Hong Kong 1980 10 Cents - Oddly Uncommon. Why?

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Author	Replies: 4 / Views: 337
gxseries Pillar of the Community Australia 3675 Posts	Posted 08/29/2024 10:01 am This is one coin that came in a mix of other coins. Reported mintage for Hong Kong 1980 10 cents is supposedly 24 million. I tried to research why this particular coin is uncommon. According to NGC and wikipedia: "Few pieces were released for circulation in 1980, but large numbers have found their way onto the market in subsequent years. About 3,500 are known to exist." 5 cents were also minted but not issued. Larger denomination coins were issued. What gives...? Only thing that I can think of is the high silver price of that era but otherwise nothing stands out. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Edited by gxseries 08/29/2024 11:59 pm Report this Post to the Staff

jbuck Moderator United States 157664 Posts	Posted 08/29/2024 11:22 am Very interesting. Coin Collector Since 1978 My Avatar My Old Avatar My 7070 My Eisenhower Dollars CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
NumisRob Bedrock of the Community United Kingdom 16067 Posts	Posted 08/29/2024 3:44 pm I imagine the reason these coins are uncommon is because Hong Kong was in the process of redesigning its coinage in 1980. A 20-cent piece had been introduced in 1975, and as this was smaller and lighter than the 10c coin, it would have reduced the demand for the latter (the same thing happened in the UK when our 20p was introduced in 1982). The 10c coin itself was replaced by a smaller, lighter coin in 1982. Maybe large stocks of unissued 1980 coins were sold to coin dealers. My Trade List: http://goccf.com/t/194596 My Wants List: http://goccf.com/t/191710 Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 08/29/2024 3:56 pm That makes sense. Report this Post to the Staff
gxseries Pillar of the Community Australia 3675 Posts	Posted 08/30/2024 12:26 am Interesting Numisrob. Was looking for inflation and found this https://www.macrotrends.net/global-...ion-rate-cpi My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
	Replies: 4 / Views: 337

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