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 Replies: 6 / Views: 1,120 |
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Valued Member
United States
122 Posts |
I was going through some newly acquired coins & noticed that the 1883 w/o 'CENTS' is priced at less than the 1883 'CENTS' version. I have both, so no huge deal, but from what I see, the no-CENTS version had a mintage of 5.5 million while the 'CENTS' version had a mintage of 16 million. Shouldn't the Type 1 sell for more?
Thanks
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Pillar of the Community
United States
2540 Posts |
Yes, the Ty 1 should sell ofr more.
However, interesting sotry to follow:
At the time that they changed the design on the coin many individuals were aware of the impending change and the Ty 1 was greatly hoarded.
In fact as late as the early 1970's rolls were still available, and nice choice unc's were still available for as little as 45, sometimes less.
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Valued Member
 United States
122 Posts |
I've got a lot to learn.
Thanks
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Pillar of the Community
United States
2602 Posts |
It got hoarded not only because of the "No cents" error, but also because it was first coin type of a new series, which tends to get hoarded.
With many of the original rolls now long broken up, it might be possible to see an upward trend on that coin over time, but don't expect it to pass the with cents variety for a long time, if ever.
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Pillar of the Community
United States
1291 Posts |
In the same vein, a 1914-D Buffalo nickel will typically sell for a lot more than a 1914-S nickel in the same condition, and they actually made more of the S mint. I've never understood that one. |
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Pillar of the Community
United States
1291 Posts |
Oops. I said that backwards. They made MORE of the 1914-D, so one would think that it would be worth less than the 1914-S, but 1914-Ds are much more valuable, generally speaking.
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Pillar of the Community
United States
1415 Posts |
If ya really want to mess with your head, look at morgans. There are some in which 5 times as many were struck and still worth more!
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Replies: 6 / Views: 1,120 |
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Posted 12/01/2008 2:31 pm
