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<p>[QUOTE="Danr, post: 746169, member: 3715"]"</p><p>One date, the 1903-O, was considered to be a major rarity and if one was lucky enough to ever have an opportunity to buy one, he could expect to pay a whooping $1500 for a mint state example! Most major coin dealers of the day had never even seen a mint state example of this date much less had the opportunity to own or handle one.</p><p><br /></p><p>In November of 1962, the U.S. rare coin market was rocked by almost unbelievable news. Several dates previously considered exceedingly rare were discovered in bag quantities during the annual pre-Christmas release by the Treasury. Among those dates was the much-desired 1903-O! Obviously, after the release of this key date in bag quantities, its lofty price adjusted quickly to the new market realities. However, the die was cast. </p><p>"</p><p><br /></p><p><a href="http://www.coinresource.com/articles/gsa.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinresource.com/articles/gsa.htm" rel="nofollow">http://www.coinresource.com/articles/gsa.htm</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Danr, post: 746169, member: 3715"]" One date, the 1903-O, was considered to be a major rarity and if one was lucky enough to ever have an opportunity to buy one, he could expect to pay a whooping $1500 for a mint state example! Most major coin dealers of the day had never even seen a mint state example of this date much less had the opportunity to own or handle one. In November of 1962, the U.S. rare coin market was rocked by almost unbelievable news. Several dates previously considered exceedingly rare were discovered in bag quantities during the annual pre-Christmas release by the Treasury. Among those dates was the much-desired 1903-O! Obviously, after the release of this key date in bag quantities, its lofty price adjusted quickly to the new market realities. However, the die was cast. " [url]http://www.coinresource.com/articles/gsa.htm[/url][/QUOTE]
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