Name a coin that has a low mintage and a (relatively) large surviving population
RYK
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In my area, the 1854-D $3 fits the bill. There were 1120 struck and an estimated 120 survivors (roughly ten percent). On average, Dahlonega gold (and Charlotte gold) has a roughly 1% survival rate (across the various issues).
If I am not mistaken, the 1794 silver dollar has a similar surviving percentage with a mintage of only 1758 pieces.
Any other examples?
If I am not mistaken, the 1794 silver dollar has a similar surviving percentage with a mintage of only 1758 pieces.
Any other examples?
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1885-cc Morgan (228,000)
Lincoln set Colorless Set
The 1931-S Lincoln cent, and 1950-D Jefferson nickel also come to mind.
These 3 seated quarters have very low mintages for the series yet have been consistently overrated in price guides. In circ grades I've never considered them anything more than scarce. The 91-0 is the most overrated of the bunch imo.
1840-0 WD 43,000
1865-S 41,000
1891-0 68,000
Based on surviving numbers, you would think the mintages were several multiples of the above. They are however challenging in mint state condition or even nice AU. Surviving pops probably around 250-500 pieces. For some rare seated 25c dates 1/1000 is the survival rate. Most others fall in the 1/100 - 1/1000 of the orig mintage. The 1872-s with a mintage of 83,000 may have less than 100 pieces surviving.
On 2nd thought, the higher survival rate of the above coins could be related to last year of issue (65-S, 91-0) and first year of issue as well (40-0 WD). I'm sure in 1891 a New Orleans quarter for the first time since 1860 was a novelty. They chugged out 4.5 MILL of the 1891-0 dimes so that had no hope of becoming "scarce."
roadrunner
Any modern commems.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
However, compared to other $3 gold pieces, the 54-D probably has a lower than average survival rate.
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1916-d merc
1914-d cent
1955 doubled die lincoln
1893-s morgan
1899 morgan
1916 stander
any semi key date morgan
32 d and s quarters
1877 indian cent
09s 08s indian cent
there are tons more examples
and the above coins not only have a high surviving pops they are really noty low mintage
if you want really low mintage any proof pre 1915 coins beat them hands down even if all survive
and any biz strike three dollar gold beats the above hands down with the exception of the 54 74 and 78
Liberty seated quarters and halves dated 1879-1890. All of these have very low mintages and a high survival rate percentage-wise. And i agree with the 1916 standing liberty quarter-IMHO-this is the most overpriced twentieth century coin. Bob
Certainly the 54-D $3 has a lower survival rate than the low mintage 1880's issues, which were saved by collectors at an extraoridnary rate. Off the cuff, maybe not the case when compared to the earlier dates. I will do a full analysis and report back.
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<< <i>As of late, it seems there are an awful lot of 1796 quarters around! >>
First year of issue and only year of type=high survival rate, many in low grades.
They (ever wonder who "they" are?) say the 1804 is scarcer than the 1796.
roadrunner
The 1796 and 1797 half dollars have a much higher survival rate than other 1794-1807 halves, if the reported mintage is correct. This is understandable as small eagle halves were among the first US Mint coins to have numismatic value and were pulled earlier from circulation.
<< <i>my guess is there are more than 1200 reeded edge 1836 1/2 dollars >>
Could be, the auction frequency is for 1836 RE edge halves is slightly higher than 1802 halves (201-500 estimated, I think closer to 500), my guess is 1836 RE's are in the R.2 range, 501-1000. The true 1836 mintage is certainly mixed in with the 1837 mintage figure or 1836 LE mintage. Dealers like the 1200 figure, as it allows them to hype the "low mintage"
the `50 D 5c was the first coin i thought of
<< <i>1824 large cent. Official mintage is ZERO, but the coin is a common date piece today with thousands of pieces in existance. >>
Apparently the 1824 die was used in a subsequent year. Not unusual back then.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The BTW commems that appear to be low mintage fit the bill also. Those with reported mintages of 6, 8, or 12,000 show TPG populations in the thousands in mint state, and the low price suggests not much incentive to submit sub-gem pieces at all ergo there are probably thousands more unrecorded in the census. On the other hand, the 47(P) and 47-D with their published mintages of 100,000 are represented in far smaller numbers, and are considerably more difficult to find, especially in gem.
They only were minted for 2 years for circulation so you have first and last year "saved" effects (1875 and 1876).
The 1876-P 20c is certainly low mintage and nearly on par with the rare CC dimes and quarters on the early 1870's. But a totally different outcome in survival rates. The Philly quarters and halves of the 1879-1990 period have similar "tiny" 10,000-ish mintages but were heavily saved as well. Still, finding circs in the VG-XF range is a challenge. General seated coinage essentially reach a peak in the 1876-77 time frame. The dates/mints are mostly very plentiful and specimen survival rates are reasonable.
roadrunner
I'm surprised no one else named this one until now.
<< <i> The Philly quarters and halves of the 1879-1990 period have similar "tiny" 10,000-ish mintages but were heavily saved as well. Still, finding circs in the VG-XF range is a challenge. >>
These were so heavily hoarded that a circulated coin is actually uncommon. As a kid in the 50s, I recall "runs" of the quarters and halfs being offered for sale at "coin conventions" (before they were called shows).
<< <i>As of late, it seems there are an awful lot of 1796 quarters around! >>
Wasn't there a hoard of these in unc? Can't remember the story......
Colonial Green liked them as much as 1913 Liberty nickels.
although no Mint record yet discovered confirms a special striking. Col. E. H. R. Green (son of the millionaire Hetty Green) collected coins early in the last century and amassed a staggering hoard of 1796 quarters. It is believed that Green obtained over 200 1796 quarters, at least half of which were prooflike
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I do not consider one million to be a low mintage, but I certainly agree that the 84-CC Morgan has an artificially high survivorship.
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2) Virtually all Philadelphia business strike dimes quarters & halves, from the following dates:
Dimes - 1879 through 1881
Quarters & Halves 1879 thrugh 1890
I don't think hardly any of these coins circulated. Think the largest mintage was the 90 P quarterat around 68,000. The 79 P Dime, mintage 14,000, is priced as a type coin in MS 65 & MS 66. A minimal premium over type will get you most of the other dates (dimes, quarters & half) in MS 65 & MS 66.
Many of the halves of this period have mintages of under 10,000.
3) 1855 Half Cents. The mintage is around 56,000, and if you're looking for a Braided Hair Half Cent for a type set, 9 times out of 10, it will be an 1855 that is available. Don't know why. Other dates, like the 1851, I believe had a much higher mintage, but are much tougher to find.
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<< <i>1909-s-vdb
1916-d merc
1914-d cent
1955 doubled die lincoln
1893-s morgan
1899 morgan
1916 stander
any semi key date morgan
32 d and s quarters
1877 indian cent
09s 08s indian cent
there are tons more examples
and the above coins not only have a high surviving pops they are really noty low mintage
if you want really low mintage any proof pre 1915 coins beat them hands down even if all survive
and any biz strike three dollar gold beats the above hands down with the exception of the 54 74 and 78 >>
I cannot speak for others, But I archive everything you say
actually great replies all around-great thread
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Dave
The population report for the 16D shows more examples in mint state that the 1919S Merc which had a mintage of over 9 million and also more examples than the 1927D Merc which has a mintage of over 4 million. People might say the pop report is skewed on the 16D and have avalid point. In the same sense the pop report is also messed up on the other two examples I gave.
That 264,000 mintage for the 16D sure has people thinking the coin is semi rare. Semi rare is when a coin has a mintage of 9,000,000, the 19S, and has only about 200 examples certified by PCGS as mint state. The same goes for the 4,000,000 mintage 27D.
By the way the 19S and 27D mint state population is also less than the 1945P full band population also I believe.
Ken
<< <i>In my area, the 1854-D $3 fits the bill. There were 1120 struck and an estimated 120 survivors (roughly ten percent). On average, Dahlonega gold (and Charlotte gold) has a roughly 1% survival rate (across the various issues).
If I am not mistaken, the 1794 silver dollar has a similar surviving percentage with a mintage of only 1758 pieces.
Any other examples? >>
not sure if I understand the question as posted. "low mintage, high survivng" 1885 trade dollar proof with mintage of 5 has a 100% survival rate... or am I wrong?
Go BIG or GO HOME. ©Bill