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<p>[QUOTE="Paul M., post: 3664453, member: 73165"]That’s partially because modern collectors have the advantage of actually <i>having</i> mintage figures available, in most cases. One notable case where mintage information is conspicuously absent is tokens, such as Civil War tokens. Tokens tend not to attract nearly the interest of coins, so you can pick up a CWT that would be a true rarity in US coinage, going by survival numbers, but pay anywhere from a couple hundred to a thousand dollars. And, even the most common CWT has a mintage far below that of a 1916 Standing Liberty quarter, which retails for thousands of dollars in very low grade. You can easily spend as little as $25 on a mid grade, common CWT.</p><p><br /></p><p>There are even a lot of cases where the rarity to price ratio is out of whack within US coins. Take, for instance, the aforementioned 1916 SLQ vs any seated dollar with comparable mintage or survival estimates. You’ll find that, head to head, comparing coins of equal grade, the seated dollar will probably run you 1/10 to 1/2 what the SLQ would, up to certain point (many seated dollars are rare to nonexistent in gem grades, for instance).[/QUOTE]</p><p><br /></p>
[QUOTE="Paul M., post: 3664453, member: 73165"]That’s partially because modern collectors have the advantage of actually [I]having[/I] mintage figures available, in most cases. One notable case where mintage information is conspicuously absent is tokens, such as Civil War tokens. Tokens tend not to attract nearly the interest of coins, so you can pick up a CWT that would be a true rarity in US coinage, going by survival numbers, but pay anywhere from a couple hundred to a thousand dollars. And, even the most common CWT has a mintage far below that of a 1916 Standing Liberty quarter, which retails for thousands of dollars in very low grade. You can easily spend as little as $25 on a mid grade, common CWT. There are even a lot of cases where the rarity to price ratio is out of whack within US coins. Take, for instance, the aforementioned 1916 SLQ vs any seated dollar with comparable mintage or survival estimates. You’ll find that, head to head, comparing coins of equal grade, the seated dollar will probably run you 1/10 to 1/2 what the SLQ would, up to certain point (many seated dollars are rare to nonexistent in gem grades, for instance).[/QUOTE]
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