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preference: decrepit great rarity or EF common coin?
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<p>[QUOTE="dougsmit, post: 8191599, member: 19463"]We differ greatly on the definition of 'rarity'. We know from sales records that there are about 100 known examples of the EID MAR. A few of them are plated and the average one is 'average' but in high demand from people who would not even think of owning a common coin in that grade. Prices go up when there are 100 coins and 10,000 people who want one. On the other hand, there are quite a number of coins known from a very few surviving specimens. Some are even one of a kind 'unique' but many sell for less than a good lunch because the demand for that item is less than the census count. My answer to the question has to depend on the coin. If it is a great rarity that fits my specialty collection, I want it. If it is equally rare but was issued by a ruler that means nothing special to me, I would pay no extra. Maridvnvm and I have posted on Coin Talk I'd suspect 50 coins of Septimius Severus that do not exist in half as many examples as the EID MAR but there are only a handful of people who would take some of them as a gift let alone pay for their rarity. I don't know the census of each of my coins with any accuracy but I'll tack on here ten coins I believe exist in fewer than 100 examples total for the group. Besides that, what they have in common is that most of you would not want them even though you would have a lot of trouble finding any one of them any better. Before someone asks: I hope no one was planning on asking me to trade one of these for one of those common EID MAR coins. In a couple of these cases, I'd have trouble making that decision. </p><p><br /></p><p>To get ten here, I had to cheat and include a couple I know are barbarous and a couple I know exist in at least ten examples. I would be interested in hearing from anyone who can demonstrate I am wrong about there being under 100 total. Would I trade them for a mint state common? Not a chance.[ATTACH=full]1434285[/ATTACH] [ATTACH=full]1434286[/ATTACH] [ATTACH=full]1434291[/ATTACH] [ATTACH=full]1434292[/ATTACH] [ATTACH=full]1434293[/ATTACH] [ATTACH=full]1434298[/ATTACH] [ATTACH=full]1434300[/ATTACH] [ATTACH=full]1434301[/ATTACH] [ATTACH=full]1434302[/ATTACH] [ATTACH=full]1434313[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 8191599, member: 19463"]We differ greatly on the definition of 'rarity'. We know from sales records that there are about 100 known examples of the EID MAR. A few of them are plated and the average one is 'average' but in high demand from people who would not even think of owning a common coin in that grade. Prices go up when there are 100 coins and 10,000 people who want one. On the other hand, there are quite a number of coins known from a very few surviving specimens. Some are even one of a kind 'unique' but many sell for less than a good lunch because the demand for that item is less than the census count. My answer to the question has to depend on the coin. If it is a great rarity that fits my specialty collection, I want it. If it is equally rare but was issued by a ruler that means nothing special to me, I would pay no extra. Maridvnvm and I have posted on Coin Talk I'd suspect 50 coins of Septimius Severus that do not exist in half as many examples as the EID MAR but there are only a handful of people who would take some of them as a gift let alone pay for their rarity. I don't know the census of each of my coins with any accuracy but I'll tack on here ten coins I believe exist in fewer than 100 examples total for the group. Besides that, what they have in common is that most of you would not want them even though you would have a lot of trouble finding any one of them any better. Before someone asks: I hope no one was planning on asking me to trade one of these for one of those common EID MAR coins. In a couple of these cases, I'd have trouble making that decision. To get ten here, I had to cheat and include a couple I know are barbarous and a couple I know exist in at least ten examples. I would be interested in hearing from anyone who can demonstrate I am wrong about there being under 100 total. Would I trade them for a mint state common? Not a chance.[ATTACH=full]1434285[/ATTACH] [ATTACH=full]1434286[/ATTACH] [ATTACH=full]1434291[/ATTACH] [ATTACH=full]1434292[/ATTACH] [ATTACH=full]1434293[/ATTACH] [ATTACH=full]1434298[/ATTACH] [ATTACH=full]1434300[/ATTACH] [ATTACH=full]1434301[/ATTACH] [ATTACH=full]1434302[/ATTACH] [ATTACH=full]1434313[/ATTACH][/QUOTE]
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preference: decrepit great rarity or EF common coin?
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