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From whence will moderns come?

cladkingcladking Posts: 28,637 ✭✭✭✭✭
There was an implied question in the "rate of flow" thread which was never answered.
If it's true that the mint sets are going to dry up in the near future, then where are the
coins for the denominational sets going to come from? While the mint sets have always
been most unappreciated and their passing will be mourned by few, they are the raw
material for building denominational sets. Without these there is virtually no supply of
some of these coins. Their passing should put pressure on the prices of MS-60 moderns
and this will put pressure on the values of the few intact sets.

Is anyone aware of any significant numbers of BU rolls of dimes, quarters, or any other of
the moderns? I've looked through lots of sets but have only bothered with the high grade
coins. Is this typical for the few doing it?

I ttt'ed the other thread for those who missed it and are interested.
Tempus fugit.

Comments

  • nwcsnwcs Posts: 13,386 ✭✭✭
    I remember reading an article in coinworld about how rare truly original mint rolls are (a similar situation to mint sets) from certain years. The market has not reflected the true scarcity of some of these items. The problem is, the market may never give the "proper" value to them either. For as long as the market does not reward preservationists of rolls and sets and original packaging there is no incentive to keep them. Scarcity doesn't necessarily lead to value.

    That said, I don't keep mint rolls (I break em up) but all my sets and packages are original. Like the SAEs, GAEs, sets, commemoratives.

    Neil
  • shirohniichanshirohniichan Posts: 4,992 ✭✭✭
    The Mint may stop selling mint sets? That's the first I've heard of it.

    Won't bags and rolls still be available from Federal Reserve Banks? If so, dealers may buy in bulk if it's worth their time. Coins are minted in hundreds of millions each year, so there will be no lack of supply.
    image
    Obscurum per obscurius
  • cladkingcladking Posts: 28,637 ✭✭✭✭✭
    I'm referring to MS-60's from previous years Shiro. The federal reserve rotates their
    stocks of coin so all old coin more than about 15 years old are circulated.
    Tempus fugit.
  • cladkingcladking Posts: 28,637 ✭✭✭✭✭
    ttt

    Any help?
    Tempus fugit.

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