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Numeric Talleying Of "Known" Classic Coins?

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Tony Lewis's Avatar
United States
15 Posts
 Posted 03/28/2011  09:07 am Show Profile   Bookmark this topic Add Tony Lewis to your friends list Get a Link to this Message Number of Subscribers
As a brand new coin enthusiast, having recently discovered I had two old coins that might be rare or, at very least, of interest to those who love collecting coins. (I possess an 1849-O Silver Seated Liberty half dime, and an 1886 Silver Seated Liberty dime, which has so intrigued me because of a couple of minting errors, one of which is still to be explained.)So, I got to thinking, is there an organisation, or group who do nothing but keep tally of the known old classic coins in collections of those who care enough to let the coin loving world know what they possess?
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biokemist6's Avatar
United States
12437 Posts
 Posted 03/28/2011  11:33 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
In a word, no. The known population of most coins is a rough estimate at best. Some coins do have very well known provenance, such as the 1913 Liberty nickels and 1804 Dollars. The provenance of top coins is typically derived from decades of auction records and references in numismatic literature. The problem is that few coins warrant a treatment such as this and unless you are dealing with a high five or six figure coin, provenance is largely irrelevant. Another source of known population figures comes from the grading services. These can be a bit deceptive though as not all coins are ever submitted for grading while some coins are submitted multiple times in an attempt to get a grade bump that can result in a value increase of thousands of dollars.
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Tony Lewis's Avatar
United States
15 Posts
 Posted 03/28/2011  2:23 pm  Show Profile   Bookmark this reply Add Tony Lewis to your friends list Get a Link to this Reply
Thanks for the education. I hadn't thought of all the different reasons something like that wouldn't be practical.
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