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<p>[QUOTE=&quot;cladking, post: 2346716, member: 68&quot;]The dealer simply didn&#039;t think of checking the Greysheet for the price since rolls at that time were so cheap.&nbsp; Even if he had checked finding a buyer was tough and the coins weren&#039;t worth all that much. </p><p>&nbsp;</p><p><br /></p><p>&nbsp;</p><p>Coins from 1977 mint sets were worth a substantial premium then as they are today.&nbsp; But getting this premium required tying up capital in acquiring large numbers of sets and building BU rolls.&nbsp; Then you had to find a buyer.&nbsp; It just isn&#039;t worth most dealer&#039;s time so they cut them up. </p><p>&nbsp;</p><p>People don&#039;t walk into a coin shop asking for 1977 quarters.&nbsp; Pick 20 coin shops at random and not one has ever had a buyer walk in for these.&nbsp; If they card one up for stock it will sell for 50c after a few years to someone who walked in for somnething else. </p><p>&nbsp;</p><p>Wholesalers will buy single rolls of coins from mint sets but when they advertise they&#039;re really looking for ten or twenty rolls or more. </p><p>&nbsp;</p><p>This is the main reason that miunt sets are so cheap; the lack of demand.&nbsp; There is a perception that the coins are all common and the mistaken belief that the sets are picked over.&nbsp; This and the fact most dealers just spend them causes the sets to be very cheap. </p><p>&nbsp;</p><p>&nbsp;</p><p><br /></p><p>&nbsp;</p><p>I&#039;ve talked to the wholesalers in the eastern part of the country.&nbsp; All of them are fine to do business with buying and selling.&nbsp; However it should be noted that some of these wholesalers do a huge amount of retail business and most collectors would be well advised to shop around before buying.&nbsp; If they do they won&#039;t be buying from them. </p><p>&nbsp;</p><p>If someone wants to collect moderns the best way is still to check the local dealer&#039;s stock of mint sets.&nbsp; Plan to pay a little extra to check them.&nbsp; Out of the money slabs is another good way to go now days.&nbsp; These are coins sent in or high grades that missed.&nbsp; These can often be acquired for less than the cost of slabbing and can be great values. </p><p>&nbsp;</p><p>I think a lot of the reason for the lack of demand for moderns is that most collectors feel they have forever to upgrade.&nbsp; Some bought complete sets at low prices and would like to get nicer specimens and BU&#039;s for every date but shopping for them is tough.&nbsp; It&#039;s not easy to find something like an attractive &#039;82-P BU for sale and then they are surprised by the price so they wait itead of acting.[/QUOTE]</p><p><br /></p>

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