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<p>[QUOTE="cladking, post: 88966, member: 68"]There's no question that these coins weren't saved. If you don't believe it go out and try to find an original BU roll of something like a 1969. I literally haven't seen one since 1969. You'll see these advertised on rare occasion but invariably they'll be coins taken from mint sets. If you search pocket change for them You'll find one coin in about 20 rolls but it will be an ugly example worn to VG. There will be a 25% chance that it will be heavily damaged. About one in a hundred will be a nice attractive VF or better but XF's are very rare and AU's have been statistically gone for decades. There were nearly two million mint sets made but these have been destroyed by the truckload over the years. In '79/ '80 the silver in this sets was worth far more than the set and many were dismantled/ melted. Throughout the '80's this set went for less than face value so dealers and collectors simply cut up the sets and spent the coins if they wanted to sell. Over the years many of these would have been destroyed by fires and floods had they not already met their demise in other ways. Probably 75% or more of these are already gone. </p><p><br /></p><p>The coins are ugly and people didn't like them so the coins circulated. But if you look you'll see that some examples aren't ugly and some that were ugly when they were made look better after they get a little wear on them. Still they weren't saved and people didn't make collections. You'll also see if you look at the surviving mint sets that many of these haven't actually survived. Most of them contain multiple coins with tarnish and corrosion (100% of '68 cents in mint sets have carbon spots on one or both sides). Even after you find some nice '69 quarters from the mint sets you'll see that very very few of them are attractive. Most examples have numerous contact marks and weak strikes. </p><p><br /></p><p>If one still believes that these coins are too common and too ugly to collect then he can try for the really hard coins. The varieties tend to be very rare in high grade because people didn't even look at these coins so they weren't found for years after issue and then there weren't any rolls to check because they weren't saved. There weren't even any collections to check because everyone was busy collecting something else or sitting out of the coin hobby because of the latest bust (like the collapse of the BU roll market in 1965). These coins went into circulation where they were lost and destroyed. Finding the survivors is tough because they comprise a tiny percentage of circulating coins and people STILL aren't looking. There are some very common varieties with mintages of a million or more which probably don't exist in unc and each year become rarer and rarer even in VF. </p><p><br /></p><p>Beauty is in the eye of the beholder and if you can't see beauty in even a nice gem '69 quarter then you'll probably never enjoy collecting these coins. But there is new generation of coin collectors coming along who are already collecting clad quarters with the various states on them. These collectors see beauty in their coins and just might see the beauty in an older clad as they become more advanced. There's no certainty that these coins will ever get the kind of demand the older coins do but this new generation of collectors is already making its presence felt throughout the hobby and there is already much more demand for nice old clad coins than there is supply. I'm still betting that this discrepancy grows as time goes by.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 88966, member: 68"]There's no question that these coins weren't saved. If you don't believe it go out and try to find an original BU roll of something like a 1969. I literally haven't seen one since 1969. You'll see these advertised on rare occasion but invariably they'll be coins taken from mint sets. If you search pocket change for them You'll find one coin in about 20 rolls but it will be an ugly example worn to VG. There will be a 25% chance that it will be heavily damaged. About one in a hundred will be a nice attractive VF or better but XF's are very rare and AU's have been statistically gone for decades. There were nearly two million mint sets made but these have been destroyed by the truckload over the years. In '79/ '80 the silver in this sets was worth far more than the set and many were dismantled/ melted. Throughout the '80's this set went for less than face value so dealers and collectors simply cut up the sets and spent the coins if they wanted to sell. Over the years many of these would have been destroyed by fires and floods had they not already met their demise in other ways. Probably 75% or more of these are already gone. The coins are ugly and people didn't like them so the coins circulated. But if you look you'll see that some examples aren't ugly and some that were ugly when they were made look better after they get a little wear on them. Still they weren't saved and people didn't make collections. You'll also see if you look at the surviving mint sets that many of these haven't actually survived. Most of them contain multiple coins with tarnish and corrosion (100% of '68 cents in mint sets have carbon spots on one or both sides). Even after you find some nice '69 quarters from the mint sets you'll see that very very few of them are attractive. Most examples have numerous contact marks and weak strikes. If one still believes that these coins are too common and too ugly to collect then he can try for the really hard coins. The varieties tend to be very rare in high grade because people didn't even look at these coins so they weren't found for years after issue and then there weren't any rolls to check because they weren't saved. There weren't even any collections to check because everyone was busy collecting something else or sitting out of the coin hobby because of the latest bust (like the collapse of the BU roll market in 1965). These coins went into circulation where they were lost and destroyed. Finding the survivors is tough because they comprise a tiny percentage of circulating coins and people STILL aren't looking. There are some very common varieties with mintages of a million or more which probably don't exist in unc and each year become rarer and rarer even in VF. Beauty is in the eye of the beholder and if you can't see beauty in even a nice gem '69 quarter then you'll probably never enjoy collecting these coins. But there is new generation of coin collectors coming along who are already collecting clad quarters with the various states on them. These collectors see beauty in their coins and just might see the beauty in an older clad as they become more advanced. There's no certainty that these coins will ever get the kind of demand the older coins do but this new generation of collectors is already making its presence felt throughout the hobby and there is already much more demand for nice old clad coins than there is supply. I'm still betting that this discrepancy grows as time goes by.[/QUOTE]
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