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<p>[QUOTE="cladking, post: 961984, member: 68"]Nice site!</p><p><br /></p><p>Some small countries with tiny mintages seem to attract much more interest than others. For instance predecimal Fijian coins tend to be fairly common in nice condition but still bring strong prices. The decimal coins tend to be scarce but there's no demand. Western Samoa gets no attention despite very low mintages. Great collectible countries like New Caledonia can be hit and miss with some popular and some not.</p><p><br /></p><p>People are starting to pay a lot more attention to some of the more desirable and low mintage moderns even when they were minted by the Franklin Mint. All their coins were very well done but they got a bad reputation since they tended to swamp demand. Well, now people are beginning to see some of these issues aren't all that common and some are quite scarce. A few decades of very high attrition doesn't hurt. </p><p><br /></p><p>No, don't look at mintage in a vacuum. The number of coins that were actually set aside for the future is by far more important. You also need to consider the attrition. A Bahamian proof set is only going to have about 1% attrition because the coins aren't going to be spent or tossed out in the garbage. </p><p><br /></p><p>Ultimately the pricing of collectibles is tied primarily to demand. You can't really predict demand but if you talk to collectors about their passion you'll hear the same themes playing over and over. It's about quality, and rarity, and historical importance. It's about artistic merit and things they used when and were common when they were children. It's about birth years and where they or their grandparents were born. </p><p><br /></p><p>Consider all these factors if you want to set coins aside. Better yet learn a series or a bunch of series and try to collect them. Until you actually do the foot work or scour the price lists you might never even notice things like the pre-1940 Icelandic coins are scarce in unc.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 961984, member: 68"]Nice site! Some small countries with tiny mintages seem to attract much more interest than others. For instance predecimal Fijian coins tend to be fairly common in nice condition but still bring strong prices. The decimal coins tend to be scarce but there's no demand. Western Samoa gets no attention despite very low mintages. Great collectible countries like New Caledonia can be hit and miss with some popular and some not. People are starting to pay a lot more attention to some of the more desirable and low mintage moderns even when they were minted by the Franklin Mint. All their coins were very well done but they got a bad reputation since they tended to swamp demand. Well, now people are beginning to see some of these issues aren't all that common and some are quite scarce. A few decades of very high attrition doesn't hurt. No, don't look at mintage in a vacuum. The number of coins that were actually set aside for the future is by far more important. You also need to consider the attrition. A Bahamian proof set is only going to have about 1% attrition because the coins aren't going to be spent or tossed out in the garbage. Ultimately the pricing of collectibles is tied primarily to demand. You can't really predict demand but if you talk to collectors about their passion you'll hear the same themes playing over and over. It's about quality, and rarity, and historical importance. It's about artistic merit and things they used when and were common when they were children. It's about birth years and where they or their grandparents were born. Consider all these factors if you want to set coins aside. Better yet learn a series or a bunch of series and try to collect them. Until you actually do the foot work or scour the price lists you might never even notice things like the pre-1940 Icelandic coins are scarce in unc.[/QUOTE]
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