Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How long will this "fad" last?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1077850, member: 112"]But you see, those special designations are something that the collecting public wants. And because they want them that is why they exist. Face it, it's because the vast majority of collectors can never own the truly special coins, the great rarities. They are simply too expensive. But they, the general collecting public, want their coins to be special too. So the special designations were invented to allow that to happen. </p><p><br /></p><p>But not a one of the special designations actually require the coin to be fully struck. So if we switched over and used Full Strike as a special designation, again very few people would be able to own those coins because not enough of them exist.</p><p><br /></p><p>The coin market is a strange game in that regard - you have to be able to allow a certain number of people to play or the game gets called off and there simply is no game. That's why quite often coins of rarity are seldom collected and why those that are collected sell for tiny or no premium at all. It's because not enough of them even exist to be able to make a market in them. What I'm talking about are coin where the entire mintage is often less than 100 and sometimes less than 50. Yet these coins will sell for their bullion content or a few dollars above that.</p><p><br /></p><p>The powers that be will give the collecting public what they want. They always have. Problem is most collectors don't realize that.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1077850, member: 112"]But you see, those special designations are something that the collecting public wants. And because they want them that is why they exist. Face it, it's because the vast majority of collectors can never own the truly special coins, the great rarities. They are simply too expensive. But they, the general collecting public, want their coins to be special too. So the special designations were invented to allow that to happen. But not a one of the special designations actually require the coin to be fully struck. So if we switched over and used Full Strike as a special designation, again very few people would be able to own those coins because not enough of them exist. The coin market is a strange game in that regard - you have to be able to allow a certain number of people to play or the game gets called off and there simply is no game. That's why quite often coins of rarity are seldom collected and why those that are collected sell for tiny or no premium at all. It's because not enough of them even exist to be able to make a market in them. What I'm talking about are coin where the entire mintage is often less than 100 and sometimes less than 50. Yet these coins will sell for their bullion content or a few dollars above that. The powers that be will give the collecting public what they want. They always have. Problem is most collectors don't realize that.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How long will this "fad" last?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...