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<p>[QUOTE="GDJMSP, post: 188260, member: 112"]Too many people make the same mistake when thinking of mintage numbers and how they relate to whether or not a coin is valuable. Quite often mintage has very little to do with it. </p><p><br /></p><p>Take Morgan dollars for example - when it comes right down to it, they are one of the single most common coins there is. But yet people will pay outrageous prices for them. Why ? Because they like them. The same is true of Lincoln cents, Indian head cents, Mercury dimes, Jefferson nickels etc. All of these coins are easy to find, even the '16-D and '09-S VDB. They're not tough, not even close. But <u>everybody</u> wants one ! And to get one they have to pay thru the nose.</p><p><br /></p><p>There are lots and lots of coins out there that <u>are</u> tough to find. But yet they bring fractions of the prices the popular coins bring, they always have and they always will. Quite simply because most people just don't like them. </p><p><br /></p><p>But there is another thing as well, in order for a coin to be popular and bring high prices - there has to be a lot of them around, they have to be easy to find. Sound crazy ? It isn't, it's as true as the sun comin up in the mornin. Ya see, if there are only a few then everybody can't have one, and if everybody can't have one then they don't want them. It's called making a market. There has to be enough of a given coin around to make a market for that coin. If there isn't - then the market can't be made. </p><p><br /></p><p>And that's why some coins just sit and languish in the price cellar.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 188260, member: 112"]Too many people make the same mistake when thinking of mintage numbers and how they relate to whether or not a coin is valuable. Quite often mintage has very little to do with it. Take Morgan dollars for example - when it comes right down to it, they are one of the single most common coins there is. But yet people will pay outrageous prices for them. Why ? Because they like them. The same is true of Lincoln cents, Indian head cents, Mercury dimes, Jefferson nickels etc. All of these coins are easy to find, even the '16-D and '09-S VDB. They're not tough, not even close. But [U]everybody[/U] wants one ! And to get one they have to pay thru the nose. There are lots and lots of coins out there that [U]are[/U] tough to find. But yet they bring fractions of the prices the popular coins bring, they always have and they always will. Quite simply because most people just don't like them. But there is another thing as well, in order for a coin to be popular and bring high prices - there has to be a lot of them around, they have to be easy to find. Sound crazy ? It isn't, it's as true as the sun comin up in the mornin. Ya see, if there are only a few then everybody can't have one, and if everybody can't have one then they don't want them. It's called making a market. There has to be enough of a given coin around to make a market for that coin. If there isn't - then the market can't be made. And that's why some coins just sit and languish in the price cellar.[/QUOTE]
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