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<p>[QUOTE=&quot;World Colonial, post: 2510737, member: 78153&quot;]In this instance, I agreed with you that the 1794 SP is a better coin given the merits of both. </p><p><br /></p><p>I&#039;m not trying to single this coin out but since it came up, its as good as any.&nbsp; Generically, 1794 dollars are inflated even versus other US early federal coinage.&nbsp; With 125+ known, the coin is moderately scarce but not actually rare.</p><p><br /></p><p>For this coin, it is also inflated versus other equal quality early federal coinage where I see no possibility that the coin is anywhere near more desirable compared to the price difference.&nbsp; Recently, both the 1796 &quot;No Pole&quot; cent MS-67 and the single SP-66 DBSE half sold.&nbsp; The first for about $1MM and the second I believe for $1.5MM.&nbsp; Is the 1794 really 10 and six times better?&nbsp; If the answer is &quot;yes&quot;, my answer is &quot;not a chance&quot;.</p><p><br /></p><p>I am aware of the story line of this coin, just as I am of others such as the original 1804 dollar, 1933 Saint and 1913 LHN.&nbsp; I consider every single one of them exaggerated in supposedly supporting the prices.</p><p><br /></p><p>My expectation is that I were to have this discussion with each board member here, most of them would find a large number of US coins (at least the 29 I previously identified as &quot;ultra-elite&quot;) which are supposedly better than the best coins from elsewhere.&nbsp; To many it would be the 1794 dollar but there will also be many others.</p><p><br /></p><p>What I am telling you is that this is a US centric view which doesn&#039;t make any sense because there is no reason to believe that these coins are remotely as desirable as most US collectors believe them to be.[/QUOTE]</p><p><br /></p>

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