Why some coins worth more than others
Many times get asked the question why a particular currency value of a particular currency more than others. While assessing the coins is not accurate, there are three major factors weighing on the currency. There are also some other sobevaktors that we’ll explore in this article, as well.
We will start with the less important factor was the creation of value. Perhaps one of the most misunderstood elements of beginning collectors is the belief that an older coin, and more value. It is natural to think some collectibles have become worth more money as they became obsolete. It is true to some extent, but as you will discover in age a little, one coin is not a major determinant of the value of the currency. There are many coins only 30-40 years is worth much more than some coins for over 100 years. This is true in the same series. For example, the proportion of “Lincoln” 1939 deserves a bit more from 1919 S Lincoln cent in same row.
The next item for consideration the value of the currency is. All other things being equal, the two sides of the same coin, the same history and the same Mint will be worth more in the case of Ms (Mint State) than in the case of G4. This is true in all the coins, as well as all collections. The State to keep always the motorist of value, but again, this is within the same type of coins. The score is determined to escalate the price/value, although other factors, as we shall see.
The scarcity of work in fact master drive. Just like anything, there is less of something, probably will be the highest value. This is just common sense and easy to see when comparing the same denomination of the currency. For example, “Lincoln” 1939 used in the above example, the mintage of just over 15 million. Cent Lincoln in 1919 s has a mintage of almost 140 million. This is a huge difference. In this instance, somewhat older currency isn’t worth quite as much as his latest. When you select the scarcity, could look not only mintage of coin. You should also consider the survival rate. What is this? Well, it’s a productive exchange rate survived over time. For example, the law of Bateman 1918 melting 270 million “Morgan”. Silver dollars with mintages decent scarce now because of the huge amount has melted. It is estimated that 15-17 per cent of all “Morgan” produces now. Another good example is the “Buffalo nickel”. As most collectors know, “Buffalo nickel” with clear good dates are not common as one might think. There was little currency history of clothing, thus the term “Buffalo nickel datels”. Another great example is the 1883 liberty nickel. As when the new currency, and hoarded by the public and saved by collectors. In 1883, the first “nickel free” without the word “cents”. And produced 5.4 million of these coins in G4 it’s valued at $ 5.50. When I found out that many people were able to plate carrying gold coin, and pass it off as a $ 5.00, added mint the word “cents” of the currency. In 1883, produced more than 16 million of these coins, but this currency, with three times the Mint worth $ 13.50 if G4. For what? Collectors save 1883 the first pieces produced and put it away because it was a new currency, due to the belief that they had referred to. While the currency was revised, 1883 a little notice to the General collection and revised these coins went into circulation, and perhaps the survival rate is lower.
While all these factors can determine the value of the coin, is the biggest factor in determining the value of the currency simply collector demand. This is without a doubt the biggest factor in determining the value of the currency. Demand for key date Lincoln cents was always huge. This is because most collectors began collecting Lincoln cents. As an example, the 1909 S VDB, with mintage 484000 valued at $ 750 in the case of G4. 1879 “nickel shield” with very low mintage 29100 valued at 415 if G4. This despite the fact that his work is old and done a wider range and convertibility rate was certainly low compared with in 1909 S VDB. S VDB was sought by collectors in 1909 shortly after its release. Immediately recognized as panic because “VDB” initials that are removed from future coins. Survival of this currency is too high compare “nickel shield”.
And creating demand? Created by several factors and is driven by a somewhat rare. More collectors are entering the field, some key dates will continue to rise in value as demand increases. And some communities more than others. As previously mentioned, there are far more of a collector “cent Lincoln”, then there is the “nickel” University shield. Quarters of Washington increased because “the State quarter program”. Another factor in determining the currency demand for publications that highlight a particular currency. You can highlight work that may have increased in value over a period of time “coins” and now suddenly collectors take notice now everyone wants this particular currency of their own.
In review, factors in currency
1. age
2. requirement
3. the scarcity of
4. request
As always, in coin collecting, values, degrees, etc are not accurate. When buying coins for your collection, buy what you want, why you want. Investing in coins as an investment is difficult and very dangerous as you can change currency values quickly.
As always, happy collection
