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<p>[QUOTE="Conder101, post: 763013, member: 66"]Why are they hare to find even though they are common? Well let's just look at the 98 WAM. Since it is common we will assume the die ran for its entire life and was not retired early. That would mean a mintage of roughly one million coins. Now if you could somehow gather together all of just the 1998 P mint cents and mixed them in an then searched them for the WAM, you would expect to find roughly one coin per bag of 5,000 cents.</p><p><br /></p><p>Now say we mix that million into ALL of the 1998 cents and then searched. You would then expect to find one coin in a little more than two bags of cents.</p><p><br /></p><p>But there have been eleven years of cent production since 1998. If we mix that million coins into that amount you would then expect to find one out of every 23 bags or $1150 worth. But it gets even worse than that since there are also the cents struck before 1998 to consider as well. But you can see that searching $500 worth it is not too surprising that you haven't found one yet. And remember this is for one of the COMMON ones.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 763013, member: 66"]Why are they hare to find even though they are common? Well let's just look at the 98 WAM. Since it is common we will assume the die ran for its entire life and was not retired early. That would mean a mintage of roughly one million coins. Now if you could somehow gather together all of just the 1998 P mint cents and mixed them in an then searched them for the WAM, you would expect to find roughly one coin per bag of 5,000 cents. Now say we mix that million into ALL of the 1998 cents and then searched. You would then expect to find one coin in a little more than two bags of cents. But there have been eleven years of cent production since 1998. If we mix that million coins into that amount you would then expect to find one out of every 23 bags or $1150 worth. But it gets even worse than that since there are also the cents struck before 1998 to consider as well. But you can see that searching $500 worth it is not too surprising that you haven't found one yet. And remember this is for one of the COMMON ones.[/QUOTE]
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