A possible reason why there are fewer MS 1932-D quarters than S's
Boom
Posts: 10,165 ✭
Well the link didn't work , so I may as well attempt to convey what I read. "Come on comprehensive reading skills." Better to at least try to finish what I started than to quit.
As we all know, when this new Quarter was introduced... meant to be a commemorative for President Washington's birthday-this Nation was in the throes of The Great Depression. Since it WAS intended only to be a one year commemorative,(thus no 33's) mintages for all 3 Mints were relatively low.
The long and short of it is simply this. The Philadelphia Mint met their quota and these quarters which under the circumstances was a lot of money, were given away just a few per person , indeed to Commemorate the President's Birthday, to all who would stand and wait for them to accomplish the "Celebration" but also to boost the morale of a dying Nation.
San Francisco kicked off their such promotion later in the Summer Months of that year but the Denver Mint did not even get started until August, by which time the newness-the novelty had long worn off. Bear in mind that communications was very poor at best and none of the millions of starving Americans cared about what might happen "one day" long after they were dead and gone...thus when the Denver specimens came out people used them to eat-to survive!
This, from reading, is the opinion of a well respected Numismatist who had dedicated himself to this particular study. This was his best rationale as to why more San Francisco pieces "survived" in Mint State than the Denver pieces, even though fewer Frisco pieces were minted.
Now that It's 3:15 in the morning and I did such a poor job of creating a link, I apologize for butchering what was intended to be interesting reading and reasoning for this "Mystery." By the time the Denver pieces came out, bottom line is- the novelty had worn off and fewer Denver pieces were stashed away versus the earlier minted San Francisco pieces! Therefore PCGS ought to be a little more lenient in the grading of ANY of these truly historical pieces that survived at all. It's a pity to issue a "no grade" to an otherwise pristeen piece that exhibits a few hairlines or cabinet marks! JMHO...think about it!Whew! Well- I tried! ..................................
As we all know, when this new Quarter was introduced... meant to be a commemorative for President Washington's birthday-this Nation was in the throes of The Great Depression. Since it WAS intended only to be a one year commemorative,(thus no 33's) mintages for all 3 Mints were relatively low.
The long and short of it is simply this. The Philadelphia Mint met their quota and these quarters which under the circumstances was a lot of money, were given away just a few per person , indeed to Commemorate the President's Birthday, to all who would stand and wait for them to accomplish the "Celebration" but also to boost the morale of a dying Nation.
San Francisco kicked off their such promotion later in the Summer Months of that year but the Denver Mint did not even get started until August, by which time the newness-the novelty had long worn off. Bear in mind that communications was very poor at best and none of the millions of starving Americans cared about what might happen "one day" long after they were dead and gone...thus when the Denver specimens came out people used them to eat-to survive!
This, from reading, is the opinion of a well respected Numismatist who had dedicated himself to this particular study. This was his best rationale as to why more San Francisco pieces "survived" in Mint State than the Denver pieces, even though fewer Frisco pieces were minted.
Now that It's 3:15 in the morning and I did such a poor job of creating a link, I apologize for butchering what was intended to be interesting reading and reasoning for this "Mystery." By the time the Denver pieces came out, bottom line is- the novelty had worn off and fewer Denver pieces were stashed away versus the earlier minted San Francisco pieces! Therefore PCGS ought to be a little more lenient in the grading of ANY of these truly historical pieces that survived at all. It's a pity to issue a "no grade" to an otherwise pristeen piece that exhibits a few hairlines or cabinet marks! JMHO...think about it!Whew! Well- I tried! ..................................
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http://it could be-and this is just a guess-that the 1932-d quarters were released into circulation a bit later than the 1932 and 1932-s, by which time the novelty of the new design had faded, and thus fewer were saved./
Seems to me there should be more DENVER MS coins. yeah, they were used for survival after the novelty wore off.....but did they ALL go out or were some put away...stashed...preserving them better.
hmmmmmmmm
for 3:15 in the morning....not bad boomer.
Can you please use (or learn to use) the return key in your postings? Also, a little more spacing?
Your messages are not sure (except for your TTT messages) and they make the eyes weary. If you break things out into smaller paragraphs and use spacing, it will probably engender more people to read them and maybe comment.
Case in point...I have read your posts and rants before, but for this one, I started reading it and it hurt my eyes, so I didn't get past "Well the link didn't work, "
Not sure how many others do the same thing.
Just FYI
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
>>>
"Well the link didn't work , so I may as well attempt to convey what I read. "Come on comprehensive reading skills." ...Here goes nothing. Better to at least try to finish what I started than to quit.
As we all know, when this new Quarter was introduced... meant to be a commemorative for President Washington's birthday-this Nation was in the throes of The Great Depression. Since it WAS intended only to be a one year commemorative,(thus no 33's) mintages for all 3 Mints were relatively low.
The long and short of it is simply this. The Philadelphia Mint met their quota and these quarters which under the circumstances was a lot of money, were given away just a few per person , indeed to Commemorate the President's Birthday, to all who would stand and wait for them to accomplish the "Celebration" but also to boost the morale of a dying Nation. San Francisco kicked off their such promotion later in the Summer Months of that year but the Denver Mint did not even get started until August, by which time the newness-the novelty had long worn off. Bear in mind that communications was very poor at best and none of the millions of starving Americans cared about what might happen "one day" long after they were dead and gone...thus when the Denver specimens came out people used them to eat-to survive!
This, from reading, is the opinion of a well respected Numismatist who had dedicated himself to this particular study. This was his best rationale as to why more San Francisco pieces "survived" in Mint State than the Denver pieces, even though fewer Frisco pieces were minted.
Now that It's 3:15 in the morning and I did such a poor job of creating a link, I apologize for butchering what was intended to be interesting reading and reasoning for this "Mystery."
By the time the Denver pieces came out, bottom line is- the novelty had worn off and fewer Denver pieces were stashed away versus the earlier minted San Francisco pieces! Therefore PCGS ought to be a little more lenient in the grading of ANY of these truly historical pieces that survived at all. It's a pity to issue a "no grade" to an otherwise pristeen piece that exhibits a few hairlines or cabinet marks! JMHO...think about it!Whew! Well- I tried! .................................. " <<<<<
I would add that a lot the "D" mints were distributed into what was the "dust bowl" where they were spent to put food on the table, as Boom has stated, but also subjecting them to a very abrassive enviorment.
I don't think, however that PCGS should be any more lenient on this date than they are.
Don
more desirable than any other mint so it was typical for more to
be saved than others. Even after coins got into circulation there
was a tendency for S mint coins to be pulled out.
San Diego, CA
<< <i>I don't know how to do this! I'm sure it's not difficult-I just don't know how. >>
Boom went to the doops school of typing.
Look for key marked Enter. It's a big key on your keyboard.
Press it twice while typing
See what it does?
Try pressing it a few more times
It works just like magic
(I tried to edit your post to show what it could look like, but it just rambled on and on with no logical break, so I don't think the lack of the Enter key is really the problem.)
Well the link didn't work , so I may as well attempt to convey what I read. "Come on comprehensive reading skills." ...Here goes nothing.
Better to at least try to finish what I started than to quit. As we all know, when this new Quarter was introduced... meant to be a commemorative for President Washington's birthday-this Nation was in the throes of The Great Depression. Since it WAS intended only to be a one year commemorative,(thus no 33's) mintages for all 3 Mints were relatively low.
The long and short of it is simply this. The Philadelphia Mint met their quota and these quarters which under the circumstances was a lot of money, were given away just a few per person , indeed to Commemorate the President's Birthday, to all who would stand and wait for them to accomplish the "Celebration" but also to boost the morale of a dying Nation.
San Francisco kicked off their such promotion later in the Summer Months of that year but the Denver Mint did not even get started until August, by which time the newness-the novelty had long worn off. Bear in mind that communications was very poor at best and none of the millions of starving Americans cared about what might happen "one day" long after they were dead and gone...thus when the Denver specimens came out people used them to eat-to survive! This, from reading, is the opinion of a well respected Numismatist who had dedicated himself to this particular study. This was his best rationale as to why more San Francisco pieces "survived" in Mint State than the Denver pieces, even though fewer Frisco pieces were minted. Now that It's 3:15 in the morning and I did such a poor job of creating a link, I apologize for butchering what was intended to be interesting reading and reasoning for this "Mystery." By the time the Denver pieces came out, bottom line is- the novelty had worn off and fewer Denver pieces were stashed away versus the earlier minted San Francisco pieces! Therefore PCGS ought to be a little more lenient in the grading of ANY of these truly historical pieces that survived at all. It's a pity to issue a "no grade" to an otherwise pristeen piece that exhibits a few hairlines or cabinet marks! JMHO...think about it!Whew! Well- I tried!
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since 8/1/6
The 1931-S cent. Oooh, everyone was hot for that one. A cent with a mintage less than a million!!!
The 1931-S buffalo nickel and 1931-S dime was not far behind even though the 1931-D dime was even scarcer.
S mint coins were hot. D mint coins were passe'.
Are you trying to get a grade on a 32-D quarter that came back BB'd?
Therefore PCGS ought to be a little more lenient in the grading of ANY of these truly historical pieces that survived at all. It's a pity to issue a "no grade" to an otherwise pristeen piece that exhibits a few hairlines or cabinet marks!
Now why should PCGS be more lenient on 32-D's? 32-D's do NOT come well struck. They are very few eye appealing coins (thats why I dont have one yet), they are not many that are lustrous, are washed out (dull) and are bagged with marks.
WWQ
As a matter of fact, the piece is exactly what you are looking for.. Gorgeous-but somewhere during it's storied past it has attained very faint lines in it and won't grade. That IS a pity because it IS stunning and considering all that it has been through, it almost seems disrespectful not to give it a high grade.
Anyway, I told the gentleman the truth about the coin-why it wasn't certified and that IT IS absolutely mesmerizing/ eye pleasing...totally stunning! There is something magical about holding such a historic, pristeen piece in your hand. Heck I have a PCGS 64 32-D that has a few lines on it but IT graded. This coin is way supeior-but this "rant" isn't about THAT coin. It genuinely intrigues me that ANY 1932 Quarter is in any state of Mint condition, especially when you consider the times. I don't know how old you are but my Dad was 6 years old when the Depressiom hit and many time he conveyed what is was like to actually live during and through it. It brought tears to both our eyes as I could feel the old man's pain!
No-as I was conducting my little study, it tweaked my imagination. I could "see" the roaring 20's and all the cool coins-almost as if I were there-j ust imagining....using the mind's "3rd eye". And then I thought of the gloominess and hardship of The Great Depression and the government's idea to commemorate President Washington's Birthday and even now when I look at a totally worn out old 32-D, I can sense all the hands through which it passed and am struck with a reverent awe! They all deserve some sense of respect for that certain time in American History.
It seems so strange that even the rattiest G-4 1916-D Mercury Dime can get a grade and be wirth hundreds of dollars yet it just strikes me as odd that an otherwise perfect piece cannot be graded because of a few "cabinet marks"- know what I mean? Anyway, the gentleman that bought the coin knows exactly what he is getting because I told him. It will make a perfect addition to a raw set and one day-those miniscule lines won't matter ! Not every beautiful coin has to be perfect or in plastic... and ya know what....because I was honest with this gentlemam and told him not only the truth but also that he could have his money back right then and there or take it home and check it out and STILL return it...he contacted me today with a want list that includes among other coins- a PCGS 65 1932-D. Amazing what the truth can do!
Another gentleman that I do not know "Somehow" found me, told me to start at the beginning and not to look back- that basically, I am free to buy whatever grade I think best, as he asked ME to build HIS set! . I am truly moved by this show of trust in an otherwise perfect stranger. God, I love this hobby and all the fine people I have come to know...even you WWQ
Good luck with your new consulting business.
WWQ
By the way, thanks relayer and Don!
He said the "S" was the horse to bet on if you could afford to save anything. As a dealer, he wasn't investing by setting back coins, he was trying to turn inventory. Thus he focused on finding gems in the SL quarter series that had just wrapped up its production run.
He said it wasn't until the mid-30's that he realized how valuable the 32-D's would become and by even then top grade example were hard to find.
For me, the issue is often eye appeal. I have several MS64 32-S's that I much prefer over my MS65 32-S. Likewise, I think the eye appeal of my MS58 32-D (it appears to have suffered the friction of life in a Dansco album at some point in its past) knocks the socks off of my MS 64 32-D.
BTW, Boom, I respect the approach you took in clearly defining the pros and cons of a coin for the buyer. I always buy the coin I like (not the hype or slab) so that I can always like the coin I bought.