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<p>[QUOTE=&quot;johnmilton, post: 3463346, member: 101855&quot;]A mintage of 191,368 might seem low in the context of coins that went into circulation, but it&#039;s quite high for an issue where the survival rate in high grade is huge. The main source of attrition for these coins comes from the fact that thousands of them are going to the melting pot. That’s right. Today a fair number of modern commemorative coins going to scrap which might improve the market for the survivors in the future.</p><p><br /></p><p>BUT don’t hold your breath. There are now so modern commemorative coins that collectors are getting “commemorative fatigue.” I’ve got it. I used to keep up with all of the new issues, and I’ve stopped doing it.</p><p><br /></p><p>Even the market for the “old” commemorative coins is in the doldrums and has been there for years. Back in the late 1980s the prices were many of the “old” (1892 – 1954) commemoratives were several times higher than they are now. Dealers marketed them as “rare” because of the “low mintages,” but the truth was you can’t compare the mintage of a commemorative with a 1916-D Mercury Dime. The dimes circulated; most of the commemoratives didn’t.[/QUOTE]</p><p><br /></p>

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