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 Replies: 12 / Views: 3,328 |
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Pillar of the Community
United States
594 Posts |
I was looking at my Lincoln Memorial set, and began to wonder what was low mintage. Then came the question, what is considered a low mintage for any modern coin?
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Pillar of the Community
United States
1081 Posts |
It's all relative. If there are 200 million cents produced each year, then one year only 90 million, that will be considered a low mintage. But it's also not really that low. It also depend on whether you're talking about business strikes, ASE, AGE proofs etc. The 2008w $5 AGE only has a mintage of about 12,000. Normal mintages may be 30-50,000. |
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Bedrock of the Community
United States
20753 Posts |
Difficult to answer. Our population of our country alone is now well over 300,000,000. Imagine if each one wanted a certain coin. Of course many are to young, to old, don't care, etc. but that would still leave about 50 people that want the same coin. Or is this my way of saying I have no idea.  I don't think anyone has the slightest idea of how many people collect coins. |
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Pillar of the Community
 United States
594 Posts |
I guess what I'm asking is; Is there a certain number that a mintage has to be, in order for it to be "low mintage"? Say, below 1,000,000. Or, is it just like the ten lowest mintages of that coin/series?  |
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Pillar of the Community
United States
2589 Posts |
One of the lowest mintages of a modern coin released into circulation was the 2000 p Sacagawea reverse of 1999 coin (or cheerios dollar as there called). There were less than 5500 minted and of those most were lost into circulation or are undiscovered. As such they bring massive premiums even in circulated condition.
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Valued Member
United States
384 Posts |
I feel like with modern coins the mintage is always so high that now a days it's all about errors and varieties and ultra high grades.
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Bedrock of the Community
Australia
21786 Posts |
My opinion only.
For the American market, low mintage for a circulation issue is around 20,000,000.
For a collector only issue, low mintage is around 10,000.
Based on my opinion of what these would be for the Australian market, which would be about 5% of the American ones.
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Pillar of the Community
United States
2589 Posts |
Some of the Platinum eagle issues have fairly small mintages, the $50 2005 w proof has a mintage of only 5,942!!
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Pillar of the Community
United States
917 Posts |
2009 nickels and dimes are, for the moment, modern key dates for those coins. Mintages for both coins equaled some figures from the 1950's.
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Pillar of the Community
United States
594 Posts |
Quote:
My opinion only.
For the American market, low mintage for a circulation issue is around 20,000,000.
For a collector only issue, low mintage is around 10,000.
Based on my opinion of what these would be for the Australian market, which would be about 5% of the American ones.
An answer. In that case then, there is no low mintages for the Lincoln Memorial cent.  But there is low est mintages of the Lincoln Memorial cent!  Edited by KenRingold
05/14/2011 11:57 pm
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Valued Member
United States
289 Posts |
Anything lower than normal
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Pillar of the Community
United States
594 Posts |
Quote:
Anything lower than normal What's normal? |
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Pillar of the Community
United States
3283 Posts |
I definately agree with David. For the memorial set I would have to say none are low mintage. The 50d nickel comes to mind as far as modern business strike coins. One of my favorites, the Kennedy half has a bunch of NIFC coins at around 2 million as well as the '87 BS coins. So I'm thinking around 2 million may be considered low for modern coins. Special sets (silver proofs etc.) are another thing all together. |
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Replies: 12 / Views: 3,328 |
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Posted 05/14/2011 7:54 pm
