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Lowest minted Unc coins ?
OLC
Posts: 406 ✭✭✭
Bought some 2012 S Quarters. Looking at adding some more. See that the mintage of the El Yunque is showing 1,680,140. Is this the lowest minted unc coin say in the last 50-75 years when talking about the 1 cent , nickel,dime quarter half dollar and dollar coins not counting silver eagles? Thoughts
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<< <i>Bought some 2012 S Quarters. Looking at adding some more. See that the mintage of the El Yunque is showing 1,680,140. Is this the lowest minted unc coin when talking about the 1 cent , nickel,dime quarter half dollar and dollar coins not counting silver eagles? Thoughts >>
Grab your closest Redbook, there are plenty of coins in those denominations with much, much lower mintages
Others might not agree but I think the mintage is big for a non circulating coin.
Many people that have collections of quarters only will collect ones that circulated like a set minus the proofs and probably minus these s minted non circulated ones or they might not even collect by mintmarks. The demand would be limited to the people going for a full inclusive set of quarters. I don't think there are 1,680,140 people putting inclusive sets like that together so maybe the supply exceeds the demand.
I could be wrong but that's my take on them.
<< <i>What am I missing. Thanks >>
a redbook. pro version or regular.
.
www.brunkauctions.com
You can buy an 87 mint set to get them.
Those might have an advantage, there is a spot for them in the folders. Not sure if the S quarters will have a spot in the regular issue folders?
BTW.. the date and mintmark are ....... LOOK IT UP!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Red book
Sugar magnolia blossoms blooming, heads all empty and I don't care ...
<< <i>I continue to be impressed by the total lack of effort some newbies show in refusing to buy a Redbook. I also applaud the enabling behavior of those who answer their questions, thus aiding in maintaining ignorance among those who might learn a great deal more if they had this most basic of all numismatic references.
BTW.. the date and mintmark are ....... LOOK IT UP!
Sheesh, what a grouch!
The Redbook isn't always accurate. Or current.
I knew it would happen.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>I continue to be impressed by the total lack of effort some newbies show in refusing to buy a Redbook. I also applaud the enabling behavior of those who answer their questions, thus aiding in maintaining ignorance among those who might learn a great deal more if they had this most basic of all numismatic references.
The Redbook isn't always accurate. Or current. >>
The mintages don't change. Sure the pricing is often irrelevant, but please suggest another reference book you think would give as much or more information in anything as concise a manner.
If I were to change the statement to "refusing to do the most minimal basic research on their own" would that work for you?
Remember in 8th grade when the teacher said "You'd know that if you did last night's reading assignment"
<< <i>Bought some 2012 S Quarters. Looking at adding some more. See that the mintage of the El Yunque is showing 1,680,140. Is this the lowest minted unc coin say in the last 50-75 years when talking about the 1 cent , nickel,dime quarter half dollar and dollar coins not counting silver eagles? Thoughts >>
It will be very interesting to see what percentage of these mintages flow
into circulation due to their low cost. Many buyers will buy numerous coins
and only save the best or best few.
Enough people watch states issues in circulation that an S-mint won't be
able to circulate freely. After passing through about 150 hands it will pro-
bably go into a folder or collection. Herein lies perhaps their greatest strenght;
since it will get people looking at the coins.
It's pretty easy to see a lot of these being spent and total demand exceed-
ing the mintage if all the millions of states quarter collectors desire owning
one of these. And it might even get them in the coin shop.
Most of all it shows the paltry demand for all moderns if a mintage under two
million largely ends up in circulations.
When was the last time that happened for regular issue US coins?
Very true, but if they are reported wrong in the first place (as I believe a number of modern mintages are) then they will also always be wrong until corrected.
When I was interviewed by PCGS magazine a number of years back, I selected the Red Book as my #1 book of choice in numismatics. That said, it is certainly not my #1 reference guide for modern coins these days. IMHO, just far too many erroneous mintages or prices at this time to be the top reference. Pricing also needs a great deal of help with the U.S. Philippine series. I sent Jeff Garrett some suggested changes a few months back, but have yet to hear back. I may follow up with him after FUN.
Wondercoin
Over a million not that low.
And I'll hold firm on my observations and surmises about many on this Forum enabling laziness and willful ignorance.
Consider the 1972 D quarter with the proof artwork reverse (a type B-like type H). Comparing number found against total of the same year and mint examined I project a mintage of 37,400. Doing a similiar exerecise with total found versus total examined (all dates and mints), I project a mintage of 39,100. I don't know if my experience is repeated across the country, but they are certainly next to impossible to find. I have not found one in over 25 years. Now, if we have an original mintage of about 40,000, how many still exist in uncirculated condition? I know of none.
I will also be at FUN all next week if he is going? He can call me at (949) 394-7122 and I would be happy to meet up with him (or anyone from the Red Book) to address correcting the modern coin problems.
Wondercoin
And I apologize to the "Moderns" crowd. Since you're sharing unavailable information, you should be supported, not chided.
I'll stick to Stewart Blay posts, where I tend to be more useful
And, to be clear, a very large percentage of the modern coin information in the Red Book is accurate and perfectly fine. BUT, repeat, BUT, if even one coin shows the wrong mintage ... say mistakenly showing as the low mintage coin in the set when it is not ... it creates an erroneous picture of the entire series for collectors of that series.
Not only does the "modern crowd" attempt to share the right information here, but, as I mentioned, I would also be more than happy to assist the Red Book editors with correcting their information (and in fact already tried to do so on the US Philippine series).
But, also Colonel ... the Red Book pricing and mintage information needs some assistance in other specialty areas as well ... for example ... the U.S. Philippine section at pages 407-411. I took the time to write the Red Book, because some of the US Philippine pricing was WAY off. How about this one that I included in my email (that to this point has gone unanswered)...
1906-S Peso in MS63 - Should be listed at $175,000 in my opinion (now listed at $30,000).
I assume that would be a fair retail price value for the Red Book if I believe I could move the same properly graded coin right now in a PCGS holder for about 80% of that level if not more? Not sure exactly what measure the Red Book uses, but obviously even if it should only be $140,000 posted price in the Red Book that is a far cry from the 2013 listing price of $30,000. Could you imagine if a collector came across one of these and sold it to a dealer for $25,000 or so using only the Red Book as his guide? AGAIN, I PICKED THE RED BOOK AS A GREAT SOURCE IN THE MARKETPLACE A FEW YEARS BACK IN MY INTERVIEW ... LET TRY KEEP IT THAT WAY!
Anyway, not to derail this thread ... but, if you can get someone over there to contact me, I will be more than happy to assist with cleaning up whatever I can help with.
As always, just my 2 cents.
Wondercoin
<< <i>The El Yunque may turn out to be the *highest* mintage of the 2012-S quarter designs. >>
Looks like you may be right Overdate the Hawaii and Chaco Culture went on backorder this afternoon. Looks like they may be around 1,400,000
<< <i>The 1879 Dime had something like 12,000 or 14,000 total coins minted, but none of them circulated, so in MS 65, they are priced as a type coin. >>
He asked specifically for the last 50 to 75 years.
The name is LEE!
<< <i>8400
Over a million not that low. >>
He asked specifically for the last 50 - 75 years.
The name is LEE!
I think a lot will depend on what happens to future mintages of the S quarters, but I will be surprised in they make fewer coins for 2013 than they did for 2012.
<< <i>OLC the closest comparison to these s quarters is probably the 1996 W dime that has a mintage of 1,457,000. That coin sells for about $10 each so these S quarters might go much higher than they already are.
I think a lot will depend on what happens to future mintages of the S quarters, but I will be surprised in they make fewer coins for 2013 than they did for 2012. >>
Halfstrike I couldn't have said it better myself. I just wish I had some more money to buy a few more rolls of the Acadia's and Denali's while they are still available.
<< <i>Bought some 2012 S Quarters. Looking at adding some more. See that the mintage of the El Yunque is showing 1,680,140. Is this the lowest minted unc coin say in the last 50-75 years when talking about the 1 cent , nickel,dime quarter half dollar and dollar coins not counting silver eagles? Thoughts >>
No
All 8 of the 2009 Lincoln cents in Copper the Redbook states 784,614 minted
Of course they will probably cost you twice as much as a S quarter ($1-2 each instead of 50c-$1 per quarter)
<< <i>
<< <i>Bought some 2012 S Quarters. Looking at adding some more. See that the mintage of the El Yunque is showing 1,680,140. Is this the lowest minted unc coin say in the last 50-75 years when talking about the 1 cent , nickel,dime quarter half dollar and dollar coins not counting silver eagles? Thoughts >>
No
All 8 of the 2009 Lincoln cents in Copper the Redbook states 784,614 minted
Of course they will probably cost you twice as much as a S quarter ($1-2 each instead of 50c-$1 per quarter) >>
Yet another example of how the wonderful Redbook everyone was telling me I needed is off.
<< <i>Of course they will probably cost you twice as much as a S quarter ($1-2 each instead of 50c-$1 per quarter) >>
Yet another example of how the wonderful Redbook everyone was telling me I needed is off. >>
It's obvious there's a lot of interest in post-'65 coins the last few years yet this is not reflected in the guides.
Krause does the same thing with world coins that have soared in value but list for nominal prices.
This has been going on since 1965 really but is most apparent when interest picks up.
http://www.coinworld.com/Articles/ViewArticle/low-mintage-platinum
Cashback from Mr. Rebates