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<p>[QUOTE="cladking, post: 7323800, member: 68"]This strongly suggests that most of the high grade coins come from mint sets. There is a weak correlation between the incidence of nice mint set coin and nice circulation issues for moderns so nothing is certain. I have it on good authority, reports, and anecdotal evidence that some of the highest grade Ike do not come from mint sets. </p><p><br /></p><p>I could go into reasons I believe this exists but suffice to say Gems are where you find them and one of the biggest reasons there are so few moderns is that people didn't set them aside. Even the few that were initially set aside had a tendency to find their way to the bank over the intervening years because they had no value and there was no interest. Coin dealers told heirs to take them to the bank and frequently cut up mint sets to hand out as change or for deposit. Even though billions of coins were minted and millions of mint sets most of the coins are gone now and Gems had little more chance to survive than poorly made banged up junk. The only difference is that there were so very few Gem and so very much junk.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 7323800, member: 68"]This strongly suggests that most of the high grade coins come from mint sets. There is a weak correlation between the incidence of nice mint set coin and nice circulation issues for moderns so nothing is certain. I have it on good authority, reports, and anecdotal evidence that some of the highest grade Ike do not come from mint sets. I could go into reasons I believe this exists but suffice to say Gems are where you find them and one of the biggest reasons there are so few moderns is that people didn't set them aside. Even the few that were initially set aside had a tendency to find their way to the bank over the intervening years because they had no value and there was no interest. Coin dealers told heirs to take them to the bank and frequently cut up mint sets to hand out as change or for deposit. Even though billions of coins were minted and millions of mint sets most of the coins are gone now and Gems had little more chance to survive than poorly made banged up junk. The only difference is that there were so very few Gem and so very much junk.[/QUOTE]
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