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<p>[QUOTE=&quot;kaparthy, post: 3356143, member: 57463&quot;]I understand. I am not skilled at telling simple wear from weak strikes. It is a known consideration across all numismatics.</p><p><br /></p><p><br /></p><p><br /></p><p>So, what you were saying was <b>not </b>that the issue is so rare that only one is known, but that only one <b>Uncirculated</b> has been found. OK...&nbsp; Still, unless you can dig up that Baldwin&#039;s sale, the Krause estimate of $250 must stand unless you have a different attributed price.</p><p><br /></p><p>When I first started in numismatics, my interest quickly turned to ancients. As a result, a local dealer asked me to catalog and attribute a sale lot of over 200 Tibetan and Nepalese coins. I was astounded at the low catalog prices contrasted with the low catalog mintage figures. I called Colin Bruce II and we spoke for a while. He explained to me that every coin in the world competes against every other coin the world for the attention of buyers. The large body of American collectors drives the entire numismatic universe.&nbsp; Uncirculated Morgan dollars outprice true rarities.</p><p><br /></p><p>It is one reason that so many here collect ancients: they are cheap compared to the mainstream of American numismatics.[/QUOTE]</p><p><br /></p>

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