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<p>[QUOTE="samclemens3991, post: 26107424, member: 82181"]Well said [USER=1101]@JBK[/USER]. Rarity is one of those buzz words that set some people off. I have seen rants that, "There are no rare American coins!" They usually proceed to show you some Peruvian coin with a mintage of 2.4 anf they own the .4</p><p> Other people will show a coin they think is rare because it is a specific die marriage or condition. Some people will wail that those are conditional rarities and simply do not count.</p><p> I personally use my use of time to determine rarity. If I can buy 5 of them right now it is not rare. If it takes a good month or so to find an attractive piece. It is slightly scarce. If it takes a year or more to find even 1 or 2 pieces for sale than the coin is potentially rare. If you have been looking more than 5 years I don't care if it is conditional, a variety, or struck in Peru. The coin is probably rare.</p><p> Whether or not this rare coin will cost you a few dollars, a few hundred or many thousands is just a matter of how many other people have discovered that particular coin. James[/QUOTE]</p><p><br /></p>
[QUOTE="samclemens3991, post: 26107424, member: 82181"]Well said [USER=1101]@JBK[/USER]. Rarity is one of those buzz words that set some people off. I have seen rants that, "There are no rare American coins!" They usually proceed to show you some Peruvian coin with a mintage of 2.4 anf they own the .4 Other people will show a coin they think is rare because it is a specific die marriage or condition. Some people will wail that those are conditional rarities and simply do not count. I personally use my use of time to determine rarity. If I can buy 5 of them right now it is not rare. If it takes a good month or so to find an attractive piece. It is slightly scarce. If it takes a year or more to find even 1 or 2 pieces for sale than the coin is potentially rare. If you have been looking more than 5 years I don't care if it is conditional, a variety, or struck in Peru. The coin is probably rare. Whether or not this rare coin will cost you a few dollars, a few hundred or many thousands is just a matter of how many other people have discovered that particular coin. James[/QUOTE]
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What makes a "rare" coin ?
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