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<p>[QUOTE=&quot;Blaubart, post: 1553718, member: 37498&quot;]Interesting thread.&nbsp; Two things:</p><p><br /></p><p>1.&nbsp; Of course price guides merely &quot;report&quot; observed prices, but they also have one of the strongest influences on the very prices they&#039;re &quot;reporting&quot;.&nbsp; When people say guides only &quot;report&quot; the prices, that leads many people to assume the assertion is they have no influence on price, which of course isn&#039;t true.&nbsp; Because, in many sales, the price guides do &quot;set&quot; the price.&nbsp; Or at least the starting price and minimum price a dealer would be willing to accept.&nbsp; Where the buyer and seller reach an agreement is anyone&#039;s guess.</p><p><br /></p><p>2.&nbsp; Due to the nature of the market and that supply rarely changes after a coin has ceased to be produced, of course demand in the coin market is what causes fluctuations, but don&#039;t think for a second that supply isn&#039;t just as important.&nbsp; When people comment about a particular low mintage coin that does not command a high price in the market as proof, that isn&#039;t proof.&nbsp; For every example of low mintage numbers not commanding a high price, I can show you ten examples where the opposite is true.&nbsp; The only thing that means is that not very many people are interested in buying that particular coin, so the relatively low number of coins in existence are sufficient to satisfy demand.&nbsp; To convince me otherwise, you&#039;d first have to show that all coins are equal.[/QUOTE]</p><p><br /></p>

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