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<p>[QUOTE=&quot;GoldFinger1969, post: 2109115, member: 73489&quot;]Well, <b><span style="color: #0000ff">there are over 12,000 HR 1907s</span></b>, with coins costing 5-figures for low-60&#039;s MS.&nbsp; <b><span style="color: #00b359">Akers has it 32nd and 38th for overall and high-quality difficulty; 5,000 - 6,000 coins in Mint State.</span></b> So, there&#039;s basically DEMAND driving the price up here, not scarcity.</p><p><br /></p><p>Post-1928 Saints (where the total in Mint State is a few hundred at most) usually cost mid-5 figures or low-6&#039;s.&nbsp; I&#039;m excluding a super-rarity like the 1927-D, but those coins have a fraction of the surviving mintage of the 1907 HR yet don&#039;t cost many multiples of 1907.</p><p><br /></p><p>But even a Proof with only 58 known coins (the 1913) looks to sell for about the same ballpark as the 1907 UHR, despite there being 200x as many of the latter available.&nbsp; Clearly, the price differential (whatever it is now for each grade) is not reflective of the supply. <b> It&#039;s the demand for the 1907.</b></p><p><br /></p><p>I would venture to guess that many coin collectors or just historians value the 1907 for Saint-Gaudens and aren&#039;t interested in collecting all the obscure dates.&nbsp; So lots of people chasing the 1907 but very few concerned with other years like the 1913 Proof.</p><p><br /></p><p><br /></p><p>Akers has a total of only 25-35, and I can see your 750% increase in price being current market (book shows about 250-350%).</p><p><br /></p><p>Clearly, a few serious collectors who want the best or one of the best for every year are driving up the condition rarity on that coin @ MS-65.</p><p><br /></p><p><br /></p><p>Well, we have the Langbord 10 and there are probably maybe up to a dozen others (from what I have read) that may be in the U.S./Europe but which nobody will admit to because they fear a knock on the door from the Secret Service.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><b><span style="color: #0000ff">1933 ?&nbsp; We know the mintage -- 445,500 -- we just don&#039;t know how many got &#039;exchanged&#039; out of the mint before FDRs edict went into effect.</span></b></p><p><br /></p><p>I never said the pricing of 1907 HRs was &#039;irrational&#039; -- at least I hope I didn&#039;t.&nbsp; It&#039;s clearly a very available coin but there is heightened demand because it&#039;s the only HR in the series (barring the 1907 UHR @ 20-200x the cost).&nbsp; Again, I think that there are 3 coins that are the most famous Saints:&nbsp; the 1907 UHR, the 1907 HR, and the 1933.&nbsp; With the first and third impossible based on cost and/or supply, the 1907 becomes a pricey but within-reach for folks who want a High Relief coin.</p><p><br /></p><p>I&#039;m sure there are non-coin collectors who just have 1 coin and it&#039;s a 1907 HR.&nbsp; Artsy-thing, I guess.&nbsp; Akers says it&#039;s the most beautiful REGULAR issue coin ever minted.</p><p><br /></p><p><br /></p><p>Oh yes, I am quite aware.&nbsp; And as many are put away, scarcity tends to increase over time.</p><p><br /></p><p>Right now I&#039;m just selectively collecting favorites.&nbsp; No registry collecting or anything like that -- yet. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>What is it about the 1908 Motto that you like so much ?[/QUOTE]</p><p><br /></p>

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