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<p>[QUOTE=&quot;GDJMSP, post: 2084712, member: 112&quot;]You ever heard the phrase &quot;irrational exuberance&quot; ? Well, that plays a part in it as well. But to a large degree it really is nothing more than conditional rarity. For example, the 1881-CC Morgan. Between NGC and PCGS there are -&nbsp; </p><p>Approx 6,500 examples graded 65 - $700</p><p>Approx 2,200 examples graded 66 - $1,400 </p><p>Approx 300 graded 67 - $4,200 </p><p>And a grand total of 7 graded 68 - $26,000</p><p><br /></p><p>When you look at it that way, and couple it with &quot;irrational exuberance&quot;, you can kind of see why some people do what they do.</p><p><br /></p><p>Is such behavior warranted ? Not to me, but it sure seems to be to them.[/QUOTE]</p><p><br /></p>

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