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<p>[QUOTE="jamesicus, post: 4665008, member: 14873"]Nice coins [USER=113686]@Egry[/USER]! I agree with your skepticism relating to “rarity” (+1, 2 …………… and so on). It seems to me that many collectors here feel the same way. In my own case, as a frequent user of RIC, I am very skeptical about the rarity assessments used there as they are mostly based on coin counts in major private collections, museum collections, etc. - static counting that doesn’t take into account subsequent hoard discoveries, etc. I have no idea how many dealers arrive at “rarity” determination for the coins they list.</p><p><br /></p><p>For my coin buying exploits I use my own system which is probably just as flawed as all of the others - but it is flexible and it works fairly well for me for coins I have been pursuing. I use a two tier designation:</p><p><br /></p><p>1. hard to find - this is my label for coins that I do not unearth by searching facilities such as Vcoins, popular auction sites, individual sellers that I trust (but not eBay) for about six months without finding one. For me that equates to about rare.</p><p><br /></p><p>2. very hard to find - same as 1, except that if I haven’t found one after about one year. that equates to about very rare to really rare in my eyes.</p><p><br /></p><p>I am constantly changing the parameters and my system is very imprecise, I know, but I now mostly ignore rarity labeling by others - but not all the time.[/QUOTE]</p><p><br /></p>
[QUOTE="jamesicus, post: 4665008, member: 14873"]Nice coins [USER=113686]@Egry[/USER]! I agree with your skepticism relating to “rarity” (+1, 2 …………… and so on). It seems to me that many collectors here feel the same way. In my own case, as a frequent user of RIC, I am very skeptical about the rarity assessments used there as they are mostly based on coin counts in major private collections, museum collections, etc. - static counting that doesn’t take into account subsequent hoard discoveries, etc. I have no idea how many dealers arrive at “rarity” determination for the coins they list. For my coin buying exploits I use my own system which is probably just as flawed as all of the others - but it is flexible and it works fairly well for me for coins I have been pursuing. I use a two tier designation: 1. hard to find - this is my label for coins that I do not unearth by searching facilities such as Vcoins, popular auction sites, individual sellers that I trust (but not eBay) for about six months without finding one. For me that equates to about rare. 2. very hard to find - same as 1, except that if I haven’t found one after about one year. that equates to about very rare to really rare in my eyes. I am constantly changing the parameters and my system is very imprecise, I know, but I now mostly ignore rarity labeling by others - but not all the time.[/QUOTE]
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