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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2775987, member: 71723&quot;]I&#039;ve been applying my economics degree to some serious thinking about a subject that came up recently on another thread.&nbsp; Clearly, both supply and demand have an impact on the value of any given coin. The general opinion seems to be that demand is king. I have decided that we have to define our terms before we can say whether rarity or demand is actually the king. What are we talking about? A series, or a given coin with in a series?</p><p>Where demand is indisputably the king is when were analyzing whether a given series has high values are not.&nbsp; However, within a given series, it is rarity that determines the relative value of coins within that series.</p><p>Michael correctly points out that 3 cent nickel series is very low valued compared to its rarity, and that effect is due to lack of demand.&nbsp; But I submit to all of you that within a particular series it is rarity and rarity alone that drives the value of coins within the series,&nbsp; especially eventually.</p><p>So what do you think?[/QUOTE]</p><p><br /></p>

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