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<p>[QUOTE="Ana Silverbell, post: 3242532, member: 75156"]A coin price website I frequent is bestcoin.com. I believe the site uses a number of sources to determine values, including eBay sales. Under Morgan, the site states: "Rare dates: 1885-CC, 1889-CC, 1893-S, 1894, 1895, 1895-S, 1903-O; Scarce dates: Any "CC" mint coin, 1893, 1893-O, 1895-O."</p><p><br /></p><p>Clearly this site uses "rare" to describe a coin of extremely low mintage, and it uses scarce as a broader term, which is possibly tied to the ability of a collector to locate an example <i>as compared to</i> other common date coins.</p><p><br /></p><p>Under this approach, an 1885-CC is rare <i>and</i> scarce, whereas an 1882-CC is scarce.</p><p><br /></p><p>I cannot help but believe that "rare" and "scarce" are also driven by the number of collectors. Imagine there are only 2 US coin collectors in the world: would an 1893-S Morgan be rare or scarce? My answer is no. If this is true, then a coin could be rare or scarce at one time in history and not so rare or scarce at another time.</p><p><br /></p><p>Anyway, Happy Thanksgiving.</p><p><br /></p><p>P.S. I don't eat turkey on Thanksgiving because I don't believe in cannibalism.[/QUOTE]</p><p><br /></p>
[QUOTE="Ana Silverbell, post: 3242532, member: 75156"]A coin price website I frequent is bestcoin.com. I believe the site uses a number of sources to determine values, including eBay sales. Under Morgan, the site states: "Rare dates: 1885-CC, 1889-CC, 1893-S, 1894, 1895, 1895-S, 1903-O; Scarce dates: Any "CC" mint coin, 1893, 1893-O, 1895-O." Clearly this site uses "rare" to describe a coin of extremely low mintage, and it uses scarce as a broader term, which is possibly tied to the ability of a collector to locate an example [I]as compared to[/I] other common date coins. Under this approach, an 1885-CC is rare [I]and[/I] scarce, whereas an 1882-CC is scarce. I cannot help but believe that "rare" and "scarce" are also driven by the number of collectors. Imagine there are only 2 US coin collectors in the world: would an 1893-S Morgan be rare or scarce? My answer is no. If this is true, then a coin could be rare or scarce at one time in history and not so rare or scarce at another time. Anyway, Happy Thanksgiving. P.S. I don't eat turkey on Thanksgiving because I don't believe in cannibalism.[/QUOTE]
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