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<p>[QUOTE=&quot;cladking, post: 1142333, member: 68&quot;]With modern coins, and all collectibles really, pricing is all about demand.&nbsp; </p><p><br /></p><p>The difference here is that unlike nearly any other collectible the coins weren&#039;t saved relative to their mintages.&nbsp;&nbsp; Most of them were barely set aside at all in the year of issue and they&#039;d be much higher if there were substantial demand but the demand just isn&#039;t there.&nbsp; </p><p><br /></p><p>What this pricing is generally showing is what was saved and what wasn&#039;t.&nbsp; In other words some rolls and singles of the &#039;62 and &#039;64 issues were saved and have hit the market but not the &#039;63.&nbsp; XF&#039;s probably exist in more proportion to mintages so demand not being met by uncs is spilling over to XF.&nbsp; </p><p><br /></p><p>I doubt this is the case here but every date doesn&#039;t wear at exactly the same rate.&nbsp; There are subtle design and production changes from year to year that can cause one date to to last much longer in a given grade and cause another date to wear away.&nbsp; Take the &#039;84 US quarter for example.&nbsp; This coin has a very low rim so XF&#039;s disappeared long begore all the XF&#039;s of much older coins did.&nbsp; The &#039;72-D lasted longer than most in nice condition.&nbsp; </p><p><br /></p><p>It appears to this casual observer that almost all the Spanish moderns up to about 1966 went straight into circulation and started wearing away.&nbsp; A few were saved but atypically these were larger denominations rather than the workhorse 1P coins.&nbsp;&nbsp; Very few were set aside so about the only coins that survived in nice shape were coins carried out of the country by tourists.&nbsp; The vast majority of these are unsightly and worn but some survived in their condition at the time they were carried away.&nbsp; The best tend to be AU.&nbsp;&nbsp; In the late &#039;60&#039;s a few people in Spain must have started collections or saving the nicest coins from circulation.&nbsp; The new issues after this time are much easier to find unc.[/QUOTE]</p><p><br /></p>

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