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How do you define "RARE" in numismatics?
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<p>[QUOTE="iPen, post: 2446436, member: 69760"]The ratio isn't perfect and isn't the end all be all, but may be one of many ways to look at what and how one should be buying a particular coin. As you say, finding the price, whether it's too high or too low, will be much easier than calculating the ratio, given the ease of available data from what I can tell. However, price is not always static. As mentioned earlier, some mintages may be low, but prices may be high solely because it is low despite there being no demand. I mentioned earlier, too, that it nearly if not completely synonymous with supply and demand, but it looks at what the price should be so as not to over pay.[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2446436, member: 69760"]The ratio isn't perfect and isn't the end all be all, but may be one of many ways to look at what and how one should be buying a particular coin. As you say, finding the price, whether it's too high or too low, will be much easier than calculating the ratio, given the ease of available data from what I can tell. However, price is not always static. As mentioned earlier, some mintages may be low, but prices may be high solely because it is low despite there being no demand. I mentioned earlier, too, that it nearly if not completely synonymous with supply and demand, but it looks at what the price should be so as not to over pay.[/QUOTE]
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