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<p>[QUOTE="Numiscent, post: 470713, member: 16300"]When considering the value of uncirculated wheat pennies, I think it comes down to the mindset curing the particular decades. Maybe collecting didn't have the same following back in twenties and earlier. Once you hit the '30s, uncirculated examples make a sudden, extreme drop in value. My guess is that is when people began hoarding them, and have continued to up until present. Take 1909 as an example of an exception. So many people saved them in uncirculated since they were a new design, and even to this day they can be bought uncirculated for only $20. The passing time has not made them harder to find. Once they are saved and eventually brought onto the market, they basically stay in the collector/dealer rotation of the market. I can't imagine an MS65 RD from the '70s ever being less common than they are now, at least in relation to the number of people who will want them.[/QUOTE]</p><p><br /></p>
[QUOTE="Numiscent, post: 470713, member: 16300"]When considering the value of uncirculated wheat pennies, I think it comes down to the mindset curing the particular decades. Maybe collecting didn't have the same following back in twenties and earlier. Once you hit the '30s, uncirculated examples make a sudden, extreme drop in value. My guess is that is when people began hoarding them, and have continued to up until present. Take 1909 as an example of an exception. So many people saved them in uncirculated since they were a new design, and even to this day they can be bought uncirculated for only $20. The passing time has not made them harder to find. Once they are saved and eventually brought onto the market, they basically stay in the collector/dealer rotation of the market. I can't imagine an MS65 RD from the '70s ever being less common than they are now, at least in relation to the number of people who will want them.[/QUOTE]
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