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<p>[QUOTE="medoraman, post: 3493838, member: 26302"]I think many here are touch on many aspects of rarity. It is truly a multi-layered onion. </p><p><br /></p><p>First, how are we determining "type"? Is it a variant, like a dot on a column versus no dot, or is it a completely new design? I would label a mint the same as variant if the design the same.</p><p><br /></p><p>Second, how well represented is that ruler? Rare types rare rulers are common, since most only want to pick up a coin of that ruler, not any particular reverse. It's the same as type versus date demand for modern collectors. I always chose rarer dates for a Type coin because I could get it with some effort for the same price.</p><p><br /></p><p>Third would be "global demand", ie not only demand for the type or ruler, but of the city or civilization. A "common" type of a really rare city will always be judged as rare because of people just wanting one for they city, no matter the type.</p><p><br /></p><p>Last is the most important. Demand. If you are the only one who knows about a coin, it may be rare but obtainable by you because no one else looks for them. I know of some really rare pieces I own multiples of because I have looked for them for 20 years now. Anyone looking at my collection will think they are pretty common, yet I challenge them to find more than 1 in any other collection. Many, many other coins that are scarce you will never be able to obtain because there is intense demand. It is not just price. Many other really well placed collectors have multiple dealers looking for this coin for them. They will always be offered it before you.</p><p><br /></p><p>So it really is an interesting continuum of rarity intersecting with huge demand swings, with leads to multitudinous definitions of rarity, and all definitions are correct in their own way.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3493838, member: 26302"]I think many here are touch on many aspects of rarity. It is truly a multi-layered onion. First, how are we determining "type"? Is it a variant, like a dot on a column versus no dot, or is it a completely new design? I would label a mint the same as variant if the design the same. Second, how well represented is that ruler? Rare types rare rulers are common, since most only want to pick up a coin of that ruler, not any particular reverse. It's the same as type versus date demand for modern collectors. I always chose rarer dates for a Type coin because I could get it with some effort for the same price. Third would be "global demand", ie not only demand for the type or ruler, but of the city or civilization. A "common" type of a really rare city will always be judged as rare because of people just wanting one for they city, no matter the type. Last is the most important. Demand. If you are the only one who knows about a coin, it may be rare but obtainable by you because no one else looks for them. I know of some really rare pieces I own multiples of because I have looked for them for 20 years now. Anyone looking at my collection will think they are pretty common, yet I challenge them to find more than 1 in any other collection. Many, many other coins that are scarce you will never be able to obtain because there is intense demand. It is not just price. Many other really well placed collectors have multiple dealers looking for this coin for them. They will always be offered it before you. So it really is an interesting continuum of rarity intersecting with huge demand swings, with leads to multitudinous definitions of rarity, and all definitions are correct in their own way.[/QUOTE]
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