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<p>[QUOTE="cladking, post: 1329168, member: 68"]A lot of modern world coins simply aren't available anywhere at any price. Oh sure, once they suddenly go froma dollar or two to $500 you can find them but in the meantime they aren't available at all. The fact is most moderns weren't saved so they are quite scarce. So long as the offer is a dollar they aren't going up for sale. </p><p><br /></p><p>The 1975 10P is one such coin. Don't get me wrong this one isn't rare and I own a couple myself but it's one that isn't common and never will be. People never collected moderns till recently and now we're finding out just how tough a lot of them really are. Most are either extremely common or scarce. There aren't many tweeners like the coin in question. Most of the low mintage was melted many years ago to make refrigerators in Japan when the currency failed. What were left were mostly circulated coins and these have had very high attrition as they were used by children for play money or just dropped in the trash. Many went into poundage but the attrition here is very high as well. I'd be surprised if there are more than 50,000 of these in the entire world and most are worn. </p><p><br /></p><p>The potential demand is far higher and already the supply is being tested even at these low levels of demand. </p><p><br /></p><p>People saved new coins until the currencies began switching to base metal after WW II. Now it can be very tough finding even circulated examples of coins that were massively melted by the issuer.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1329168, member: 68"]A lot of modern world coins simply aren't available anywhere at any price. Oh sure, once they suddenly go froma dollar or two to $500 you can find them but in the meantime they aren't available at all. The fact is most moderns weren't saved so they are quite scarce. So long as the offer is a dollar they aren't going up for sale. The 1975 10P is one such coin. Don't get me wrong this one isn't rare and I own a couple myself but it's one that isn't common and never will be. People never collected moderns till recently and now we're finding out just how tough a lot of them really are. Most are either extremely common or scarce. There aren't many tweeners like the coin in question. Most of the low mintage was melted many years ago to make refrigerators in Japan when the currency failed. What were left were mostly circulated coins and these have had very high attrition as they were used by children for play money or just dropped in the trash. Many went into poundage but the attrition here is very high as well. I'd be surprised if there are more than 50,000 of these in the entire world and most are worn. The potential demand is far higher and already the supply is being tested even at these low levels of demand. People saved new coins until the currencies began switching to base metal after WW II. Now it can be very tough finding even circulated examples of coins that were massively melted by the issuer.[/QUOTE]
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