Hello to all the readers, and thank you for taking the time to read my latest guide. This guide is intended for Canadian collectors, so my apologies in advance to all the American and World collectors out there.
In my experience, condition rarity key dates are a largely unreported segment of coin collecting. A condition rarity is a coin that is otherwise common, but is extremely tough to find in certain conditions. This type of coin is generally rare in uncirculated condition, but readily available in circulated grades. A well known example is the 1944 red cent. It can be quite easily acquired in all grades, but any example with full red color is extremely difficult to acquire, and will fetch significant prices. Many condition rarity coins do not directly correspond between the listed prices and the market prices, and are not as obvious to the average collector. What follows is a list of condition rarities I'm familiar with (admittedly not a comprehensive list). If you know of any others, please send them my way and I will add them to the list (and attribute them to you). An important note is that some of the rarities listed here may cease to be rarities in a few years. The 1989 5 cent in MS-65 is a rarity now, but if a few more examples come to market, prices should be expected to drop. I'm not saying that will happen, but it's always a possibility -- moreso with modern coins than classics.
A few interesting ones.
1970 5 cents
1970 10 cents
1991 25 cents
These are interesting because they are what I call reverse condition rarities (RCRs). They are almost always found in Mint-state condition, but are next to impossible to discover in lower circulated grades. These coins were recognized for their low mintages in the year of issue and were extensively hoarded. Very few ever spent and significant time in circulation. These RCRs do not command a premium price because it doesn't take much effort to take a MS example and bring it down a few grades.
Now the real rarities
Newfoundland red small cents. I hardly see MS-64 examples on eBay, and 65s are nearly impossible.
1944 MS-64+ red cents. I hesitate to include this one as it has wide acceptance as a rarity and the prices are reflective of that fact. CCN Trends recognizes this coin's rarity while it remains ignorant of most of the other examples listed here. .
1953 SF 1 cent, MS-65 full red
1983 1 cent in MS-65
1990 cent in MS-65 red or better. It was a lower mintage year, but with a mintage high enough that people didn't bother to hoard, a common element to condition rarity coins.
MS-65 5 cent coins 1971-present. The earlier George V and VI are known to be scarce, but these are hard to find right up to recent Elizabeth examples. They pick up bag marks easily, and most people won't give second thought to an Elizabethan nickel. The 1970 is an exception because it was hoarded in large quantities at the time, ironically because it was perceived as rare.
1989 5 cents MS-65. The toughest of the MS-65 5 cents in recent years. There are 3 certified examples to date.
1983 25 cents high MS conditions
MS-65 nickel dollars except for 1968, 69, 74 Double Yolk, and 1982 Const. Dealers used to (and still do in some cases) throw these into bulk buckets without second thought. Examples without a few bag marks are extremely tough. The 1970 is especially challenging.
1959-61 Silver dollars in MS-64. These were largely considered common in comparison to the earlier silver dollars, and were given the bulk bucket treatment by many dealers. Finding one without a baggy surface is a challenge.
1965 Type 2 and Type 4 in MS-64. The Type 5 gets all the hype, but it's probably easier to find in MS-64 condition than these two examples. Again they are another "common" coin that has been tossed aside for years leaving very few survivors in nice condition.
Many collectors will claim that these coins are very common, and that it hasn't been worthwhile for people with hoards of these coins to have them certified. I have trouble believing this statement given the prices many of these coins achieve on eBay whenever they appear. While some are undoubtedly still out there, I believe strongly that many of these coins will hold up and prove to be genuine rarities.
Thanks again for taking the time to read my guide. If you've enjoyed it, be sure to read my other guides, and click "Yes" below to let me know you've found it helpful.
Don't hesitate to forward any examples you know of, and I'll add them to the list. These coins can be both challenges, as well as bargains, best of luck and happy hunting.
MASSIVE UNSEARCHED WHEAT CENT HOARD DISCOVERED - KEY DATES FOUND ! 1909 SVDB2 Barber-s Half-Dollars! KEY DATES! 1912 & 1914 SAN FRANCISCO!!!
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