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MINTS HANDLING OF THE W QUARTER SERIES IS BEYOND EXPLANATION

tommyrusty7tommyrusty7 Posts: 2,219 ✭✭✭✭

First they did not get either the 2019 issue ready in time and then they did the same with 2020 series. They then distributed them to a few cities they picked in 2019,, but said they corrected that but did they? The only thing they did was to mix them in with the P's and D's and get them scratched up more. Then all of a sudden none of the Salt River W's have showed up in circulation but some boxes, without W's, start showing up in some areas. Are they ever going to get this straightened out.? They have really booted this one. SNAFU!

Comments

  • ChrisH821ChrisH821 Posts: 6,790 ✭✭✭✭✭

    I'm confused. I thought the seeding was supposed to be random.

    Collector, occasional seller

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    I always figured the odds of seeing one in circulation were near nil. The larger cities with more need for circulating coinage will almost always see all of them than mid to small size cities. There’s simply no inexpensive way to ensure fair distribution.

  • coinbufcoinbuf Posts: 11,891 ✭✭✭✭✭

    @CaptHenway said:
    Maybe they want them to actually circulate? Not be gleaned by profiteers?

    Or for them to be found by collectors or folks who might get the collecting bug by finding one as opposed to the profiteers, I really don't have any sympathy for you.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • derrybderryb Posts: 37,730 ✭✭✭✭✭
    1. The decision to strike a W coin for each year was made too late to include the W with the first National Park quarter of the year. Remember there was no planned Ws for 2020 until the last minute. Therefore in both years the year's first W was included in the release of the second coin.
    2. They are all mixed with Ps & Ds because they are intended to go into general circulation.
    3. Based on locations of ebay sellers for all the coins thus far it appears they are making a nationwide appearance.
    4. Many of the Ps and Ds are rolled and put in bank boxes with no Ws. For example, just searched a box of San Antonios that had no Ws. Have seen many others.
    5. Limited number of Salt Rivers boxes showing up, most likely because federal reserve has restricted what it is releasing to the public because of the so called coin shortage.

    Other than that I agree with you.
    1. they should roll all the W coins separately.
    2. They should sell boxes of the W rolls only to me.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • tommyrusty7tommyrusty7 Posts: 2,219 ✭✭✭✭

    That was was supposed to be the case but I receive more this year than I receive last when I was in one of the deleted areas.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    No doubt about rural areas, small towns/villages being neglected. Have seen none of these yet... even asked at the bank, and the two tellers were not even aware of W quarters...Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,645 ✭✭✭✭✭

    Whatever it takes to get people looking is fine. It's when they try to sell me a modern coin for twenty dollars that's most amusing.

  • privatecoinprivatecoin Posts: 3,664 ✭✭✭✭✭

    Living in rural America, they got the goldmine I got the shaft.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • BStrauss3BStrauss3 Posts: 3,735 ✭✭✭✭✭

    @derryb the reason for #4 is that the coins are being mixed into the 1-ton ballistic bags the mint sends to the Fed's contracted coin terminals. They're the people who put new coins into circulation by counting and wrapping from the big bags (along with recirculating coins from their customers).

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • tommyrusty7tommyrusty7 Posts: 2,219 ✭✭✭✭

    The mixing process is why we get so many badly damaged coins unlike last years 's that looked much nicer. I hope they put this W idea to bed with this years coins as they have screwed it up from day one, but this is typical with the min IMO.

  • jmlanzafjmlanzaf Posts: 37,058 ✭✭✭✭✭

    I really don't see the problem. They showed how they seeded them into the giant bags.

    There is no bias, other than statistics, against rural areas.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • OnastoneOnastone Posts: 4,163 ✭✭✭✭✭

    @ricko said:

    Have seen none of these yet... even asked at the bank, and the two tellers were not even aware of W quarters...

    Which leads me to think the W actually stand for WHAT as whenever I mention the W quarters to anyone around here, they always reply, "What?"

  • oih82w8oih82w8 Posts: 12,628 ✭✭✭✭✭

    Of all the W mint quarters, so far, I have seen ONE in the register tills at my part time job...it was beat up pretty bad for an AU, but I found one.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    Finding them randomly in circulation is success.

    Having any pattern that allows profiteers to corner the market is a failure.

  • jmlanzafjmlanzaf Posts: 37,058 ✭✭✭✭✭

    @Onastone said:

    @ricko said:

    Have seen none of these yet... even asked at the bank, and the two tellers were not even aware of W quarters...

    Which leads me to think the W actually stand for WHAT as whenever I mention the W quarters to anyone around here, they always reply, "What?"

    They seeded a few million of these amid a few billion quarters. No reason why a teller would be aware of them at all. They don't look at mint marks.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @jmlanzaf ....In general, you are correct about tellers.... However, in this case, I have asked about coins so often there, that one of the tellers became interested in coins and has actually started a small collection with her son.... :) My contribution to the expansion of our hobby.... :D Cheers, RickO

  • tommyrusty7tommyrusty7 Posts: 2,219 ✭✭✭✭

    @jmlanzaf said:

    @Onastone said:

    @ricko said:

    Have seen none of these yet... even asked at the bank, and the two tellers were not even aware of W quarters...

    Which leads me to think the W actually stand for WHAT as whenever I mention the W quarters to anyone around here, they always reply, "What?"

    They seeded a few million of these amid a few billion quarters. No reason why a teller would be aware of them at all. They don't look at mint marks.

    I have a hard time looking at those mint marks ! Without a magnifying glass a D looks like a W to me.

  • hammer1hammer1 Posts: 3,874 ✭✭✭✭✭

    @tommyrusty7 said:

    @jmlanzaf said:

    @Onastone said:

    @ricko said:

    Have seen none of these yet... even asked at the bank, and the two tellers were not even aware of W quarters...

    Which leads me to think the W actually stand for WHAT as whenever I mention the W quarters to anyone around here, they always reply, "What?"

    They seeded a few million of these amid a few billion quarters. No reason why a teller would be aware of them at all. They don't look at mint marks.

    I have a hard time looking at those mint marks ! Without a magnifying glass a D looks like a W to me.

    Just you wait until you can't tell a nickel from a quarter without a good pair of glasses.

  • OnastoneOnastone Posts: 4,163 ✭✭✭✭✭

    @tommyrusty7 said:

    @jmlanzaf said:

    @Onastone said:

    @ricko said:

    Have seen none of these yet... even asked at the bank, and the two tellers were not even aware of W quarters...

    Which leads me to think the W actually stand for WHAT as whenever I mention the W quarters to anyone around here, they always reply, "What?"

    They seeded a few million of these amid a few billion quarters. No reason why a teller would be aware of them at all. They don't look at mint marks.

    I have a hard time looking at those mint marks ! Without a magnifying glass a D looks like a W to me.

    I used to be able to read all the mint marks with the naked eye, but lately have a newfound appreciation for a loupe and am starting to hold the coins at a distance to focus....gotta love growing older.

  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭

    @TwoSides2aCoin said:
    Whatever it takes to get people looking is fine. It's when they try to sell me a modern coin for twenty dollars that's most amusing.

    And that would be a lower grade at that price. 67 and up are much rarer (so far for the 2019's) and of course more costly.

    I live near a city and have yet to see one in the wild, but I don't do cash transactions very much these days. I still check my coins when I get them.

    I decided to grab a 67 at the last FUN show. This one was the best looking 67 I looked at (sadly just cell phone pics):

  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭

    I’m still puzzled why they bothered with S-mint uncirculated coins. I just meant I had to buy another album.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • tommyrusty7tommyrusty7 Posts: 2,219 ✭✭✭✭

    The 19's were definitely a better looking coin than the 20's are. They did not get the rough treatment the 20's got. I like the lowell coin best myself.

  • MidLifeCrisisMidLifeCrisis Posts: 10,565 ✭✭✭✭✭

    @derryb said:
    1. The decision to strike a W coin for each year was made too late to include the W with the first National Park quarter of the year. Remember there was no planned Ws for 2020 until the last minute. Therefore in both years the year's first W was included in the release of the second coin.
    2. They are all mixed with Ps & Ds because they are intended to go into general circulation.
    3. Based on locations of ebay sellers for all the coins thus far it appears they are making a nationwide appearance.
    4. Many of the Ps and Ds are rolled and put in bank boxes with no Ws. For example, just searched a box of San Antonios that had no Ws. Have seen many others.
    5. Limited number of Salt Rivers boxes showing up, most likely because federal reserve has restricted what it is releasing to the public because of the so called coin shortage.

    Apparently it's not beyond explanation.

  • tommyrusty7tommyrusty7 Posts: 2,219 ✭✭✭✭

    If you can believe what they say it is but I don't until I see what they end up doing with the 3 remaining W issues.

  • derrybderryb Posts: 37,730 ✭✭✭✭✭

    @tommyrusty7 said:
    If you can believe what they say it is but I don't until I see what they end up doing with the 3 remaining W issues.

    Why you may not see them; see my July 1 post in this thread.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • WQuarterFreddieWQuarterFreddie Posts: 3,032 ✭✭✭✭✭

    @derryb said:

    @tommyrusty7 said:
    If you can believe what they say it is but I don't until I see what they end up doing with the 3 remaining W issues.

    Why you may not see them; see my July 1 post in this thread.

    I have been told by a reliable source that the Fed will be easing the bank boxed coin allocation effective 7/10 and the Salt River W will be released starting 7/17. Fingers crossed this is true because my bank just lowered my coin boxes from 1 a day to 1 a week starting today.

  • I went through over 100 quarter rolls and have not found one. The thing that gets me crazy is now some people have many multiple W coins to sell and I live in NYC and cannot find one in general circulation.

  • derrybderryb Posts: 37,730 ✭✭✭✭✭

    @pruscoins said:
    I went through over 100 quarter rolls and have not found one. The thing that gets me crazy is now some people have many multiple W coins to sell and I live in NYC and cannot find one in general circulation.

    to find new W's you gotta find rolls of new 2019 or 2020 quarters. Best to find the new rolls in a sealed box of 50. If there's one new roll in there, there will be 50 rolls of new coins. I find a box of new rolls about every 10 boxes on average. If the bank gives you a roll of new quarters it's because they opened a box of new quarters.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • TurboSnailTurboSnail Posts: 1,668 ✭✭✭✭✭

    @derryb said:

    @pruscoins said:
    I went through over 100 quarter rolls and have not found one. The thing that gets me crazy is now some people have many multiple W coins to sell and I live in NYC and cannot find one in general circulation.

    to find new W's you gotta find rolls of new 2019 or 2020 quarters. Best to find the new rolls in a sealed box of 50. If there's one new roll in there, there will be 50 rolls of new coins. I find a box of new rolls about every 10 boxes on average. If the bank gives you a roll of new quarters it's because they opened a box of new quarters.

    After close to a thousand boxes of quarters exchanged from banks in NYC during the past decade, I still haven't get a brand new roll of quarters from them. Dime on the other hand, 2 out of 5?

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Excellent way to build the odds for a big pay day!

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