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<p>[QUOTE=&quot;Hobo, post: 336779, member: 11521&quot;]You completely missed my point.</p><p>&nbsp;</p><p>Being extant and being available are two different animals. Take the 1933 Double Eagle. Some guy bought the only one available to the public for something like $7.5 million. We know there are 10 more examples being held by the Feds until ownership is determined. There may be more out there somewhere. But for now only one of these coins is available although there are 11 known coins. </p><p>&nbsp;</p><p>So the 1933 Double Eagle is worth $7.5 million. That has been established. Does that mean ALL 1933 Double Eagles are worth $7.5 million? I don&#039;t think so. If the other 10 known examples were made available to the public I would venture to guess the going rate would be substantially less than $7.5 million.</p><p>&nbsp;</p><p>Likewise, if some or all of the gold held in government vaults were released the price of gold would drop. Supply and demand. </p><p>&nbsp;</p><p>What if the Feds confiscated a hoard of 1,000 1933 Double Eagles but still only one remained legal to own? Does the existance of that many coins that are not available to be bought affect the price of the only one that is legal to own? Probably not. Supply has not changed by adding more coins that are not available to the market. (Admittedly, the value of that single legal example may be pushed down by the prospect of addtional coins being given legal status and released into the market.)[/QUOTE]</p><p><br /></p>

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