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1961 5 cents cuban
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<p>[QUOTE="cladking, post: 1169341, member: 68"]This is actually a highly desirable coin in ChUnc. It lists for only $2 which is mostly a nuisance fee but finding this coin is exceedingly difficult despite a mintage over 70,000,000. People just didn't save these when they were new and they got all worn out and beaten up in circulation. I'd guess they've all been withdrawn and melted by now or destroyed for private uses so finding nice pristine examples is extremely difficult. The price is low not because they are common but because there is virtually no demand whatsoever. </p><p><br /></p><p>In a few years relations between most of the western governments and Cuba will probably be normalized and you'll see a great deal of new demand for the post-'58 coinage. Then we'll know which are common and which are scarce but I can tell you in advance; most are tough or scarce. Almost none exist in the US and these don't exist in very large numbers anywhere. </p><p><br /></p><p>The '61 5c isn't too hard in XF/ AU and isn't scarce in Unc but choice examples are elusive in my experience. Poor examples will probably never carry much of a premium because these will literally come out of the woodwork and be recovered from dumps and the like. But once a coin is allowed to all go into circulation there is no going back and this has happened to countless moderns.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1169341, member: 68"]This is actually a highly desirable coin in ChUnc. It lists for only $2 which is mostly a nuisance fee but finding this coin is exceedingly difficult despite a mintage over 70,000,000. People just didn't save these when they were new and they got all worn out and beaten up in circulation. I'd guess they've all been withdrawn and melted by now or destroyed for private uses so finding nice pristine examples is extremely difficult. The price is low not because they are common but because there is virtually no demand whatsoever. In a few years relations between most of the western governments and Cuba will probably be normalized and you'll see a great deal of new demand for the post-'58 coinage. Then we'll know which are common and which are scarce but I can tell you in advance; most are tough or scarce. Almost none exist in the US and these don't exist in very large numbers anywhere. The '61 5c isn't too hard in XF/ AU and isn't scarce in Unc but choice examples are elusive in my experience. Poor examples will probably never carry much of a premium because these will literally come out of the woodwork and be recovered from dumps and the like. But once a coin is allowed to all go into circulation there is no going back and this has happened to countless moderns.[/QUOTE]
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