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Message:: [QUOTE="Midas, post: 63944, member: 2761"]Too "wide" with more people collecting and a limited amount of collectible coins available?? The fact of the matter is that a coin's value will always be based on rarity, grade, and market demand.  Key dates and high grade coins are NOT the norm.  Their numbers are limited not just from a low mintage standpoint, but also how many were saved/hoarded against those that were "lost".  A limited number of a given coin coupled with an increasing number of collectors due to a simple growth in population all are simple elements that effect supply and demand prices. Now there have been exceptions.  Before 1962, it was believed that a "handful" of 1903-O MS Morgans were available as values for these coins hit $1,500 for a BU specimen in 1962.  That is 1962 dollars remember!  Just after the vault find of 1962, these dollars quickly fell to $15.  Why...the "handful" of the known population quickly turned into bags and bags of this date.  But the laws of supply and demand with key-date coins pretty much make sense.  Sell a very limited and given supply of key dates/high MS grades to an always increasing population base and prices will go up faster than those coins that are more available. Unless there is a hoard of key dates stuck in some bank, I don't see keys and high grades going down...unless we are attacked by terrorists who strive to destroy our economy and way of life.[/QUOTE]