Hello And Mintage Question - Coin Community Forum

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Author	Replies: 8 / Views: 876
st3rling Valued Member United States 90 Posts	Posted 03/28/2008 4:36 pm Hello All! New to this awesome board an I'm learning a lot. Thanks for all the valuable and fun info. Here is a simple question that I'm sure everyone (except for me) can answer: Why are some coin's proof mintages higher than their uncirculated versions? Thanks for the help! Report this Post to the Staff

Amazon99 Pillar of the Community United States 2443 Posts	Posted 03/28/2008 4:41 pm What coin are you specifically talking about. I can't remember any US coin from the top of my head that had a high proof mintage than business strike mintage. Report this Post to the Staff
Amazon99 Pillar of the Community United States 2443 Posts	Posted 03/28/2008 4:43 pm Glancing through my RedBook, I did see that come modern commemoratives have a high proof mintage than the business strikes. The reason for this is because commemoratives are mainly made for collectors and a lot of collectors prefer proof coins than business strike coins. Report this Post to the Staff
jbuck Moderator United States 188130 Posts	Posted 03/28/2008 5:20 pm Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
littleboy Pillar of the Community United States 764 Posts	Posted 03/28/2008 5:32 pm when the demand for a coin in circulation is very low, sometimes the proof mintages are higher than the circulation mintages, as long as the demand for proofs by collectors remains high. this is especially true for obsolete denominations like 1/2 cent, 2 cent, 3 cent, and 20 cent. Report this Post to the Staff
Dockwalliper Valued Member United States 342 Posts	Posted 03/28/2008 5:33 pm These are not business strikes. Most commerative coins are struck in proof and UNC. The Bald Eagle $1 for example has a max. mintage of 500,000. The mint fills the orders until they reach the max.(sometimes they don't hit the max.) The coins are minted to follow the demand. So far collectors are willing to pay a bit more for the proof (146,785) than the UNC.(60,080) And yes, sometimes the UNC. version ends up being worth more due to the lower mintage. Report this Post to the Staff
st3rling Valued Member United States 90 Posts	Posted 03/28/2008 6:37 pm Ah ha! Got it. I was inquiring about the 1986 Statue of Liberty Silver Dollar. So its because of its commemorative status. Hmm. So maybe its better to get the UNC then, huh? Not that one is going to be drastically worth more than the other. Guess its just more of a challenge just to get the lower mintage one as well. I'm a super newb at coin collecting but I'm having lots of fun already. Mainly collecting silver stuff since its my personal (and budgetary) version of gold lol. Thanks again all. Report this Post to the Staff
Dockwalliper Valued Member United States 342 Posts	Posted 03/28/2008 10:23 pm Welcome to the forum and the hobby. Report this Post to the Staff
st3rling Valued Member United States 90 Posts	Posted 04/02/2008 2:33 pm Thanks for the replies and the warm welcome. Having lots of fun here. Whoa, new thread section! Hmm... Edited by st3rling 04/02/2008 2:34 pm Report this Post to the Staff
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