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<p>[QUOTE="National dealer, post: 21023, member: 487"]mmarrotta makes a great point. Too often collectors follow the trends blazed by others. Morgan Dollars, Lincoln Cents, and Walking Liberty Halves make up the mainstream of the market today. </p><p>One area of the "Bargain" market that I did not touch on is the scarce mintage or surviving rate. In earlier posts I made referrence to several coins with mintages of a few thousand pieces selling for common prices. </p><p><br /></p><p>Here are a few examples:</p><p><br /></p><p>1873 Proof 3 Cent Silver Mintage 600 Price $1000</p><p>1872 3 Cent Silver Mintage 2900 Price $600 in MS </p><p>1878 3 Cent Nickel Mintage 2350 Price $600</p><p>1873 2 Cent Mintage 1100 Price $2000 in MS or PR</p><p><br /></p><p>I could go on and on with examples being overlooked. Some Civil War and HTT have surviving examples in less that a dozen selling for a few hundred dollars, and I did not even get into the ancient or foriegn market. </p><p><br /></p><p>Now the lowest mintage of a Morgan Dollar is 12,880 and this issue the 1895 Proof sellls for a minimum of $15,500 in VG and in PR-60 topping the scales at $35,000</p><p><br /></p><p>So the bargains are all in what you know.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 21023, member: 487"]mmarrotta makes a great point. Too often collectors follow the trends blazed by others. Morgan Dollars, Lincoln Cents, and Walking Liberty Halves make up the mainstream of the market today. One area of the "Bargain" market that I did not touch on is the scarce mintage or surviving rate. In earlier posts I made referrence to several coins with mintages of a few thousand pieces selling for common prices. Here are a few examples: 1873 Proof 3 Cent Silver Mintage 600 Price $1000 1872 3 Cent Silver Mintage 2900 Price $600 in MS 1878 3 Cent Nickel Mintage 2350 Price $600 1873 2 Cent Mintage 1100 Price $2000 in MS or PR I could go on and on with examples being overlooked. Some Civil War and HTT have surviving examples in less that a dozen selling for a few hundred dollars, and I did not even get into the ancient or foriegn market. Now the lowest mintage of a Morgan Dollar is 12,880 and this issue the 1895 Proof sellls for a minimum of $15,500 in VG and in PR-60 topping the scales at $35,000 So the bargains are all in what you know.[/QUOTE]
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