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How do you define "RARE" in numismatics?
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<p>[QUOTE="World Colonial, post: 2446432, member: 78153"]In which instances do you believe the supply estimates are reasonably accurate? I look at PCGS Coin Facts and see some that appear reasonable and others that do not. My review isn't scientific but in most instances, I don't believe those who make the estimates are in a position to really know.</p><p><br /></p><p>As examples, I'd say the 1794 dollar at least in MS are accurate, which is eight confirmed according to the owner of the SP-66 and 10 according to Coin Facts which leaves two potential others out there. John Amato's book on the 1796-1797 half dollars I believe itemizes each coin which are known according to "common knowledge". The book on the Peter Getz Washington patterns identifies 22 1792 silver small eagle halves and 56 of the copper/bronze.</p><p><br /></p><p>On one of the series I collect, Gilboy provides estimates for the pillar coinage. It's not a US series but I believe his claims are way off base. If his estimates were remotely accurate, he should have been able to find decent plate coins for practically every single entry except all of the scarcest considering he must have had access to the best collections. I acknowledge the lower price level creates a larger margin of error but don't see how even this reconciles to his claims.</p><p><br /></p><p>Similar idea on most US coins per Coin Facts.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2446432, member: 78153"]In which instances do you believe the supply estimates are reasonably accurate? I look at PCGS Coin Facts and see some that appear reasonable and others that do not. My review isn't scientific but in most instances, I don't believe those who make the estimates are in a position to really know. As examples, I'd say the 1794 dollar at least in MS are accurate, which is eight confirmed according to the owner of the SP-66 and 10 according to Coin Facts which leaves two potential others out there. John Amato's book on the 1796-1797 half dollars I believe itemizes each coin which are known according to "common knowledge". The book on the Peter Getz Washington patterns identifies 22 1792 silver small eagle halves and 56 of the copper/bronze. On one of the series I collect, Gilboy provides estimates for the pillar coinage. It's not a US series but I believe his claims are way off base. If his estimates were remotely accurate, he should have been able to find decent plate coins for practically every single entry except all of the scarcest considering he must have had access to the best collections. I acknowledge the lower price level creates a larger margin of error but don't see how even this reconciles to his claims. Similar idea on most US coins per Coin Facts.[/QUOTE]
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