1919c Newfoundland Large Cent Question

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Author	Replies: 5 / Views: 1,270
HoosierDaddy Pillar of the Community United States 1164 Posts	Posted 05/07/2013 2:03 pm With a mintage of only 300,000 coins, why are the prices so low on these? Doesn't 300,000 coins = rare? Thanks for any answers. Report this Post to the Staff

Bacchus2 Pillar of the Community United Kingdom 2921 Posts	Posted 05/07/2013 2:45 pm Different people have different takes on what rare means. Less than 50 examples known is just about called "rare" in the world of Roman Provisional coinage for example. That does not translate to high values however so "availability" must always be considered with "desirability". The worst place to look for a defination of rare is ebay listing descriptions :) My Papal States coin collection: https://diadumenian.com/Papal%20Sta...0States.html Medieval coins collection: https://diadumenian.com/Congressofp...0Europe.html Indian Rupee Collection: https://diadumenian.com/Congressofp...0Rupees.html Minor world Silver: https://diadumenian.com/Congressofp...20coins.html Report this Post to the Staff
HoosierDaddy Pillar of the Community United States 1164 Posts	Posted 05/07/2013 2:49 pm My apologies on my terminology. I just thought there was a certain mintage number that would give you that "rare" status. Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 05/07/2013 3:21 pm A much smaller pool of collectors corresponding to the lower mintages equals average prices. There are many Newfoundland coins with even lower mintages. 1946C 5c - 2,041; 1880 $2 - 2,500; 1872 $2 - 6,000; and 1885 10c - 8,000 are the lowest but about 80% are lower than 300,000 and only 3 are > 1 million! Report this Post to the Staff
Bacchus2 Pillar of the Community United Kingdom 2921 Posts	Posted 05/07/2013 3:37 pm It might be interesting to canvas what people consider rare to be. Not only for Canadian but all coins. I think something that appears on the market once every 5 years or so could be considered rare, more frequently.... scarce.... something that you can buy at anytime...common. but peoples opinions will vary a lot on this I think. My Papal States coin collection: https://diadumenian.com/Papal%20Sta...0States.html Medieval coins collection: https://diadumenian.com/Congressofp...0Europe.html Indian Rupee Collection: https://diadumenian.com/Congressofp...0Rupees.html Minor world Silver: https://diadumenian.com/Congressofp...20coins.html Report this Post to the Staff
54dollarcoin Valued Member Canada 475 Posts	Posted 05/07/2013 7:17 pm 300000 Newfy cents is very very common. Report this Post to the Staff
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