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What do you consider "low mintage" for a US coin?
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<p>[QUOTE="baseball21, post: 2476212, member: 76863"]Agreed. Internet buying has certainly surpassed local buying by now given that you just have to go over to the computer and have access to a countless number of coins as opposed to making a drive and hoping something is good there. Coin shows you see this the most with fewer and fewer people footing the expense to travel there and the show markets often being much more local than people flying in for it. </p><p><br /></p><p>Your point about shops is one a lot of people seem to forget. In the old days it was shops and shows, today we have collectors that have never set foot in either. Just like you can find almost all the information online without having to buy any books or subscribe to any magazines. </p><p><br /></p><p><br /></p><p><br /></p><p>Aside from all of the online sales that actually is solid evidence. 250k people could in no way support these price levels on their own. If they had enough money to buy every coin in sight they likely wouldn't be buying three and four figure coins. </p><p><br /></p><p>I think 2 mil is a low estimate in my opinion, but it is certainly in the millions if not 10s of millions and not the hundreds of thousands. I am not sure what the survey being referred to is but if it left out online activity there is no reason to think it holds any weight given that it didn't bother to include the largest part of the market. </p><p><br /></p><p><br /></p><p><br /></p><p>I don't either. Sure some people hoard everything they can find but the shift from quantity to quality over the years has certainly diminished the hoarding mentality in a lot of people. Not to mention the actual size those hoards would have to be for so few people to be supporting the amount of sales we see every month. Their mail boxes would like like a TPGs.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 2476212, member: 76863"]Agreed. Internet buying has certainly surpassed local buying by now given that you just have to go over to the computer and have access to a countless number of coins as opposed to making a drive and hoping something is good there. Coin shows you see this the most with fewer and fewer people footing the expense to travel there and the show markets often being much more local than people flying in for it. Your point about shops is one a lot of people seem to forget. In the old days it was shops and shows, today we have collectors that have never set foot in either. Just like you can find almost all the information online without having to buy any books or subscribe to any magazines. Aside from all of the online sales that actually is solid evidence. 250k people could in no way support these price levels on their own. If they had enough money to buy every coin in sight they likely wouldn't be buying three and four figure coins. I think 2 mil is a low estimate in my opinion, but it is certainly in the millions if not 10s of millions and not the hundreds of thousands. I am not sure what the survey being referred to is but if it left out online activity there is no reason to think it holds any weight given that it didn't bother to include the largest part of the market. I don't either. Sure some people hoard everything they can find but the shift from quantity to quality over the years has certainly diminished the hoarding mentality in a lot of people. Not to mention the actual size those hoards would have to be for so few people to be supporting the amount of sales we see every month. Their mail boxes would like like a TPGs.[/QUOTE]
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What do you consider "low mintage" for a US coin?
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