🚀 go-pugleaf

In article <37A5F893.5330@there.com>, You  <you@there.com> wrote:
>Unless I'm mistaken, the Delaware Quarters were recalled by the U.S.
>Mint for some form of metal defect... thus probably making those in
>circulation potential collector items.  Uncirculated ones, of course,
>worth even more.  

That rumor is definitely false.  I've heard it too, that basically the
planchets were defective, or too light or, whatever.  If you actually
take a scale and weigh them and look at the specs. they are within 
spec.  They DO work in vending machines, etc...  

No recall, although I'm sure there are lots of people out there (not you)
who have a vested interest in trying to spread it so they can up the 
ante and make the coins seem scarce so they can charge higher than face 
value for them.

If you're going to pay higher than face, just get mint/proof sets from the
US Mint ( http://www.usmint.gov/ ).  So far the uncirculated (also known
as "mint") sets have had higher quality strikes (fewer bag marks) than what
you get out of rolls from the bank for from the sewn bags that are the 
canonical means of bulk distribution from the mint to the Federal Reserve
Banks.  Of course, the proof sets have the highest of quality, double struck
on specially handled planchets.

>I'm not supporting the guys post, just stating that with these Delaware
>Quarters, there is a potential for them to be of higher value.  I'd
>never bid on anything, let alone Quarters... but then I'm not a coin
>collector either. 

Like any coin, there's the possiblity that it will *EVENTUALLY* go up in value,
but if you look at the 1976 Bicentennial quarters, the only ones that are worth
more than a quarter are for those in uncirculated condition.  It'll take a 
LOT longer before circulated examples will be worth more than face.  

It's like wheat pennies.  For the most part common date wheats are worth 
1/10th of a cent more than a penny.  Reason?  There were LOTS of them minted.
 :-)  Same with the states quarters they are minting lots of them.  I think
the mint web page may have mintage figures on them.

The point of collecting is to just collect what you like.  Do NOT hoard them
or pay mondo bucks for them on the assumption that they are going to go up
in value.  Coins in general have been pretty shoddy investment instruments.

Just my random ramblings.

BCNU.