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Original bank roll of 1983 quarters
tydye
Posts: 3,894 ✭✭✭
$700+ bid. Is that accurate?
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and it sets us apart from practitioners and consultants. Gregor
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
I picked up a roll this weekend at my Trevose show. It was a totally original roll, priced fairly cheap. I did a deal with the other dealer to open them. If it was a real BU 83P roll, they were mine at half of GS bid - $370. If it was not a BU roll, no deal.
The roll was real. I paid the $370. I put them on CCE asking full bid ($740) and sold them in under 5 minutes.
I have no idea why the other dealer only asked half of bid. I would have paid a lot more as I knew I could flip it quickly.
merse
Wondercoin
My guilty pleasure was buying that roll as it was described as no question fresh.
Wondercoin
So what would a MS65 one bring that people are willing to pay nearly a grand for a roll
<< <i>I bought my 83 - P qrt. rolls 10 years ago for $280.ea. roll.. ,, still have em,, have a couple of 82-P qrt. rolls too.. and a couple of 82, 83 P rolls of dimes ta boot,, and 2- 82-D qrt. rolls also,, all unc..
Then you die and your family cashes in the dime/quarter rolls for face...
and it sets us apart from practitioners and consultants. Gregor
<< <i>Why do these command such a premium? >>
George Orwell wrote a book called 1984 and everyone got paranoid, I think
Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !
<< <i>Why do these command such a premium? >>
No mint sets that year, plus few people saved them in uncirculated condition.
I think they would be a risky speculation, though, because you never know when a bag or two might suddenly appear on the market.
I like the 1983-S proof better - shinier, lower mintage and much cheaper!
<< <i>
<< <i>Why do these command such a premium? >>
No mint sets that year, plus few people saved them in uncirculated condition.
I think they would be a risky speculation, though, because you never know when a bag or two might suddenly appear on the market.
>>
About 80,000 of these survive. A bag or two would depress the price only briefly and
might not affect the price of high grades at all. Most bags of these contained no gems
at all.
I think what will be interesting is when collectors begin noticing that these come with
two distinct reverses; a type "c" and a type "d". The type "d" comprised about 20%
of mintage but only 10% of the survivors in unc. I believe the supply will effectively be
cut by 10% while the demand doubles.
I like nice choice examples of this coin a lot. Most rolls will have 15 or 20 nice choice
examples and are a steal. About a quarter of the rolls will have no choice examples
and should be sold. True gems are quite scarce.
and it sets us apart from practitioners and consultants. Gregor
Wondercoin
<< <i>A few pics.
Beautiful.
This is nearly as clean as they come though the strike could be improved a little. As nice
as it is I prefer your '82-P.
<< <i>I Like em,,, These earliar clad coins in the higher Gem states are the highly collectables for the future generation coin collectors.. many of us may not see the days,, But,, like I said before,, these are No Brainers... These are "Real" circulating coinage,, just like the old silver coins of yesterdays... What are the survival rates in high mint state for many of them ???,, I'll bet not as many as some of the older silver circulating coins,,, People back in the late sixties, seventies, & eighties pretty much discounted these as any kind of a collectable coinage.... I,, like most, evan today, Hate clad/token coinage.. See them as worthless crap that our Big Brother government has forced upon us,, But,, they are still our circulating monies... What are we,???...... Were "coin collectors"...
If this is any indication I got a bag of '82-P quarters from the First National Bank of
East Chicago (IN) with great effort. When I finally got to speak to the vault manager
he told me he had called around including in Chicago to see if any of his cohorts had
ever heard of saving clad coins and he said nobody had ever had a request for clad
dimes or quarters.
In those days nobody cared and the handful that did got their coins from mint sets.
People just didn't seem to even notice when the mint sets were discontinued. I'd bet
most of the clads had fewer than 40,000 coins set aside each year though it went
way up in '82 because of the cessation of mint sets.
You simply can't find singles, rolls, or bags of the old clads and soon the mint sets will
be gone because they are so unloved and the coins end up in circulation or corroding
in someone's garage.
and it sets us apart from practitioners and consultants. Gregor
And, unfortunately, there were no Type B reverses reported in 1969, 1970, 1971, or 1972 mint sets.
The name is LEE!