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What do you consider "low mintage" for a US coin?
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<p>[QUOTE="World Colonial, post: 2474434, member: 78153"]The reason I made this distinction is because though the First Spouse series has a low mintage literally, it isn't particularly meaningful. I'd say it isn't meaningful at all.</p><p><br /></p><p>I cannot even begin to remember all of the topics on coin forums where some contributor seems to think there is some significance to low mintage coins like this series or any number of others.</p><p><br /></p><p>To make an apples-apples comparison, the most valid comparison is usually (if not always) the number of survivors in comparable quality, not the total mintage. I have used the series I collect as examples many times. They aren't widely collected but I'd say for the most part, anywhere from 95% to 99% of the surviving examples no one will ever want or even under the most optimistic of outcomes are never going be worth a price that makes any difference. Disproportionately, the quality is so low or they are damaged that almost no one considers them worth collecting.</p><p><br /></p><p>I can also name any number of (primarily) US coins with "low" or low mintages that aren't remotely scarce, there is little or even nothing significant in their (supposed) scarcity whatsoever and the existing probable or actual supply (vastly) outnumbers the collector base who will really want it in any timeframe which will matter to anyone reading my comments, especially at higher prices than today.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2474434, member: 78153"]The reason I made this distinction is because though the First Spouse series has a low mintage literally, it isn't particularly meaningful. I'd say it isn't meaningful at all. I cannot even begin to remember all of the topics on coin forums where some contributor seems to think there is some significance to low mintage coins like this series or any number of others. To make an apples-apples comparison, the most valid comparison is usually (if not always) the number of survivors in comparable quality, not the total mintage. I have used the series I collect as examples many times. They aren't widely collected but I'd say for the most part, anywhere from 95% to 99% of the surviving examples no one will ever want or even under the most optimistic of outcomes are never going be worth a price that makes any difference. Disproportionately, the quality is so low or they are damaged that almost no one considers them worth collecting. I can also name any number of (primarily) US coins with "low" or low mintages that aren't remotely scarce, there is little or even nothing significant in their (supposed) scarcity whatsoever and the existing probable or actual supply (vastly) outnumbers the collector base who will really want it in any timeframe which will matter to anyone reading my comments, especially at higher prices than today.[/QUOTE]
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What do you consider "low mintage" for a US coin?
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