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State 25c Prices are taking OFFFFF…
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Every where you look State quarter errors are being snapped at higher & higher prices. Our advice is to Buy at yesterdays prices if you can, because tomorrow's the price will be higher.. Collectors are beginning to realize that these previously made series of 1999. 2000, 2001 are not available too often, When they do come into the market place there is usually fierce bidding to obtain one. So-called common "Clip" errors larger than 15% are being eagerly sought after, as are off centers, double strikes and any exotic error in the State quarter series. How HOT will they get? We feel someday in the not so distant future, 50% off center Delaware quarters will be OVER $500., off metals $3-5k+ (there almost there now), Double strikes $1,200-1,500., Caps 3k, Clips (20-40%) $200-300. Do you think I'm crazy!! Well, keep sitting back, waiting for those yesterday prices, hope you have a nice comfortable chair! If you haven't realized by now that this is going to be a very long "Bull" market for errors, you not only missed the boat.. But your still walking in the desert.
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Errors are the Hottest thing in the numismatic market and will continue to be for a number of reasons. The Mints have new presses that make considerably less errors. Errors have become popular with many new collectors There is a limited amount of previously made errors available in the market place. Almost every week the major numismatic newspapers have a front page story on errors. State quarters generated new interest in numismatics The discovery of US mules brought tons of excitement to the hobby. Some insider advice; This writer sticks with US Mint errors, why?? Because we are unaware of the minting procedures and security procedures of foreign mints. Are they as strict as the US Mints? We don't know.. There are just SO many different foreign Mints, literally HUNDREDS.. We may occasionally carry a foreign error coin, but only because we found it to be exotic and exciting looking but that is rarely done by us. We are NOT telling you not to collect foreign or ancient errors as everything is collectable. Just not OUR cup of tea .. Have FUN
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All content in this newsletter is the opinion of the author and should not be taken as sound investment advice. |
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