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Stupid Question (Capped Bust Halves)
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<p>[QUOTE="GDJMSP, post: 1407887, member: 112"]Yes, they were. Just open your Red Book and look at the mintage numbers. By 1806 mintages were approaching a million. After that mintages routinely surpassed a million.</p><p> </p><p><br /></p><p><br /></p><p><br /></p><p>No, they have always been out there. At the time they were minted half dollars were the primary coins used for bank reserves. Banks kept bags and bags of them all the time. People never liked dollar coins, and they never used them. So banks never used them either, they used halves instead. And because banks kept bags and bags of these coins, that made them available in later years. </p><p> </p><p><br /></p><p><br /></p><p>You have to remember slabbing has only been with us for 26 years now. But there were a whole lot of coins in collections prior to that. And as commented on already, not everybody likes slabs. There are lots and lots of old timers who don't. And halves were popular coins to collect.</p><p> </p><p><br /></p><p><br /></p><p><br /></p><p>Probably not, there's too many of them out there. They exist in huge numbers, and in higher grades. Even 10 years ago there were thousands and thousands of them slabbed AU and up. By now that number has greatly increased. I don't think people realize just how many of them there are because they have never taken the time to actually look. </p><p><br /></p><p>But the market prices for the coins sure shows how many there are and how common they are. Market prices are the way they are for a reason. Market prices tell you what there is a lot of, and what there is not a lot of. And when market prices are low, relatively speaking, they are not likely to change at any time in the near future.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1407887, member: 112"]Yes, they were. Just open your Red Book and look at the mintage numbers. By 1806 mintages were approaching a million. After that mintages routinely surpassed a million. No, they have always been out there. At the time they were minted half dollars were the primary coins used for bank reserves. Banks kept bags and bags of them all the time. People never liked dollar coins, and they never used them. So banks never used them either, they used halves instead. And because banks kept bags and bags of these coins, that made them available in later years. You have to remember slabbing has only been with us for 26 years now. But there were a whole lot of coins in collections prior to that. And as commented on already, not everybody likes slabs. There are lots and lots of old timers who don't. And halves were popular coins to collect. Probably not, there's too many of them out there. They exist in huge numbers, and in higher grades. Even 10 years ago there were thousands and thousands of them slabbed AU and up. By now that number has greatly increased. I don't think people realize just how many of them there are because they have never taken the time to actually look. But the market prices for the coins sure shows how many there are and how common they are. Market prices are the way they are for a reason. Market prices tell you what there is a lot of, and what there is not a lot of. And when market prices are low, relatively speaking, they are not likely to change at any time in the near future.[/QUOTE]
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