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<p>[QUOTE=&quot;cladking, post: 1548099, member: 68&quot;]I&#039;ve said this many times but I believe the only reason most moderns are cheap is that there is no demand.&nbsp; No, I don&#039;t mean a VG 1966 quarter would be valuable if everyone wanted one because there are still about 300 million in circulation in this condition or better.&nbsp; But an unc 1969 quarter is far scarcer than a 1950-D nickel or a large cent as a type coin.&nbsp; An MS-65 or better quarter is scarcer than a 1916-D dime.&nbsp; The reason the coin is inexpensive is solely because there&#039;s less demand than for a &#039;16-D dime; much less.&nbsp; </p><p><br /></p><p>All over the world the modern base metal versions of coins are skyrocketing in price because people quit saving the coins when the silver was removed.&nbsp; They are often the same design but even though the mintages are far higher and the quality is lower they are worth much more than the older silver version.&nbsp; Many moderns made in huge numbers have rocketed up over $1000 because no one saved any of them and now a few collectors want them.&nbsp; </p><p><br /></p><p>This situation is nearly unprecedented that coins made in such large numbers are no longer available.&nbsp; Most of the coins were used for decades and then melted by the issuer to make consumer products like toasters.&nbsp; The few that escaped are generally well worn.&nbsp; The high grade examples tend to be coins carried home by tourists but these usually aren&#039;t Unc either and the attrition on them is very high.&nbsp; </p><p><br /></p><p>Try putting together an Unc collection of almost any regular issue modern and you&#039;ll discover the problems.&nbsp; Take a look at the Soviet coin thread on the world coins forum.&nbsp; Many of these post-1961 coins are nearly impossible to locate in unc and oftimes even the XF and VF prices can be high.&nbsp; The coins wore out and were then melted enmass leabving very few coins for collectors.&nbsp; In the US there are only a few who have been setting aside coins but ity was almost nobody in the USSR.&nbsp; Coin collecting was strongly discouraged by the Kremlin and people didn&#039;t need&nbsp; much discouragement to avoid USSR coinage in Russia.&nbsp; Now &quot;common&quot; coins have very high prices.[/QUOTE]</p><p><br /></p>

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