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I was looking up the varietys for the 1868 5 cent coin
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<p>[QUOTE="Paddy54, post: 3294195, member: 19250"]So coins values are based on what? Condition and mintages correct?</p><p>If you have a coin that has a low mintage, and the condition is rather good or better then yes correct the value increases due to how rare,and condition.</p><p>Again a great addition to your collection from a variety stand point. </p><p>1868 mintage was 28,817,000. </p><p>So take 10 % of that is 2,881,600 coins minted as your coin posted.</p><p>Then think about survival rate of the coins in general.... so for giggles lets say 50 %</p><p>Of all 1868 reverse hub 'll b still exist = 1,440,800 coins. </p><p>Which is only a guess ,but as a guide look at other mintages and see for an US coin most mintages are in the millions.... so 1.5 million is not a huge number.</p><p>Plus again the numbers I used are not the correct just a guide to better understand how rare your coin is...as if you take the total mintage of 28,817,000 and said 50 % still survived that's still 14 ,485,000 coins . Compare to the 1,440,800 reverse ll b .</p><p>Make sense?[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 3294195, member: 19250"]So coins values are based on what? Condition and mintages correct? If you have a coin that has a low mintage, and the condition is rather good or better then yes correct the value increases due to how rare,and condition. Again a great addition to your collection from a variety stand point. 1868 mintage was 28,817,000. So take 10 % of that is 2,881,600 coins minted as your coin posted. Then think about survival rate of the coins in general.... so for giggles lets say 50 % Of all 1868 reverse hub 'll b still exist = 1,440,800 coins. Which is only a guess ,but as a guide look at other mintages and see for an US coin most mintages are in the millions.... so 1.5 million is not a huge number. Plus again the numbers I used are not the correct just a guide to better understand how rare your coin is...as if you take the total mintage of 28,817,000 and said 50 % still survived that's still 14 ,485,000 coins . Compare to the 1,440,800 reverse ll b . Make sense?[/QUOTE]
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I was looking up the varietys for the 1868 5 cent coin
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