Posted 05/05/2019 8:29 pm
Quote:
1983 coins were the tough year to find in high grade, largely because it was a year where no uncirculated sets were made. It seems it was a poor quality strike year as well so there's lots of worn ones and the higher grades are scarce. Why is it, though, that 1983 cents are the only denomination not carrying a swift premium? The nickels, dimes, quarters and halves are astronomically high by comparison.
1983 coins were the tough year to find in high grade, largely because it was a year where no uncirculated sets were made. It seems it was a poor quality strike year as well so there's lots of worn ones and the higher grades are scarce. Why is it, though, that 1983 cents are the only denomination not carrying a swift premium? The nickels, dimes, quarters and halves are astronomically high by comparison.
I've always wondered this too.
I believe it's because so many millions of the cents were saved and there are very few collectors who realize what a tiny percentage of rolls will even have any chBU's. There just aren't many real collectors of any moderns and the few around can find a nice specimen (or think they can).
Funny thing is almost all the cents in privately packaged 1983 mint sets are spotty or otherwise unattractive.
I'm told roll searchers don't have that much trouble locating enough choice specimens for the weak demand. My guess is that these are scarcer in choice condition than most of the cents from the '30's but there's lots of demand for the older coins.
Time don't fly, it bounds and leaps.
Edited by cladking
05/05/2019 8:30 pm
05/05/2019 8:30 pm
