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<p>[QUOTE="GDJMSP, post: 10076, member: 112"]There are two things at play here - novelty and pedigree. The novelty is that these coins are available for the first time and they come from a shipwreck. There are a great many collectors out there who will pay substantial premiums for shipwreck coins - but only shipwreck coins. </p><p><br /></p><p>The pedigree is the particular ship. To some this is enough to warrant a premium. </p><p><br /></p><p>It's just like anything else - if it happens to be something that a particular collector wants - it will fetch a premium. This can be toned coins, or blast white coins. This can be coins from a particular mint or a certain country. It doesn't really matter. All that matters is that somebody wants it for what it is.</p><p><br /></p><p>But the kicker is this - there are only so many of those folks out there. And when they all have the coins they want - the others don't sell so well. That's when the prices drop to normal.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 10076, member: 112"]There are two things at play here - novelty and pedigree. The novelty is that these coins are available for the first time and they come from a shipwreck. There are a great many collectors out there who will pay substantial premiums for shipwreck coins - but only shipwreck coins. The pedigree is the particular ship. To some this is enough to warrant a premium. It's just like anything else - if it happens to be something that a particular collector wants - it will fetch a premium. This can be toned coins, or blast white coins. This can be coins from a particular mint or a certain country. It doesn't really matter. All that matters is that somebody wants it for what it is. But the kicker is this - there are only so many of those folks out there. And when they all have the coins they want - the others don't sell so well. That's when the prices drop to normal.[/QUOTE]
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