Reply to Thread

Message:: [QUOTE="CamaroDMD, post: 581428, member: 5233"]Exactly, it's all supply and demand.  Since it was well known that the 1950-D was going to be a low mintage...people hoarded them thinking they will one day be valuable.  As a result of that demand, the prices quickly went up.  As time went a long and a lot of them were saved in high MS grade (because of hoarding) they ended up being common in MS and as a result they aren't worth much. Sometimes it does pay off though, but usually not.  In 1909, when the Lincoln cent came out people hoarded the first year a bit and a bunch of those coins were put away.  As it turned out, one of the first year issues (1909-S VDB) is pretty rare and valuable.  However, since quite a few were saved it is fairly easy to come buy in higher grades.  It is still very expensive but compare it to the 1914-D.  The 1914-D has more than 3x the mintage and is quite a bit cheaper in the lower grades.  But, as the grade increases it begins to out price the 1909-S VDB.  The reason is there are more 1909-S VDBs available in higher grades because people saved them when they were new.[/QUOTE]