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<p>[QUOTE="cladking, post: 2013944, member: 68"]I've always found this just incredible!</p><p><br /></p><p>More than 10% of 1970-S cents in mint sets are small dates so these coins are super common. Most collectors don't have much interest in varieties yet these coins sell for $50 each. A single common variety goes for $50!!! </p><p><br /></p><p>But Ikes that are regular issues and represent only one coin out of a hundred have just languished in the mint sets for decades. Dealers still buy nice Gem Ikes and sell them in the set for a dollar or two!!! There's just no demand for these coins so even though there are few mint sets left and only 1% of the coins are Gem the sets can still be found for less than face value in quantity. </p><p><br /></p><p>I think this thread highlights exactly why this situation exists; it's not merely that collectors and dealers lack interest in moderns but that they actively dislike them. Can you imagine what these would sell for if there was as much interest in these as older US coins!?![/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2013944, member: 68"]I've always found this just incredible! More than 10% of 1970-S cents in mint sets are small dates so these coins are super common. Most collectors don't have much interest in varieties yet these coins sell for $50 each. A single common variety goes for $50!!! But Ikes that are regular issues and represent only one coin out of a hundred have just languished in the mint sets for decades. Dealers still buy nice Gem Ikes and sell them in the set for a dollar or two!!! There's just no demand for these coins so even though there are few mint sets left and only 1% of the coins are Gem the sets can still be found for less than face value in quantity. I think this thread highlights exactly why this situation exists; it's not merely that collectors and dealers lack interest in moderns but that they actively dislike them. Can you imagine what these would sell for if there was as much interest in these as older US coins!?![/QUOTE]
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