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<p>[QUOTE="GoldFinger1969, post: 8286224, member: 73489"]<b><font size="5"><span style="color: #b30000">More On Wells Fargo Hoard:</span></font></b> It's tough to model a supply and demand curve. But we know that the supply of MS-66's and MS-67's went up over 30-fold after the Wells Fargo Hoard.</p><p><br /></p><p>If we go by Doug Winter's guestimate of Saint buyers -- <b>500 Registry Players, 25,000 Type Players, the rest retail investors</b> -- then the Registry guys suddenly had MS68's (and 69's) take up 25% of their demand which was previously limited to MS-67's (there were no MS-68's I believe before the WF Hoard). The rest were the cream of the MS-67's. But the Type Players who previously had to settle for MS-64's, 65's, and 66's suddenly had MS-67's (about 1,500 - 2,000, ex-double counts).</p><p><br /></p><p><b>So before Wells Fargo, 1908 NM's were like the other commons more-or-less in the MS-66 to 68 grades.</b> The influx in the higher grades for those who wanted them -- others still wanted a slightly-cheaper MS-64 or 65 rather than a much-cheaper MS-66 or 67 -- made them much more affordable.</p><p><br /></p><p><b><i><span style="color: #000000">As a result, the Ms-67's today can be gotten for about $6,000 which is less than half that of any other Saint that I track.</span><span style="color: #00b300"> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></span></i></b>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8286224, member: 73489"][B][SIZE=5][COLOR=#b30000]More On Wells Fargo Hoard:[/COLOR][/SIZE][/B] It's tough to model a supply and demand curve. But we know that the supply of MS-66's and MS-67's went up over 30-fold after the Wells Fargo Hoard. If we go by Doug Winter's guestimate of Saint buyers -- [B]500 Registry Players, 25,000 Type Players, the rest retail investors[/B] -- then the Registry guys suddenly had MS68's (and 69's) take up 25% of their demand which was previously limited to MS-67's (there were no MS-68's I believe before the WF Hoard). The rest were the cream of the MS-67's. But the Type Players who previously had to settle for MS-64's, 65's, and 66's suddenly had MS-67's (about 1,500 - 2,000, ex-double counts). [B]So before Wells Fargo, 1908 NM's were like the other commons more-or-less in the MS-66 to 68 grades.[/B] The influx in the higher grades for those who wanted them -- others still wanted a slightly-cheaper MS-64 or 65 rather than a much-cheaper MS-66 or 67 -- made them much more affordable. [B][I][COLOR=#000000]As a result, the Ms-67's today can be gotten for about $6,000 which is less than half that of any other Saint that I track.[/COLOR][COLOR=#00b300] :D[/COLOR][/I][/B][/QUOTE]
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