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Doesn't eBay take the rare out of rare coins?
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<p>[QUOTE="Hiddendragon, post: 1364168, member: 25270"]I frequently chuckle/get frustrated when I see eBay listings described as rare when the coin has 20 million mintage. Some sellers throw it out there just to get you to look. But I think that there are more rare coins listed because people know they will sell for a lot, so it's worth their time. If you need to raise $500 for a mortgage payment, do you sell that one coin or 500 others? As many others have said, rare is a matter of perspective. A U.S. coin with less than 1 million mintage is fairly rare, but for some nations, they never produce that many for any year. I've been trying to buy older coins from Belize (aka British Honduras) and most of those have mintages between 10,000-40,000. I'd consider those more rare. Many Irish coins have less than 1 million made, but they sell for a few dollars each.[/QUOTE]</p><p><br /></p>
[QUOTE="Hiddendragon, post: 1364168, member: 25270"]I frequently chuckle/get frustrated when I see eBay listings described as rare when the coin has 20 million mintage. Some sellers throw it out there just to get you to look. But I think that there are more rare coins listed because people know they will sell for a lot, so it's worth their time. If you need to raise $500 for a mortgage payment, do you sell that one coin or 500 others? As many others have said, rare is a matter of perspective. A U.S. coin with less than 1 million mintage is fairly rare, but for some nations, they never produce that many for any year. I've been trying to buy older coins from Belize (aka British Honduras) and most of those have mintages between 10,000-40,000. I'd consider those more rare. Many Irish coins have less than 1 million made, but they sell for a few dollars each.[/QUOTE]
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Doesn't eBay take the rare out of rare coins?
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