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<p>[QUOTE="cladking, post: 1089069, member: 68"]You can see this effect in countries all over the world if you just look. The Danish silver Krones had mintages as low as 992,000 and have prices up to $55 in unc. The very first issue in aluminum bronze has a higher mintage and sells for $5000. That's nearly 100 times as much and the demand is probably much lower. The only conclusion is the silver coin is far more common. Even Krones minted as late as 1959 exceed the value of the silver issues. Even Krones with far higher mntages made as late as 1949 are worth more than the silver issues. </p><p><br /></p><p>This isn't just in Denmark and East Germany but it's all over the world. People didn't save junk coins. Everyone has lots of silver coins but people didn't save the base metal coins and now most of them have been melted or lost. </p><p><br /></p><p>Those which are scarcest tend to be higher denomination and from the 40's to '70's but they span the entire range right up through the 21st century. The tough ones tend to be cu/ ni and from countries with fairly vibrant economies. But they can be almost anything and even things like the old stainless Turkish coins are proving to be more difficult than I'd have thought. I was able to find some of these in mint sets so thought they were fairly common but thy aren't apparently. At least the Turks are bidding the prices up over $100 for some of these issues. These coins are fairly easy in VF or XF since they apparently weren't melted being only stainless steel but Uncs are scarce. They aren't going to get more common. I've been telling people for years not to expect all these to come ut of the woodwork like the older coins do when the price goes up because the moderns aren't in the woodwork. Moderns just weren't saved. And that is just as true in the US as it is in Mongolia or New Caledonia. </p><p><br /></p><p>Everyone can look at the piles of junk that come into a coin shop and marvel that there's a market for all of it. But it takes a collectors to poke through the piles and figure out what isn't there. It takes a collector filling holes to show that any coin is rare.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1089069, member: 68"]You can see this effect in countries all over the world if you just look. The Danish silver Krones had mintages as low as 992,000 and have prices up to $55 in unc. The very first issue in aluminum bronze has a higher mintage and sells for $5000. That's nearly 100 times as much and the demand is probably much lower. The only conclusion is the silver coin is far more common. Even Krones minted as late as 1959 exceed the value of the silver issues. Even Krones with far higher mntages made as late as 1949 are worth more than the silver issues. This isn't just in Denmark and East Germany but it's all over the world. People didn't save junk coins. Everyone has lots of silver coins but people didn't save the base metal coins and now most of them have been melted or lost. Those which are scarcest tend to be higher denomination and from the 40's to '70's but they span the entire range right up through the 21st century. The tough ones tend to be cu/ ni and from countries with fairly vibrant economies. But they can be almost anything and even things like the old stainless Turkish coins are proving to be more difficult than I'd have thought. I was able to find some of these in mint sets so thought they were fairly common but thy aren't apparently. At least the Turks are bidding the prices up over $100 for some of these issues. These coins are fairly easy in VF or XF since they apparently weren't melted being only stainless steel but Uncs are scarce. They aren't going to get more common. I've been telling people for years not to expect all these to come ut of the woodwork like the older coins do when the price goes up because the moderns aren't in the woodwork. Moderns just weren't saved. And that is just as true in the US as it is in Mongolia or New Caledonia. Everyone can look at the piles of junk that come into a coin shop and marvel that there's a market for all of it. But it takes a collectors to poke through the piles and figure out what isn't there. It takes a collector filling holes to show that any coin is rare.[/QUOTE]
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