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<p>[QUOTE="cladking, post: 8158246, member: 68"]I collect the '65 to date cents in Gem and concentrate on the zincolns. </p><p><br /></p><p>Some of the modern cents are getting quite scarce in pristine condition and no one seems to notice. Sure there can be millions of a date saved but most of these have been poorly stored or were so unstable when they were released the coins are spotted or even rotted today. Even coins that are taken for granted like a nice attractive BU 1968 is very tough without carbon spots. The '84 issue was virtually rare i n pristine condition with nice smooth surfaces in 1984 and by now there may be none left. I have a couple but last I looked they had tiny little carbon spots. By now they might be zinc oxide. </p><p><br /></p><p>Not all the modern cents were saved in huge numbers. Some of the very lightly saved coins (like the '71-S) have tarnished as well and even the mint set coins tend to be bad. </p><p><br /></p><p>If collectors ever start paying attention to these and other moderns they will find some major scarcities. Modern aren't cheap because they are common but rather because there is so little demand. Try finding low denomination Soviet coins! These have large mintages and very low survival, even lower than the '68 cent but some have very high prices despite weak demand. The same things applies to Chinese coins and is starting on Indian coins. With the sky rocketing price of US mint sets it shouldn't be long until collectors notice that some of these coins are going to be quite scarce. And many are going to be tough in Gem because many dates just weren't made very nice.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 8158246, member: 68"]I collect the '65 to date cents in Gem and concentrate on the zincolns. Some of the modern cents are getting quite scarce in pristine condition and no one seems to notice. Sure there can be millions of a date saved but most of these have been poorly stored or were so unstable when they were released the coins are spotted or even rotted today. Even coins that are taken for granted like a nice attractive BU 1968 is very tough without carbon spots. The '84 issue was virtually rare i n pristine condition with nice smooth surfaces in 1984 and by now there may be none left. I have a couple but last I looked they had tiny little carbon spots. By now they might be zinc oxide. Not all the modern cents were saved in huge numbers. Some of the very lightly saved coins (like the '71-S) have tarnished as well and even the mint set coins tend to be bad. If collectors ever start paying attention to these and other moderns they will find some major scarcities. Modern aren't cheap because they are common but rather because there is so little demand. Try finding low denomination Soviet coins! These have large mintages and very low survival, even lower than the '68 cent but some have very high prices despite weak demand. The same things applies to Chinese coins and is starting on Indian coins. With the sky rocketing price of US mint sets it shouldn't be long until collectors notice that some of these coins are going to be quite scarce. And many are going to be tough in Gem because many dates just weren't made very nice.[/QUOTE]
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Are there many penny collectors out there?
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