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<p>[QUOTE="900fine, post: 638599, member: 6036"]An interesting post, Carl. Yes, we need to define terms.</p><p> </p><p>My proposal is this : for the purpose of this discussion, <b>anything which people collect and are willing to pay a premium over face / melt is part of the rare coin market</b>. Anything which is nothing more than commodity speculation is out.</p><p> </p><p>For the purpose of defining "rare coin market", it's infeasible to drill down to the level of common dates vs. semi-keys vs. keys. <b>I think the division must be kept simple : exclude commodity bullion.</b></p><p> </p><p>Some may protest and say "Wait ! Some guys like to collect ASEs by date ! Why exclude them ?".</p><p> </p><p>But here's the deal - no matter where we "draw the line", we wind up with controversy. We don't need surgical micro-precision here. We just don't.</p><p> </p><p>Someone is trying to get a rough number for market research, that's all. The difference between $10 billion and $10.1 billion is not significant in this style of thinking - even though it's $100 million !</p><p> </p><p>It's only 1%, and that's what counts.</p><p> </p><p>Yes, my definition includes 1999-D 1c as a "rare coin" which will bother some. Let's just make a call and move on. Exclude bullion. Keep it simple.</p><p> </p><p>Next ![/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 638599, member: 6036"]An interesting post, Carl. Yes, we need to define terms. My proposal is this : for the purpose of this discussion, [B]anything which people collect and are willing to pay a premium over face / melt is part of the rare coin market[/B]. Anything which is nothing more than commodity speculation is out. For the purpose of defining "rare coin market", it's infeasible to drill down to the level of common dates vs. semi-keys vs. keys. [B]I think the division must be kept simple : exclude commodity bullion.[/B] Some may protest and say "Wait ! Some guys like to collect ASEs by date ! Why exclude them ?". But here's the deal - no matter where we "draw the line", we wind up with controversy. We don't need surgical micro-precision here. We just don't. Someone is trying to get a rough number for market research, that's all. The difference between $10 billion and $10.1 billion is not significant in this style of thinking - even though it's $100 million ! It's only 1%, and that's what counts. Yes, my definition includes 1999-D 1c as a "rare coin" which will bother some. Let's just make a call and move on. Exclude bullion. Keep it simple. Next ![/QUOTE]
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