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How do you define "RARE" in numismatics?
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<p>[QUOTE="beef1020, post: 2445834, member: 24544"]Sorry, what is your formula, I don't see it anywhere. What is the denominator of the extant ratio? </p><p><br /></p><p>If it's demand, doesn't that just give you price? Price is a function of supply and demand, your extant ratio (supply/demand) is also a function of supply and demand. Why calculate some new function with a huge error bar on demand when we already have a large market that provides price discovery and is exactly a function of the things you are interested in. </p><p><br /></p><p>I.e. if there are 10 known coins and they are selling for $300 in decent shape doesn't that tell you how large the demand for that coins is, compared to a S vdb where there are probably 10,000s of thousands extant and they sell for ~$1,000 per coin. Can't you infer from those two pieces of information the concept you are interested in? That is a serious questions, because the best I can tell that is what you are interested in no?[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2445834, member: 24544"]Sorry, what is your formula, I don't see it anywhere. What is the denominator of the extant ratio? If it's demand, doesn't that just give you price? Price is a function of supply and demand, your extant ratio (supply/demand) is also a function of supply and demand. Why calculate some new function with a huge error bar on demand when we already have a large market that provides price discovery and is exactly a function of the things you are interested in. I.e. if there are 10 known coins and they are selling for $300 in decent shape doesn't that tell you how large the demand for that coins is, compared to a S vdb where there are probably 10,000s of thousands extant and they sell for ~$1,000 per coin. Can't you infer from those two pieces of information the concept you are interested in? That is a serious questions, because the best I can tell that is what you are interested in no?[/QUOTE]
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