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Standing Liberty Quarters---The Full Head Debate
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<p>[QUOTE="900fine, post: 455844, member: 6036"]I really appreciate all your effort. This is my kind of thread.</p><p> </p><p>Personally, I don't agree with the rationale of comparing ratios for one major reason : these systems are extremely non-linear.</p><p> </p><p>The price based on supply : demand goes nuts at a certain point. The price absolutely skyrockets.</p><p> </p><p>A classic example is white Morgans. There are many collectors, but millions of coins. The price of these will never, ever get thrilling. Unless all 190 nations of the world suddenly decide they just <i>have</i> to have white Morgans.</p><p> </p><p>Except, of course, the key dates. We all know what those prices run.</p><p> </p><p>With common dates, there are plenty to go around. <b>Anybody can have what they want</b>. </p><p> </p><p>With keys, <b>the vast majority will have to do without</b> not because they're expensive, but because <i>they simply don't exist</i> in adequate numbers. There aren't enough to go around.</p><p><br /></p><p>Cost is not a cause; it's an effect.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 455844, member: 6036"]I really appreciate all your effort. This is my kind of thread. Personally, I don't agree with the rationale of comparing ratios for one major reason : these systems are extremely non-linear. The price based on supply : demand goes nuts at a certain point. The price absolutely skyrockets. A classic example is white Morgans. There are many collectors, but millions of coins. The price of these will never, ever get thrilling. Unless all 190 nations of the world suddenly decide they just [I]have[/I] to have white Morgans. Except, of course, the key dates. We all know what those prices run. With common dates, there are plenty to go around. [B]Anybody can have what they want[/B]. With keys, [B]the vast majority will have to do without[/B] not because they're expensive, but because [I]they simply don't exist[/I] in adequate numbers. There aren't enough to go around. Cost is not a cause; it's an effect.[/QUOTE]
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