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State Quarters..Question for collectors

William81William81 Member Posts: 25,471 ✭✭✭✭
edited January 2017 in General Discussion
Starting out 2017 with a continuation of making my life less cluttered and simple. During the State quarter period 99-2008, I grabbed rolls of quarters from the bank from time to time and ended up with 50 rolls that I stored away in a lock box. Checking prices on various price sources, they can be worth more than their face value, but would require more time than it might be worth to sell them as opposed to just turning them in at the bank for cash......

Any one mess with these coins and have an opinion moving them on....

Thanks all....I am thinking a new toy can be financed with selling these.
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Comments

  • MercuryMercury Member Posts: 7,840 ✭✭✭
    edited November -1
    A local coin shop is going to be the fastest/easiest way to get rid of them. I would be surprised if they paid even 10% over face value, but I don't keep track of these things. So many people hoarded these, I don't think they'll ever be worth much. But you never know. If they don't want them at the coin shops, then just go to the bank.

    Merc
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  • spasmcreekspasmcreek Member Posts: 37,717 ✭✭✭
    edited November -1
    don't think coins are worth much figuring inflation and the copper middle...collect real silver coins
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  • gunnut505gunnut505 Member Posts: 10,290 ✭
    edited November -1
    Barz is actually HALF right again; the earlier mintings experienced a fairly rare occurrence that stamped the obverse in the same orientation as the reverse.
    Look at any coin you find, and with the face side upright (or right side up), rotate the coin so you can see the back side. If the stamping is upside down; that's not one of them.
    Those are worth more than face value.
    Actual worth is listed in the Red Book of US coins published yearly by Whitman's.
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  • reload999reload999 Member Posts: 3,080 ✭✭✭
    edited November -1
    I hate to be a downer, but as a coin collector of some 40 years, I'd be very, very surprised if any dealer would buy them, even at face value. I would just cash them in, but of course that's just one opinion. Best of luck.
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  • Ditch-RunnerDitch-Runner Member Posts: 25,364 ✭✭✭✭
    edited November -1
    my guess same as all posted . unless something unusual just face value a good example the "new dollar coins that have been introduced" since the 1980's or so
    many people just kept them so countless coins still out there they are worth the face value, exception would be a proof strike or silver coin sold by the mint
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  • fordsixfordsix Member Posts: 8,554 ✭✭
    edited November -1
    i too did that but later down the road they went to the landrey machines they made millions of them
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  • Don McManusDon McManus Member Posts: 23,690 ✭✭✭✭
    edited November -1
    quote:Originally posted by us55840

    The value is printed on US coins and currency.

    I believe it was the president of the American Numismatic Society who, during a TV interview, stated only Americans pay more than face value for printed currency.

    [:D]


    Where can I get $ 50.00 Gold Eagles for $ 50.00?
    Freedom and a submissive populace cannot co-exist.

    Brad Steele
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  • William81William81 Member Posts: 25,471 ✭✭✭✭
    edited November -1
    I guess I should clarify a little...Been a coin collector for about 50 years now. I have no interest in these coins and bought many of them to help boy scouts do the coin collecting merit badges and to rummage through certain rolls for errors.

    I did find some error coins worth a few hundred bucks and the rest were spent. I have sold several rolls of State Quarters through a friend (now deceased) at swap meets etc. Some rolls are actually selling on ebay at twice the face value. I did double my money on several rolls in the past. Now I just intend to get rid of them. The coin shops I frequent will take them at face value and I am sure have other outlets for some of them....

    Just looking for other avenues if there are any. I might list all of them here on GB and see if someone wants them for swap meet fodder etc.

    Thanks for the input
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  • Don McManusDon McManus Member Posts: 23,690 ✭✭✭✭
    edited November -1
    quote:Originally posted by us55840
    quote:Originally posted by Don McManus
    quote:Originally posted by us55840

    The value is printed on US coins and currency.

    I believe it was the president of the American Numismatic Society who, during a TV interview, stated only Americans pay more than face value for printed currency.

    [:D]


    Where can I get $ 50.00 Gold Eagles for $ 50.00?


    I guess you missed where I stated "PRINTED CURRENCY" ... coins are MINTED, not printed. [;)]

    As for coins, when the metal value exceeds the value printed on the coin, someone OTHER than a bank may give you over face value....IE:
    The one-ounce Eagle coin has a $50 nominal face value, is 91.67% fine gold, and weighs 1.0909 troy ounces. Current trading gold per troy ounce is $1,164.90 for .999 fine gold.



    You also stated that: 'The value is printed on US coins and currency.'

    I guess you missed when you made that statement.[:)]
    Freedom and a submissive populace cannot co-exist.

    Brad Steele
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  • nmyersnmyers Member Posts: 16,892 ✭✭✭✭
    edited November -1
    I recently liquidated a 600 lb hoard of US coins.

    I sold the coins with silver content to a local coin shop for a small amount under spot price. All others, I took to my bank & dumped them in their public counting machine. The bank doesn't accept rolled coins, but they do give account holders the full face value of coins counted.

    Time is money. I have enough money, I'm running out of time.

    Neal
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  • llama girlllama girl Member Posts: 605 ✭✭✭✭
    edited November -1
    I bought roll sets P&D. They have a face value of $1000. Some rolls are valued at $60 to $70 per roll. I forget which ones. I have seen recently a lot of the first 13 states in rolled quarters mixed in with later mintages. This brings to mind the fact many are being spent as everyday change. That should make full roll sets in P+D more valuable than seperate rolls. That being said can anyone wait for 50-75 years for that to happen, in the meantime you have $10 rolls to spend.
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  • FrancFFrancF Member Posts: 35,279 ✭✭✭
    edited November -1
    quote:Originally posted by William81
    Starting out 2017 with a continuation of making my life less cluttered and simple. During the State quarter period 99-2008, I grabbed rolls of quarters from the bank from time to time and ended up with 50 rolls that I stored away in a lock box. Checking prices on various price sources, they can be worth more than their face value, but would require more time than it might be worth to sell them as opposed to just turning them in at the bank for cash......

    Any one mess with these coins and have an opinion moving them on....

    Thanks all....I am thinking a new toy can be financed with selling these.


    I have saved every one I have gotten since they started. I have just a little under $900 worth of them. I am sure a little gem is hiding somewhere in the bags. But maybe not.
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  • He DogHe Dog Member Posts: 51,593 ✭✭✭✭
    edited November -1
    I have the runs as mint sets and silver mint sets. That is enough, maybe with all the millions minted, someone's great grand kids will get a kick out of these.
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  • mark christianmark christian Member Posts: 24,443 ✭✭✭✭
    edited November -1
    I put together a full set for my niece by using pocket change without much trouble. Four years later, my sister surprised me (and my brother in law) by having another child and I had to scramble to get a second set together. Several members of the forum helped me with a few of the missing states. Because your supply of coins appears to be large enough to make up complete sets, by using one of the nice folders you'd get more than face for the fifty coins, otherwise, individually they are worth a quarter dollar.
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  • Henry0ReillyHenry0Reilly Member Posts: 10,892 ✭✭✭
    edited November -1
    IIRC the Tennessee quarters were a short run or for some other reason have collector value, and I see in another reply above that there may be others.

    Definitely see what your local coin shop would offer you before taking them to the bank.

    Listing them on the auction here might be worth your time.
    I used to recruit for the NRA until they sold us down the river (again!) in Heller v. DC. See my auctions (if any) under username henryreilly
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  • papernickerpapernicker Member Posts: 1,371 ✭✭✭
    edited November -1
    I think Osha shut a run down maybe Tenn.
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