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<p>[QUOTE="CentDime, post: 179661, member: 7297"]I did a little bit more reading on this, and from what I can gather the 1915 Pan Pac issue price was actually $100 which would translate into about $1850 today so that one was even more expensive than the current 1 ounce Plat coin at issue price.</p><p><br /></p><p>I also read on how the 2000 Plats were initially considered rare after release due to the 10,000 mintage and many paid a premium for them, but as we can see by the prices they have fallen back to the others. Perhaps this is one reason why many are soured on these coins.</p><p><br /></p><p>As to rarity, it is interesting as i read there are four types of rarity.One is absolute rarity, they only made a few of a coin. One is relative rarity, the coin is rare relative to the others in the series. There is condition rarity, only so many in a certain condition remain, and also type rarity where only a certain number of a design exist.</p><p><br /></p><p>I think the run in the 2000 coins was relative rarity, as they saw the big drop in mintage and thought it was the bottom.</p><p><br /></p><p>1997 56,000</p><p>1998 133,002</p><p>1999 56,707</p><p>2000 10,003</p><p>2001 14,070</p><p>2002 11,502</p><p>2003 8,007</p><p>2004 7,009</p><p>2005 6,310</p><p>2006 7,100</p><p>2006W 2,500 </p><p><br /></p><p>But as the numbers show it wasn't the bottom, only a new phase in lower mintages. What seems interesting is even with the higher platinum price the mintages over the last couple of years in both the proof and UNC has stabilized for now. The 2006W was possibly an anamoly because of the late issue of the coins and the competition from other coins earlier in the year.</p><p><br /></p><p>So I think what the 2006W coins do is bring in a new floor to these coins.</p><p><br /></p><p>What would be interesting is what would happen to the coins if platinum prices plunged. Obviously many more coins would be produced and it would go back to the mintages of 1998 or higher. Some coins in the series would be very affordable again at far lower prices, and the key dates would become rare relative to the collector base.</p><p><br /></p><p>If platinum prices keep at the current level or go higher, the mintages seem to be holding at around 5500 to 7000 so they stay at that or drop a bit to 4500 / 5000. But I doubt they get down to 2500 again for many years unless the mint goofs up or platinum hits $3000.[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 179661, member: 7297"]I did a little bit more reading on this, and from what I can gather the 1915 Pan Pac issue price was actually $100 which would translate into about $1850 today so that one was even more expensive than the current 1 ounce Plat coin at issue price. I also read on how the 2000 Plats were initially considered rare after release due to the 10,000 mintage and many paid a premium for them, but as we can see by the prices they have fallen back to the others. Perhaps this is one reason why many are soured on these coins. As to rarity, it is interesting as i read there are four types of rarity.One is absolute rarity, they only made a few of a coin. One is relative rarity, the coin is rare relative to the others in the series. There is condition rarity, only so many in a certain condition remain, and also type rarity where only a certain number of a design exist. I think the run in the 2000 coins was relative rarity, as they saw the big drop in mintage and thought it was the bottom. 1997 56,000 1998 133,002 1999 56,707 2000 10,003 2001 14,070 2002 11,502 2003 8,007 2004 7,009 2005 6,310 2006 7,100 2006W 2,500 But as the numbers show it wasn't the bottom, only a new phase in lower mintages. What seems interesting is even with the higher platinum price the mintages over the last couple of years in both the proof and UNC has stabilized for now. The 2006W was possibly an anamoly because of the late issue of the coins and the competition from other coins earlier in the year. So I think what the 2006W coins do is bring in a new floor to these coins. What would be interesting is what would happen to the coins if platinum prices plunged. Obviously many more coins would be produced and it would go back to the mintages of 1998 or higher. Some coins in the series would be very affordable again at far lower prices, and the key dates would become rare relative to the collector base. If platinum prices keep at the current level or go higher, the mintages seem to be holding at around 5500 to 7000 so they stay at that or drop a bit to 4500 / 5000. But I doubt they get down to 2500 again for many years unless the mint goofs up or platinum hits $3000.[/QUOTE]
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