2024 Women quarters available 2/1/2024
Glen2022
Posts: 933 ✭✭✭✭
The 2024 women quarters sets will be available on 2/1/24. The Rev. Dr. Pauli Murray is 1st up.
Good news: price remains the same, $60.00 for 3 roll PDS sets.
Bad news: increased mintage to 16,625 sets, some 4000 additional sets as compared to 2023.
No thanks, have canceled my subscription. May be able to get them from eBay at less than issue price later, but there is no guarantee.
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Comments
Not worth collecting the rolls, they were way over hyped. I get the one set of uncirculated coins, proof and silver proof sets and call it a day.
They will dampen the interest in these if they mint too many.
One reason these 3-roll sets sell at all, was to get a "limited mintage" roll of the S-mint quarters.
I am losing interest fast with this announcement of another mintage increase and may cancel as well.
My US Mint Commemorative Medal Set
Understandable. But, as long as they sell out, you really can't blame the Mint for wanting to satisfy demand.
After all, it's still a "limited mintage" as compared to hundreds of million made for circulation, and should hold value if they sell out. As with everything else, particularly the Morgan and Peace dollars, the idea is to get product into the hands of collectors. Not to create home runs for the fortunate few.
If you really want them, holding out to see if they are later available at less than issue price is a gamble. And, if you are only buying them to flip, the Mint doesn't really care about you.
They want to be the ones doing the flipping themselves, selling $30 in quarters for $60. They could get to the same place by raising the price to reduce demand, but this is the route they chose to take. Count on them to keep jacking up mintages until they don't sell out. Then they'll know the ceiling for demand at 2x face, and they'll reduce mintages accordingly.
Isn't there still Maria Tallchief pds rolls still available? Not a great sign, when they're bumping mintage up 1/3 more, going forward.
Yes, still there:
https://catalog.usmint.gov/on/demandware.store/Sites-USM-Site/default/Product-Variation?pid=MASTER_AWQMT&dwvar_MASTER__AWQMT_MASTER_AWQMT=23WRK&source=detail&Quantity=1
True. If they are not selling out the current mintage, it makes no sense to offer even more at the same price. OTOH, if the higher announced mintage causes even fewer people to buy even less of them, that can only help future values for those who buy them anyway.
Wake me when the "W's" are back.
"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
I'm just looking for 3 each P & D singles to keep our collections up-to-date each year. Living just outside Philly & their Mint, I'm still looking for a few D's for both Edith Kanaka'ole & Eleanor Roosevelt. But, worse yet, I have YET to see a SINGLE Jovita Idar or Maria Tallchief in change from EITHER the P or D mint, and we're now in 2024!! What's going on?
UPDATE 7/3/24: STILL have YET to see a single IDAR in the wild, but at least got my fill (4 solid rolls!) and then some of the P-mint "Tallchief" quarters. But only 2 single 2024-P quarters so far. WHERE are they all hiding? (Especially the IDARs).
Ouch.
I just looked and noticed the 2024 distribution was today, thought I had more time. Noticed the mintage increase. I was going to drop a subscription but too late for this one. These were a good deal when mintage was at 300k. Not so great at 500k. Now at 665k mintage I don't see these as selling out and I foresee a further drop in interest. If they would melt the unsold quarter rolls one could hope for a rarity showing up in the future but I doubt they would melt these.
Zzzzzz hhmmft ummm ok
nap time
I wouldn't mind picking up a couple of the S mint rolls at 2x face. You can't go too wrong at $40 for two rolls of quarters. My issue with these at this higher mintage is having to pay 2x face for the P&D rolls also. $120 for two S mint rolls minus $40 in spending change puts theses at $40/roll. I don't mind the Mint minting these to demand, let the market determine the mintage. But lets price these fairly and offer them accordingly.
What's "fair"? 2 million W quarters sell for how much each? They are making 665,000 of each of these, and you can buy them for $1 each. Doesn't seem crazy to me.
If these were out in the wild, people would be spending countless hours (which is not without a cost) hunting them down to buy them for $0.25, and then sell them for FAR more than the $1 the Mint is asking. And people who wanted the coins would happily pay the premium, because they value their time more than the premium the market would bear.
This way, people can get as many as they want of a very limited mintage, from the comfort of their computer, and they are complaining about paying 4x face. Unbelievable.
Turns out people don't really want the coins. They only want the easy flip, which doesn't exist with 16,625 rolls selling for $60 a set. Too bad. The Mint is catering to collectors, not flippers.
How many W quarters "survived" in mint state? The mint makes profit at minting quarters at face value. They can make plenty of profit at 2x face. I would be more likely to continue buying these if I could buy the S mint rolls without the P&D rolls being tacked on. There is no flip here and I don't see any long term value in purchasing these at this price, which is why I am whining here. I don't like to purchase something knowing it looses value before I open it. Also if you notice, I suggested that the mint should mint these to demand, price them fairly and let the market determine what the mintage will be. That would cater 100% to collectors and keep flippers out.
I understand. But, the numismatic program is designed to satisfy demand AND generate a profit for the Treasury. Not merely break even, or possibly lose money.
Also, I am pretty sure that each and every W quarter, in any condition, sells for more than $1 each, and there are 2,000,000 of them floating around out there. The price is not unfair, even if you don't like it because you don't see long term value in a $1 clad quarter with a mintage of 665,000.
As I said, if you had to chase them in the wild, you'd see long term value at a multiple of $1, regardless of condition, given that 2,000,000 W quarters have so far held that value for a few years and counting. You just don't like paying more than 50 cents each for them because you're looking for a guaranteed flip, not "fair" value.
The MBAs crunching numbers for them have apparently figured out that the Mint will do far better offering 16,625 sets of rolls for $60 than minting S-rolls to demand at $20. So, that's what they are doing.
The irony is, if they offered unlimited quantities, there probably wouldn't be a lot of demand. After all, you can get as many P and D rolls as you want at $10 each. How many do you buy when each new quarter is released?
I collect them because I like the Laura Gardin Fraser rendition of Washington.
Pete
The W is on the same side of the Coin as the S. The problem lies in the back of the coin. No one cares about it. If they released W coins into the wild, The W coins would still sell for more than the S coins. Unless, they only release the S coins to the wild as well.
I only collect the silver proofs.
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
Yeah, the obv is awesome. The reverses, not so much.