From a non error mindset, and looking soley on a perfect coin fresh from the mint. What kind of numbers do we generally think of when we think, "Oh this is gonna be a keeper for later sale."? For instance I see that if a silver proof ASE was under a million, it would be worth getting, but I see as the UHR goes over 60,000 nobody seems to believe it will be worth much more than purchased for. And on that same note, if these new pennies were only a few million a piece, people would be going bonkers trying to hoard them. Can anyone shed some light on this subject?
Low Mintage, great coloring I don't just mean shiny...eye appeal.. High grade (details) there are a lot of factors that come into the demand for coins
09 UHR will be a rare coin, in time. It has a very low mintage, but still not lower than the 2008 $10 AGE, which was 9,200 The pennies, are flukes The quarters, are flukes The dimes and nickles, are flukes Only thing I see, that the mint has had for sale this year that is worth buying is the proof set, the lincoln dollar (IMO UGLY) and the first ladies... That is it The LP1's and Harrison dollar rolls sell for big premiums, because the mint had a low mintage of those sets, TO TRICK THE COLLECTORS INTO BUYING THE TYLERS and LP2's I don't think a whole lot of stuff is worth getting at the mint I'd order the lincoln dollar (WAIT SOLD OUT) So that is a no there I say, once the Tyler mintages are announced, and if they are lower than the anna harrisons, I'd get one or two of those, one proof and one UNC or two of whichever one has a lower mintage Also, keep your eyes peeled for that $50 GOLD PROOF buffalo... Wonder what mintage will be on it And I'd recommend buying a proof set, and the silver proof set, and the set with the lincoln dollar, and the four pennies, with a mintage of 50,000... I'll be getting one of those, I HOPE
Nothing RARE here! [FONT="]Dimes:[/FONT] [FONT="]2008-P 413 Million[/FONT] [FONT="]2008-D 637.5 Million[/FONT] [FONT="]2009-P 96.5 Million[/FONT] [FONT="]2009-D 49.5 Million[/FONT] [FONT="]2008-P Minus 2009-P=316.5 Million[/FONT] [FONT="]2008-D Minus 2009-D=588 Million[/FONT] Nickels: [FONT="]2008-P 287.8 Million[/FONT] [FONT="]2008-D 352.8 Million[/FONT] 2009-P 39.84 Million 2009-D 39.36 Million 2008-P Minus 2009-P=247.96 Million 2008-D Minus 2009-P=313.44 Million
"What makes a coind rare? Mintage numbers?" In the classic sense of the term, two things... Mintage and survival rate. Combine the two and you have rarity. If you're a math guy then it is something like this "rarity = mintage * survival rate". Mintage is obvious and for the most part very well known. Survival rate is a bit more obtuse and difficult to quantify, but collectors of a series can get a very good feeling for the relative rarity of a coin after a while by judging how often it is "seen" by the numismatic community and other anecdotal evidence.
p.s. some people also include "conditional" rarities -- I think that's contrived and therefore I didn't include it in the above discussion.
You could have a coin, minted in the hundreds of thousands, and for the most part, it would be a semi key coin, but, a coin like the 33' Gaudens, had them all melted down, and only 1 is known, and it sold for 7.59 million That is where survival rate comes into play Condition can come into play, if you have a MS69 morgan dollar, well that is a RARE coin, just because of the condition, but lets say it is not a key date, it is a regular ole' 1884 O in MS69, only reason it is rare is condition There are many determining factors to rare coins.. I think a lot of the stuff we have now, is just MODERN CRAP.
the biggest factor in a coins value is demand. nothign else. if 10 are printed, and only 1 guy wants them... the price will drop. if 10 million are minted and 50 million people want it, price climbs fast.... most often yes, its a combo of how many were minted... but unless the demand is there....?!?!?
In general if a coin appeals to you it appeals to others...in other words if you find a coin interesting, and cool, good design Exc.. Then get it while its cheap don't wait and watch, get what appeals to you!
Personally as mentioned I do not think of any of the moderns will be "rare" because they will have a high survival rate as mentioned. This does not mean some of them will not be valuable, but that is because of demand.
Unless the modern coins get melted... Lets say 65,000 UHR, total, and that is it Odds are, most will survive, but lets say 40,000 are minted Well, 20,000 are still here, and some collectors consider more than bullion, and really really, want the perfect coin, the MS70, well this could not only raise prices for the UHR in general, but really really raise the prices of a MS70.
