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<p>[QUOTE=&quot;cladking, post: 1478227, member: 68&quot;]First off coins are not produced in the trillions.&nbsp; It&#039;s only been in recent years that the combined total of all coins ever made on the face of the planet exceeded one trillion for the first time.&nbsp; It probably happened back around 2005 or so.&nbsp; </p><p><br /></p><p>More importantly is that it doesn&#039;t matter how many coins are produced, only how many are saved.&nbsp; In 1916 there were thousands of collectors in the country who collected moderns and would have set aside a &#039;16-D dime.&nbsp; Many would set aside extras since it was a very low mintage.&nbsp; Of course 10c was real money in those days and the low mintage might cramp&nbsp; someone&#039;s hoarding style if he couldn&#039;t find a nice shiny roll but the fact is people collected these coins.&nbsp; </p><p><br /></p><p>This is not so true of most of the moderns.&nbsp; A quarter was a lot of money in 1969 but there weren&#039;t thousands of collectors.&nbsp; There were almost no collectors and the few around were not paying any attention to quality.&nbsp; Neither was the mint.&nbsp; &#039;69 quarters look like junk, none were saved, and many of the few mint sets surviving have corroded coins in them now.&nbsp; There aren&#039;t lots of old clad collections that are going to be coming on the market in the future because there are almost no clad collectors.&nbsp; For every clad quarter collection that surfaces in the next few decades there will be dozens of mercury dime collections because people collect mercury dimes, not clads.&nbsp; </p><p><br /></p><p>It&#039;s certainly not that all the moderns are rare.&nbsp; Far from it.&nbsp; Most of the moderns simply exist in far smaller numbers than is assumed and the small supplies can not stand up to any significant demand.&nbsp; The prices aren&#039;t cheap because the coins are junk.&nbsp; They aren&#039;t cheap because they are common.&nbsp; They are cheap for a single reason only and that is that there is almost no demand.&nbsp; When the demand materializes you&#039;ll see far higher prrices and that is a fact.&nbsp; </p><p><br /></p><p>There&#039;s no certainty that the demand will ever show up but this is probably the ONLY period in history that collectors have ignored modern coins.&nbsp; If (when) there is a return to the mean then watch the prices go crazy.&nbsp; </p><p><br /></p><p>All over the world collectors are discovering that no one saved any of the modern coins and prices are soaring.&nbsp; The ONLY difference in the US is that there is still no demand.&nbsp; I&#039;d be surprised if this situation can persist a lot longer.&nbsp; It is an aberration.&nbsp; It&#039;s not natural for collectors to be&nbsp; appalled by collectibles.[/QUOTE]</p><p><br /></p>

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