Rare Coins – What Is the Difference Between a Grade Rarity and a Mintage Rarity?
Rare Coins – What Is the Difference Between a Grade Rarity and a Mintage Rarity? When it comes to rare coins, there are two major types in today’s market: grade rarities and mintage rarities. One of these types is solid gold, while the other might be a sucker’s bet. Do you know which is which, and why?Answer: Rare coins fall into two major classes: Mintage Rarities and Grade Rarities. Let’s begin with the definition of each: Mintage Rarity – A coin which is rare because it has a low mintage relative to market demand for the type. Grade Rarity – An otherwise common coin that is only rare in certain grades, such as current date U.S. Cents graded MS-70. A smart person might look at these definitions and think, “What is there to consider? There is really only one type of rare coin, the mintage rarity. End of discussion.” However, in this day and age of slabbed coins and