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2014 American $1 Coin and Currency Set Enhanced Sacagawea Native TA9
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<p>[QUOTE="krispy, post: 2036749, member: 19065"]Manufactured collectibles or those coins NIFC are not rare. These coin <i>products </i>merely present an illusion of rarity. As we know, rarity informs values and highlights the less attainable pieces among all coin patterns, which drives collectors to seek them (rare(r) pieces) and to seek it (rarity). But as most can't obtain key date rarities of coins that <i>were</i> intended for circulation but produced or remain only in scarce quantity for the demand of them now, or won't/can't pay the premium for such pieces, they have to turn to the <i>illusion of rarity. </i>And who other than the Mint operating on a strategy developed by a marketing team feeds the demand that has been identified by collector demographic studies.</p><p><br /></p><p>By scale 50,000 units might be small compared to production figures in the multi-milions of circulation strikes of the same design. However, the Mint doesn't produce rarities, they produce a quantity to meet demand as mentioned above. Collectors and coin industry agents (dealers, TPGs, publications, bloggers, et al.) find ways to categorize and diminish overall product mintages down to marketable figures (citing things like: how many pos. A vs. pos. B, what a coin grades, how soon can it be certified for a special TPG label, are there any errors known...) to prop up an artificial rarity-market value among a small community of people willing to pay more for these in aftermarket collectible trade.</p><p><br /></p><p>The only way to force these into rarity status that doesn't rely upon the above mentioned things would be to try and corner a market in them. It's not likely one or a few people could buy them all, perhaps ensuring value by destroying a vast quantity of them, then controlling how many ever appear in the aftermarket. So they will be around a long time, spread far and wide, but remain far from rare, save in the minds and distorted perspective modern collectors have come to embrace. Anyone with enough funds to corner a market in these would likely be wiser to buy/invest in true rarities, and collectors seeking rarity should ignore these marketed collectibles and save their money to buy market proven and supported rarities. Saving your $13.95 + s/h will go a lot further towards obtaining rare coins than locking up that much money in a single $1 coin of no intrinsic value whatsoever.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 2036749, member: 19065"]Manufactured collectibles or those coins NIFC are not rare. These coin [I]products [/I]merely present an illusion of rarity. As we know, rarity informs values and highlights the less attainable pieces among all coin patterns, which drives collectors to seek them (rare(r) pieces) and to seek it (rarity). But as most can't obtain key date rarities of coins that [I]were[/I] intended for circulation but produced or remain only in scarce quantity for the demand of them now, or won't/can't pay the premium for such pieces, they have to turn to the [I]illusion of rarity. [/I]And who other than the Mint operating on a strategy developed by a marketing team feeds the demand that has been identified by collector demographic studies. By scale 50,000 units might be small compared to production figures in the multi-milions of circulation strikes of the same design. However, the Mint doesn't produce rarities, they produce a quantity to meet demand as mentioned above. Collectors and coin industry agents (dealers, TPGs, publications, bloggers, et al.) find ways to categorize and diminish overall product mintages down to marketable figures (citing things like: how many pos. A vs. pos. B, what a coin grades, how soon can it be certified for a special TPG label, are there any errors known...) to prop up an artificial rarity-market value among a small community of people willing to pay more for these in aftermarket collectible trade. The only way to force these into rarity status that doesn't rely upon the above mentioned things would be to try and corner a market in them. It's not likely one or a few people could buy them all, perhaps ensuring value by destroying a vast quantity of them, then controlling how many ever appear in the aftermarket. So they will be around a long time, spread far and wide, but remain far from rare, save in the minds and distorted perspective modern collectors have come to embrace. Anyone with enough funds to corner a market in these would likely be wiser to buy/invest in true rarities, and collectors seeking rarity should ignore these marketed collectibles and save their money to buy market proven and supported rarities. Saving your $13.95 + s/h will go a lot further towards obtaining rare coins than locking up that much money in a single $1 coin of no intrinsic value whatsoever.[/QUOTE]
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2014 American $1 Coin and Currency Set Enhanced Sacagawea Native TA9
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