Posted 02/17/2012 09:46 am
For some reason more people saved the S mint coins rather than the D mint coins.
Sometimes when there is a large mintage, people think, no point in saving any, since there were so many minted. Hence why in the high grades they are worth a lot more, like in the above example.
Another one is the 1931-S cent. Many were saved, since they knew it was going to be a low mintage and the reason why you can get a high grade example at a lower price, as compared to others with a much higher mintage.
And another reason is about how they were released and when. Like some Morgan dollars were kept in $1000 bags for many years and were then sold to people by the bagful. Hence they never circulated and the price dropped dramatically once that happened.
Those types of examples might apply to the nickel too?
Sometimes when there is a large mintage, people think, no point in saving any, since there were so many minted. Hence why in the high grades they are worth a lot more, like in the above example.
Another one is the 1931-S cent. Many were saved, since they knew it was going to be a low mintage and the reason why you can get a high grade example at a lower price, as compared to others with a much higher mintage.
And another reason is about how they were released and when. Like some Morgan dollars were kept in $1000 bags for many years and were then sold to people by the bagful. Hence they never circulated and the price dropped dramatically once that happened.
Those types of examples might apply to the nickel too?
Edited by wquinn
02/17/2012 09:47 am
02/17/2012 09:47 am
