Anyone else hoarding 1932-S quarters?

Dave99B · January 19, 2007 8:08AM

I met a collector last week who told me he owned 29 PCGS/NGC/ANACS 32-S quarters, in grades ranging from AG to VF (most are in the lower AG/Good range).

Is this guy nuts?

Dave

seemyauction · January 19, 2007 8:14AM

If he is like the rest of us.....yea he's nuts......but ya gotta collect something........lol

AL

DennisH · January 19, 2007 8:35AM

If you're going to hoard any circ. Washington date, what's better than the '32-D or S? Given the way they've gone up in value the last few years, I'd say he's pretty darn smart.

StampAlarm · January 19, 2007 8:40AM

I think he's smart. I've never had any problems selling lowere end 32-D or 32-S 25C. Another one is the 34-D in AU.

Jerry

stockwiz · January 19, 2007 12:43PM

I hoard 1927-s quarters myself (nice g-vg specimens or F specimens with a VG price) ..... they cost a fraction of the price with a lower mintage and although they have a high availability in low grades, from what I can see the availability is still lower then 1932-s quarters... but whatever floats your boat.

They are sure to be a popular coin. Plus, anyone can stumble upon a cleaned fugly specimen but nice uncleaned specimens are much more uncommon.. those are the ones I shoot for.

anoldgoat · January 19, 2007 12:48PM

One of these days I hope to hoard one.

A nice one for my set.

Mike

ColonialCoinUnion · January 19, 2007 12:59PM

Sorry, I think he's nuts.

At this precise moment, there are 6 for sale on the Heritage inventory page. 7 more in the upcoming Heritage Long Beach auction. 5 more in the upcoming Goldberg Long Beach auction. 6 on David Lawrence's site. 1 on J.J. Teaparty's site (they must be out on a buying trip right now looking for some more).

I could go on and on, but frankly I'm exhausted.

LincolnCentMan · January 19, 2007 1:17PM

No, he's not nuts. If you're going to hoard a particular date, that's a good one to hoard.

I told a non-collector what I paid for a coin one time. He thought I was nuts.

-David

greghansen · January 19, 2007 7:26PM

It's a great date and mint mark to accumulate. He's nothing but right on, IMO. They are always in demand. They are easy to sell. They will never be common. He'll make out well with that strategy IMO.

Boom · January 19, 2007 7:43PM

No, he certainly is NOT nuts. Lower end 32-D & S Washingtons bring better returns that higher graded specimen.

jdimmick · January 19, 2007 10:50PM

On my return from Virginia yesterday I made my regular two coin shop stops, first shop had (4) 32-s quarters in Vg-Vf, second one had (7) in g-vf. I even thought to myself where are all the 32-s quarters coming from. If the hoard was put together a few years ago, then he will come out financially ahead, but if they are being bought at todays levels, I fear not. IMO, currently overpriced and overrated at current levels. If hoarding is being done becuase someone likes this date, or for something to do, then by all means. If looking for return, not such a good date at todays price levels.

Also, last weekend at the raleigh show, i must have seen 2 dozen 32-d and s quarters in circ grades for sale on the bourse.

mr1931S · January 19, 2007 11:52PM

From a collecting position, the date hoarder is able to closely examine the specific date/mint for varieties better than most.

AUandAG · January 20, 2007 12:34AM

Interesting thread. But, don't most of us do that? If I look at my collections I find that
I hoard CC dollars, Seated and Morgan. My wife thinks I'm nuts as I can't find the guts
to sell any CC's.
bob

Anyone else hoarding 1932-S quarters?

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