Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Standing Liberty Quarters---The Full Head Debate
>
Reply to Thread
Message:
<p>[QUOTE="Lehigh96, post: 456020, member: 15309"]While I agree that the systems are non linear, one would expect to see the coins with the smallest populations of FH designations drive the most significant premium. If the supply is low then the price should go up regardless of the ratio. But that does not always happen. Look at the 1928-D. There are only 65 FH examples graded by NGC, yet the price is $690. The 1920-S has only 62 FH examples graded by NGC and the price is a whopping $6,410. This can probably be attributed to the overall rarity of the 1920-S. It also may be caused by the spread of the FH designations over the grades. The 1920-S MS63 FH has a population of 12/30 (NGC only) whereas the 1928-D MS63 FH has a population of 4/54 (NGC only). But regardless of the reason, I just can't justify the fact that the price of the 1920-S is 10X that of the 1928-D when they have similar rarity and demand. </p><p><br /></p><p>When I started this analysis, I chose the MS63 for two reasons. First, these coins in gem state and above are phenomenally expensive. Secondly, the populations at this grade are such that other than the keys/semi-keys, there are hundreds of coins to chose from which would eliminate the short supply argument.</p><p><br /></p><p>I know what you are saying but the evidence does not agree. Under this premise, we would expect the key dates to have the worst Pop/Price ratio simply because there is such a limited supply that the prices go up exponentially. What the chart shows is that the collector base does not care about the FH status with respect to the keys, they will buy anyone they can get their hands on. The best Pop/Price ratio belongs to the 1918/17-S at 7.0, but I attribute this to the price of the non FH coin being so high ($34K). You see the same effect happen with the 1916 which also has a great ratio of 2.8. In fact, the coins with some of the worst ratios are not all that rare at all.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 456020, member: 15309"]While I agree that the systems are non linear, one would expect to see the coins with the smallest populations of FH designations drive the most significant premium. If the supply is low then the price should go up regardless of the ratio. But that does not always happen. Look at the 1928-D. There are only 65 FH examples graded by NGC, yet the price is $690. The 1920-S has only 62 FH examples graded by NGC and the price is a whopping $6,410. This can probably be attributed to the overall rarity of the 1920-S. It also may be caused by the spread of the FH designations over the grades. The 1920-S MS63 FH has a population of 12/30 (NGC only) whereas the 1928-D MS63 FH has a population of 4/54 (NGC only). But regardless of the reason, I just can't justify the fact that the price of the 1920-S is 10X that of the 1928-D when they have similar rarity and demand. When I started this analysis, I chose the MS63 for two reasons. First, these coins in gem state and above are phenomenally expensive. Secondly, the populations at this grade are such that other than the keys/semi-keys, there are hundreds of coins to chose from which would eliminate the short supply argument. I know what you are saying but the evidence does not agree. Under this premise, we would expect the key dates to have the worst Pop/Price ratio simply because there is such a limited supply that the prices go up exponentially. What the chart shows is that the collector base does not care about the FH status with respect to the keys, they will buy anyone they can get their hands on. The best Pop/Price ratio belongs to the 1918/17-S at 7.0, but I attribute this to the price of the non FH coin being so high ($34K). You see the same effect happen with the 1916 which also has a great ratio of 2.8. In fact, the coins with some of the worst ratios are not all that rare at all.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Standing Liberty Quarters---The Full Head Debate
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...