Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Logic of Morgan Dollar values
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1289122, member: 112"]In a nutshell, yes, definitely. More than anything it's the public's perception of any given coin that drives its value. Even this thread contributes to that perception. </p><p><br /></p><p>Take that article you linked to. If a thousand people read that, the only thing that 500 of them will remember about the '93-S Morgan is how much that article says it is worth. And they probably won't even remember the numbers, they'll just remember that is sounds like a lot to them. This is perception.</p><p><br /></p><p>Now multiply that article by a thousand, maybe 5,000 even, for that's how many articles and/or books will mention the '93-S. Then multiply that by 10,000 because that's how many people there will be that are told about the article by somebody who read it. That's how perception gets to be what it is.</p><p><br /></p><p>You want to know which coins are worth the most money, that's easy. Just look at which ones get the most press.</p><p><br /></p><p>You want to know which coins are actually more rare than the ones getting the press, that takes a bit of work. You actually have to study. And that's exactly why they aren't worth as much.</p><p><br /></p><p>Perception is everything, and it is created. And rarely is it genuine or deserved.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1289122, member: 112"]In a nutshell, yes, definitely. More than anything it's the public's perception of any given coin that drives its value. Even this thread contributes to that perception. Take that article you linked to. If a thousand people read that, the only thing that 500 of them will remember about the '93-S Morgan is how much that article says it is worth. And they probably won't even remember the numbers, they'll just remember that is sounds like a lot to them. This is perception. Now multiply that article by a thousand, maybe 5,000 even, for that's how many articles and/or books will mention the '93-S. Then multiply that by 10,000 because that's how many people there will be that are told about the article by somebody who read it. That's how perception gets to be what it is. You want to know which coins are worth the most money, that's easy. Just look at which ones get the most press. You want to know which coins are actually more rare than the ones getting the press, that takes a bit of work. You actually have to study. And that's exactly why they aren't worth as much. Perception is everything, and it is created. And rarely is it genuine or deserved.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Logic of Morgan Dollar values
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...