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<p>[QUOTE="GoldFinger1969, post: 2106104, member: 73489"]No I'm not....I'm just trying to show that when you are paying a huge premium to bullion for commons or semi-scarce years/mintages, there's downside risk if the premium dissipates.</p><p><br /></p><p><br /></p><p>I didn't say it was in the same conversation as the 1924 but I wouldn't say it's tough based on relative scarcity. Akers has it 48th and 40th in his difficulty index, for overall and high-grade.</p><p><br /></p><p><br /></p><p>No, I'm not talking about a coin I desire nor can't afford, I was just talking about a particular coin, not a super-scarce one, that went DOWN in price as gold went UP.</p><p><br /></p><p><b>I simply misremembered the year, 1922 vs. 1924, along with the price.</b> I corrected myself and found the entire quote from Albanese to illustrate my point.</p><p><br /></p><p>There's no deceptive intent on my part.</p><p><br /></p><p><br /></p><p>I wasn't complaining IMRich, I was simply noting that in the past premiums can dissipate. I actually think in the aggregate there is LESS risk of this as the common premiums have come down (as have others).</p><p><br /></p><p><br /></p><p>I quoted Albanese, isn't that a supported statement ?</p><p><br /></p><p><br /></p><p>Again, you misconstrued my posts.</p><p><br /></p><p>I'm simply trying to extrapolate from past pricing eras and seeing if there is upside/downside for the commons (using MS-65 as a guideline) and maybe for some other years.</p><p><br /></p><p>Obviously, the huge premiums on purely numismatic coins such as the 1907 HRs or other more-difficult years/mintages trade in their own universe. I don't expect them to be influenced that much by the price of gold OR the premiums on MS-65 commons or even semi-commons.</p><p><br /></p><p><b>I find the history of the premiums for MS-65 common Saints, MS-66/67 commons, and more scarce/purely numismatic years/mintages to be fascinating when looking back over 3-4 gold and coin cycles. </b>And since most dealers I sea at coin shows and most LCSs concentrate on commons or near-commons, I think this is more relevant for most of us here than whether high-end coins will go up/down and affect Stacks Bowers, Heritage, and Legend.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2106104, member: 73489"]No I'm not....I'm just trying to show that when you are paying a huge premium to bullion for commons or semi-scarce years/mintages, there's downside risk if the premium dissipates. I didn't say it was in the same conversation as the 1924 but I wouldn't say it's tough based on relative scarcity. Akers has it 48th and 40th in his difficulty index, for overall and high-grade. No, I'm not talking about a coin I desire nor can't afford, I was just talking about a particular coin, not a super-scarce one, that went DOWN in price as gold went UP. [B]I simply misremembered the year, 1922 vs. 1924, along with the price.[/B] I corrected myself and found the entire quote from Albanese to illustrate my point. There's no deceptive intent on my part. I wasn't complaining IMRich, I was simply noting that in the past premiums can dissipate. I actually think in the aggregate there is LESS risk of this as the common premiums have come down (as have others). I quoted Albanese, isn't that a supported statement ? Again, you misconstrued my posts. I'm simply trying to extrapolate from past pricing eras and seeing if there is upside/downside for the commons (using MS-65 as a guideline) and maybe for some other years. Obviously, the huge premiums on purely numismatic coins such as the 1907 HRs or other more-difficult years/mintages trade in their own universe. I don't expect them to be influenced that much by the price of gold OR the premiums on MS-65 commons or even semi-commons. [B]I find the history of the premiums for MS-65 common Saints, MS-66/67 commons, and more scarce/purely numismatic years/mintages to be fascinating when looking back over 3-4 gold and coin cycles. [/B]And since most dealers I sea at coin shows and most LCSs concentrate on commons or near-commons, I think this is more relevant for most of us here than whether high-end coins will go up/down and affect Stacks Bowers, Heritage, and Legend.[/QUOTE]
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