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<p>[QUOTE="CamaroDMD, post: 577045, member: 5233"]Well, I think because of the size of the coin and difficulty it was to strike in clad has created a very small population of high grade MS clad examples. Because of that, the higher the grade the more money despite the rarity of the issue. The ultra high grade coins with nearly unique populations command insane prices thanks to registry collectors driving up the price. This results in the dramatic drop in price seen between one grade point. I don't know if these ultra high grades are a good long term investment. I think eventually this registry bubble will burst. For one reason, I think people will realize the ridiculousness in the incredible markup for one point. Also, the inherent risk with these nearly unique population coins is the value is totally dependent on the small population. As time goes on and more coins get graded...a couple more might appear. That might not seem like much, but if a coin with a population of 3 has 2 more appear...the availability has nearly doubled. That can't be good for the price.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 577045, member: 5233"]Well, I think because of the size of the coin and difficulty it was to strike in clad has created a very small population of high grade MS clad examples. Because of that, the higher the grade the more money despite the rarity of the issue. The ultra high grade coins with nearly unique populations command insane prices thanks to registry collectors driving up the price. This results in the dramatic drop in price seen between one grade point. I don't know if these ultra high grades are a good long term investment. I think eventually this registry bubble will burst. For one reason, I think people will realize the ridiculousness in the incredible markup for one point. Also, the inherent risk with these nearly unique population coins is the value is totally dependent on the small population. As time goes on and more coins get graded...a couple more might appear. That might not seem like much, but if a coin with a population of 3 has 2 more appear...the availability has nearly doubled. That can't be good for the price.[/QUOTE]
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