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<p>[QUOTE="medoraman, post: 1668968, member: 26302"]Yeah, that is what I never liked about US coins. "Keys" that are way overpriced relative to their rarity. When every single coin show you can go in and buy a 09sVDB, how is that rare?</p><p><br /></p><p>At this point, I believe way more than half the value of all US keys, (at least 20th century keys), is because they are KNOWN AS keys. Not due to any real rarity or demand. Heck, there are tons of collector/investors who ONLY own what is a "key date". A lot of numismatic "investment experts" tell everyone to only "invest" in keys. The only real demand for "keys" is from those trying to put together a complete set. I simply see fewer and fewer people trying to put together complete sets of mercuries, IHC, wheats, and the like. Therefor, I see the REAL demand for these declining, while prices keep going up. I see a train wreck on prices for these "keys" in the future, when "investors" try to cash out of keys, and find the real demand is not what it once was.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1668968, member: 26302"]Yeah, that is what I never liked about US coins. "Keys" that are way overpriced relative to their rarity. When every single coin show you can go in and buy a 09sVDB, how is that rare? At this point, I believe way more than half the value of all US keys, (at least 20th century keys), is because they are KNOWN AS keys. Not due to any real rarity or demand. Heck, there are tons of collector/investors who ONLY own what is a "key date". A lot of numismatic "investment experts" tell everyone to only "invest" in keys. The only real demand for "keys" is from those trying to put together a complete set. I simply see fewer and fewer people trying to put together complete sets of mercuries, IHC, wheats, and the like. Therefor, I see the REAL demand for these declining, while prices keep going up. I see a train wreck on prices for these "keys" in the future, when "investors" try to cash out of keys, and find the real demand is not what it once was.[/QUOTE]
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