Coins Known Question!

[coinsareawesome]

Hello all! I was wondering if there was a price guide that shows the amount of coins known for that particular coin rather than the original mintage. Thank you in advance!

 

[kingskid1611]

I would think that that is an impossible question. taking into account that you have the variable that someone has some hoarded that is unknown to the market. Don't they just assume that the mintage number is more or less still out there? Hopefully someone can give a good answer. It would be interesting to know.

 

[l.cutler]

Some coins have a rarity rating, with an estimated number surviving. I think this is mostly early US and Colonials with a long track record of sales and known collections. Even so it is a best guess with many sitting unattributed in collections.

 

[coinsareawesome]

I have seen the rarity number on many of my coins on sites that I have looked at, my highest being a 97/100. The only times I have ever seen known numbers is through rarities, both colonial and more modern US coins.

 

[l.cutler]

I mostly fool around with colonials, they are usually assigned a rarity rating ranging from R1, more than 1250 known to R8 2 or 3 known and unique, of course one known.

 

[cudamark]

On older gold and silver coins, the mintage numbers can be deceiving. There were many buy back/melt downs in our history were large numbers of old coins were destroyed. They didn't keep a record if each year and mintmark. Usually the years right before a melt down were the most effected as they were the most common ones in circulation. Looking at a price guide and comparing that to the numbers made will give you some indication as to how many were destroyed. Take the late 20's-early 30's gold pieces. Quite a few were made, but most were melted down and some never made circulation.

 

[coinsareawesome]

Thank you for your information. I was expecting to get an answer like "no", but instead I got a lot more information than bargained for!