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<p>[QUOTE="johnmilton, post: 26001546, member: 101855"]It might not seem modern to you, but coins from 1959 and well before then were saved in quantity by coin dealers and collectors. Mint State pieces are available in large numbers.</p><p><br /></p><p>The only pieces that night bring significant prices are in certification holders with very high grades, like MS-68. Collectors who participate in the registries pay high prices for those “finest known examples” to be at the top of the list with the best registry collection.</p><p><br /></p><p>It’s a rarified market, and most of us don’t get hung up on it, especially with modern coins. It’s also hard to get coins like this into very high grade holders. The grading company, PCGS, is at the top of this market. It’s a combination of the fact that such superior coins are scarce, and, I think, the grading companies want to hold down the supply to keep the prices high.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26001546, member: 101855"]It might not seem modern to you, but coins from 1959 and well before then were saved in quantity by coin dealers and collectors. Mint State pieces are available in large numbers. The only pieces that night bring significant prices are in certification holders with very high grades, like MS-68. Collectors who participate in the registries pay high prices for those “finest known examples” to be at the top of the list with the best registry collection. It’s a rarified market, and most of us don’t get hung up on it, especially with modern coins. It’s also hard to get coins like this into very high grade holders. The grading company, PCGS, is at the top of this market. It’s a combination of the fact that such superior coins are scarce, and, I think, the grading companies want to hold down the supply to keep the prices high.[/QUOTE]
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