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<p>[QUOTE="mark_h, post: 708805, member: 3726"]Very interesting challenge. What does not make a coin rare to me is price - I do not consider certain coins rare like 1909 anything, 1877 IHC's, etc. It seems like everybody has them - maybe not always, but they can be found. The coins I consider rare on the 1877 to 1881 shield nickels. In 1877 and 1878 only proof nickels were minted. I have read several reasons from the economic slump to older silver coins being used in circulation again. In either case only about 510 Proof Nickels were minted in 1877 and 2350 in 1878. While not exactly cheap both of these coins are available at reasonable prices - in my opinion - especially the 1878. In 1879,1880 and 1881 there were between 3 - 4000 proofs minted - you can see the red book for mintages. In 1880 there were only 16000 business strike nickels. Actually I read in one place the 1880 is the key date. I believe collectors conserved and kept the proof nickels for 1880 and these also can be found(in my opinion) at reasonable prices. I was lucky to find a 1879 business strike nickel and it had a mintage around 25k. To me mintage and availability make a coin rare - nothing to do with price which is driven by demand. I can find lots of other coins like 3 cent pieces with a low mintage that qualifies, but I have not really priced them so I do not know about prices. I think some people will not collect a series because of these low mintages, which keeps the demand and prices down. So to the original request I would say that 1879 and 1880 business strikes qualify as rare coins. I can't really think of anything past 1900, with the exception of the 1916 SLQ(something I currently can not afford), that I would consider rare(not without getting into varieties). Just my humble opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 708805, member: 3726"]Very interesting challenge. What does not make a coin rare to me is price - I do not consider certain coins rare like 1909 anything, 1877 IHC's, etc. It seems like everybody has them - maybe not always, but they can be found. The coins I consider rare on the 1877 to 1881 shield nickels. In 1877 and 1878 only proof nickels were minted. I have read several reasons from the economic slump to older silver coins being used in circulation again. In either case only about 510 Proof Nickels were minted in 1877 and 2350 in 1878. While not exactly cheap both of these coins are available at reasonable prices - in my opinion - especially the 1878. In 1879,1880 and 1881 there were between 3 - 4000 proofs minted - you can see the red book for mintages. In 1880 there were only 16000 business strike nickels. Actually I read in one place the 1880 is the key date. I believe collectors conserved and kept the proof nickels for 1880 and these also can be found(in my opinion) at reasonable prices. I was lucky to find a 1879 business strike nickel and it had a mintage around 25k. To me mintage and availability make a coin rare - nothing to do with price which is driven by demand. I can find lots of other coins like 3 cent pieces with a low mintage that qualifies, but I have not really priced them so I do not know about prices. I think some people will not collect a series because of these low mintages, which keeps the demand and prices down. So to the original request I would say that 1879 and 1880 business strikes qualify as rare coins. I can't really think of anything past 1900, with the exception of the 1916 SLQ(something I currently can not afford), that I would consider rare(not without getting into varieties). Just my humble opinion.[/QUOTE]
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