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<p>[QUOTE="GDJMSP, post: 8641731, member: 112"]And with modern coins of similar characteristics that's almost always the case. For example, I've owned several special editions in gold from various countries with mintages under 150 and a couple even under 50, in NGC and or PCGS 69 or 70 slabs. And yet each one always sold for a small premium over melt.</p><p><br /></p><p>A lot of folks can never quite wrap their heads around that, simply don't understand why that happens. Given low, even ultra low mintage, high grade, Proof or similar special type, and in gold - and yet they consistently sell for small premiums over melt. They think it would be otherwise. But they forget one thing, and an important thing - if nobody, or very, very few want these coins, they're simply not going not going to be any premium of any consequence. No demand = no premium.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 8641731, member: 112"]And with modern coins of similar characteristics that's almost always the case. For example, I've owned several special editions in gold from various countries with mintages under 150 and a couple even under 50, in NGC and or PCGS 69 or 70 slabs. And yet each one always sold for a small premium over melt. A lot of folks can never quite wrap their heads around that, simply don't understand why that happens. Given low, even ultra low mintage, high grade, Proof or similar special type, and in gold - and yet they consistently sell for small premiums over melt. They think it would be otherwise. But they forget one thing, and an important thing - if nobody, or very, very few want these coins, they're simply not going not going to be any premium of any consequence. No demand = no premium.[/QUOTE]
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