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<p>[QUOTE="ewomack, post: 7783489, member: 15588"]Half cents provide the perfect example of how demand outranks supply in the coin market. They are genuinely rare coins, but they remain pretty affordable. The 1835 above cost around $200. Had I bought an equivalent 1909-S VDB Lincoln, with a mintage of some 100,000 more, I would have had to spend at least $1,100 or possibly face a bidding war, etc. People want to complete their Lincoln cent sets, but few people apparently want to collect half cents.</p><p><br /></p><p>It makes some sense, because a full collection of half cents would cost thousands upon thousands of dollars. I'll likely <i>never</i> have a 1793, unless someone gives me one (any takers?), or a 1796, or an 1802, or an 1811 or even a few other very high priced dates (not to mention the costly proofs). Filling that set requires more than a small fortune, whereas more people could feasibly complete a Lincoln set.</p><p><br /></p><p>Plus, looking at the 2019 versus the 2022 Redbooks, the values of the Braided Hair half cents seem to have decreased pretty substantially, even though many have reported mintages in the 30,000s to the 50,000s. People apparently don't want these coins very much and their values reflect that. Rarity doesn't always necessitate high prices for collectibles. People have to <i>want </i>them. I can only conclude that few people want half cents.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 7783489, member: 15588"]Half cents provide the perfect example of how demand outranks supply in the coin market. They are genuinely rare coins, but they remain pretty affordable. The 1835 above cost around $200. Had I bought an equivalent 1909-S VDB Lincoln, with a mintage of some 100,000 more, I would have had to spend at least $1,100 or possibly face a bidding war, etc. People want to complete their Lincoln cent sets, but few people apparently want to collect half cents. It makes some sense, because a full collection of half cents would cost thousands upon thousands of dollars. I'll likely [I]never[/I] have a 1793, unless someone gives me one (any takers?), or a 1796, or an 1802, or an 1811 or even a few other very high priced dates (not to mention the costly proofs). Filling that set requires more than a small fortune, whereas more people could feasibly complete a Lincoln set. Plus, looking at the 2019 versus the 2022 Redbooks, the values of the Braided Hair half cents seem to have decreased pretty substantially, even though many have reported mintages in the 30,000s to the 50,000s. People apparently don't want these coins very much and their values reflect that. Rarity doesn't always necessitate high prices for collectibles. People have to [I]want [/I]them. I can only conclude that few people want half cents.[/QUOTE]
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