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<p>[QUOTE="World Colonial, post: 2420261, member: 78153"]There can be a big difference in scarcity between pre and post 1933 dates in US coinage because 1933 is (apparently) when album collecting became prevalent. You can read an article in the Coin Week archives written by Greg Reynolds who discusses the subject.</p><p><br /></p><p>For 20th century US coins, mintages are usually a poor indication of scarcity. "Low" mintage dates like 55(D) quarters and halves were hoarded as were many others. So though the mintage is "low", the coins are practically as common as dirt, except in the highest grades.</p><p><br /></p><p>I don't think much of many survival estimates published by Coin Facts, but I suspect they are at least directionally accurate for most 20th century US coins. In case you haven't noticed, their estimates exceed the combined NGC and PGCS population counts by a lopsided proportion.</p><p><br /></p><p>For most of these coins, I believe the actual supply dwarfs the number of collectors who do and will ever want it at the current price. The primary reason this isn't apparent in the price is because the supply available for sale at any point in time is a (miniscule) fraction of the total, many are hoarded and many more are owned by non-collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2420261, member: 78153"]There can be a big difference in scarcity between pre and post 1933 dates in US coinage because 1933 is (apparently) when album collecting became prevalent. You can read an article in the Coin Week archives written by Greg Reynolds who discusses the subject. For 20th century US coins, mintages are usually a poor indication of scarcity. "Low" mintage dates like 55(D) quarters and halves were hoarded as were many others. So though the mintage is "low", the coins are practically as common as dirt, except in the highest grades. I don't think much of many survival estimates published by Coin Facts, but I suspect they are at least directionally accurate for most 20th century US coins. In case you haven't noticed, their estimates exceed the combined NGC and PGCS population counts by a lopsided proportion. For most of these coins, I believe the actual supply dwarfs the number of collectors who do and will ever want it at the current price. The primary reason this isn't apparent in the price is because the supply available for sale at any point in time is a (miniscule) fraction of the total, many are hoarded and many more are owned by non-collectors.[/QUOTE]
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