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Insane coin prices today: HA and CNG
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<p>[QUOTE="GoldFinger1969, post: 4412292, member: 73489"]<b><i>But Panzer, I think you have to focus not only on the SUPPLY part of the market. You also have to focus on DEMAND.</i></b></p><p><br /></p><p>That coin you cited is from a very interesting time period, that of the Holy Roman Empire. I remember how much I enjoyed reading about it in high school.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> But I am not sure how many serious coin collectors value that period over the Roaring Twenties and Saints....at least U.S. collectors. Even globally, you may find a preference for recent (~ 100 years or so) coins rather than going back multiple centuries. And I say that as someone who's interest was piqued by you as I had never heard of this coin before. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>I think that the reduced supply of the AV Dukaten's certainly helps maintain pricing -- it's basic math. And it's easier to find "strong hands" for 5 coins than it is for 8,000.</p><p><br /></p><p>So I'm not sure I would use that particular coin, or those with such limited supply, to a coin with hundreds or thousands available. A better comparison might be to the 1907 UHR Saint, which trades so infrequently that it too is certainly in "strong hands."[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4412292, member: 73489"][B][I]But Panzer, I think you have to focus not only on the SUPPLY part of the market. You also have to focus on DEMAND.[/I][/B] That coin you cited is from a very interesting time period, that of the Holy Roman Empire. I remember how much I enjoyed reading about it in high school.:D But I am not sure how many serious coin collectors value that period over the Roaring Twenties and Saints....at least U.S. collectors. Even globally, you may find a preference for recent (~ 100 years or so) coins rather than going back multiple centuries. And I say that as someone who's interest was piqued by you as I had never heard of this coin before. :D I think that the reduced supply of the AV Dukaten's certainly helps maintain pricing -- it's basic math. And it's easier to find "strong hands" for 5 coins than it is for 8,000. So I'm not sure I would use that particular coin, or those with such limited supply, to a coin with hundreds or thousands available. A better comparison might be to the 1907 UHR Saint, which trades so infrequently that it too is certainly in "strong hands."[/QUOTE]
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Insane coin prices today: HA and CNG
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