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Are there collectors trying to build states quarter set and presidential dollar sets anymore
fishteeth
Posts: 2,264 ✭✭✭✭✭
recently had to go through a collection that took up 8 boxes and every coin came from a large coin dealer, we all probably know who. Anyway the guy paid between 50-70,000 for a pile of worthless junk, like 31.99 for a colorized presidential dollar, etc etc.
in the end the collection is probably worth about 10,000 on a really good day, and that is only because he has a lot of rolls of presidential dollars and states quarter that total a few thousand face. the rest of the value was from some world gold and over graded morgans that he was sold.
Anyway, the point of this post is I thought instead of breaking all these rolls apart and having him deposit them, I thought I would be able to sell them for face value to the local dealers. Thought they would have some need for them. Every dealer I talked with in the area had no interest at face. I was told that there is zero demand in the area for any state quarters or presidential dollars, even recommended we send the proof ones to the bank that were in the companies special cellophane holders.
Now I have absolutely no interest in modern coins, well except the 2016 merc which I think are really cool, however, I didn't realize no one else seems to care either. Is this just a local phenomenon or are the states quarters and presidential dollars dead.
I know when they first came out a lot of people started trying to accumulate them, but everyone I knew who did that quickly lost interest.
in the end the collection is probably worth about 10,000 on a really good day, and that is only because he has a lot of rolls of presidential dollars and states quarter that total a few thousand face. the rest of the value was from some world gold and over graded morgans that he was sold.
Anyway, the point of this post is I thought instead of breaking all these rolls apart and having him deposit them, I thought I would be able to sell them for face value to the local dealers. Thought they would have some need for them. Every dealer I talked with in the area had no interest at face. I was told that there is zero demand in the area for any state quarters or presidential dollars, even recommended we send the proof ones to the bank that were in the companies special cellophane holders.
Now I have absolutely no interest in modern coins, well except the 2016 merc which I think are really cool, however, I didn't realize no one else seems to care either. Is this just a local phenomenon or are the states quarters and presidential dollars dead.
I know when they first came out a lot of people started trying to accumulate them, but everyone I knew who did that quickly lost interest.
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Kids can get an album and pull them out of circulation, like the old days with Lincoln Cents.
The Prez dollars don't circulate so I doubt many are collecting those.
But I am. I have a proof set for every year since I was born, so I have a complete Ike, SBA, Sac, and Prez dollar sets from my proof sets, along with all the quarters.
You should be able to get a premium for the rolls on eBay.
You could possibly squeeze a few bucks out of them, but would it be a worthwhile expenditure of your time?
If you have only face in them your best bet might be just putting them up on eBay at a fixed price, with "free" shipping, and let them sit until a buyer comes along.
If you do a true auction at a low starting price, you would likely end up losing money.
Just my .02
Yesterday when I was walking into the bank I saw a 20 age or so kid breaking open rolls of uncirculated state quarters to cash them out. He mentioned to the teller that he inherited them from his grandpa.
Why did he break the rolls open?
Yesterday when I was walking into the bank I saw a 20 age or so kid breaking open rolls of uncirculated state quarters to cash them out. He mentioned to the teller that he inherited them from his grandpa.
Why did he break the rolls open?
Some local banks won't take rolled coins. They point to the counting machine and tell you to bring back the stub. Been doing that a few years where I am located.
That is quite a task and an extremely cool set.
No. Not if they have to buy them. There are a few collectors still putting sets from circulation for fun-like me. They have no value above face. It will not be worth the time and effort to ebay them, with the selling fees you most likely will not even break even.
``https://ebay.us/m/KxolR5
The project is currently "on hold"
Can't be bothered to haul them out, even.. who's got the time?
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