Posted 08/30/2013 09:48 am
Bear in mind mintage is NOT a primary determiner of value.
What IS important is the number of surviving coins.
An example that makes the point (in this case in the extreme) is the 1933 double eagle.
There were 445,000 struck BUT there is only one legal to own (and about another 13 known, all at Ft. Knox).
Based on the mintage it should be worth about $3000 at retail.
Of course the one legal coin sold for $7+ million.
Like I said, an extreme example but it gets the point across.
What IS important is the number of surviving coins.
An example that makes the point (in this case in the extreme) is the 1933 double eagle.
There were 445,000 struck BUT there is only one legal to own (and about another 13 known, all at Ft. Knox).
Based on the mintage it should be worth about $3000 at retail.
Of course the one legal coin sold for $7+ million.
Like I said, an extreme example but it gets the point across.
