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<p>[QUOTE="Just Carl, post: 89339, member: 4552"]Yes there certainly is a lot of different items that go into the prices of a coin besides quantity minted. Naturally the 31S Cent is an example of where people hoarded a coin in mint condition when they reallized the low quantity minted so now on the market there is a flood of these for realtivily low prices. Other factors should be taken into account also such as the quantity of collectors for US Coins which is only an estimate and so are many of the prices. Then there is the popularity of certain coins. Example with most people, dealers, coin shows and shops that I know of is the poor desires for Jefferson Nickels. Also, it should be remebered that practically every kid that starts coin collecting begins with pennies because of thier cost and quantity available for young kids which actually increases the price by quantity of demand. Then there is the coin price error factor such as the numerous errors in this edition of the Red Book which tends to make some individuals not consider buying a coin because of the price differential between that book and other price sources. Coins that are cleaned, stained, artificially toned, excessively false toned and other alterations or tamperings, plated with other metals that are known to be previlant with certain coins tend to hold the prices down. Naturally ebay prices, dealers with high overhead, Individuals with no knowledge of value also tend to effect coin prices. </p><p>However, it's part of the hobby of coin collecting.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 89339, member: 4552"]Yes there certainly is a lot of different items that go into the prices of a coin besides quantity minted. Naturally the 31S Cent is an example of where people hoarded a coin in mint condition when they reallized the low quantity minted so now on the market there is a flood of these for realtivily low prices. Other factors should be taken into account also such as the quantity of collectors for US Coins which is only an estimate and so are many of the prices. Then there is the popularity of certain coins. Example with most people, dealers, coin shows and shops that I know of is the poor desires for Jefferson Nickels. Also, it should be remebered that practically every kid that starts coin collecting begins with pennies because of thier cost and quantity available for young kids which actually increases the price by quantity of demand. Then there is the coin price error factor such as the numerous errors in this edition of the Red Book which tends to make some individuals not consider buying a coin because of the price differential between that book and other price sources. Coins that are cleaned, stained, artificially toned, excessively false toned and other alterations or tamperings, plated with other metals that are known to be previlant with certain coins tend to hold the prices down. Naturally ebay prices, dealers with high overhead, Individuals with no knowledge of value also tend to effect coin prices. However, it's part of the hobby of coin collecting.[/QUOTE]
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