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<p>[QUOTE=&quot;George Kalas, post: 3896776, member: 96505&quot;]Popularity is not the right term, but it is close.&nbsp; “Market Demand” is more accurate and precise.&nbsp; A coin can be high grade.&nbsp; A coin can be exceedingly rare in absolute terms.&nbsp; But if there is little collector demand then the market determined price will remain low.</p><p><br /></p><p>I own such a coin that is a prime case in point:&nbsp; A 1975 Proof five cent piece from Rhodesia.&nbsp; Look it up.&nbsp; Total mintage was ten (10) pieces.&nbsp; That’s right.&nbsp; Only nine other collectors other than me can own this particular coin.&nbsp; In terms of absolute rarity it is rarer than an 1804 Silver Dollar.</p><p><br /></p><p>I paid about $590 for this coin, not 6 or 7 figures.&nbsp; Why? Because there is an exceedingly thin population of numismatists who collect coins of Ian Smith’s Rhodesian government (1965-1980).&nbsp; So long as this is the case, the market demand is exceedingly low and the price reflects this fact.</p><p><br /></p><p>The good news here is that if you collect a specialty niche like this, you can have top quality and absolute rarity for affordable prices, but not necessarily bragging rights as most other collectors will likely shrug and say “meh.”&nbsp; But I enjoy working on my Rhodesian set even if others are completely uninterested in these coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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