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wildwinds rarity R4.......
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<p>[QUOTE="dougsmit, post: 1836645, member: 19463"]Each volume of RIC uses different standards for assigning R values. For RIC VII, see page xix. All refer to the number of museums on their list that report having the coin. R5 here means that only one museum had one. R4 means that 2 or 3 did. C3 means that over 40 did. They made no effort to track specimens in private collections. I have seen people show five examples of an R5 coin just to make the point that they are not 'unique'. These rarity ratings may be accurate and may be very misleading. If I found a hoard containing fifty identical mint state coins of a type previously unknown and gave them to a museum, they could share them with 49 of their friends making that coin completely unavailable in the commercial market but C3 in RIC VII terms. If I found a mint sack of 5000 identical coins of something previously R5, the coin would still be R5 unless there were a new edition of RIC AND several museums bought a coin. This is not as likely to happen in the UK where the government would make sure some of the new find got into the museums but it is a real possibility elsewhere.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1836645, member: 19463"]Each volume of RIC uses different standards for assigning R values. For RIC VII, see page xix. All refer to the number of museums on their list that report having the coin. R5 here means that only one museum had one. R4 means that 2 or 3 did. C3 means that over 40 did. They made no effort to track specimens in private collections. I have seen people show five examples of an R5 coin just to make the point that they are not 'unique'. These rarity ratings may be accurate and may be very misleading. If I found a hoard containing fifty identical mint state coins of a type previously unknown and gave them to a museum, they could share them with 49 of their friends making that coin completely unavailable in the commercial market but C3 in RIC VII terms. If I found a mint sack of 5000 identical coins of something previously R5, the coin would still be R5 unless there were a new edition of RIC AND several museums bought a coin. This is not as likely to happen in the UK where the government would make sure some of the new find got into the museums but it is a real possibility elsewhere.[/QUOTE]
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