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<p>[QUOTE="medoraman, post: 1997476, member: 26302"]I agree there has always been this "condition rarity" idea in US numismatics, in fact all numismatics. The main difference has been degree. Before Registry sets that second coin might have brought a little more than the first, but not 10 times the price. So, while Registry sets did not INVENT the idea of condition rarity, it has sent premiums for tiny little differences, (difference in many cases the owners of the coins themselves cannot see), to crazy levels.</p><p><br /></p><p>"Traditional" condition rarity is like the following. There are a series of bronzes the Byzantines struck called anonymous bronzes. THey are fairly popular due to portraying Christ on a large bronze coin. However, they were the workhorse coins of commerce, and as such most are found very worn, and the face of Christ was the highest point on the coin so it both did not strike up well and was the first point to wear. So, finding one of these coins with a full face of Christ showing is pretty rare. Therefor, a full face anonymous bronze can bring 10x the price of an average specimen. However, I find this price structure fair because it truly IS about condition. Every single person who looks at these coins immediately notes the condition difference. There are a lot of buyers who ONLY want a full face portrait because they want to give it as a gift or something.</p><p><br /></p><p>So, same action going on in both instances, but the latter makes more sense to me. Again, I am not throwing stones, and people can spend their money on what they want in this hobby. If you want a certain coin because of what the plastic says more than your own eyes, its your money. Maybe I just never had such a need to flew my epeen and participate in such "competitions".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1997476, member: 26302"]I agree there has always been this "condition rarity" idea in US numismatics, in fact all numismatics. The main difference has been degree. Before Registry sets that second coin might have brought a little more than the first, but not 10 times the price. So, while Registry sets did not INVENT the idea of condition rarity, it has sent premiums for tiny little differences, (difference in many cases the owners of the coins themselves cannot see), to crazy levels. "Traditional" condition rarity is like the following. There are a series of bronzes the Byzantines struck called anonymous bronzes. THey are fairly popular due to portraying Christ on a large bronze coin. However, they were the workhorse coins of commerce, and as such most are found very worn, and the face of Christ was the highest point on the coin so it both did not strike up well and was the first point to wear. So, finding one of these coins with a full face of Christ showing is pretty rare. Therefor, a full face anonymous bronze can bring 10x the price of an average specimen. However, I find this price structure fair because it truly IS about condition. Every single person who looks at these coins immediately notes the condition difference. There are a lot of buyers who ONLY want a full face portrait because they want to give it as a gift or something. So, same action going on in both instances, but the latter makes more sense to me. Again, I am not throwing stones, and people can spend their money on what they want in this hobby. If you want a certain coin because of what the plastic says more than your own eyes, its your money. Maybe I just never had such a need to flew my epeen and participate in such "competitions".[/QUOTE]
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