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<p>[QUOTE="cladking, post: 1089040, member: 68"]We're referring specifically to circulating coins. These are not medals or NCLT but actual coins that are used for decades up to three quarters of a century since moderns started in some countries as early as WWII. </p><p><br /></p><p> </p><p><br /></p><p>Base metal coins only lose their face value when they are demonetized. Those which are redeemed are destroyed making the survivors that much scarcer. </p><p><br /></p><p>Is a coin that was issued the year man landed on the moon or when the first home computer was sold really less "historic" than a coin that marks the year after the civil war? The great pyramid was already incredibly ancient when the very first coin was invented. Are you suggesting we should all be collecting something besides coins that have more "history" behind them? </p><p><br /></p><p><br /></p><p><br /></p><p>Most of the coins handled by the ECC are BU. They hold vast numbers of specific coins like the 1953 Yugoslavian aluminum coins but tht has no effect on the number of 1955 Chinese aluminum coins available. This coin lists for $10 but you can't find one. A few years ago an aluminum 1950-E 10 p from East Germany listed for less than $10 and you couldn't find one of them either. Now it lists for $1300. </p><p><br /></p><p>The Educational Coin Company has several hundred coins in vast quantities and almost all of these will prove either common or didtressingly common. But they're about the only source for some coins so don't expect all their coins to be common. These aren't the coins collectors will have trouble finding though. If you get out there and try to put sets together you'll find plenty of scarcities and rarities. And these rarities often sell for only a few dollars and explosive price increases might not make them any easier because they are far scarcer on the whole than the old coins. People saved old silver with low mintages and it just doesn't matter how many aluminum coins were made if no one bothered to save any. </p><p><br /></p><p>As far as being worthless most of the old silver coins of the world have been demonetized. You can't spend silver pesos and rubles any longer. You can't even put a 1964 quarter into a pop machine because it will be rejected. Face value doesn't have any effect on numismatic value and neither does metallic value.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1089040, member: 68"]We're referring specifically to circulating coins. These are not medals or NCLT but actual coins that are used for decades up to three quarters of a century since moderns started in some countries as early as WWII. Base metal coins only lose their face value when they are demonetized. Those which are redeemed are destroyed making the survivors that much scarcer. Is a coin that was issued the year man landed on the moon or when the first home computer was sold really less "historic" than a coin that marks the year after the civil war? The great pyramid was already incredibly ancient when the very first coin was invented. Are you suggesting we should all be collecting something besides coins that have more "history" behind them? Most of the coins handled by the ECC are BU. They hold vast numbers of specific coins like the 1953 Yugoslavian aluminum coins but tht has no effect on the number of 1955 Chinese aluminum coins available. This coin lists for $10 but you can't find one. A few years ago an aluminum 1950-E 10 p from East Germany listed for less than $10 and you couldn't find one of them either. Now it lists for $1300. The Educational Coin Company has several hundred coins in vast quantities and almost all of these will prove either common or didtressingly common. But they're about the only source for some coins so don't expect all their coins to be common. These aren't the coins collectors will have trouble finding though. If you get out there and try to put sets together you'll find plenty of scarcities and rarities. And these rarities often sell for only a few dollars and explosive price increases might not make them any easier because they are far scarcer on the whole than the old coins. People saved old silver with low mintages and it just doesn't matter how many aluminum coins were made if no one bothered to save any. As far as being worthless most of the old silver coins of the world have been demonetized. You can't spend silver pesos and rubles any longer. You can't even put a 1964 quarter into a pop machine because it will be rejected. Face value doesn't have any effect on numismatic value and neither does metallic value.[/QUOTE]
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