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<p>[QUOTE="GDJMSP, post: 166297, member: 112"]Some may consider it rare based on mintage only, but that doesn't always equate to valuable. There are plenty of coins out there with a mintage of less than 50 that are barely worth more than their metal content. It is a common mistake for people to think that age and or a low mintage should make a coin valuable. Nothing could be further from the truth.</p><p><br /></p><p>Value is only based on one thing really - supply and demand. Take Morgan dollars for example - in a general sense they are as common as dirt when it comes right down to it. But they often sell for a hefty price in higher grades even though there may well be thousands of them graded the same. That's because there are a lot of people out there who want them, they are popular coins to collect. And that popularity creates demand and the demand creates value.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 166297, member: 112"]Some may consider it rare based on mintage only, but that doesn't always equate to valuable. There are plenty of coins out there with a mintage of less than 50 that are barely worth more than their metal content. It is a common mistake for people to think that age and or a low mintage should make a coin valuable. Nothing could be further from the truth. Value is only based on one thing really - supply and demand. Take Morgan dollars for example - in a general sense they are as common as dirt when it comes right down to it. But they often sell for a hefty price in higher grades even though there may well be thousands of them graded the same. That's because there are a lot of people out there who want them, they are popular coins to collect. And that popularity creates demand and the demand creates value.[/QUOTE]
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