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Message:: [QUOTE="GoldFinger1969, post: 2388723, member: 73489"]Supply can sometimes create its own demand ("Say's Law") but it's not just rarity but the underlying fundamentals.  In the case of Saint DEs, it's the gold value...numismatic value...artistic value....collecting value....last of he regularly-issued gold coins.....last links to the Gold Standard ($20.67/oz.)...etc. I'm not sure what you are saying here:  the coins availability isn't the problem, it's not like a 1927-D Saint.  There are apparently enough of most of those coins you listed, the problem is demand is naturally GREATER for those Morgans than for Caped Busts or Saint collectors so the price is driven very high even though supply in nominal terms isn't that rare.  1927-Ds are never seen. The Morgan's you listed (not sure about the Liberty DEs, have to check) are relatively more plentiful. Look at the drop in that 1995-W ASE DCAM from $80,000 to about $23,000 as supply slowly creeps up the last few years. Or look at the expected value of all the 1933 Double Eagles if the Langboard hoard hits and the supply goes from 1 to 11 (assuming they get all 11 or they/the govt make all 10 available).  I think Bowers or some other expert said the price would fall to about $2 MM from the $6.6 MM (ex-buying commission of 15%) paid back in 2002.[/QUOTE]