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<p>[QUOTE="statequarterguy, post: 988634, member: 21782"]LOL! Okay, it's been hyped. But, it was hyped and continues to increase in value because of mintage rarity, not it's AG grade. It started to rise in price long ago because it was harder to find than other dates because so many fewer were made (mintage rarity). This is no new phenomenon, it's the basis of the value of most coins. Even though higher grades have always carried a premium, the premium was generally small compared to today, since most collectors were satisfied with a lower priced lower grade. Now, you can argue that today the registry set builders are supporting the “crazy” high prices, so it’s reality, but from what I see most don’t believe it will hold for the long term. Who knows, it’s just not an area, I’d be willing to gamble on. I will always choose the lower mintage coin and buy the grade I feel is reasonablely priced.</p><p><br /></p><p>You brought up one more key point, present with most key dates. They can't be so rare that dealers don't have sufficient quantities to make it worth their while to promote them and most collectors can't afford them (creating little demand). So, a nice low mintage compared to others in the series should be sufficient to cause the coin to rises in price. That's why I like 745k for the 2008 satins.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 988634, member: 21782"]LOL! Okay, it's been hyped. But, it was hyped and continues to increase in value because of mintage rarity, not it's AG grade. It started to rise in price long ago because it was harder to find than other dates because so many fewer were made (mintage rarity). This is no new phenomenon, it's the basis of the value of most coins. Even though higher grades have always carried a premium, the premium was generally small compared to today, since most collectors were satisfied with a lower priced lower grade. Now, you can argue that today the registry set builders are supporting the “crazy” high prices, so it’s reality, but from what I see most don’t believe it will hold for the long term. Who knows, it’s just not an area, I’d be willing to gamble on. I will always choose the lower mintage coin and buy the grade I feel is reasonablely priced. You brought up one more key point, present with most key dates. They can't be so rare that dealers don't have sufficient quantities to make it worth their while to promote them and most collectors can't afford them (creating little demand). So, a nice low mintage compared to others in the series should be sufficient to cause the coin to rises in price. That's why I like 745k for the 2008 satins.[/QUOTE]
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