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<p>[QUOTE=&quot;cladking, post: 90646, member: 68&quot;]This is a logical viewpoint but there is a different way of looking at this whole thing.&nbsp; </p><p><br /></p><p>Kennedys are really unique among moderns in that they have always had some popularity.&nbsp; Much of this popularity has not been in the hobby mainstream but among the general population.&nbsp; These &quot;collectors&quot; are simply not well-versed in caring for coins or in identifying which coins might have the most potential to future collectors.&nbsp; Many times these collectors do not even have a formal collection but a shoebox or accumulation of Kennedys.&nbsp; I doubt I need to tell you of the deplorable state of the Kennedys that one finds at the bank.&nbsp; Despite the fact that these never truly circulated and haven&#039;t circulated at all since the mid-&#039;80&#039;s the coins are in horrid condition.&nbsp; This is from the handling by &quot;collectors&quot; and their various trips through the counting machines after they are let go.&nbsp; </p><p><br /></p><p>Yes. There is an &quot;adequate&quot; supply of unc coins but this is only because the demand still lies largely outside of the mainstream.&nbsp; This supply tends to be BU rolls of coins and coins cut from mint sets but generally these coins are going to be unattractive specimens because these coins simply tend to be poorly made and marked up when they leave the mint.&nbsp; </p><p><br /></p><p>One can get some kind of idea of true demand by looking at the real supply.&nbsp; Pick a date like 1977 where there aren&#039;t any really nice coins in rolls and look at the mint sets where about 5% of the coins were issued as nice gems and a few of these as superb gems.&nbsp; Over the years there has been very little change in these percentages.&nbsp; Today most of these mint sets are gone forever due to the ravages of time but still nearly 5% of the survivors are nice gems!! (though many of these are tarnished now).&nbsp; This is even true for the bicentennial coin which was a one year type coin!!!</p><p><br /></p><p>While grass roots demand is growing and in danger of causing a real shortage in the raw coins in the near future there is still a growing demand by more advanced collectors in and out of the hobby for the scarce varieties and the scarcer high grade coins.&nbsp; Even among the MS-60 coins there are several dates which are much tougher than one would expect and would not be sufficient to supply a mass market were one to develop.&nbsp; It might also be noted that regular mintages of many dates were quite low by modern standards so even the beat up coins in circulation could be mostly consumed if the public became interested in these coins.[/QUOTE]</p><p><br /></p>

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