What will become of the post 2012 S mint clad Washington quarters?

Manorcourtman

In 2012 the US Mint began making America the Beautiful San Fransisco clad quarters in case you weren't aware! The mintages were less than 2 million each in 2012. I have not seen figures for 2013 or 2014 yet but these have not done well on the secondary market. Does anyone have any opinions on these quarters future among collectors? Some will argue the mintages are super low for a modern issue but these low mintages have not translated to price increases. Thoughts?

CaptHenway

<< <i>In 2012 the US Mint began making America the Beautiful San Fransisco clad quarters in case you weren't aware! The mintages were less than 2 million each in 2012. I have not seen figures for 2013 or 2014 yet but these have not done well on the secondary market. Does anyone have any opinions on these quarters future among collectors? Some will argue the mintages are super low for a modern issue but these low mintages have not translated to price increases. Thoughts? >>



Mintages for 2013 and 2014 are in the 2015 Redbook.

I remember when ther 2012's csme out that people were unhappy with the coins in general and the Mint in particular because it ruined everybody's albums and forced them to buy NCLT's to complete their sets. All part of the Mint's new policy of screwing collectors whenever possible.

illini420

It seems that one reason they haven't caught on because they have never been included in the regular Mint Sets. Still not sure why they haven't been included...

Only way to get them is to pay a significant premium to the Mint or your local coin dealer. Many collectors don't go for that.

Also, not sure if the coin albums have spots for these, but that seems to make a difference in collector demand to some degree.

ricko

Seems to be very little interest in these, for the reasons above. In conversation with other collectors, they are either not interested or do not care... Cheers, RickO

pf70collector

I bought all the 2012 S rolls, but stopped afterward.

Here's the final 2012-s quarter mintages

El Yunque - Rolls 16,961 - Bags 10,017 - Total Mintage 1,680,140
Chaco - Rolls 16,528 - Bags 7,279 - Total Mintage 1,389,020
Acadia - Rolls 17,093 - Bags 7,254 - Total Mintage 1,409,120
Volcanoes - Rolls 17,478 - Bags 7,100 - Total Mintage 1,409,120
Denali - Rolls 17,668 - Bags 7,025 - Total Mintage 1,409,220
Above from cointalk


Could these be compared to the 1983 P Quarter at 673,535,000 mintage. Unlike the 1983 P there will be plenty of high grade mint state examples of the 2012 S.

Also the 2012s are only 3.5 times the mintage of the lowest minted 1932 D at 408,000

The 1983 P Quarter is at 673,535,000 mintage and can only be found in bags rolls and souvenir mint sets sold only at the Denver and Philly Mints.

From 1983 P Quarter

This month's coin is the 1983-P Washington Quarter, already a treasure to those who understand its current scarcity. The 1983-P Quarter is particularly scarce because no Mint Sets were released in 1983. To find high-grade coins, collectors must sort through rolls, bags or Souvenir Sets. Souvenir Sets are available for purchase only to visitors of the Denver and Philadelphia Mints. Because of the way they are distributed, many fewer sets are available to collectors than traditional Mint Sets. Other sources of 1983-P Quarters, such as original rolls and mint bags, seem to not have been saved by collectors at the time. As a result, most of the original mintage was likely released into general circulation.

I don't think the 2012s will gain much in value in my lifetime, but I think there is the possibility of lower mintages of 1.5 million of the S quarters as collectors may ignore them in future years. The ATB series is due to end in 2021.

Manorcourtman

<< <i>Seems to be very little interest in these, for the reasons above. In conversation with other collectors, they are either not interested or do not care... Cheers, RickO >>




This is one reason the S mint Washies my be a serious sleeper to be awakened years from now. Maybe, maybe not! Just thinking out loud.

Overdate

<< <i>Only way to get them is to pay a significant premium to the Mint or your local coin dealer. Many collectors don't go for that. >>


The premium (at least for 100-coin bags) is not that high. At $34.95 per bag, the price is only about 35 cents per coin. Not bad for a low-mintage modern, even if it's not popular or well-known at the moment.

I believe some of the 2013s had even lower mintages than the 2012s, somewhere around 1.3 million.

And much of that mintage is going to roll and mini-bag collectors, leaving fewer single coins for sets.

jmcu12

I think they are sleepers, or at least I hope so. I have purchased a bag of each ever since they were offered.

I am hoping to be able to retire

But seriously I think they could have a decent amount of potential.

cladking

I have to believe that when the kids who collected states quarters come back
to collecting these will be among the first coins they'll want. Demand might never
be huge but it should be solid.

Overdate

Buying "S" quarters in bags for 35 cents each is like buying 1950-D nickels for 7 cents each. Maximum downside is to face value, with plenty of upside, especially since mintages of "S" quarters are much lower than the 1950-D nickel mintage.

291fifth

They are just another example of unnecessary ultra-moderns that should never have been minted. Ultra-modern mint products have become much like the "sand dune" stamp issues of the 1960s and 1970s. They were issued to drain collectors wallets, not fulfill any actual need.

illini420

<< <i>

<< <i>Only way to get them is to pay a significant premium to the Mint or your local coin dealer. Many collectors don't go for that. >>


The premium (at least for 100-coin bags) is not that high. At $34.95 per bag, the price is only about 35 cents per coin. Not bad for a low-mintage modern, even if it's not popular or well-known at the moment.

I believe some of the 2013s had even lower mintages than the 2012s, somewhere around 1.3 million.

And much of that mintage is going to roll and mini-bag collectors, leaving fewer single coins for sets. >>




I understand there is limited downside if you're buying a bag of 100 coins. But the average collector isn't hoarding away 100 of each quarter. Most just want one example, or maybe a couple at most. The only option to get one or a few is to pay a significant premium. I've seen individual coins at shows/coin shops usually for $2 each... sometimes as low as $1... but never for $.35.