Author Topic: For statistics fans  (Read 280 times)

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Offline Angus

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For statistics fans
« on: February 12, 2020, 10:27:02 AM »
I've worked out some mintage totals for you:

Total number of coins minted so far 142.6bn
Total value of all coins €34.0tn
Denomination of which the most have been minted: 1c (37.9bn)
Denomination of which the fewest have been minted: €2 (7.3bn)
Country of which the most have been minted: Germany (42.5bn)
Country of which the fewest have been minted: Monaco (21.5m)
Year of which the most have been minted: 2002 (37.8bn)
Year of which the fewest have been minted: 2019 (3.2bn)
(Country, denomination) of which the most have been minted: Germany, 1c (12.1bn)
(Country, denomination) of which the fewest have been minted: Monaco, 5c (466k)
(Country, year) of which the most have been minted: Germany, 2002 (18.7bn)
(Country, year) of which the fewest have been minted: Monaco, 2010 (25k)
(Country, denomination, year) of which the most have been minted: Italy, 20c, 2002 (1.4bn)
(Country, denomination, year) of which the fewest have been minted (more than zero): Latvia, all except €1, 2016 (5k)

Offline Bimat

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For statistics fans
« Reply #1 on: February 12, 2020, 12:04:25 PM »
Very interesting. Wonder what's the source of this data? ECB?

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Angus

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Re: For statistics fans
« Reply #2 on: February 12, 2020, 01:28:04 PM »

Offline Angus

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Re: For statistics fans
« Reply #3 on: February 13, 2020, 10:03:06 AM »
I have now updated my market value and rarity tables.  Two coins would now cost over €1000 to buy, both from Monaco, and the rarest coins that aren't variants are Latvia 2016 and Lithuania 2018.   There are some anomalies, e.g. why does it cost €329.13 to buy a 2007 €2 from Portugal, when it is only €24.53 to buy the 2014 coin, and fewer of the latter were minted?

Euro coins by decreasing market value

Euro coins by decreasing rarity

Offline Angus

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Re: For statistics fans
« Reply #4 on: August 23, 2020, 06:33:03 PM »
Just to note that over 4000 different coins that are legal tender throughout the Eurozone have now been minted, counting coins with different years, countries, values, designs or mint marks as different.

Offline Figleaf

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Re: For statistics fans
« Reply #5 on: August 23, 2020, 08:09:07 PM »
Fun stuff, Angus. Thanks for the effort to collect the figures. Anomalies are there to be explained, but sometimes an anomaly cannot reasonably be explained. Take mintage figures. They are the result estimated demand. Prices are the result of many more factors you can sum up as estimated demand versus realised demand over time.

When you analyse that, mintage can be a faulty estimate of demand, while price is influenced by a host of psychological factors, ranging from marketing, packaging and issue price to subject, some subjects being or becoming more fashionable and design. While I don't have stats, I would guess that shifts in the target audience play a major role. Early new, enthusiastic collectors got out when issues multiplied. Other collectors balked at non-circulating stuff bordering on the weird and by (perceived) advantages given to dealers. Marketing was increasingly aimed at the get-rich-quickly crowd.

The collectors wanted historic occasions and forward looking design. The new crowd wants gold, silver and saccharine pictures. You'll find it difficult to find trends in the figures. Mints had and have infighting factions for the old and new crowds so they don't change equally quickly or efficiently and they work with different cultural, historical and economic backgrounds in a different legal setting.

That said, it is still fun to see the data and marvel over a date collection of 4000+ coins with a very limited set of technical specifications and a common reverse.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.