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Michael Byrne

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West Point Cents and Quarters

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MIKE BYRNE

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Hi everyone. I have been out of commission for a while. But I'm back just allow me some time. Let's me ask you what do you think of this wonderful progarm? I will tell you what I think. It's simple it failed. The mint in West point has been making our coinage from the 1970 's till present day there were no mint marks.. How can they with all there knowledge pack a cent than didn't stay in the packaging. They made billions of cents and put them in the mintages of the other mints. Now they make a nice proof. A nice reverse. And a lot of junk in a regular cent. Some grades are MS 67 all the way to MS 69. I'm sorry a handful of 70's.

   This of course was to benefit our hobby and get maybe new members. Well the general population does not collect. It was of course to up sales in those three sets. What it did was make millions for those at ebay. If you look at that way it worked fine. My first cent was destroyed. None of mine was in the packaging. I called immediately and was told they would call Texas were the fulfilment center is located and ask them and tell them to change the packaging.. A piece of tape maybe? Nothing and not the  first call. So the last coin in MS 70 is selling for thousands of dollars ten thousand if it's P.L. Well I can't explain it. I'm on NGC side with this one. They had every right to grade that cent the way it was. Did you ever watch how they load a truck ? They throw it in our comes the cent and the damage starts. Now the prices have dropped out and will continue to.

    The wonderful Quarter program. I'm disabled and was not expecting any. My wife found two at different times. Guess which one. Lowell. Both of them. Take a walk through eBay and you will see a tiny few on the American Memorial Park, Maybe three of the War in The Pacific.. I know where they are. I found the secret. There in circulation. The public was not made aware of this. But both programs were to bring more people to the hobby which has lost five percent of collectors in the last year. Ask a friend what is a mint mark.? Good question for Jepordary. There getting beat up and with that there grades will drop. I think in the next few years as will see more. A friend of mine went to the bank and asked for a box of quarters and was told I'm sorry we can't give you a few rolls. No wonder there are no new boxes on ebay. It took time but they were over crowed for the first one. Not the second or third. So this has not worked except those on ebay who have more Lowell quarters they can sell. I'm sorry but I think this attempt failed. I understand the thought behind it but I don't think it's working. I wish it would have i really do. Collectors are out there at banks, Wells Fargo ,Credit Unions. There coming up empty. There is one blog at the ANA about someone finding one or two. It was written by me. There have thousands of people who have access to the site. One blog. I'm not saying anything about the program it was great they put ten million into circulation that was very generous of  them to do it. I honestly wish and still hope it works. The fun is in the hunt. So keep looking you will find them. Or they will find you in my case. This can still work but I had to tell both sides. Tell your friends and neighbors what to look for. Tell them it might be worth money!! Let's get something out of this . My motto is never give up and it should be yours. It does feel that way. But it doesn't have to be that way. Thanks for reading and please keep.looking. And tell people.what to look for them maybe they will give it to you. Take care and keep your eyes open. Thanks Mike.

 

 

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I think the release of W quarters during 2019 is a well meaning attempt to interest the general population in coins and collecting.  I do not think it will be successful in gaining any significant number of new collectors.  But us current collectors can revel in the hunt, knowing that most of those W quarters will pass through many unknowing hands until they finally reach ours. All my change goes into a coffee mug, once it has been examined, the full mug usually yields 30.00 plus in Amazon cert at the coinstar machine.  These  W quarters, due to similar kinds of saving, will trickle out into the economy over years.  The only one I really want to find is the yet to be released San Antonio Quarter, I love the design and I would be thrilled if a W of that type fell into my hot little hands. 

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I think the mint is getting desperate and this just another gimmick. Think of all the gimmicks they have introduced in the last ten years or so. Reverse proof, sms, burnished, convex, and now W coins for general circulation. We are all addicted so we aren't the target :) Except for those of us with OCD who have to have one of everything the mint releases. Fortunately I have overcome that compulsion since retirement ^__^   The selling of many of the "must haves" in my collection have shown me the error of my ways. Be patient and the right coin will find you, maybe not on your schedule but it is out there. Happy Hunting

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21 hours ago, Mokiechan said:

I think the release of W quarters during 2019 is a well meaning attempt to interest the general population in coins and collecting.  I do not think it will be successful in gaining any significant number of new collectors.  But us current collectors can revel in the hunt, knowing that most of those W quarters will pass through many unknowing hands until they finally reach ours. All my change goes into a coffee mug, once it has been examined, the full mug usually yields 30.00 plus in Amazon cert at the coinstar machine.  These  W quarters, due to similar kinds of saving, will trickle out into the economy over years.  The only one I really want to find is the yet to be released San Antonio Quarter, I love the design and I would be thrilled if a W of that type fell into my hot little hands. 

Thanks for your opinion my friend. I agree the population knows nothing and were not told good anything. In my blog  I said what you said.Over the years we will find them. What a waste of our ten million dollars. They could of given it to me. Take care

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On 6/13/2019 at 7:23 AM, rons said:

I think the mint is getting desperate and this just another gimmick. Think of all the gimmicks they have introduced in the last ten years or so. Reverse proof, sms, burnished, convex, and now W coins for general circulation. We are all addicted so we aren't the target :) Except for those of us with OCD who have to have one of everything the mint releases. Fortunately I have overcome that compulsion since retirement ^__^   The selling of many of the "must haves" in my collection have shown me the error of my ways. Be patient and the right coin will find you, maybe not on your schedule but it is out there. Happy Hunting

I believe they did all this because Coin World reported that collectors have dropped over five percent in the last year. That's a big loss in money. So they came out with these gimmicks and they tell flat. Thanks. 

Edited by MIKE BYRNE
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I recently started collecting after seeing a few random videos about the silver market. I started out doing coin roll hunts and checking some of the change I had around the house. It has rapidly evolved into a minor obsession with all kinds of coins. Being a computer engineer and prior service member, I have been conditioned to absorb a lot of information for work. This new hobby has lead into learning a great deal in the last few months. So much to learn and I feel rather pathetic at times about how enjoyable a roll hunt can be for me. The wife is not to happy about me taking over the dining room table a few nights a week but my son's live it. Have not bought a membership yet, but I'm interested in doing it soon as I have a few coins I want to have graded. My interest are somewhat evenly split between the precious metal stacking and numismatic collecting. I see value in both. Definitely on the hunt for the West point Quarter but I am somewhat suspicious like the OP about the process of releasing the coins into circulation. Would love to see what the logistics or strategy that is used in scattering the W coins into circulation with P and D mints. Found almost an entire roll about two weeks ago full of P and D war in the Pacific quarters but they have been sparse since. Lowell's are very abundant though, I have 4 of the die chip errors. I suspect many others do as well and would love to hear some opinions on what the real value of the Lowell errors are. I see such a wide spectrum of valuation on the web.

Edited by Awii031683
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