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NGC certifies the 10 Langbord 1933 Saints
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<p>[QUOTE="900fine, post: 730713, member: 6036"]Yes, that seems clear now. My bad. Thanks for the clarification, Mark !</p><p><br /></p><p>Which raises the question of "the government's language". What sort of discussion did they have about the uniqueness of the 2002 coin, since there were no others known with certainty to exist ? Apparently the notion of the possibility of other coins occurred to someone. Maybe there were rumors. Perhaps, for whatever reason, the buyers were concerned about the possibility of more turning up and diluting the value of their investment.</p><p><br /></p><p>That is true with many of these 7 digit rarities.</p><p><br /></p><p>For example, 1927-D Saints. Heritage alone shows two coins sold for more than $1 million, in spite of a mintage of 180,000. While that's a fairly low mintage for Saints, it certainly doesn't justify a tag of $1.89 million. The coin is spendy due to low survival rate; total population NGC + PCGS = <b>13</b>.</p><p><br /></p><p>Would buyer be eligible for rebate if a cache of 30 or 40 more were found and the value dropped ?</p><p><br /></p><p>We can say "it's a far cry" 'twixt that and the 1933, and there's some merit to that. But there's not enough distance for me personally. But that's just me.</p><p><br /></p><p>Can those with legal background give us some insight ?[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 730713, member: 6036"]Yes, that seems clear now. My bad. Thanks for the clarification, Mark ! Which raises the question of "the government's language". What sort of discussion did they have about the uniqueness of the 2002 coin, since there were no others known with certainty to exist ? Apparently the notion of the possibility of other coins occurred to someone. Maybe there were rumors. Perhaps, for whatever reason, the buyers were concerned about the possibility of more turning up and diluting the value of their investment. That is true with many of these 7 digit rarities. For example, 1927-D Saints. Heritage alone shows two coins sold for more than $1 million, in spite of a mintage of 180,000. While that's a fairly low mintage for Saints, it certainly doesn't justify a tag of $1.89 million. The coin is spendy due to low survival rate; total population NGC + PCGS = [B]13[/B]. Would buyer be eligible for rebate if a cache of 30 or 40 more were found and the value dropped ? We can say "it's a far cry" 'twixt that and the 1933, and there's some merit to that. But there's not enough distance for me personally. But that's just me. Can those with legal background give us some insight ?[/QUOTE]
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NGC certifies the 10 Langbord 1933 Saints
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