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<p>[QUOTE="GDJMSP, post: 660305, member: 112"]Easy answer - because age has absolutely nothing to do with determining a coin's value. That the older something is makes it more valuable is a false assumption that a whole lot of people make.</p><p><br /></p><p>When it comes down to the bottom line there is only one thing that makes a coin valuable - demand. And even that is the wrong word, the word we should use is popularity.</p><p><br /></p><p>Now somebody is going to say no, supply and demand is what makes coins valuable. But that isn't true. There are plenty of coins out there where the entire mintage of the coin is under 50 - and these coins sell for bullion content, sometimes less than bullion content.</p><p><br /></p><p>Why ? The supply is extremely limited so why aren't they more expensive ? It's because of demand - nobody wants them.</p><p><br /></p><p>Even among US coins issued for use in circulation there are plenty of examples of coins having the lowest mintage and the lowest survivor rate that sell for less than other coins of the same series. This is because these coins are less well known, they are less popular - there is a smaller demand.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 660305, member: 112"]Easy answer - because age has absolutely nothing to do with determining a coin's value. That the older something is makes it more valuable is a false assumption that a whole lot of people make. When it comes down to the bottom line there is only one thing that makes a coin valuable - demand. And even that is the wrong word, the word we should use is popularity. Now somebody is going to say no, supply and demand is what makes coins valuable. But that isn't true. There are plenty of coins out there where the entire mintage of the coin is under 50 - and these coins sell for bullion content, sometimes less than bullion content. Why ? The supply is extremely limited so why aren't they more expensive ? It's because of demand - nobody wants them. Even among US coins issued for use in circulation there are plenty of examples of coins having the lowest mintage and the lowest survivor rate that sell for less than other coins of the same series. This is because these coins are less well known, they are less popular - there is a smaller demand.[/QUOTE]
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