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<p>[QUOTE="GoldFinger1969, post: 2364771, member: 73489"]<b><span style="color: #0000ff">MD, agree completely with what you are saying.</span></b> I think when you say that CCs (esp. DMPLs) are 'overpriced' we have to recognize that as JPC and I have stated and you acknowledge...if people want Carson City's because of the Old West link, they're gonna want them and that's going to be an artificial demand booster for the coin(s). <b>Net-Net....the price is going to appear 'rich' relative to non-CCs of the same grade, type, date, etc.</b></p><p><br /></p><p><b><span style="color: #b30000">Similar to the 1907 Saint HR...</span></b>.it's NOT a rare coin, I think there are 11,000 or more. And there are plenty in Mint State. But everyone wants one because it's probably the finest coin ever produced in the United States (except maybe the 1907 EXR which is really a pattern not a regular release). As a result, it'a coin costing 5-figures unless you drop into the AUs.</p><p><br /></p><p>Would be fascinating if there were a database comparing CCs vs. Non-CCs for year, grade, type, etc. going back years. Then we could see if the premium was normal, rich, or cheap. I do this with financial assets where I realize that if you have 2 asset types and theoretically they are the same but are priced differently for whatever reasons (i.e., AAA-rated corporate debt is always priced high because of the lack of AAA-rated U.S. companies).[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2364771, member: 73489"][B][COLOR=#0000ff]MD, agree completely with what you are saying.[/COLOR][/B] I think when you say that CCs (esp. DMPLs) are 'overpriced' we have to recognize that as JPC and I have stated and you acknowledge...if people want Carson City's because of the Old West link, they're gonna want them and that's going to be an artificial demand booster for the coin(s). [B]Net-Net....the price is going to appear 'rich' relative to non-CCs of the same grade, type, date, etc.[/B] [B][COLOR=#b30000]Similar to the 1907 Saint HR...[/COLOR][/B].it's NOT a rare coin, I think there are 11,000 or more. And there are plenty in Mint State. But everyone wants one because it's probably the finest coin ever produced in the United States (except maybe the 1907 EXR which is really a pattern not a regular release). As a result, it'a coin costing 5-figures unless you drop into the AUs. Would be fascinating if there were a database comparing CCs vs. Non-CCs for year, grade, type, etc. going back years. Then we could see if the premium was normal, rich, or cheap. I do this with financial assets where I realize that if you have 2 asset types and theoretically they are the same but are priced differently for whatever reasons (i.e., AAA-rated corporate debt is always priced high because of the lack of AAA-rated U.S. companies).[/QUOTE]
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