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<p>[QUOTE="dougsmit, post: 650484, member: 19463"]I doubt any of you would pay extra for a worn 1904 O Morgan but some of you may remember at time before 1962 when the government released bags of them and turned a key date into a common in what was then called BU. I doubt many of the 1962 find were honestly worn so an F example could be expected to have once been worth several times what MS64 is today. Stamp collectors face a situation where 90 cent 1857 issues are easier to find uncancelled and some collectors would like to have one that did honest service in the mails. </p><p> </p><p>Coin collecting is a bit odd compared to other hobbies considering the attention spent on things that never really circulated as coins. Collectors pay a premium for silver replicas of CuNi coins or a mintmark that never circulated. Like it or not, a 'coin' that had to be smuggled out of the mint was not really a coin. That doen't mean I'd throw out a 1933 $20 or 1913 V nickel but I can't accept them as coins in the strict sense of the word. </p><p> </p><p>Did you know that there are Roman restrikes? The Emperor Trajan had a series of copies of older varieties prepared bearing a special reverse legend. These are very rare today and the chance that they ever circulated at face value seems slim. To the best of my knowledge, none were slabbed. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 650484, member: 19463"]I doubt any of you would pay extra for a worn 1904 O Morgan but some of you may remember at time before 1962 when the government released bags of them and turned a key date into a common in what was then called BU. I doubt many of the 1962 find were honestly worn so an F example could be expected to have once been worth several times what MS64 is today. Stamp collectors face a situation where 90 cent 1857 issues are easier to find uncancelled and some collectors would like to have one that did honest service in the mails. Coin collecting is a bit odd compared to other hobbies considering the attention spent on things that never really circulated as coins. Collectors pay a premium for silver replicas of CuNi coins or a mintmark that never circulated. Like it or not, a 'coin' that had to be smuggled out of the mint was not really a coin. That doen't mean I'd throw out a 1933 $20 or 1913 V nickel but I can't accept them as coins in the strict sense of the word. Did you know that there are Roman restrikes? The Emperor Trajan had a series of copies of older varieties prepared bearing a special reverse legend. These are very rare today and the chance that they ever circulated at face value seems slim. To the best of my knowledge, none were slabbed. ;)[/QUOTE]
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