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<p>[QUOTE=&quot;CamaroDMD, post: 1149865, member: 5233&quot;]Here is the problem, you are taking data that is almost 80 years old and assuming it&#039;s still accurate.&nbsp; It&#039;s not.&nbsp; How long have you been collecting coins?&nbsp; You seem inexperienced and that&#039;s OK, this is a good place to learn about things like this.&nbsp; Here is an example that is well known that I think will make it clearer how a coin with a larger mintage can be rarer:</p><p><br /></p><p>Lets talk about Lincoln cents for a minute.&nbsp; It&#039;s well established that there are 2 true key coins in the Lincoln series: those are the 1909-S VDB with a mintage of 484,000 and the 1914-D with a mintage of 1,193,000.&nbsp; These coins are roughly 100 years old and when they were minted there was 3x more 1914-Ds.&nbsp; So, one would expect that the 1909-S VDB would be rarer and more valuable...but during that 100 years things have changed.</p><p><br /></p><p>I&#039;m going to throw out a couple values found in the 2007 Red Book.&nbsp; It&#039;s the newest edition I have.&nbsp; Red Book values aren&#039;t exact...but they do show relative trends and I don&#039;t have time to go to HA and get better values (I have to see a patient at school in an hour so I need to leave in a few minutes).</p><p><br /></p><p>Anyway, here are some values:</p><p><br /></p><p>1909-S VDB G4: $600</p><p>1914-D G4: $135</p><p><br /></p><p>1909-S VDB EF40: $1000</p><p>1914-D EF40: $600</p><p><br /></p><p>1909-S VDB MS60: $1350</p><p>1914-D MS60: $1600</p><p><br /></p><p>As you can see, the 1914-D overtakes the 1909-S VDB despite the 3x mintage by MS60.&nbsp; The differences even become more dramatic as you go higher in the grades.&nbsp; The reason is how many have survived.&nbsp; The 1909 was the first year and many were saved in high grade, so they are more common.&nbsp; The 1914 was not saved so as you go higher in grade, the value skyrockets.&nbsp; Original mintage doesn&#039;t mean a whole lot when those coins are 100 years old.&nbsp; The trend with the 1932 Washington&#039;s is even more dramatic despite a very similar mintage.</p><p><br /></p><p>Here are some values for the 1932-D ans 1932-S Washington&#039;s from the same Red Book:</p><p><br /></p><p>1932-D VG8: $145</p><p>1932-S VG8: $140</p><p><br /></p><p>1932-D AU50: $500</p><p>1932-S AU50: $240</p><p><br /></p><p>1932-D MS65: $24000</p><p>1932-S MS65: $6750</p><p><br /></p><p>As you can see, as the grade increases the 1932-D is far more valuable.&nbsp; This is because the surviving numbers are much lower.&nbsp; Even though 28,800 more 1932-D quarters were minted, it is far rarer today.&nbsp; There is no way to argue that when you look at the numbers.[/QUOTE]</p><p><br /></p>

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