When the music's over.

cladking

Many collectors seem to be concerned that the newbies will be badly burned
when the states quarter program is completed at the end of the decade and
the price crashes. It is most encouraging that there is so very much concern
for the interests and collections of these poor downtrodden and misguided
folks. By all means they need to be warned off of collecting anything circulating,
clad, or modern. Obviously collecting such things can't be enjoyable, and the
monetary loss will be extreme when the party's over and the hangovers kick in.
Our motives are purely altruistic since it is the very lifeblood of the hobby we're
turning away. If there's no new generation of collectors then at least we'll still
have had the pleasure of having our pieces of history during our own lifetimes.

Maybe we could petition the government to leave the new designs and the states
quarters in circulation when the program is over. This way they could remain in
circulation as beacons to attract new collectors for many years and the newbies
might not be burned so badly. Just a thought. Maybe we need a poll: Should
the states quarters be left in circulation after they are all made or pulled out and
melted.

Dog97

I think they might lose interest but I don't think any will be burned. You're probably thinking about the guys that buy ms68 pop1 slabs @ $2k but that is a few highly specialized collectors doing that. The average ST Q collector doesn't even have a clue those things even exist or even care.

FC57Coins

I think they'll stay in circulation. And given the quality of uncirculated material, especially of late, I'd say that the true gems found thus far will retain some of their value. By the time the series is over there'll be so many of these puppies in circulation that the government will be hard pressed to justify the cost of putting them out of circulation and melting them. As for what may happen in the future, that's anyone's guess. I draw your attention to my beloved Franklin series, which was poo-poo'ed because of it's lack of key dates and relatively high mintages for the period. In the past two years I've seen prices climb steadily in this series, and people begin to realize that there are certain "grade" rarities. So I say - collect what you like and don't worry about what people say. I for one refuse to pay $5,000 for a state quarter, or for that matter any other coin that does not have a proven track record of holding it's value. So beit, I may not hit any homeruns, but I'll also enjoy this hobby and not lose too much sleep over it.

Frank

agentjim007

highly specialized collectors

Dog did you really mean collectors? Chumps come to my mind

Dog97

I'm not touching that Jim! Callem whatever you want to.