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<p>[QUOTE=&quot;JCro57, post: 3242398, member: 92083&quot;]Ok, so I always understood Rare vs. Scarce in an <i>economic </i>sense. For example, if I draw a picture of President Trump and sign it, and I only do one in my lifetime, it becomes a rare and even unique piece as it is the <i>only</i> Joe Cronin hand-illustrated and signed illustration of Trump.</p><p><br /></p><p>However, because no one (not even my own Mother) would want to buy it, it is not scarce despite being rare/unique. Scarce implies fewer items availavle than the total number of willing and able buyers.</p><p><br /></p><p>I just wasn&#039;t sure if in numismatics, these terms now have a different meaning. For example, the word &quot;tape&quot; is a plastic stickey film used to hold two or more objects together, but then can also mean &quot;film&quot; as when coaches want to see the tape for an instant replay.[/QUOTE]</p><p><br /></p>

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