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Is it time to focus on clad coinage?
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<p>[QUOTE="19Lyds, post: 1257622, member: 15929"]Just to add a little kickback, given the low mintages of these coins I expect that the distribution of the coins was not readily available which accounts for so many being found in "well circulated" condition. Additionally, the term "coin dealer" might not have existed in 1916 since many folks dealt in coins but only a couple actually made it a full time profession which was their only source of income. 1916 was the first year of issue so I don't think it's unreasonable that those "in the know" did not try their hardest to gather some of these up.</p><p><br /></p><p>As for the 1924 prices, paying double for a 1916 quarter might have been considered extravagant at the time to the layman since 1916 was the First Year of issue AND the mintages were quite low compared to other coins.</p><p><br /></p><p>Additionally, the terms BU are very relative and still arguable even today as whats BU to one fellow is AU to someone else or even a slider to a third person.</p><p><br /></p><p>I'm with ya on the 09SVDB's though as these are what I consider "established collectibles" meaning that the coin well accepted within the coin collecting community that everybody knows and needs one of these regardless of "rarity". They simply are NOT RARE as much as they are a "gotta have".[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1257622, member: 15929"]Just to add a little kickback, given the low mintages of these coins I expect that the distribution of the coins was not readily available which accounts for so many being found in "well circulated" condition. Additionally, the term "coin dealer" might not have existed in 1916 since many folks dealt in coins but only a couple actually made it a full time profession which was their only source of income. 1916 was the first year of issue so I don't think it's unreasonable that those "in the know" did not try their hardest to gather some of these up. As for the 1924 prices, paying double for a 1916 quarter might have been considered extravagant at the time to the layman since 1916 was the First Year of issue AND the mintages were quite low compared to other coins. Additionally, the terms BU are very relative and still arguable even today as whats BU to one fellow is AU to someone else or even a slider to a third person. I'm with ya on the 09SVDB's though as these are what I consider "established collectibles" meaning that the coin well accepted within the coin collecting community that everybody knows and needs one of these regardless of "rarity". They simply are NOT RARE as much as they are a "gotta have".[/QUOTE]
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