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<p>[QUOTE=&quot;DANIEL HENRIQUEZ, post: 3987375, member: 76821&quot;]Allow me to give my personal opinion regarding the term, &quot;rare&quot;. Many believe the low mintage or population remaining creates a Rare label but, lately, NGC, PCGS and many coin newsletters or so-called experts believe &quot;rarity&quot; is now demand for that specimen regardless of mintage. For some coins I agree yet, low population should be taken into consideration by NGC or PCGS yet, they refuse because the hype is worth more.</p><p><br /></p><p>This is clearly shown by NGC and PCGS in their values of coins due to recent sales on auction sites such as Amazon or Ebay. Pardon me but, no one go to purchase from these sites at full retail, on the contrary, they seek bargains. So, using these sales figures for values otherwise isn&#039;t prudent and doesn&#039;t reflect a coin&#039;s actual value or rarity due to low population.</p><p><br /></p><p>Here is a great guide to use for determining rarity: Take the total mintage of a coin (known or approximate) and multiply by .0001. If the answer is below 500 and the amount of collectors in that area (i.e., US, Australia, Europe) is over 25 million, the rarity is extreme...regardless what others or NGC believe. Good luck.[/QUOTE]</p><p><br /></p>

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