1976-S bicentennial set uncirculated
Happygil0303
Posts: 2 ✭
Would someone be able to shed some light on why I see some of these sets, not even just the quarters going for a ridiculous amount of money IMO. Are they also indeed silver? I thought it was pre 1964
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Comments
Yes, they are silver sets. Where do you see a ridiculous amount of money?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
there are special issue, not made to be put into circulation, out of silver for those coins historically made in silver
in recent years the mint switched from 90% to 100% silver
Here's a ridiculous amount of money for a packing error.
https://www.ebay.com/itm/235738162758?_skw=1976-S+bicentennial+set&itmmeta=01JARFQCRCKHEWNNJZS2PN2P1R&hash=item36e316e646:g:FH4AAOSwGjVm4Dnn&itmprp=enc:AQAJAAAA8HoV3kP08IDx+KZ9MfhVJKkKVMZMHx9X--sy7dIl0dE5IuJENPNQie/JpG+EH+Hd0pEaKmL+oG7uhTRTFUrFIISLdnq/Jlbt/SZ+fBa60i3kpuQjTHfFI5D/OXxiCmo8C8FZcjHSwo5HLEZppWlCZWd9Y8WKKsrvMu5bKVscowRXl45KgjNfjaQ1lOxoPaInYTphuptl9E70PCuLBL9FjmW/fvlnMpcEqw4Z2ceclhjkxA1dQ31VIv9qKNjBKF+bS5gAffbiL+K3vVQz7mdlem0v6V2A1DLktxEXiGwg2Ws8SSc/6tGoSc1SilJfZQKi8A==|tkp:BFBMpszdj9Zk
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Lol exactly. I see 1976-s mints with very minor errors going for upto $3k
ebay is now fille with 10s of thousand non-error errors, or in this case, a problem that diminishes the value of the coin but is listed as a valuable error
The Mint made millions of Bicentennial Quarters, Halves and Dollars in what is called 40% Clad Silver composition. Three layers, the front and back layers 80% Silver to give them a good silver color, with a center core of about 21% silver to reduce the overall silver content and cost. When new, like this, the low-grade silver core can still retain a nice original silver color.
They are not rare, and are often priced at a little bit more than the silver content. As @Oakstar pointed out. some pieces can be mis-priced by people who do not know what they are doing.
They’re not “going for up to $3000”- that’s a listing/opening bid price that means nothing if the coin doesn’t sell, misleading folks to think their coin is similarly worth that kind of money, which these won’tsell at those price levels, even with minor errors.
Listed or sold? You can list out for any price but good luck actually selling it.
All comments reflect the opinion of the author, even when irrefutably accurate.
Not just ebay. Every venue. The world is full of ignorant error hunters. They also pop into local coin shops thinking they have rare errors. I always wonder why, logically, a person who finds a dozen "rare errors" in circulation doesn't realize that you wouldn't find a dozen if they were actually rare.
All comments reflect the opinion of the author, even when irrefutably accurate.
The sold filter shows completed sales on eBay.
The stupid high prices you see listed on Ebay are not what the coin is "going for". It's what the seller is asking, and they never sell. The 1976-S mint set sells for an average of about $25 USD.
As mentioned above, Ebay is currently flooded with "mint errors" that simply are not errors. Too many inexperienced people out there thinking that damaged coins are errors. They find damaged coins in their pocket change and try to pass it off on Ebay as "RARE" mint errors.
Dwayne F. Sessom
Ebay ID: V-Nickel-Coins