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<p>[QUOTE=&quot;GDJMSP, post: 12877, member: 112&quot;]Sometimes yes - sometimes no. The number of coins that survive today for any given denomination, date and mm is dependent on many things. Certainly, in the case of gold and silver coins, melting can have a significant impact. But what can also have a significant impact is the economic atmosphere of the contemporary time period.</p><p><br /></p><p>Hoarding by the general populace is a reason that many coins survive today. Only the coins were not hoarded because of collector interest - they were hoarded because they were gold and silver. It&#039;s been that way since the beginning of time. There have been many periods in the history of this nation that the general populace was convinced the govt. might go under. And during those times people hoarded gold &amp; silver.</p><p><br /></p><p>Silver dollars never really circulated - neither did gold coins. Silver dollars sat in bank vaults because nobody wanted them for the most part. Gold did the same for a different reason - it was used primarily to make up a bank&#039;s reserves.</p><p><br /></p><p>But there have always been collectors, and when it became known that a given coin had a low mintage collectors were quick to pounce upon it and remove these coins from circulation. Often in the very year the coin was issued. This was much more common with the lower denomination coins than dollars and gold - still it happened. This is why it is much easier to find certain coins in higher grades than it is in circulated condition.</p><p><br /></p><p>And for some of the older coins - changes in the value of gold and silver played a part also. If the relationship in the value of gold to silver changed - then people would either dump or hoard one or the other. </p><p><br /></p><p>So there are many things that paly a part in why some coins survive today while others do not. It just depends.[/QUOTE]</p><p><br /></p>

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