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HeartsLove7's avatar

Is having all 50 states plus the U.S Virgin Island quarters worth anything?

Asked by HeartsLove7 (225points) June 26th, 2012

I have all 50 state quarters plus the U.S Virgin Islands. Are they worth anything as a collection?

Observing members: 0 Composing members: 0

14 Answers

Patton's avatar

$12.75.

($14.00 if you have all six quarters representing Washington, DC and the various US territories.)

zenvelo's avatar

Um, you might need the National Parks, too. They are worth 25 cents each.

WestRiverrat's avatar

It depends are they Silver proof sets, uncirculated mint sets or just pocket change you saved as you found them. Do you have the set from both Philadelphia and Denver mints all of one or the other or a mixed lot.

HeartsLove7's avatar

Pocket Change that I saved as I found them. I just checked them and they are all P mint.

WestRiverrat's avatar

Then they are worth about 25 cents each. Put them away in the attic, when your grandkids clean it out after you die in 60–70 years they may be worth something.

HeartsLove7's avatar

Thank you all for your responses!

JLeslie's avatar

We have quarters with the USVI on them? I swear every time I hadle money now I don’t recognize it.

lillycoyote's avatar

If it’s worth something to you, then it’s worth something. That’s all that matters. I like having all the quarters, both Philadelphia and Denver mint. If it it just a matter of monetary value, then you may be out of luck. It depends on why you care.

gorillapaws's avatar

@WestRiverrat “Then they are worth about 25 cents each. Put them away in the attic, when your grandkids clean it out after you die in 60–70 years they may be worth something.”

The real question is would her grandkids be able to have the same or greater purchasing power with the value of that collection in 60–70 years as one could buy now with $12.75? I just used an inflation calculator, and in 60 years at a fairly conservative 2.5% annual inflation rate, that collection would need to be worth at least $56.10 or it will have lost buying power over time. I think you could probably invest that money more wisely for your grandkids.

WestRiverrat's avatar

@gorillapaws If my grandfather had thought that way I would not have my quarter eagle gold piece.

gorillapaws's avatar

@WestRiverrat I’m not saying ALL, coins should be treated this way, but the 50-state quarter thing was done by so many people, I have a hard time seeing these collections being scarse in the future. And who knows, if you grandfather had bought shares of the right stocks and rolled the dividends over in an account for you, you might be able to afford a room full of quarter eagle gold pieces.

I think coin collecting can be fun for some people, and there’s nothing wrong with having hobbies like that, but I just don’t want the OP to delude herself into thinking these will make a particularly lucrative investment for her grandchildren one day. It still might be something fun to have and show them.

JLeslie's avatar

You can buy a holder for the coins,

elbanditoroso's avatar

If you had bought them in mint condition (in the little plastic envelopes, so they are untouched my human hands and unsullied by human oils, then the would have more value than 25 cents each.

But if these were circulated coins and have been touched by countless numbers of people, then they only have their own intrinsic value and are already beginning to deteriorate. I can see sentimental value, but nothing in dollars and cents.

gondwanalon's avatar

It is worth the satisfaction and fun of collecting the coins. Other than that your collection is little more than junk metal.

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