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Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!
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<p>[QUOTE="statequarterguy, post: 989902, member: 21782"]Doug is correct, I am saying that statistically speaking more high grades should exist. I understand statistics can be manipulated, but in this case, it's a fairly straight forward calculation. Here's what I said in another thread.</p><p><br /></p><p>Yes, I understand your point. Even though statistically speaking, higher mintages should produce higher numbers of higher grades, you're saying this is not the case. Well, if statistics can be relied on (and production methods haven't changed for the worse or have improved), there should be more high grades produced with higher mintages. So, if there aren't more certified examples, it's probably due to lack of collector interest in searching for and submitting high grade, high mintage moderns. I'm saying higher mintages usually kill collector interest, so they're not looking for or buying high grade, high mintage modern coins. Granted some are buying them, apparently the registry set folks. So, unless new registry set collectors enter the market, there aren't enough average collectors to support significant premiums for high grade, high mintage modern coins in the short and maybe the long run. In the long long run, if high grade moderns aren't put away, maybe the few that were will be worth some significant premiums to some.</p><p><br /></p><p>If I'm an average collector (okay, that's questionable) that has x to spend, I'd spend it on a low grade, low mintage classic coin, like a 1916-d dime or on some high grade, low mintage moderns (for really low premiums), as opposed to spending that same amount on a high priced, high grade, high mintage modern coin and I'd believe I made the better "investment". </p><p>Added: This collecting approach probably has a lot to do with the fact that I don't believe the minute differences in high grades are worth huge premiums, regardless of what the pop reports say. If the pop reports say there are 10,000 ms 67's and only one ms68, I wouldn't be willing to pay more than a few bucks more for the ms68, because there is practically no difference in an ms67 & ms68. And, that ms68 could well grade ms67 at some time in the future.</p><p><br /></p><p>Read more: <a href="http://www.cointalk.com/t96662-3/#ixzz0yrMtfH00" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t96662-3/#ixzz0yrMtfH00">http://www.cointalk.com/t96662-3/#ixzz0yrMtfH00</a>[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 989902, member: 21782"]Doug is correct, I am saying that statistically speaking more high grades should exist. I understand statistics can be manipulated, but in this case, it's a fairly straight forward calculation. Here's what I said in another thread. Yes, I understand your point. Even though statistically speaking, higher mintages should produce higher numbers of higher grades, you're saying this is not the case. Well, if statistics can be relied on (and production methods haven't changed for the worse or have improved), there should be more high grades produced with higher mintages. So, if there aren't more certified examples, it's probably due to lack of collector interest in searching for and submitting high grade, high mintage moderns. I'm saying higher mintages usually kill collector interest, so they're not looking for or buying high grade, high mintage modern coins. Granted some are buying them, apparently the registry set folks. So, unless new registry set collectors enter the market, there aren't enough average collectors to support significant premiums for high grade, high mintage modern coins in the short and maybe the long run. In the long long run, if high grade moderns aren't put away, maybe the few that were will be worth some significant premiums to some. If I'm an average collector (okay, that's questionable) that has x to spend, I'd spend it on a low grade, low mintage classic coin, like a 1916-d dime or on some high grade, low mintage moderns (for really low premiums), as opposed to spending that same amount on a high priced, high grade, high mintage modern coin and I'd believe I made the better "investment". Added: This collecting approach probably has a lot to do with the fact that I don't believe the minute differences in high grades are worth huge premiums, regardless of what the pop reports say. If the pop reports say there are 10,000 ms 67's and only one ms68, I wouldn't be willing to pay more than a few bucks more for the ms68, because there is practically no difference in an ms67 & ms68. And, that ms68 could well grade ms67 at some time in the future. Read more: [url]http://www.cointalk.com/t96662-3/#ixzz0yrMtfH00[/url][/QUOTE]
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Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!
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