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<p>[QUOTE="cladking, post: 2560165, member: 68"]Certainly. Yes.</p><p> </p><p>The thing that has always surprised me is that even the scarcer moderns have never had the kind of demand to drive up the price. Most just don't understand that some dates of these just always look like garbage and they weren't saved so even the garbage specimens aren't around any longer. One of the most dramatic examples of this is the 1969-P quarter. The rolls were so horrendous and the interest so low that it's virtually impossible to find an original BU roll of these. People didn't set them aside because they were so ugly. You'll see rolls advertised but without exception these will be mint set rolls. The mint set coins tend to be ugly as well. About 8% of mint set coins are nice MS-63 or better. Well, they were nice MS-63 or better but over the years most of the sets have tarnished so now even among the few surviving sets it can be difficult to find choice specimens. It's not a case that the coins from the destroyed sets are still around either. Most of the coins from destroyed sets have been spent because they were ugly. Only a few percent (~1%) of the original mintage is on the market or readily available for sale and only about 3% of these have nice pristine Philly quarters. This implies a "ready supply" of only some 540 coins!!! You might say "collectors don't need a choice specimen because most will be satisfied with MS-60" but the reality is these coins are ugly so collectors may not be satisfied with them.</p><p> </p><p>Across the board these considerations apply to all the circulating moderns to a greater or lesser extent. There are lots of coins that are nearly as tough and if you desire Gems are even tougher. With the classics the coins were in collections and it was just a matter of time until another collection came on the market but there are no old time collections of moderns because there was a stigma attached to collecting them.</p><p> </p><p>It's also not a simple matter of plucking AU's or XF's from circulation. These coins were sometimes attractive but they are long gone, lost to the ravages of time and wear. Indeed, even finding nice attractive VF's can be very difficult.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2560165, member: 68"]Certainly. Yes. The thing that has always surprised me is that even the scarcer moderns have never had the kind of demand to drive up the price. Most just don't understand that some dates of these just always look like garbage and they weren't saved so even the garbage specimens aren't around any longer. One of the most dramatic examples of this is the 1969-P quarter. The rolls were so horrendous and the interest so low that it's virtually impossible to find an original BU roll of these. People didn't set them aside because they were so ugly. You'll see rolls advertised but without exception these will be mint set rolls. The mint set coins tend to be ugly as well. About 8% of mint set coins are nice MS-63 or better. Well, they were nice MS-63 or better but over the years most of the sets have tarnished so now even among the few surviving sets it can be difficult to find choice specimens. It's not a case that the coins from the destroyed sets are still around either. Most of the coins from destroyed sets have been spent because they were ugly. Only a few percent (~1%) of the original mintage is on the market or readily available for sale and only about 3% of these have nice pristine Philly quarters. This implies a "ready supply" of only some 540 coins!!! You might say "collectors don't need a choice specimen because most will be satisfied with MS-60" but the reality is these coins are ugly so collectors may not be satisfied with them. Across the board these considerations apply to all the circulating moderns to a greater or lesser extent. There are lots of coins that are nearly as tough and if you desire Gems are even tougher. With the classics the coins were in collections and it was just a matter of time until another collection came on the market but there are no old time collections of moderns because there was a stigma attached to collecting them. It's also not a simple matter of plucking AU's or XF's from circulation. These coins were sometimes attractive but they are long gone, lost to the ravages of time and wear. Indeed, even finding nice attractive VF's can be very difficult.[/QUOTE]
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