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How do you define "RARE" in numismatics?
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<p>[QUOTE="World Colonial, post: 2445097, member: 78153"]What you are attempting to describe seems to be somewhat similar to the third definition I included in one of my prior posts here; in the minimum quality most collectors are willing to buy.</p><p><br /></p><p>If this is your definition, then yes, I think it has relevance. However, this still would not apply to your prior example of the 2017 ASE. In your hypothetical, this coin is scarcer than other ASE and therefore relatively "rare" but it is still meaningless because the 1MM mintage you used precludes no one from buying it. I have never heard of any coin with that supply not being available on demand.</p><p><br /></p><p>The same is equally true of coins with a combination of much lower mintages but concurrent (very) high survival rates in "high" quality, often as low as in the hundreds. These coins are among the rarest both in absolute numbers and relatively but still not hard to buy. These might not be available on demand but if not, likely within weeks or at most a few months.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2445097, member: 78153"]What you are attempting to describe seems to be somewhat similar to the third definition I included in one of my prior posts here; in the minimum quality most collectors are willing to buy. If this is your definition, then yes, I think it has relevance. However, this still would not apply to your prior example of the 2017 ASE. In your hypothetical, this coin is scarcer than other ASE and therefore relatively "rare" but it is still meaningless because the 1MM mintage you used precludes no one from buying it. I have never heard of any coin with that supply not being available on demand. The same is equally true of coins with a combination of much lower mintages but concurrent (very) high survival rates in "high" quality, often as low as in the hundreds. These coins are among the rarest both in absolute numbers and relatively but still not hard to buy. These might not be available on demand but if not, likely within weeks or at most a few months.[/QUOTE]
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