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Has roll collecting (hoarding) ruined our hobby?
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<p>[QUOTE="CamaroDMD, post: 444462, member: 5233"]I think you are correct in the sense that hoarding has caused many coins to be common in high grades. A great example is the 1950-D Jefferson Nickel. That coin has the lowest mintage of all Jefferson's and yet it seems to be more common in MS grades than in circulated grades because it was hoarded in mass quantity when it was new.</p><p><br /></p><p>But, another factor about business strikes in the last 50 years is they have been minted in such a quantity that none of them are rare anyway. So, hoarding has helped but the quantity has been so great in production that many of them haven't circulated anyway.</p><p><br /></p><p>As far as collection non "flavor of the month" coins, I think you are right. One coin I was thinking about a while back was a AGE, I can't remember what year it was but one of them was minted in a smaller number than the others...it was a 1/2oz or maybe a 1/4oz. I'll have to look it up.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 444462, member: 5233"]I think you are correct in the sense that hoarding has caused many coins to be common in high grades. A great example is the 1950-D Jefferson Nickel. That coin has the lowest mintage of all Jefferson's and yet it seems to be more common in MS grades than in circulated grades because it was hoarded in mass quantity when it was new. But, another factor about business strikes in the last 50 years is they have been minted in such a quantity that none of them are rare anyway. So, hoarding has helped but the quantity has been so great in production that many of them haven't circulated anyway. As far as collection non "flavor of the month" coins, I think you are right. One coin I was thinking about a while back was a AGE, I can't remember what year it was but one of them was minted in a smaller number than the others...it was a 1/2oz or maybe a 1/4oz. I'll have to look it up.[/QUOTE]
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Has roll collecting (hoarding) ruined our hobby?
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