Are mintage figures a good way to study a coins rarity or investment potential?
Sometimes mintage figures give important clues to a coin’s rarity and sometimes these figures don’t mean much. Why? Because it has been the case that large numbers of gold and silver coins have been melted with no regard as to what was in the melt. The Mint kept virtually no records on dates, so a coin with a high mintage might be scarce or even rare if that particular date made up a large part of the coins destroyed.
