Reply to Thread

Message:: [QUOTE="cladking, post: 1839470, member: 68"]This statement is extremely misleading.  No doubt there were a few '54-G's still in circulation in this grade in the late-'90's before they were all melted down but the facts is that you'd have to  look at more than 500 1 mark coins just to find one of this date and when you found it there is a high chance that it was a cull and abn even even higher chance it was in much lower grade.  I doubt one in twenty of the date would have been in this grade.  Probably 60% of the mintage was already lost or destroyed even before the balance was melted.  No, this coin is hardly tough in VF but it is extremely tough in AU and higher and what they call "AU" is what the XF price in Krause really is. My understanding is that the XF price is high but nice examples bring good money even with light wear or other problems because they just haven't been available sine the early '70's and in those days no one saved any. The reason for the low price of VF's isn't that the world is awash in them.  The reason is that there is almost no demand even for Uncs and even less demand for VF's.  German moderns have had some demand for years now and the prices rocketed higher many years ago. But this demand still lacks much depth.[/QUOTE]