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Replies: 22 / Views: 5,675 |
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Pillar of the Community
United States
2233 Posts |
There are over 700 cases in Louisiana. Haven't seen any 2020 coins yet.
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Pillar of the Community
United States
1667 Posts |
Look. My opinion, and it's opinion only, is that this is much worse than 2009-2012 domestically and globally. This is more like 1918-1945 depending on how we as a country handle it and our economy as well as the global economy recovers.
I think as a coin collector you should continue your hobby and do whatever it is you'd like to do, and if it pan's out 10 or 30 years from now great for you. If it don't there isn't much lost money is money.
This is a difficut situation. It's not panic and should be taken very seriously. A lot of people are very likely going to die globally and it's very likely going to reoccur year after year like a flu does. We can argue if that's the case, of course I don't know the future, but it's likely. Uncertainty always results in a tightening. For this reason there will be a recession, maybe a depression, and this absolutely will affect mintage numbers, especially with the government dumping money to float the economy, that will be dollars, not coins. Coins are for great economies where change is frequent, not when they have to make money to keep it moving, so mintages should reduce.
Key dates? I'm not sure. Low mintages, yeah that looks very possible and a key date may appear, but a semi key is more likely.
I am concerned about this situation, but I can't ignore the possibilites with our hobby and it helps to take my mind off what I can't control or change. I say do your hobby as you like as I will too and we will see how it all works out once we are over this hump.
That said I do want to tell yall to stay safe, remain reasonable, and bless you all.
Edited by Big-Kingdom 03/22/2020 03:58 am
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Pillar of the Community
United States
1913 Posts |
Quote: it's very likely going to reoccur year after year like a flu does This is going to be very interesting to see. If it is seasonal, that means that the hotter weather itself is likely to be the biggest thing that works against its spread. Corona virus has not historically been significant on the annual scene like the flu. The reason the flu keeps coming back is that it's able to modify itself in order to beat our immunity. This new version will have to do the same in order to be back seasonally. It seems odd to me that a virus that has not historically been able to do that to a significant degree would suddenly be able to do so. I guess we'll see...
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Bedrock of the Community
 United States
12839 Posts |
Quote: it's very likely going to reoccur year after year like a flu does Possibly but there will be effective vaccinations in a year or two. The common seasonal flu is still an order of magnitude deadlier than this virus... for now.
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Valued Member
United States
170 Posts |
2021 would be more likely, albeit a small chance given the economical implications of the virus. But certainly not 2020 given than mintage began before 2020 started I'd assume.
Edited by river4449 03/22/2020 10:38 pm
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Bedrock of the Community
Australia
21788 Posts |
There may be many reasons why a particular type may be scarce or rare. I don't know, and most people won't have a good idea about scarcity until about 3 years later.
In the meantime, just collect about five nice examples of every type and denomination that comes your way from pocket change. After about five, you would have already formed some preliminary opinion about scarcity yourself.
After five, just spend whatever comes your way. Keep them for three years, and by then you will have a much better idea about scarcity. Keep what you think are scarce, and spend the rest.
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Pillar of the Community
5464 Posts |
Quote: Do You Think That 2020 Coins Will Become A Key Date? Yes, the 2020 W quarters.
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Pillar of the Community
United States
1913 Posts |
Quote: Yes, the 2020 W quarters. Versus the P, D and possibly S quarters I'd agree. However, since the mintage is the same, I can't see that the 2020-W would be any more of a key than the 2019-W quarters.
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Pillar of the Community
5464 Posts |
Quote: Versus the P, D and possibly S quarters I'd agree. However, since the mintage is the same, I can't see that the 2020-W would be any more of a key than the 2019-W quarters. I don't think so. The mintage is not the same. There are only 2M of each of the 2019 and 2020 series W quarters. 
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Pillar of the Community
United States
1913 Posts |
Quote: I don't think so. The mintage is not the same. There are only 2M of each of the 2019 and 2020 series W quarters. I think you misunderstood what I wrote. The mintage is certainly not the same as the P, D and S, so I can certainly see the 2020-W being considered a key date versus them. However, since the mintage of the 2019-W and 2020-W are the same (please correct me if I'm wrong), I don't see the 2020-W being any more key than the 2019-W.
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Pillar of the Community
5464 Posts |
Quote: I think you misunderstood what I wrote. The mintage is certainly not the same as the P, D and S, so I can certainly see the 2020-W being considered a key date versus them. However, since the mintage of the 2019-W and 2020-W are the same (please correct me if I'm wrong), I don't see the 2020-W being any more key than the 2019-W. I wasn't questioning whether the 20's would or wouldn't be more key then the 19's. They both (all 10 series) have the same mintage. I was just suggesting the 2020 W quarters "could" be key dates because of the low mintage.
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Bedrock of the Community
United States
17884 Posts |
Will 2020 coins be key dates. No. Due to coin shortages the mint is actually increasing production.
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Valued Member
United States
182 Posts |
Don't Forget the 2020 W nickels.
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Bedrock of the Community
United States
17884 Posts |
The idea that 2021 might be lower mintage may have some merit. If and when this all blows over everyone will be able to go out a dump all the change that has been accumulating. That may result in a surplus just like back in 2009.
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Moderator
 United States
188660 Posts |
Good point. 
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Replies: 22 / Views: 5,675 |
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