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<p>[QUOTE="Publius2, post: 8289498, member: 105571"]Since there is so much variety in people's collecting interests, there is a huge variance in collector's tolerance for details coins, along with other considerations such as budget, etc.</p><p><br /></p><p>But if we eliminate other considerations such as budget, eye appeal, future marketability (I know, we can't really eliminate those considerations) then maybe the aspect of genuine rarity can be discussed.</p><p><br /></p><p>There are several aspects to rarity:</p><p><br /></p><p>1) Genuine rarity as in "there just aren't very many of them out there. 1913 Liberty Head Nickels, 1804 dollars, and the like come to mind.</p><p>2) Marketplace rarities where the demand challenges or exceeds the demand. Think of 1909S VDB cents and 1877 IHCs. Most conditional rarities are a subset of this category.</p><p>3) Coins that encompass both categories. These are coins that are in somewhat limited demand but also don't appear on the market very often because while they are out there, they are often in strong hands.</p><p><br /></p><p>[USER=9270]@kanga[/USER] 1796 dime fall into the third category. As an R-5, it's not thar rare. As an R-5 AU, it has aspects of conditional rarity. There are few people who collect these early dimes as sets but there are a ton of people (myself included) who collect by type and the 1796 and 1797 dimes are the only ones that will fill that hole. For those of us with budgets limited by the necessity to eat, details coins are sometimes the only options.</p><p><br /></p><p>I was looking at the following coin on a Heritage auction last night. Hammered for $500 ($600 with the vig). Greysheet G-4 is listed at $1300 so this coin brought a pretty good price. It is basically a horrible coin but I would have bought it willingly if the hammer had been a little lower. I would have had regrets over the purchase but I would have done it anyway because these just don't show up that often and I am 70 and don't have decades to pursue my collecting aspirations.</p><p><br /></p><p>While I will keep on the lookout for a nice straight-graded example, I will also consider any details coin of this type that shows up in the market.</p><p><br /></p><p>BTW, I am seeing a plenitude of details coins showing up in the better auctions, far more than what appeared a few years ago. I guess that's a function of the reported dearth of material we've been hearing about.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 8289498, member: 105571"]Since there is so much variety in people's collecting interests, there is a huge variance in collector's tolerance for details coins, along with other considerations such as budget, etc. But if we eliminate other considerations such as budget, eye appeal, future marketability (I know, we can't really eliminate those considerations) then maybe the aspect of genuine rarity can be discussed. There are several aspects to rarity: 1) Genuine rarity as in "there just aren't very many of them out there. 1913 Liberty Head Nickels, 1804 dollars, and the like come to mind. 2) Marketplace rarities where the demand challenges or exceeds the demand. Think of 1909S VDB cents and 1877 IHCs. Most conditional rarities are a subset of this category. 3) Coins that encompass both categories. These are coins that are in somewhat limited demand but also don't appear on the market very often because while they are out there, they are often in strong hands. [USER=9270]@kanga[/USER] 1796 dime fall into the third category. As an R-5, it's not thar rare. As an R-5 AU, it has aspects of conditional rarity. There are few people who collect these early dimes as sets but there are a ton of people (myself included) who collect by type and the 1796 and 1797 dimes are the only ones that will fill that hole. For those of us with budgets limited by the necessity to eat, details coins are sometimes the only options. I was looking at the following coin on a Heritage auction last night. Hammered for $500 ($600 with the vig). Greysheet G-4 is listed at $1300 so this coin brought a pretty good price. It is basically a horrible coin but I would have bought it willingly if the hammer had been a little lower. I would have had regrets over the purchase but I would have done it anyway because these just don't show up that often and I am 70 and don't have decades to pursue my collecting aspirations. While I will keep on the lookout for a nice straight-graded example, I will also consider any details coin of this type that shows up in the market. BTW, I am seeing a plenitude of details coins showing up in the better auctions, far more than what appeared a few years ago. I guess that's a function of the reported dearth of material we've been hearing about.[/QUOTE]
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