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Why is the First U.S. Commemorative not more Highly Desired by Collectors?
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<p>[QUOTE="ranchhand, post: 556133, member: 2622"]as others have said; supply and demand.</p><p>Mintages do not always = $</p><p>I have a proof half dime with a mintage of less than 250 or so... can't remember off the top of my head. worth a couple of hundred $. seems crazy, but thats the way it is. not a lot of demand.</p><p><br /></p><p>If you look at the early commemorative series as a whole, the columbian is as common as can be, and a great deal many of them ended up as pocket pieces or where tossed into circulation.</p><p><br /></p><p>I would argue that any NICE looking Columbian is worth picking up, even in the lower grades. Most of the high grade (64-67) Columbian I have seen had very limited eye appeal. in other words they where ugly. I am, sure a lot of them where picked up just to give someones registry a bump.</p><p><br /></p><p>It seems like the market may back me up; I have seen nicely toned, graded columbians in low unc (62 or so) go for multiples of their book value. Eye appeal can trump technical grades in the columbians IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="ranchhand, post: 556133, member: 2622"]as others have said; supply and demand. Mintages do not always = $ I have a proof half dime with a mintage of less than 250 or so... can't remember off the top of my head. worth a couple of hundred $. seems crazy, but thats the way it is. not a lot of demand. If you look at the early commemorative series as a whole, the columbian is as common as can be, and a great deal many of them ended up as pocket pieces or where tossed into circulation. I would argue that any NICE looking Columbian is worth picking up, even in the lower grades. Most of the high grade (64-67) Columbian I have seen had very limited eye appeal. in other words they where ugly. I am, sure a lot of them where picked up just to give someones registry a bump. It seems like the market may back me up; I have seen nicely toned, graded columbians in low unc (62 or so) go for multiples of their book value. Eye appeal can trump technical grades in the columbians IMO.[/QUOTE]
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