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<p>[QUOTE="cladking, post: 132413, member: 68"]The small date did appear in circulation but few were found. Even today you see very few of these in lower than AU so the implication is that most came from mint sets. There were two million mint sets minted and a little more than 10% were small dates (~10.5%). Lots of these have been lost or destroyed over the years since this coin got little attention in the early days. In 1971 a roll of '60 sm dts were about $300, '60-D was $20 and the '70-S was about $50. Few people thought the '70 coin had much potential since the supply just dwarfed the demand and they were easily found in mint sets which were being cut up in large numbers for the '70-D half dollar. Even as late as the early '80's a roll of these was as little as a couple hundred dollars. </p><p><br /></p><p>Over the years a great deal has changed. Not only have many of these been lost and destroyed but the demand has continued to grow. '70 mint sets are no longer a prime source for the coins because most of these sets no longer exist and the ones that do have been picked over and the small dates removed. There just aren't any big hordes of these so the small demand is not as easily satisfied. The '60 sm dt roll has lost about half its value from the early '70's and the '60-D sm dt is so cheap that it can't even be shipped. It sells for 80c if you can find a buyer. Ironically the '60-D lg dt sells for more!. The '70-S sm dt wholesales at $1,850 per roll now. </p><p><br /></p><p>This coin comes very nice in the mint set but only rarely. They have suffered a lot of corroision in the last several years so gems are not so easy as they once were. The average grade was about the same as the large date at MS-64 but now most would charitably be described as MS-63. I've never seen one in PL but nice example are very gemmy. </p><p><br /></p><p>There are probably thousands remaining in circulation and perhaps 100,000 AU/ Uncs already removed. There may be about 100,000 surviving from mint sets and 10,000 still in the sets but the bulk of these are in sets still in the possession of the original purchaser and are not seen in the marketplace except as they are sold a few at a time over the years. </p><p><br /></p><p>I would consider the coin nearly fully priced except that they are very widely distributed and that there are still lots more collections of the wheat cents than of the memorials. They are probably a good buy in choice condition and the lower gem grades but you might want to avoid the highest grades unless you feel comfortable with them or need it for a collection.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 132413, member: 68"]The small date did appear in circulation but few were found. Even today you see very few of these in lower than AU so the implication is that most came from mint sets. There were two million mint sets minted and a little more than 10% were small dates (~10.5%). Lots of these have been lost or destroyed over the years since this coin got little attention in the early days. In 1971 a roll of '60 sm dts were about $300, '60-D was $20 and the '70-S was about $50. Few people thought the '70 coin had much potential since the supply just dwarfed the demand and they were easily found in mint sets which were being cut up in large numbers for the '70-D half dollar. Even as late as the early '80's a roll of these was as little as a couple hundred dollars. Over the years a great deal has changed. Not only have many of these been lost and destroyed but the demand has continued to grow. '70 mint sets are no longer a prime source for the coins because most of these sets no longer exist and the ones that do have been picked over and the small dates removed. There just aren't any big hordes of these so the small demand is not as easily satisfied. The '60 sm dt roll has lost about half its value from the early '70's and the '60-D sm dt is so cheap that it can't even be shipped. It sells for 80c if you can find a buyer. Ironically the '60-D lg dt sells for more!. The '70-S sm dt wholesales at $1,850 per roll now. This coin comes very nice in the mint set but only rarely. They have suffered a lot of corroision in the last several years so gems are not so easy as they once were. The average grade was about the same as the large date at MS-64 but now most would charitably be described as MS-63. I've never seen one in PL but nice example are very gemmy. There are probably thousands remaining in circulation and perhaps 100,000 AU/ Uncs already removed. There may be about 100,000 surviving from mint sets and 10,000 still in the sets but the bulk of these are in sets still in the possession of the original purchaser and are not seen in the marketplace except as they are sold a few at a time over the years. I would consider the coin nearly fully priced except that they are very widely distributed and that there are still lots more collections of the wheat cents than of the memorials. They are probably a good buy in choice condition and the lower gem grades but you might want to avoid the highest grades unless you feel comfortable with them or need it for a collection.[/QUOTE]
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1970 S small date
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