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What determines a coin common?

Where do I get the numbers? Do you look at the mintage circulation? Is that the population?

www.coinfacts.com, gives you the mintage circulation. How do I determine if a coin is common or rare (other than price)
GottaGetCoins

Currently attempting the 12 Coin US Gold Type Set and the 20th Century US Major Coin Type Set. Completed a Franklin Half Proof Set.

Comments

  • Well with some dealers, the M.O. seems to be:
    If your selling it to them, it's common.
    If your buying it from them, it's rare. imageimage

    The "R" scale is sometimes published. I think Sheldon "invented".
    Today's mighty oak is just yesterday's nut that held its ground.
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    What counts is surviving population. The problem is, no one is sure of that number. There are also coins which are perceived to be rare, but aren't, such as the 1909-S VDB Lincoln, which was saved by collectors from the time they were first issued (there are about 800 graded MS65RD or higher by PCGS alone).
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • 291fifth291fifth Posts: 24,323 ✭✭✭✭✭
    Commoness is also relative to popularity. Many Morgan dollars that are considered scarce or rare would be considered common by the standards of most other series. It is just a matter of greater demand for Morgans.
    All glory is fleeting.

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