The mintages

Ok I have been a numismatic connoisseur for years, and I find that in my assessment and Analysis Modern coins. I'm going to say from 1800 to present day. I find that the key coin are the lowest mintages, now I so happened I just want to take a look modern coinage to find out what are the key points that I want to collect to say find a better value for my collection.

This is for small cents currently I have created a short list for those coin bugs out there and here you go.. I'll be trying to attach a video if it doesn't go through have 2 small videos I wanted to attach hope this is some good knowledge and passing on make enrich your collection

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Video 1

Preview of modern coinage pt 1


Preview of modern coinage pt 2

 

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I'm just curious.. Did you know this or you just realized now. That's why they are called Key Dates, because they had fairly low mintages

 

I have known this for 23+ yrs by key I mean $$$$$$

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There worth buying

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My question is why persay are the satin finish Lincoln cents worth not worth thousands ... or the 1931s should be by far worth at least 1-2000 each

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Don't forget, it's not how many were struck but it's how many still exist, particularly in collectible condition.
But with your tabulation of small cents from 1800 on it's reasonable that a high percentage are still extant.

 

When comparing the two in high grade there is a vast difference. The 31S in MS66 will run you 4 figures while a satin finish '10 in MS67 would only fetch a few dollars. Low mintage numbers doesn't always mean high dollar key. The 31S was issued for circulation and thus used in commerce resulting in circulated pieces as well has collected coins of higher grade whereas the satin Lincolns while having relative low mintage were only issued in sets sold to collectors with mintage based on perceived demand. Kind of an apple and orange type situation. JMHO

 

Yes, I think it's about the "average condition" of the extant examples of those coins, as well as mintages that seems to drive collector prices. Some of those early Lincolns on your list were heavily circulated.

Well, "popularity" or maybe "hype" also has something to do with market price, too (people keep picking on the 09-S VDB as an example).

Knowing the average condition for any given year or variety is huge knowledge for coin collectors, and is something that U.S. coin collectors seem to have a decent handle on.

 

Low mintages are only an indicator that a coin may be a sound investment. Absolute rarity can be mistaken for condition rarity in that certain coins may have a very low mintage but may not necessarily be considered to be rare. A great example of this is the 1881 and 1885 cc Morgans. These both have very low mintages but very high pops, which make them very common and easy to obtain. On the other hand, some coins with very high mintages have very low pops in high grades making them scarce and more valuable. Every coin has a unique set of circumstances which should be carefully studied.

 

Case in point...1886 O Morgan in ms63 and up. Don't you wish you had a roll of those in BU??

 

I do agree that every coin has its circumstances comma I guess it's mainly because of the appeal of the market on certain pieces which really do depict the value

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All of the above. Yet, even so, at today's low prices, I like the satins cents' potential and have put several rolls away. Notice how the 2008 Satins are the lowest mintage Memorial Cents and even lower than the 31-s Wheat Cent - and yes, most of the 31-s mintage still exists, thanks to a collector/investor who hoarded practically the entire mintage. And, barring a special mint release, it looks like the 2010 Satin Cents will be the lowest mintage Shield Cents.

 

Coindition, mintage and available supply (not necessarily in that order)...the numismatic value Hat Trick.

 

Demand also plays a huge part in value.

Why isn't the 1867-S quarter eagle with 28000 minted and 175 survivors worth thousands?
Why isn't the 1852-O half dime with 260000 minted and 200 survivors worth thousands?
Why isn't the 1838-O half dime with 70000 minted and 200 survivors worth thousands?
Why isn't the 1861-S quarter with 96000 minted and 60 survivors worth thousands?

Why is the 1916-D Mercury Dime with 264000 minted and 10000 survivors worth thousands in grades above VG?

The answer to all these questions is demand. Huge amounts of collectors want the latter coin, but very few (one being me!) are interested in the former four.

 

It sure would help demand for satins if they had holes to fill in albums and were listed separately in the Red Book. As of now only the 2009's are listed separately and have holes in some albums.

 

As was mentioned prior, hype increases demand which can undermine all logic.
The 2014 gold Kennedy is a great example of this...coins which went for 4-5,000$ are now selling for 1,500$ and still may be on the way south! I regard hype as one of the most dangerous factors in Numismatics today, and try to steer clear of it.

 

This is basically the same thing as when you said 55 DDOs should be $100k+ coins based on the estimated mintage compared with that of the S VDB; it just doesn't work that way. One cannot take the price for X coin, perhaps in X grade, look at its mintage, and say that another coin "should be worth x" based upon it. Certain coins, even if more scarce, simply cannot support the same values/prices of others can/do, even if the latter is more common; this is where popularity and demand come into play.

It also should be remembered that survival is much more important than original mintage; it doesn't really matter how many there were at one time if they don't exist today as they can have no bearing on the market.

 

But with survival sometimes things are even sketchier, if the 1861-S quarter was valued in correlation with the 09-S VDB it would be worth $583333.33 in Good-4. I'm using Good-4 so I can get all the survivors in there. In UNC it would be priceless as there are no UNC 61-S quarters known to exist.

 

I think it's an extremely naive mistake to compare this modern issue cent to anything from 1931 and before on your list. Also, there is a huge difference between these 2009 cents you are discussing with the special set and the 1931 and prior cents.

The 1931 and prior cents WERE CIRCULATED. This 2009 cent was SOLD UNCIRCULATED FROM THE MINT IN A SET. This is like comparing the price/demand of apples to the price/demand of hamsters.

As others have said, condition, survivorship, and mintage all matter. This 2009 satin cent will presumably have 99% survivorship in uncirculated grades and a total mintage of 800,000. That's 792000 mint state survivors. Do you think there will ever be enough demand to make this comparable to any of the other dates you listed? Lets be realistic here.

It is of this collector's own personal opinion that there will never be a key date like the key dates of yesteryear again as long as the status quo is maintained. Too many coins are minted today and saved. And it is of this collector's own personal opinion that comparing modern coins such as this 2009 cent in terms of collector value to a 1909S VDB or an 1856 flying eagle is an extreme injustice.

 

The 55ddo cent and the 37-d 3-legged nickel are the 2 most hyped and popular coins I can remember...when I first started collecting in 1963, everyone knew of these coins and they gained much popularity which only grew over the years. Even though both of these coins have large pops, they are in very high demand and will always be, because of their huge popularity.