Message:

<p>[QUOTE=&quot;beef1020, post: 986172, member: 24544&quot;]The price is determined by supply and demand, so in general a low mintage is a necessary but not sufficient condition for a coin to have a premium over face/scrape.&nbsp; Take the 1916 D dime versus the 1927 S quarter, both with mintage around ~ 300,000 and from around the same time period, but they differ in price by an order of magnitude.&nbsp; </p><p><br /></p><p>People say the current coins with large mintages will never have a premium.&nbsp; They may be incorrect, as demand may get large enough, but how many coin collectors would there have to be in order for a modern coin with a mintage of 77 million to have a premium?&nbsp; And if there were ever that many coin collectors, think about how much higher the truly rare coins would be worth.&nbsp; In summary, if you are putting away modern common coins in the hope of getting a premium in the future you would be missing out on much bigger gains on rare coins if the scenario ever played out.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in