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<p>[QUOTE="cladking, post: 1704364, member: 68"]Sure, but by the mid-60's all the dated buffalo nickels were gone except for a few culls of '26 to '38 dates. Most of the older buffs were in circulation but they were dateless. Even when I started in 1957 there were few dated buffs before 1926. 1926 was only 21 years old!!! Now a 1992 quarter is older than this. Speaking of quarters they were even worse with no '24 or earlier surviving. You could get a type I without a dte and it was 40 years old. The equivalent is a 1973 quarter. </p><p><br /></p><p>But the big point here isn't really about the age of the coins in circulation but their numismatic collectibility. Coins in those days were all heavily picked over. If a coin should show up one time in a thousand based on its mintage then it was desirable and missing from circulation. You simply couldn't find it even in 10,000 coins. The '09-S VDB, for example, was about 95% removed from circulation as early as 1940!!! Finding it in 1957 wasn't really going to happen unless a collector inadvertantly spent one. It wasn't only the scarce dates missing but the high grades. Even common date coins were missing in nice condition. You really had to collect before the 1950's to find much that would be of value today.</p><p><br /></p><p>By comparison today's coins are not only older with 100 year old cents possible, but far more importantly today's coins aren't picked over. If you plot the grade of any date it will form a nice neat narrow bell curve. If you seek a coin it will appear relative its mintage. There are very scarce and valuable coins in circulation because very few people look. But most importantly some of the coins in circulation will probably have value in the future and are interesting due to their scarcity right now. You can find AU 1973 quarters even though they are scarce because most are worn. </p><p><br /></p><p>Circulating coins are a collector's paradise for the first time since the 1930's; since coin collecting became a mass market.</p><p><br /></p><p>Yeah, I have some nostalgia for the good ol' days as well and no one hated the new coins more than I did. But times change and what we really miss about those times wasn't how great the coins were but that everyone loved seeking the rare dates and the coins were attractive and were "ours". We identified with them.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1704364, member: 68"]Sure, but by the mid-60's all the dated buffalo nickels were gone except for a few culls of '26 to '38 dates. Most of the older buffs were in circulation but they were dateless. Even when I started in 1957 there were few dated buffs before 1926. 1926 was only 21 years old!!! Now a 1992 quarter is older than this. Speaking of quarters they were even worse with no '24 or earlier surviving. You could get a type I without a dte and it was 40 years old. The equivalent is a 1973 quarter. But the big point here isn't really about the age of the coins in circulation but their numismatic collectibility. Coins in those days were all heavily picked over. If a coin should show up one time in a thousand based on its mintage then it was desirable and missing from circulation. You simply couldn't find it even in 10,000 coins. The '09-S VDB, for example, was about 95% removed from circulation as early as 1940!!! Finding it in 1957 wasn't really going to happen unless a collector inadvertantly spent one. It wasn't only the scarce dates missing but the high grades. Even common date coins were missing in nice condition. You really had to collect before the 1950's to find much that would be of value today. By comparison today's coins are not only older with 100 year old cents possible, but far more importantly today's coins aren't picked over. If you plot the grade of any date it will form a nice neat narrow bell curve. If you seek a coin it will appear relative its mintage. There are very scarce and valuable coins in circulation because very few people look. But most importantly some of the coins in circulation will probably have value in the future and are interesting due to their scarcity right now. You can find AU 1973 quarters even though they are scarce because most are worn. Circulating coins are a collector's paradise for the first time since the 1930's; since coin collecting became a mass market. Yeah, I have some nostalgia for the good ol' days as well and no one hated the new coins more than I did. But times change and what we really miss about those times wasn't how great the coins were but that everyone loved seeking the rare dates and the coins were attractive and were "ours". We identified with them.[/QUOTE]
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