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Message:: [QUOTE="illini420, post: 637619, member: 19423"]Hate to say it cause I have over 30 of them, but right now I think the 1908-S IHC is overpriced in all circulated grades.   Check the Jan '09 to the current Greysheet and you'll see a huge jump in prices, practically doubling in some grades and over 50% higher in most grades.  Why???  Same as always, supply and demand probably. While I do think the prices were too low in Jan '09, they are now just crazy.  Personally, I'd like to take some of the blame for it too.  Since Nov '08 I've purchased over 50 of them in working on my grading set, around 40 in PCGS holders and another 10-20 or so raw.  When I started I purchased every single PCGS graded 1908-S that I could find on eBay and on dealer websites.  If it was available, I bought it... I pretty much did this for the next 3-4 months or so and prices kept going up.  At the same time, I know another person was working on a 1908-S IHC grading set as well, buying everything he could find. Is one or two people enough to move a market that much??? probably not for an entire market, but probably enough for a single date/mm...   For any coin, when one or more folks decide to hoard, prices eventually go up to a point where they become overvalued.  Again, not sure if I and this other guy could really have that much of an effect, but until I hear a better answer, I think we may have.[/QUOTE]