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Why is the First U.S. Commemorative not more Highly Desired by Collectors?
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<p>[QUOTE="Hobo, post: 555468, member: 11521"]Reread what Lehigh had to say.</p><p> </p><p>With similar mintages (1892 & 1893 Columbian Halves vs 1892 & 1893 Barber Halves Philly Mint) you must consider:</p><p> </p><p>The Columbian Halves were struck as collector coins. A large number were released into circulation when sales did not meet expectations but a large number were kept in uncirculated condition. Hence, there are large numbers of Columbian Halves in high uncirculated grades.</p><p> </p><p>Barber Halves were struck for circulation. A number of first-year issues (1892) were saved in uncirculated but most saw heavy circulation. (Many collectors did not like the design and did not collect Barber coins so relatively few choice pieces were saved.) Hence, there are small numbers of Barber Halves in high uncirculated grades.</p><p> </p><p>Price = <i>f</i> X Demand / Supply[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 555468, member: 11521"]Reread what Lehigh had to say. With similar mintages (1892 & 1893 Columbian Halves vs 1892 & 1893 Barber Halves Philly Mint) you must consider: The Columbian Halves were struck as collector coins. A large number were released into circulation when sales did not meet expectations but a large number were kept in uncirculated condition. Hence, there are large numbers of Columbian Halves in high uncirculated grades. Barber Halves were struck for circulation. A number of first-year issues (1892) were saved in uncirculated but most saw heavy circulation. (Many collectors did not like the design and did not collect Barber coins so relatively few choice pieces were saved.) Hence, there are small numbers of Barber Halves in high uncirculated grades. Price = [I]f[/I] X Demand / Supply[/QUOTE]
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