Modern issues in top grades continue to get the attention of
collectors putting together grading service Registry Sets.
However, collectors would be wise to keep an eye on grading service
population reports to monitor increase of certain issues in top grades
as more modern-era coins are submitted to grading services. With a
limited number of buyers, addition of new examples certified in top
grades can have a big impact on the price.
As the supply of these modern issues is only going to increase over
time, to sustain demand more collectors will need to keep wanting these.
Here is one of three recently sold high-grade modern issues we're
profiling in this week's Market Analysis:
Washington quarter dollar, MS-67
Among Washington quarter dollars, some issues from the 1980s that
are generally worth face value become rarities in top Mint State grades.
The Philadelphia Mint struck more than 673.5 million 1983 quarter
dollars, but of the more than 1,000 graded by PCGS, just 11 have been
Connect with Coin World:
At a July 24 online auction by GreatCollections, a PCGS MS-67
quarter dollar sold for $1,925. Just a month earlier, at Heritage’s
Long Beach auction, a different example sold for $2,596.75.
Curiously, at that time PCGS had graded just nine examples in MS-67,
meaning that in the following month two more examples were added to
the population report.
What is the value of your 1983-P Washington quarter? Coin Values tells you.
What a difference a point can make to value, as examples graded
MS-66 routinely sell for around $100.
Keep reading this
modern rarity Market Analysis: