Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What do you consider "low mintage" for a US coin?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 2476042, member: 26302"]Based upon what? A guess? The 250,000 number what put together looking at mailing lists versus non-mailing list customers of large firms, numismatic subscriptions, coin show attendance, registered users for online coin sites, and tons of other REAL data. From that they extrapolated an overall number of people they considered collectors who purchase coins for a collection. Does it include bullion holders, people who keep "unusual" change, or those who inherited some old silver dollars from grandma? No, but one cannot expect those to be "demand" for future sales of rare coins, can they?</p><p><br /></p><p>Yes, I do consider it unreasonable to pick a number out of the sky and assume that represents anything. Its the same innane argument that the PM people put forth, "most people on earth cannot own an ounce of silver, there is not enough to go around". Most people on earth have ZERO interest in owning an ounce of silver, and even fewer care one with about a collectible coin.</p><p><br /></p><p>An "estimate" should be just that, a reasoned approximation with data to support it.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2476042, member: 26302"]Based upon what? A guess? The 250,000 number what put together looking at mailing lists versus non-mailing list customers of large firms, numismatic subscriptions, coin show attendance, registered users for online coin sites, and tons of other REAL data. From that they extrapolated an overall number of people they considered collectors who purchase coins for a collection. Does it include bullion holders, people who keep "unusual" change, or those who inherited some old silver dollars from grandma? No, but one cannot expect those to be "demand" for future sales of rare coins, can they? Yes, I do consider it unreasonable to pick a number out of the sky and assume that represents anything. Its the same innane argument that the PM people put forth, "most people on earth cannot own an ounce of silver, there is not enough to go around". Most people on earth have ZERO interest in owning an ounce of silver, and even fewer care one with about a collectible coin. An "estimate" should be just that, a reasoned approximation with data to support it.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What do you consider "low mintage" for a US coin?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...