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<p>[QUOTE="GDJMSP, post: 1539219, member: 112"]Not really. You see, a general rule in order for coins to bring high prices they can't really be rare because there has to be enough of them to go around before people will care about collecting them.</p><p><br /></p><p>Now I'm not talking about coins that cost a high 6 figures or more. The really expensive coins are ego coins, coins where the money doesn't matter because the buyer won't miss it. I'm talking about coins that cost 4 figures or 5 figures. Coins that collectors can actually buy. With those kind of coins there has to be enough of them to make a market in them, or prices won't go anywhere. If the coin is so rare that there are only a few known to exist, nobody cares because they know they can never own one.</p><p><br /></p><p>But if there's thousands of them out there, like there is with the '09-S VDB cent, then everybody wants one. They know they have to pay for it, but it's probably the most popular Lincoln cent there is so they pay it anyway.</p><p><br /></p><p>Also there is more than one kind of rarity, there is absolute rarity where only a few coins exist. And there is condition rarity, where there are thousands and thousands of the coins available, but limited numbers in higher grades. The '09 Lincoln, there's over a thousand in MS65 Red and above. Plenty more in Red/Brown or Brown. But in Red, the coin can bring $5,000.</p><p><br /></p><p>There are other coins where there is nowhere near that many available and yet they bring a fraction of that price because people know they can probably never own one.</p><p> </p><p><br /></p><p><br /></p><p>It never guided mine at all. I collected what I liked whether it was rare or not. But a lot of the coins I collected there were almost always less than 1,000 known to exist in all grades combined. And usually a lot less than that. But not a lot of people collected the coins I did, so the prices were cheap compared to what most really popular coins cost.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1539219, member: 112"]Not really. You see, a general rule in order for coins to bring high prices they can't really be rare because there has to be enough of them to go around before people will care about collecting them. Now I'm not talking about coins that cost a high 6 figures or more. The really expensive coins are ego coins, coins where the money doesn't matter because the buyer won't miss it. I'm talking about coins that cost 4 figures or 5 figures. Coins that collectors can actually buy. With those kind of coins there has to be enough of them to make a market in them, or prices won't go anywhere. If the coin is so rare that there are only a few known to exist, nobody cares because they know they can never own one. But if there's thousands of them out there, like there is with the '09-S VDB cent, then everybody wants one. They know they have to pay for it, but it's probably the most popular Lincoln cent there is so they pay it anyway. Also there is more than one kind of rarity, there is absolute rarity where only a few coins exist. And there is condition rarity, where there are thousands and thousands of the coins available, but limited numbers in higher grades. The '09 Lincoln, there's over a thousand in MS65 Red and above. Plenty more in Red/Brown or Brown. But in Red, the coin can bring $5,000. There are other coins where there is nowhere near that many available and yet they bring a fraction of that price because people know they can probably never own one. It never guided mine at all. I collected what I liked whether it was rare or not. But a lot of the coins I collected there were almost always less than 1,000 known to exist in all grades combined. And usually a lot less than that. But not a lot of people collected the coins I did, so the prices were cheap compared to what most really popular coins cost.[/QUOTE]
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