be spending time here, where the quality of collections often is breathtaking. But there will be lots of them. For a long time. Yes, it's possible they'll drop in value, but I strongly suspect that there always will be a demand for them.
What an odd post! So many twists and turns I got whiplash from reading it😂🤣
Kind of reminds me of the saying..."One man's junk is another man's treasure "
Your statement about none of them being worth more than a couple of hundred dollars is incorrect.
Many have sold for thousands of dollars! A quick search on Ebay completed items for "W quarter MS68" will document this fact!🤑🤑🤑🤑
Of course, I wasn't referring to top pop versions, which always are, uh, spectacularly priced....
Top pops go for thousands of dollars...the MS67 go for high hundreds so there are many W quarters worth more than you believe.
@alpha33 said:
This is the closest thing I have to a "W" quarter....................
So educate me please. Is this a US Mint coin? I thought the only 1792 coin from the Mint was a disme and their value is in the hundred thousand dollar relm🤔.
Oh by the way, I am very jealous!!😂🤣
In addition to the (pattern) 1792 Dismes you mentioned, there are also pattern 1792 Half Dismes and Quarters. Below is a link to a 2015 sale of one of the Quarters in copper. They were also struck in white metal.
Attention @WQuarterFreddie
I couldn’t think of anything to use as blackmail but now how about
No more W quarters until you get a Redbook 😂
I’m not good at hostage situations 😂
Happy New Year 🎆
( Wizard supply has 2023 red books available for $14 free shipping. eBay)
The significance of these quarters is that the mint generally doesn't deliberately produce scarcer coins for collectors at face value, designed to be saved and encourage new collectors. During the 1960s, the U.S. Govt. was trying to discourage coin collecting.
Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
@alpha33 said:
This is the closest thing I have to a "W" quarter....................
So educate me please. Is this a US Mint coin? I thought the only 1792 coin from the Mint was a disme and their value is in the hundred thousand dollar relm🤔.
Oh by the way, I am very jealous!!😂🤣
In addition to the (pattern) 1792 Dismes you mentioned, there are also pattern 1792 Half Dismes and Quarters. Below is a link to a 2015 sale of one of the Quarters in copper. They were also struck in white metal.
@Jzyskowski1 said:
Attention @WQuarterFreddie
I couldn’t think of anything to use as blackmail but now how about
No more W quarters until you get a Redbook 😂
I’m not good at hostage situations 😂
Happy New Year 🎆
( Wizard supply has 2023 red books available for $14 free shipping. eBay)
I gave you an LOL... for your demand but I still ain't gonna do it...🤣😂
I hope you and your family have a safe and happy holiday weekend!🥳🥳🥳
@The_Dinosaur_Man said:
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
They would have to come up with a better, more equitable distribution system. Some guys found none, some guys found them all.
There were two big problems with the distribution. One is easy to fix the other isn't.
Too many were placed in each bag. This allowed them to be snatched up enmass. The other is that most of the bags went to the exact same cities because they were only mixed with brand new coin. If a city was a net exporter of coins they received none. Fixing the former problem would help the latter one. It would also make BU's much scarcer.
There should never be more than a couple W's per roll. Like all varieties the problem is in finding the first one because there will be many more around it. But with the W's they really should be added right to the production line so they are mixed more randomly. In fact they could even be mixed a little with other issues so they stand out more in the roll.
It really is a great idea and was well executed though there is room for improvement and expansion.
Of course pennies should be omitted. They are a nuisance and they are ugly and corroded. Why draw attention to an eyesore and an albatross.
@alpha33 said:
This is the closest thing I have to a "W" quarter....................
So educate me please. Is this a US Mint coin? I thought the only 1792 coin from the Mint was a disme and their value is in the hundred thousand dollar relm🤔.
Oh by the way, I am very jealous!!😂🤣
In addition to the (pattern) 1792 Dismes you mentioned, there are also pattern 1792 Half Dismes and Quarters. Below is a link to a 2015 sale of one of the Quarters in copper. They were also struck in white metal.
@The_Dinosaur_Man said:
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
They would have to come up with a better, more equitable distribution system. Some guys found none, some guys found them all.
There were two big problems with the distribution. One is easy to fix the other isn't.
Too many were placed in each bag. This allowed them to be snatched up enmass. The other is that most of the bags went to the exact same cities because they were only mixed with brand new coin. If a city was a net exporter of coins they received none. Fixing the former problem would help the latter one. It would also make BU's much scarcer.
There should never be more than a couple W's per roll. Like all varieties the problem is in finding the first one because there will be many more around it. But with the W's they really should be added right to the production line so they are mixed more randomly. In fact they could even be mixed a little with other issues so they stand out more in the roll.
It really is a great idea and was well executed though there is room for improvement and expansion.
Of course pennies should be omitted. They are a nuisance and they are ugly and corroded. Why draw attention to an eyesore and an albatross.
I was ready to award you an AGREE but then you trashed the penny.....there are many members on here that love the penny as much as I love the W quarter.
@The_Dinosaur_Man said:
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
They would have to come up with a better, more equitable distribution system. Some guys found none, some guys found them all.
A bit of an exaggeration but I do agree the distribution was not fair to everyone. The W quarters were supposedly dispersed mixed in with bulk bags of quarters from the Philly and Denver mints to the Frederal Reserve main offices and also to their local branches.
Some believe this never happened but I am not one of them😉
Exactly what part of my statement did you consider exaggerated?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Great discussion! I've been on the lookout for these in circulation since the beginning and have found 4 or 5 I sort of stopped counting, but I have saved them and I know I don't have one of each yet. I don't do coin roll hunting as part of the hobby, but I can surely appreciate the fun factor for those that do.
The solution to distribution may take several rounds to find the best approach, similar to electoral votes (not trying to get political, just using the example in regards to distribution).
Imagine taking yourself back to 1909. You had Philadelphia, Denver, New Orleans, and San Francisco. Imagine having the resources we have today plus coin boards and coin albums and all that jazz. Mintages would not be finalized until early 1910. In time, you can fill all the necessary slots for Indian Cents, the Liberty Nickel, the Barber silver series, and maybe the gold coins if you get that far. And then you turn your attention to your half eagle set and struggle to find that 1909-O, not knowing that it had an extremely low mintage. Sure you could find a dealer that has one and buy it off of him for a strict premium, but where is the fun in that?
This is what I like most about the W quarter program and why it should be resurrected and expanded.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you. https://www.donahuenumismatics.com/.
Great discussion! I've been on the lookout for these in circulation since the beginning and have found 4 or 5 I sort of stopped counting, but I have saved them and I know I don't have one of each yet. I don't do coin roll hunting as part of the hobby, but I can surely appreciate the fun factor for those that do.
Yeah...I miss those days. I know @joeykoins is still hunting for them but they are too circulated for me to keep accumulating them at this point.
I still have many W ender new coin rolls that I will eventually open but I am done for now.😎
This is a thread I started last year. Missed the one year anniversary date which was yesterday.🤣😂
2024 is the 5 year anniversary of the 2019 W quarters which at the time were the ONLY quarters ever produced by the West Point Mint until they released the 2020 V75 versions.
I encourage everyone to read this thread from the beginning as we hopefully continue the discussion on the value and importance of the W quarters. Hard to believe another year is in the history books!😎
Looking back and reading the thread reminded me of the importance of this forum and of the members who take the time to contribute their opinions and knowledge to the threads. You will find comments from ricko whom never found one in his change but he always started my day with a Cheers! comment on the few threads I read each day before I got out of bed. I miss him and he always made me smile!😎
A quick search of completed sales on Ebay documents that the demand and value of the W quarters remain strong which I find amazing since my LCS owner and 99% of the dealers at the Whitman coin show don't sell them nor have any interest in buying them.😂🤣
However, it is obvious to me that there is still a demand for new "uncirculated" and even raw circulated W quarters today which are still worth more than a junk silver quarter. 😎
Has anyone found a W quarter in their change this year? I have not, but I still look every time I receive a quarter.😉
Comments
We will find out once there are two million collectors. In the meantime, searchers will become researchers. And that's as good for the hobby as the high and low leaf Wisconsin. D minted statehood quarters.
@OAKSTAR ... Yes, I did receive one from a forum member, for free. I did not say I did not have any W quarters, I said I have not found any in change during daily commerce - usually referred to as 'in the wild'... Cheers, RickO
A friend and fellow collector actually was able to get a few, he sent me 2 and I won 1 in a contest. I never found any in circulation though. If they stayed in circulation for any time, they got ugly pretty quick.
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
@hfjacinto
Nice pics! Love the MS66's😎
I know.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
You mean like the key date 1937-S?
The problem I have with these is that I can't contemplate the "main street" appeal. I mean with the 1955 doubled die you have something really dramatic or with the 1943 cents and war time nickels at least there is a good story. But I think this would be hard to explain to our non-collecting friends.
"Here, take a look at this. This little letter W makes these coins super scarce. It means that it was struck at West Point."
"Super scarce, huh? What does that make it worth?"
"If you find one in circulation, you could probably sell it for $10-15!"
"Great! Have fun with that. I, uh, gotta go."
I just don't think they're dramatic or rare enough to attract newcomers. I don't think that price point moves the needle for any but a few these days. I mean no one is going to spend an hour going through his change trying to find a coin that is rare enough that few of us have ever seen one, but still would rarely be enough to buy a movie ticket.
I'll believe that these have legs when I hear that the likes of @WQuarterFreddie are snapping them up on eBay at current levels.
I've only found 3 of which I gave 2 to forum members for their collection. I've kept the one for some reason, probably because I won't find another. I think they went to large cities for some reason.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Actually they do have to many some of the appeal of your examples, like the 55 DD or war nickels, and especially the privy-marked "swimming pool" 2020 W quarters.
Well, just Love coins, period.
@WQuarterFreddie
Sorry to have hijacked the thread but learned a bunch from different sources, insight to the S quarter’s and more about the W’s thanks 🙏
🎶 shout shout, let it all out 🎶
@Daltex
No, it means the only quarters ever struck at West Point.... What if you found over 500 of them? Humm....
What does that make worth? How about a 1982 MS65, 1883 MS65 and 1884 UNC CC silver dollars for change?
"Here, take a look at this. This little letter W makes these coins super scarce. It means that it was struck at West Point."
"Super scarce, huh? What does that make it worth?"
"If you find one in circulation, you could probably sell it for $10-15!" "Great! Have fun with that. I, uh, gotta go."
If I were the same kid now as I was in ‘63 the West Point stuff would excite me.
Our contemporaries are cynical about the U.S. Mint acting like the Franklin Mint.
When W marks are empty holes in albums fifty years from now, those biases are extinct.
I tell young, engaged clerks about the Ws and CRH and Coinstar droppings.
I love the W hunt.
@Fraz
I do the same, tell clerks and tellers, also nice engagements....
I tell young, engaged clerks about the Ws and CRH and Coinstar droppings.
How does their fiance feel about this?
Wash up afterward.
Um....I don't feel like you hijacked the thread at all....like....where are your list of demands?😂🤣
@Fraz @Joe_360 Excellent points. Engaging with clerks and tellers in conversation. You can tell right away the ones that are interested in what you're doing. If they ask you a question and you explain what you're doing and what you're finding and the potential value... Then seeing their eyes light up! It's quite satisfying from a collector standpoint.
You would be surprised, many tellers don't know or understand coins. They just want to get rid of them because they get in the way. I've stood at tellers windows and could see silver halves sitting in their trays. COULD I PLEASE HAVE THOSE HALF DOLLARS?? Sure, take them they say!! I've even explained and showed them what to look for with the silver and copper clad edges. Some care, most do not.
I've even brought coins in (and ever an album once or twice) to show them what to look for. For those that are really really interested, I've given a coin in a 2x2 flip with my name and number on it. Asking them to give me a call if they have any question, find coins that are old or interesting or have customer with a large amount of coins they want to get rid of.
You'd be really surprised how this adds value to your searching. Don't be afraid to give away some of your secrets, it will pay off!
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Disagree. In fact I never cared about coin collecting. I chose stamps and my younger brother chose coins. This is one of the few times I will admit he is smarter than me. 🤣😂
When I read about the W quarters in early 2019 I was intrigued enough to join the hunt and got hooked immediately. Joined NGC, then PCGS, this forum, started CRH for them, went to FUN show and still attend the Whitman shows.
More to your point, I have learned about grading of coins, why they matter, expanded my collection from W quarters to other coins like Morgans and my prized possession which is a 1794 cent because I can't afford a 1792 or 1793 coin.🤑🤑🤑 This coin is my favorite because I learned the US Mint was founded in 1792. Never knew any of this until the W quarters program!
I carry a set of W quarters in my pocket to explain to family, friends, cashiers, bank employees, etc what they are and most find it interesting. I am surprised how many are unaware of what or where a mint mark is or what it means.😂🤣
To me, it is refreshing that the Mint produced a coin that makes people search their change for a golden ticket!🤑🤣😂
@OAKSTAR
! I had to explain to her, I'll take all rolls that are new, you don't have to look for the W's. 
Spot on! In the Spring of 2019, I gave the bank (BofA) assistant manager a picture of the W quarters with my number on it. She called me and gave me four rolls with W enders
OUTSTANDING!! 👍🏻
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
The "main street" or "general public" often don't collect anything at all. Most of them never will.
the quarters appeal to those who like things like "collecting", "searching", or scarcity. These were intended to appeal to a broader base of people in the general public and have had some success. there is no magic switch that can be flipped to make everyone or anyone a collector but people can be encouraged with plenty of success.
Those who begin collecting because of these quarters are probably not going to stop when they achieve a complete collection. They are going to collect other things as well. i have to believe the mint wants people to collect all the coins in circulation and it's the tendency for the next step of W quarter collectors to be states quarters or even eagle reverse quarters. The mint makes a huge profit on every coin they pull out of circulation. Like a lot of promotion it is self serving. But it still profits those who find them and encourages large numbers of people to start collecting coins.
Everyone wins.
If I created mint procedures I'd vastly improve public relations, continue to make these for all circulating coins and mix them much more thoroughly.
Which brings us to the more important point of this program. We don't really know yet how well these have gotten into circulation. Such things are virtually unknowable until the coins stop turning up in AU or Unc condition. They might come out as XF's in a few years and VF's a few years after that. All we can do is wait and see.
It will be very instructive whatever happens.
@cladking
Well said and thank you!
When these came out I was working as a Bank Teller and had access to both fresh rolls and $1000 bags from our coin counters. I found a few MS ones in fresh, new rolls but many more AU ones in those coin counter bags. Still was only able to find 8 out of the 10. I no longer work at a Bank so now I just continue to search pocket change. It takes me back to when I started collecting as a kid and everything was from pocket change and searching bank rolls.
It will be interesting to see how many MS coins there will be down the road as I believe most will be circulated and pulled from change. Value on these will be determined by how many collectors are interested in obtaining nice MS examples.
Life member of ANA
It seems there are still many people interested in buying complete sets or a raw one in my opinion.
What an odd thread!
Widgets are "valuable" because the demand exceeds the supply. Most people don't care at all about the the W quarters, but lots of people do. Enough to keep the price significant (but not really high, in the context of what we spend money on so often).
I went through dozens and dozens of rolls of quarters to complete my collection of the states/parks quarters. I never saw a W quarter, but I did get all the "regular ones" hunting coin rolls.
So I bought all the W quarters, slabbed by NGC. I "overpaid" happily, since the absolute number was low; for one small check, I got them all. I wanted a "complete set" of the quarters, and I didn't feel I had a complete set without the W quarters. And I'm too old to go through a million rolls hoping to get them all.
I don't believe that any of them ever will be really expensive (I'm talking, e.g., even a couple hundred dollars of today's money). But I do believe that there always will be a demand. Because they're fun, which is what this is supposed to be all about.
And, actually, I don't really care. I'm a collector, not an investor. When I buy an expensive coin, I do care that I'm not wasting a whole lot of money; but for relative trifles like the W quarters, I don't care much at all, since there is no possibility that that small amount of money to buy the W quarters ever will make a material difference to me.
I'm happy with my little (and I emphasize "little") purchase of the W quarters. And I'm quite certain that I'm not the only one. As I'm quite certain that, just for fun, lots of people will continue to chase these things.
Not many will be spending time here, where the quality of collections often is breathtaking. But there will be lots of them. For a long time. Yes, it's possible they'll drop in value, but I strongly suspect that there always will be a demand for them.
What an odd post! So many twists and turns I got whiplash from reading it😂🤣
Kind of reminds me of the saying..."One man's junk is another man's treasure "
Your statement about none of them being worth more than a couple of hundred dollars is incorrect.
Many have sold for thousands of dollars! A quick search on Ebay completed items for "W quarter MS68" will document this fact!🤑🤑🤑🤑
“ one man gathers what another man spills “. St. Steveo. Grateful Dead 😁🙏
🎶 shout shout, let it all out 🎶
So educate me please. Is this a US Mint coin? I thought the only 1792 coin from the Mint was a disme and their value is in the hundred thousand dollar relm🤔.
Oh by the way, I am very jealous!!😂🤣
Of course, I wasn't referring to top pop versions, which always are, uh, spectacularly priced....
Never found one in circulation and so picked up sub par coins in both PCGS as well as NGC slabs just to complete the set. Perhaps now would be an ideal time to drop them off on the bay and make some buckeroos.
https://www.pcgs.com/setregistry/u-s-coins/quarters/PCGS-2020-quarter-quest/album/247091
I've always considered the "W" quarter program to be one of the best ideas the Mint came up with in the last half century. The fact that they are to be found in regular pocket change and not paid for at a premium over face value lends more to the spirit of collecting than does any commemorative or bullion issue.
We really need more of this. More limited runs out of West Point, out of San Francisco, hell they could even fire up the press at Carson City for a secret midnight run of sorts.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you.
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They would have to come up with a better, more equitable distribution system. Some guys found none, some guys found them all.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
A bit of an exaggeration but I do agree the distribution was not fair to everyone. The W quarters were supposedly dispersed mixed in with bulk bags of quarters from the Philly and Denver mints to the Frederal Reserve main offices and also to their local branches.
Some believe this never happened but I am not one of them😉
Top pops go for thousands of dollars...the MS67 go for high hundreds so there are many W quarters worth more than you believe.
Well you missed the opportunity to educate not only me but I am sure other newbies here on the forum. If I had a Redbook I wouldn't have to ask you.
I was just trying to have a discussion with you. Quite frankly, I don't even need the Redbook. Nowadays we just GOOGLE it my friend. 😎
In addition to the (pattern) 1792 Dismes you mentioned, there are also pattern 1792 Half Dismes and Quarters. Below is a link to a 2015 sale of one of the Quarters in copper. They were also struck in white metal.
https://coins.ha.com/itm/patterns-and-prototypes/1792-p25c-copper-quarter-dollar-judd-12-pollock-14-ms63-brown-ngc-cac-pcgs-11033-/a/1216-5511.s?ic4=ListView-ShortDescription-071515
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Attention @WQuarterFreddie
I couldn’t think of anything to use as blackmail but now how about
No more W quarters until you get a Redbook 😂
I’m not good at hostage situations 😂
Happy New Year 🎆
( Wizard supply has 2023 red books available for $14 free shipping. eBay)
🎶 shout shout, let it all out 🎶
The significance of these quarters is that the mint generally doesn't deliberately produce scarcer coins for collectors at face value, designed to be saved and encourage new collectors. During the 1960s, the U.S. Govt. was trying to discourage coin collecting.
Thank you for the lesson! I appreciate you! This is why I still hang out here!
I hope you and your family have a safe and happy holiday weekend!🥳🥳🥳😎
I gave you an LOL... for your demand but I still ain't gonna do it...🤣😂
I hope you and your family have a safe and happy holiday weekend!🥳🥳🥳
There were two big problems with the distribution. One is easy to fix the other isn't.
Too many were placed in each bag. This allowed them to be snatched up enmass. The other is that most of the bags went to the exact same cities because they were only mixed with brand new coin. If a city was a net exporter of coins they received none. Fixing the former problem would help the latter one. It would also make BU's much scarcer.
There should never be more than a couple W's per roll. Like all varieties the problem is in finding the first one because there will be many more around it. But with the W's they really should be added right to the production line so they are mixed more randomly. In fact they could even be mixed a little with other issues so they stand out more in the roll.
It really is a great idea and was well executed though there is room for improvement and expansion.
Of course pennies should be omitted. They are a nuisance and they are ugly and corroded. Why draw attention to an eyesore and an albatross.
Thank you and I wish you the same.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I was ready to award you an AGREE but then you trashed the penny.....there are many members on here that love the penny as much as I love the W quarter.
No AGREE for you!🤣😂
Exactly what part of my statement did you consider exaggerated?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Great discussion! I've been on the lookout for these in circulation since the beginning and have found 4 or 5 I sort of stopped counting, but I have saved them and I know I don't have one of each yet. I don't do coin roll hunting as part of the hobby, but I can surely appreciate the fun factor for those that do.
The solution to distribution may take several rounds to find the best approach, similar to electoral votes (not trying to get political, just using the example in regards to distribution).
Imagine taking yourself back to 1909. You had Philadelphia, Denver, New Orleans, and San Francisco. Imagine having the resources we have today plus coin boards and coin albums and all that jazz. Mintages would not be finalized until early 1910. In time, you can fill all the necessary slots for Indian Cents, the Liberty Nickel, the Barber silver series, and maybe the gold coins if you get that far. And then you turn your attention to your half eagle set and struggle to find that 1909-O, not knowing that it had an extremely low mintage. Sure you could find a dealer that has one and buy it off of him for a strict premium, but where is the fun in that?
This is what I like most about the W quarter program and why it should be resurrected and expanded.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you.
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.> @jedm said:
Yeah...I miss those days. I know @joeykoins is still hunting for them but they are too circulated for me to keep accumulating them at this point.
I still have many W ender new coin rolls that I will eventually open but I am done for now.😎
This is a thread I started last year. Missed the one year anniversary date which was yesterday.🤣😂
2024 is the 5 year anniversary of the 2019 W quarters which at the time were the ONLY quarters ever produced by the West Point Mint until they released the 2020 V75 versions.
I encourage everyone to read this thread from the beginning as we hopefully continue the discussion on the value and importance of the W quarters. Hard to believe another year is in the history books!😎
Looking back and reading the thread reminded me of the importance of this forum and of the members who take the time to contribute their opinions and knowledge to the threads. You will find comments from ricko whom never found one in his change but he always started my day with a Cheers! comment on the few threads I read each day before I got out of bed. I miss him and he always made me smile!😎
A quick search of completed sales on Ebay documents that the demand and value of the W quarters remain strong which I find amazing since my LCS owner and 99% of the dealers at the Whitman coin show don't sell them nor have any interest in buying them.😂🤣
However, it is obvious to me that there is still a demand for new "uncirculated" and even raw circulated W quarters today which are still worth more than a junk silver quarter. 😎
Has anyone found a W quarter in their change this year? I have not, but I still look every time I receive a quarter.😉