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<p>[QUOTE="gxseries, post: 1845074, member: 4373"]I kinda disagree with pricing - in reality, all you need is two buyers to battle each other to raise prices.</p><p><br /></p><p>At times, some coins may appear to be scarcer depending on the market condition and this could change over time. I also believe that there are too many variables - it's not just a matter of supply and demand. While we may be able to track historical pricing to factor in demand, supply can be a rather interesting area to tackle. For instance recently Bank of Canada has announced to release some of the hoards of gold coins that was stashed in their bank vault. Of course, this only tells you a small portion of a story - while you have total mintage of what the mint has struck, it doesn't reflect on how much coins were released to the public, how much were melted down, how high the current demand are and how much coins are stashed up by the bank, eventually impacting on price of coin.</p><p><br /></p><p>On top of that, coin appeal just makes it too complicated. No one coin are exactly the same especially circulated coins. </p><p><br /></p><p>Best of luck[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 1845074, member: 4373"]I kinda disagree with pricing - in reality, all you need is two buyers to battle each other to raise prices. At times, some coins may appear to be scarcer depending on the market condition and this could change over time. I also believe that there are too many variables - it's not just a matter of supply and demand. While we may be able to track historical pricing to factor in demand, supply can be a rather interesting area to tackle. For instance recently Bank of Canada has announced to release some of the hoards of gold coins that was stashed in their bank vault. Of course, this only tells you a small portion of a story - while you have total mintage of what the mint has struck, it doesn't reflect on how much coins were released to the public, how much were melted down, how high the current demand are and how much coins are stashed up by the bank, eventually impacting on price of coin. On top of that, coin appeal just makes it too complicated. No one coin are exactly the same especially circulated coins. Best of luck[/QUOTE]
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