Advice needed on Washington quarters

Stupid

Hello all,
First time poster. I'm working on trying to build a mostly 66 set of 32-64 quarters. Have a lot of MS65's I'm going to try to sell and may end up with around $1200-$1600 and would like some opinions on what coin or coins I should go for next. Need lots of tougher dates in the thirties. I can't have the 32-D yet. 32-S, 34-D, 35-D&S, 36-D&S, 37-P,D&S, 38-P&S, 39-S, 40-D and 42-S are most of the more expensive coins I need from the thirties. I want to try to get the most bang for the buck. Is it better to buy the higher priced coins first, and then work my way down? I have only been working on this set for about seven months and have a lot to learn. Any help is appreciated.

Boom

Welcome. I'll share my thoughts with you from personal experience.

I've noted that many Registry Set builders get tunnel vision and become so pre-occupied/ obsessed with NUMBERS on labels that they sometimes tend to sacrifice Beauty for the sake of a higher number. I can't say that I endorse this at all.

As for your question regarding how and where to start - let me ask you a question, OK!

When you build a Home or any structure, do you start with the roof or the foundation?

In the end you will do what you want to do but I strongly encourage starting with a solid base.

I would find PQ keys and look for high end "liners"/ coins that are at the high end of a given grade that at least have a "shot" to regrade higher! Within any grade there are low end pieces (those that just barely made the technical grade), the SOLID pieces - these will NEVER even have a chance to regrade higher - and finally, the high-end "liners". Personally I would start with the core, study the properites of each coin along with grades so that you can learn to spot those "liners."

PQ coins will always be in demand and will bring premiums when the day comes to sell. Low end pieces are pieces nobody wants. Solids are OK but hold no "Promise." Good Luck to you.

cladking

Welcome aboard.

I have a hunch you're gonna fit right in here on the forums.

DIMEMAN

I agree with Boom and how resale should go, BUT...............I have found that dealers and collectors alike like to put PQ on coins and jack the price up but when you show this coin to them for sale all of a sudden they want to pay what the label grade says.! It's kind of a double standard.

JMHO

Stupid

Thanks guys.

wondercoin

"I can't have the 32-D yet. 32-S, 34-D, 35-D&S, 36-D&S, 37-P,D&S, 38-P&S, 39-S, 40-D and 42-S are most of the more expensive coins I need from the thirties."

Since the 32-S in MS66 might set you back $25,000.00(?) and you are raising just a couple grand from the sale of all of your MS65 coins to consider a higher grade set, why not simply keep doing what you have been doing (an MS65 set) and, instead, continue building a nicely matched MS65 set? You will save a fortune and be collecting something more within your budget it appears (not to mention the beauty of a nicely matched MS65 collection which will include a 32-D and 32-S worth about $20,000+ just for those 2 coins in MS65). Just my observation.

On a related topic, I was speaking with a board member today (Oreville) - and we were both in full agreement that, at times, we essentially "bit off more than we could chew" in our collecting pursuits. For me (among other things), it was attemtping to build a complete pattern nickel collection (Shield, Liberty, Washington nickels, Lincoln nickels, etc., etc., etc.) which then needed to be "cut back" to simply Liberty nickel patterns and some selected interesting misc. nickels (like an 1867 Rays Shield nickel pattern in copper or a Lincoln nickel). Even seasoned collectors can make this key mistake and it can be a costly mistake. Can anyone else relate to taking on too big a collecting task only to have to cut it back later?

Wondercoin

LincolnsRule

I agree that a nicely matched set of ms65's would be way cool! Sure ms66's would be a little bit nicer coins but it may not be worth the higher prices. And except for the few key dates, neither grade is terribly rare or challanging. I wouldn't expect these coins to be any more difficult to find or any more pricey in any near future period. (Even the keys have been on a long bull run for 7 or 8 years now so I wouldn't really expect them to get more expensive on you.) You probably can just focus on buying the most eye appealing high end for the grade coin or coins that are available at the time. And take your time with it! There's no reason to rush!

I have bit off way more than I can chew... I'm trying to put together an all ms67 set of clad quarters! Even if I talked Wondercoin into selling me some of his I probably couldn't afford them! I have yet to give up though and have not cut it back! (Been working on it for 5 years and am not even half way done. I very much want to do the silver and state quarters too but don't have the money to work on them at all).

Stupid

All great points to consider. I re-read my original post and maybe it was a little misleading. The 32-D&S would be only the nicest 64's I could find. I'm already halfway into the 66's now and have branched over into the clads also. This is just really addicting! I guess the registry makes everything more fun. My wifes budget is always a concern and I try to stay between the "raised eyebrows" and "thats way too much for a quarter!" area. Thanks!

wondercoin

"and have branched over into the clads also."

I thought I might be able to save you - too late!

Wondercoin

grip

<< <i>"and have branched over into the clads also."

I thought I might be able to save you - too late!

Wondercoin >>

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