Up until late 1980s coins were mainly means of purchasing goods/services. It is then when "coins" became goods and the market for NCLT exploded almost exponentially – authorities discovering way of selling metal to collectors at over-inflated price.
If in the 1960-1969 decade NCLT represented 28% of total coins minted (globaly), in 1990-1999 they were already 80%, to reach 88% between 2010-2019: 21353 NCLTs vs only 2840 circulating coins!
Leading this trend are some pinhead island entities who issue SOLELY NCLTs – probably their main source of income - but some big players, like Australia and UK, are not innocent from this sin.
Adding to this inflation in numbers are ever deteriorating designs by Pokemon-generation designers, leading to completely incomprehensive drawings that bear no beauty or message whatsoever.
I know many of you out there won't agree with me and that's fine. De gustibus non disputandum est - as used to be said in the times when coins were still coins.
Interesting chart, thank you. This is why I collect circulating coins only (and NCLT more aside if pretty or as gifts). After WW2 silver in circulation went down to zero within decades.
Typically selling for about $100 USD + postage, I got mine for $56 CAD + postage. Shortly thereafter, the seller refused to ship to Canada. Lesson learned for both of us.
My tastes have changed considerably from those early days and I keep, what I call my Stupid Coin, close by and in plain view so I don't do something stupid again.
Very interesting graphs BTW.
It ain't what you don't know that gets you into trouble. It's what you know for sure, that just ain't so. Mark Twain
Non-circulating medal-coins are generally pretty crap - especially when the subject has no connection to the country that supposedly authorised their striking.
I don't generally collect them - unless I can get them for a reasonable price.
I have been collecting the Silver Krugerrand series as an exception - considering that they are attractive & totally relevant to the country (in this case, South Africa).
Quote: "numinis""Coins minted" is ambiguous, did you count types or was that the sum of mintage figures?
Types, of course.
Minting figures will always be much higher for circulating coins - as is their true purpose as MEANS to purchase and not as GOODS to be purchased.
Quote: "numinis""Coins minted" is ambiguous, did you count types or was that the sum of mintage figures?
Types, of course.
Minting figures will always be much higher for circulating coins - as is their true purpose as MEANS to purchase and not as GOODS to be purchased.
Trying to understand...If I search for circulating coin types for year 2000 I get 703 and for non-circulating I get 1409. Your chart shows 2500 and 10000. What am I doing wrong?
Quote: "rsirian1"Trying to understand...If I search for circulating coin types for year 2000 I get 703 and for non-circulating I get 1409. Your chart shows 2500 and 10000. What am I doing wrong?
I think it's just unlikely that a lot of people around the world collect those series for their numismatic value.
It's more likely that it's targeted to avid (and rich?) Harry Potter collectors that would systematically collect any miscellany related to the theme.
Coins like these are possibly just collectible tokens with "legal tender" vanity status (one can easily find companies offering those services). I was a child in the '90s, so I remember the Tazos mania.
