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Why are American coins so overated?
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<p>[QUOTE="dreamer94, post: 287295, member: 6449"]I agree. It has nothing to do with patriotism. After all, cheap coins have patriotic symbols too. The prices are high because there are more people who want them than there are coins to go around. There are 300,000,000 people in this country. Even if only 1% of the population collects coins, that would still be a lot of people to divide up some rare issues that might have mintages only in the 1,000's; even fewer in mint condition.[/QUOTE]</p><p><br /></p>
[QUOTE="dreamer94, post: 287295, member: 6449"]I agree. It has nothing to do with patriotism. After all, cheap coins have patriotic symbols too. The prices are high because there are more people who want them than there are coins to go around. There are 300,000,000 people in this country. Even if only 1% of the population collects coins, that would still be a lot of people to divide up some rare issues that might have mintages only in the 1,000's; even fewer in mint condition.[/QUOTE]
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Why are American coins so overated?
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