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Modwriter

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Everything posted by Modwriter

  1. Thank you Just Bob and Quintus Arrius. Sadly, I must return a few of my Washingtons to my bank. I could not find any answers to my question. It seems all of the grading sites talk about grading the obverse and reverse of the coins, but not the reeded edges.
  2. I have several 65-98 Washington quarters in my collection that are MS grade obverse and reverse, but the reeded edges are worn smooth or near smooth. Do the grading services downgrade if the reeds are worn?
  3. Mike Byers, Inc. specializes in error coins. The 1970 error quarter is graded by NGC. https://mikebyers.com/ It looks like a microscopic error, not worth $35,000 to me.
  4. Be careful with ebay. Only buy from a 5 star seller there. Was the $35,000 quarter graded and slabbed by one of the third party grading services? If I was to buy a $35,000 quarter, I would only buy it through a reputable auction house such as Heritage Auctions.
  5. Picked up two rolls of state quarters from my bank yesterday with U.S. Mint wrappers. 2007-P Montana and 2008-D Oklahoma. These was a first for me with U.S. Mint wrapped quarters. The 2007-P Montana's were scratched up and only saved 14 out of the roll in MS. The 2008-D Oklahoma's were all in MS condition. Surprised that I did not have two complete MS rolls, being directly from the mint. So if anybody buying bags or the rolls from the mint beware!
  6. Just Bob, would you hold onto this quarter? I would not, too much ridge damage for me..
  7. This quarter would go into my reject roll to be returned to bank. Don't waste your time with Washington's in this condition.
  8. News Release from U.S. Mint: https://click.email.usmint.gov/?qs=3f75d948173e1c7594295e98635fe9e44dffeeed93875d0c56f801da088b03c519216f3ae06c31f6ae5cc942fa56a545aca986ce9cf6b4ee
  9. I did see the Mint Directors alternative metal reports for coins at the U.S. Mint website. It would be interesting to know if Secretary Mnuchin has suggested eliminating the penny or nickel to Congress yet. Former Democratic Presidential candidate Andrew Yang has suggested eliminating the penny and nickel.
  10. The mint is exploring less expensive metals for the penny and nickel. If they can't, expect the penny and nickel to be eliminated.
  11. Not too bad of shape for being 40 years old, but the scratches and whatever is on the B in Liberty concern me for grading right now.
  12. From Wikipedia: Manganese (Some Mn used in US wartime "silver nickels" and the new US dollar coin for similar reasons – attempts to match magnetic and electrical properties of previous nickels, and previous Susan B. Anthony dollars, for vending machines) Magnesium (Magnesium-aluminum coins were issued in 1943 for the Łódź (Litzmannstadt) Ghetto in Poland, and are used in India) The OP quarter is not magnesium.
  13. Roll up your coins and bring them to your bank for face value or take them to a Coinstar and exchange them for a gift card.
  14. I don't think we should be shipping gold coins right now. https://coinweek.com/people-in-the-news/crime-and-fraud/numismatic-crime-coins-stolen-cut-from-packages-in-transit/
  15. Googled it. It is a Australian half dollar and the reverse is the coat of arms. The obverse is QEII. That is supposed to be an image of a lion. I am guessing die damage, grease is the word.
  16. Looks like a monkey, not a lion. Australia coin? Because of the kangaroo and emu.
  17. Oops. Yes 2000-P MA State. Good eye! Thanks VKurtB. One of the vending machines in the community center here gave me nickels with my quarters this morning. Hope they re-supply the quarters. Ive been cherry picking quarters from that one machine for months. Still have the other vending machine, but never could find a keeper from it.
  18. Thanks kbbpll. Interesting article about the metal scrapping trade. Researching coin destruction by the Mint now after Conder found their 2019 annual report. If the 2.8 million is an average annual coin destruction amount, the Mint has destroyed 140 million coins over the last 50 years. I'm a numbers guy just trying to put together a coin population report.
  19. I was thinking about shooting a BB into a quarter with my Red Ryder as a test, but did not want to shoot my eye out. I need my eyes for grading.
  20. Thanks again Conder. It is a drop in the bucket, but that is good news for coin collectors. IMO
  21. I did go to my in-store bank branch yesterday and purchased a roll of quarters for $10 cash. The teller asked me if I am a customer and I showed him my debit card. I was given a customer wrapped roll that was 75c ents short, but the quarters were mint state 2009-P MA keepers. My area (Temecula, CA) seems to be flooded with MA quarters.
  22. Thinking about filing a FOIA request to the Federal Reserve. Would like to know how many coins are destroyed annually by denomination. Does anyone know if this has been done? https://www.federalreserve.gov/foia/about_foia.htm
  23. Send it in to be graded! That is a beautiful quarter.
  24. Hall did say that the human eye is the best at grading coins at that roundtable interview with the four founders of PCGS.