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<p>[QUOTE="Vegas Vic, post: 2002196, member: 58810"]True. Rare old coins are actually rare. Looking at mintages of modern coins and comparing them to mintages of old coins makes one serious mistake. Survival. The percentage of washington half's is going to be orders of magnitude above a coin with the same mintage but 150 years older. So supply and demand kicks in. You want an old coin in nice condition then you have to bid it out with other buyers. You want a modern? They grow on trees.</p><p><br /></p><p><br /></p><p><br /></p><p>False. The price moves with supply. If they were as scarce as you think the prices would be much higher. Were there this mass market you are referring to available then the old rare coins would go even higher then these scarce modern coins. I can already buy a gold kennedy half for less then issue price. Something to think about.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 2002196, member: 58810"]True. Rare old coins are actually rare. Looking at mintages of modern coins and comparing them to mintages of old coins makes one serious mistake. Survival. The percentage of washington half's is going to be orders of magnitude above a coin with the same mintage but 150 years older. So supply and demand kicks in. You want an old coin in nice condition then you have to bid it out with other buyers. You want a modern? They grow on trees. False. The price moves with supply. If they were as scarce as you think the prices would be much higher. Were there this mass market you are referring to available then the old rare coins would go even higher then these scarce modern coins. I can already buy a gold kennedy half for less then issue price. Something to think about.[/QUOTE]
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