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<p>[QUOTE=&quot;Ian, post: 75235, member: 283&quot;]There&#039;s a lot of factors at play when it comes down to market `value&#039;.</p><p><br /></p><p>Some of the factors inolved are (in no particular order):</p><p><br /></p><p>1. What metal is used for the coin. </p><p>2. When minted (and sometimes `why&#039; in the case of a commemorative coin)</p><p>3. How many coins were minted</p><p>4. How many still exist</p><p>5. What the `demand&#039; for the coin is</p><p>6. What the general condition of the coin in hand&nbsp; is.</p><p><br /></p><p>For example, you could have a nice silver coin of Alexander the Great, some 2,350 years old. It could be in remarkably good condition too. It might still not be worth any more than a few hundred dollars due to the vast quantities of these coins that were produced and have survived down to present day. Old does not necessarily&nbsp; = `valuable&#039;. On the other hand you might look at your pocket change one day and find a Lincoln cent dated 1909&nbsp; with an `S&#039; mint mark at the date and with the designers initials VDB on the reverse at the rim. Yes...chance WOULD be a fine thing!!, because if it was genuine, you would be looking at anything from $ a couple of hundred $&#039;s even in pretty beat up condition, up to $1,500+. </p><p><br /></p><p>Why so much for a humble `penny&#039;? Well, for a start there were only 484,000 minted at San Fransico that year for that type (Initials at rim). The demand for them is HIGH&nbsp; because people who collect cents don&#039;t want gaps in their collections, and there aren&#039;t enough of these surviving the years to go around. Hence strong demand = high value....even though it is only a small bronze coin.</p><p><br /></p><p>Your coins were produced in significant quantity and not that long ago in numissmatic terms. A large portion of the original mintage have survived which is more than enough to satisfy the weak collector demand for them. Hence value is fairly low.</p><p><br /></p><p>Hope that helps.</p><p><br /></p><p>Ian[/QUOTE]</p><p><br /></p>

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