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<p>[QUOTE="GoldFinger1969, post: 4402264, member: 73489"]Excellent points.</p><p><br /></p><p>Spot on.....and the fact that gold couldn't really be bought until 1975 had to freeze/impact the numismatic prices even if you could or wanted to buy gold coins.</p><p><br /></p><p>Then the gold price ran up so fast....$35 to $180...then a big correction....then a 4-year moon shot to $800....had to play havoc for anything priced off bullion and then when people found out a "bullion coin" really was a rare numismatic coin, prices moved more. Even dealers probably had to adjust....for decades, gold was fixed and 99.9% of your demand was other dealers and some hard-core collectors...now the public was interested, too.</p><p><br /></p><p>The super-rare coins, proofs, and the 1907 HR were about all that were priced in 4 or 5 figures in the 1970's according to the Burdette/HA price charts. Everything else -- commons, semi-rare coins, and even very rare Saints -- could be had for < $1,000 up to the late-1970's for the most part.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4402264, member: 73489"]Excellent points. Spot on.....and the fact that gold couldn't really be bought until 1975 had to freeze/impact the numismatic prices even if you could or wanted to buy gold coins. Then the gold price ran up so fast....$35 to $180...then a big correction....then a 4-year moon shot to $800....had to play havoc for anything priced off bullion and then when people found out a "bullion coin" really was a rare numismatic coin, prices moved more. Even dealers probably had to adjust....for decades, gold was fixed and 99.9% of your demand was other dealers and some hard-core collectors...now the public was interested, too. The super-rare coins, proofs, and the 1907 HR were about all that were priced in 4 or 5 figures in the 1970's according to the Burdette/HA price charts. Everything else -- commons, semi-rare coins, and even very rare Saints -- could be had for < $1,000 up to the late-1970's for the most part.[/QUOTE]
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