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How do you define "RARE" in numismatics?
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<p>[QUOTE="okbustchaser, post: 2445448, member: 72642"]There is no such thing as "relative rarity". An item either is rare or it isn't. Demand defines the <b>value</b> of a given item, not the supply itself. </p><p><br /></p><p>Your hypothetical silver round is rare. Lack of demand makes it inexpensive--not the fact that it is rare. On the other hand, the number of people seeking a 1909-S VDB cent doesn't make it rare, simply expensive despite the fact that oodles of them exist.[/QUOTE]</p><p><br /></p>
[QUOTE="okbustchaser, post: 2445448, member: 72642"]There is no such thing as "relative rarity". An item either is rare or it isn't. Demand defines the [B]value[/B] of a given item, not the supply itself. Your hypothetical silver round is rare. Lack of demand makes it inexpensive--not the fact that it is rare. On the other hand, the number of people seeking a 1909-S VDB cent doesn't make it rare, simply expensive despite[B] [/B]the fact that oodles of them exist.[/QUOTE]
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