Home› U.S. Coin Forum
Options

1983 quarter

why is the P worth $20 in ms 65 and the D as 15$ . i have a few of each in high grade. but are they really that rare in those grades? i havent seen many high grades outside my finds in the change but still 4 or 5 of ea should raise a brow
Founder of the NDCCA. *WAM Count : 025. *NDCCA Database Count : 2,610. *You suck 6/24/10. <3 In memory of Tiggar 5/21/1994 - 5/28/2010 <3
image

Comments

  • Options
    There weren't any mintsets made in 82 and 83 and not many rolls were probably saved. But the mintage was huge, so - for a common date it's worth something to someone in MS65 condition.
  • Options
    Cam40Cam40 Posts: 8,146 ✭
    same with Jeffs of the same years and mint marks. Despite the higher minted Ps, those command a slightly
    better premium than the lower mintage Ds.

    sure theres a reasonable explaination for this.
  • Options
    cladkingcladking Posts: 30,355 ✭✭✭✭✭
    The '83-P now wholesales at more than $20 in MS60. That's more than $800 per roll.
    The coins have to be nice attractive BU and are a tough sell if they are banged up and
    poorly struck. In MS-65 this is actually a scarce coin and will sell for much more even
    raw.

    Mint sets were discontinued in 1982 as part of Reagan's cost cutting efforts which simply
    exposed how few modern coins were actually being set aside. In the past it was always
    possible for the few collectors of this material to find a supply of choice coins in the mint sets
    issued annually. Without the sets they had to turn to rolls and bags for the coins to com-
    plete the sets of current coin. Very few rolls and bags were set aside. Numbers were up from
    other dates of the era because it was known there'd be no sets, but these numbers were still
    wholly inadequate for the anemic demand.

    There have long been more moderns set aside by westerners than by easterners. There are
    several possibilities for why this is but part of the reason is likely to be just that the Denver
    mint coins are usually better made. Many times the clad Philly issues are very unattractive and
    this is not conducive to setting aside examples.

    Finding MS-65 exmples of this coin will prove problematical. While most of the surviving uncs
    remain in their original condition this is typically quite poor. Gems can be found in one of the
    10,000 souvenir sets which were made and sold to mint visitors but are extremely elusive. These
    issues tend to have a lot of strike problems. There were other mint sets made by private con-
    cerns and one of these is a little better for finding gems.

    Most collectors are happy with a nice choice coin for this date and this will prove sufficiently
    difficult to find.

    There is a small motto reverse in existence for both the '83-P and '83-D. Neither is especially
    rare but both are even tougher to find nice.
    tempus fugit extra philosophiam.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file