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<p>[QUOTE="medoraman, post: 2358890, member: 26302"]Its a very important point Doug makes about fresh coins onto the market. Did you ever wonder why Morgans, (a not particularly attractive coin), are so popular? Its because of quantity of supply really. Sure, being silver and the dates in the 1800's help, but it was the enormous supply that created the demand. What is the demand for 1880's SL halves? Pretty similar coin, large silver, dated similarly. The demand for these, though, is maybe 1/10,000 of that for a morgan. Why? Because there are so dang few of them most collectors who MAY have been interested in them give up and move to something much easier to buy. The 1893 S Morgan is not any rare than most SL halves dated in the 1880's, but is worth a ton more because its a Morgan.</p><p><br /></p><p>Same with ancients. They really started to take off once all of the fresh coins from Eastern Europe hit the market. It seems weird, but truly rare stuff never becomes popular since there is not enough of it to generate collectors of it. Only the more common stuff will encourage mass collecting.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2358890, member: 26302"]Its a very important point Doug makes about fresh coins onto the market. Did you ever wonder why Morgans, (a not particularly attractive coin), are so popular? Its because of quantity of supply really. Sure, being silver and the dates in the 1800's help, but it was the enormous supply that created the demand. What is the demand for 1880's SL halves? Pretty similar coin, large silver, dated similarly. The demand for these, though, is maybe 1/10,000 of that for a morgan. Why? Because there are so dang few of them most collectors who MAY have been interested in them give up and move to something much easier to buy. The 1893 S Morgan is not any rare than most SL halves dated in the 1880's, but is worth a ton more because its a Morgan. Same with ancients. They really started to take off once all of the fresh coins from Eastern Europe hit the market. It seems weird, but truly rare stuff never becomes popular since there is not enough of it to generate collectors of it. Only the more common stuff will encourage mass collecting.[/QUOTE]
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