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Washington Quarter - Eight Year Itch

I noticed the following result from the recent FUN auction:
1936-P Washington Quarter

Can anyone explain the drastic change in price from when it last sold in 2004?

The only difference I notice is the addition of a CAC sticker!image

Comments

  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    Bull vs. bear markets for certain types of coins. Washington quarters are not hugely popular, and many people who would have spent $$$ for high-grade Washingtons are now concerned about finances (due to the recession) and basically sitting on the sidelines.
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • It's all a gamble. Sometimes you win, sometimes you lose. Sometimes you lose big time.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    since it sold for approximately one-third of the price after eight years time i'd suggest that probably the number graded at MS67 and higher has changed(i might have a pop report from '04 to check if it's really important to you). my experience has been that the negative effect of the Set Registry is always felt at the top grades over a period of time as more coins are graded. in this instance that would be at MS67 where quite a few more may have graded at that level with additional MS68's being graded.

    this is all just supposition, of course.
  • TomBTomB Posts: 22,091 ✭✭✭✭✭
    In my experience, the value of WQs peaked from 2002-2004 so the previous auction record might reflect that era quite well. Also, the population of MS67 coins may have gone up dramatically in the eight years since the last sale.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • TWQGTWQG Posts: 3,145 ✭✭
    IIRC registry fever peaked around 2004. Popularity in the Washington Quarters series peaked around that time too. With a mintage of over 41 million, the 36-P is readily available in all grades.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Old, regular size Washington quarters are out of favor.

    the new popular Washington quarters are 4" in diameter, weigh 5 oz, and were minted in the past 2 years

    Liberty: Parent of Science & Industry

  • I would say now is the time to put together a very nice Washington Quarter set for a most reasonable price. The market is flooded with examples for all dates/mm. You can pick-and-choose from many. Have you looked at prices for the 32-S?

    Garrow

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