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<p>[QUOTE=&quot;GoldFinger1969, post: 8207026, member: 73489&quot;]<b><font size="5"><span style="color: #b30000">1908 Wells Fargo No Motto Hoard Pricing: </span></font></b> Studying the pricing of the 1908 Wells Fargo NM, it appears 2 clear trends emerged:&nbsp; one, the pricing at about $1,150 in 1997 was <b>consistent with the then-price and recent past pricing of other common Saints like the 1924 and 1927 in MS-65 grade. </b> Two, the price decline in subsequent years for all 3 common Saints tracked closely.</p><p><br /></p><p>I think if can be safely said that the huge surplus of 1908 NM&#039;s was pretty well absorbed into the market.&nbsp; Unless there were unseen discounts or other perks, pricing seems to have been tracking other common Saints at the Gem Quality level.</p><p><br /></p><p>It appears that with thousands or tens of thousands available already at the MS-65 and below level, the BIGGEST impact was on the Superb Gem grades (MS-67) and higher.[/QUOTE]</p><p><br /></p>

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