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Business strikes are considerably rarer than proofs?
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<p>[QUOTE="cladking, post: 184474, member: 68"]Some of the moderns will have far more surprising numbers in the future. Take a coin like the '79-P Sm motto reverse quarter as an example. The regular mintage was 513 million. The sm motto was about 4 million. Mint sets 2 1/2 million and proofs 3 million. </p><p><br /></p><p>Many of the proof sets are still intact and most of the coins from the busted up sets are still pristine. About 2 out of 3 '79 proof quarters are as nice as the day they were made even if many are toned a little or a lot. Two thirds of the mint sets are probably gone and most of the quarters from them are now in circulation and some in collections. The regular mintage is pretty much gone!!! These coins were not saved in any meaningful way. 30% are actually lost permanently or destroyed and the others are in a mostly highly degraded condition. </p><p><br /></p><p>The small motto quarters? Just like the regular coins these too, are pretty much gone as far as pristine condition is concerned. There were a mere handful of wholesalers for BU rolls in those days and spot checks of all their stocks say that none of these coins were saved! Most were released in the Chicago area and none of these wholesalers are located in that area. </p><p><br /></p><p>If none of four million can survive in only 28 years then it's easy to see how only .1% of 400,000 might survive after more than a century. One of these days soon our coins are going to start being melted down and there will probably be very few circulated examples of many coins left either. </p><p><br /></p><p>Most eveything disappears at the rate of at least 1% annually except for big pyramids. </p><p><br /></p><p>This is the way of the world; when time isn't busy flying it's busy bounding and leaping.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 184474, member: 68"]Some of the moderns will have far more surprising numbers in the future. Take a coin like the '79-P Sm motto reverse quarter as an example. The regular mintage was 513 million. The sm motto was about 4 million. Mint sets 2 1/2 million and proofs 3 million. Many of the proof sets are still intact and most of the coins from the busted up sets are still pristine. About 2 out of 3 '79 proof quarters are as nice as the day they were made even if many are toned a little or a lot. Two thirds of the mint sets are probably gone and most of the quarters from them are now in circulation and some in collections. The regular mintage is pretty much gone!!! These coins were not saved in any meaningful way. 30% are actually lost permanently or destroyed and the others are in a mostly highly degraded condition. The small motto quarters? Just like the regular coins these too, are pretty much gone as far as pristine condition is concerned. There were a mere handful of wholesalers for BU rolls in those days and spot checks of all their stocks say that none of these coins were saved! Most were released in the Chicago area and none of these wholesalers are located in that area. If none of four million can survive in only 28 years then it's easy to see how only .1% of 400,000 might survive after more than a century. One of these days soon our coins are going to start being melted down and there will probably be very few circulated examples of many coins left either. Most eveything disappears at the rate of at least 1% annually except for big pyramids. This is the way of the world; when time isn't busy flying it's busy bounding and leaping.[/QUOTE]
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Business strikes are considerably rarer than proofs?
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