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<p>[QUOTE="GoldFinger1969, post: 5585797, member: 73489"]I see the price drops the last few years, yes. But we've seen even bigger drops in non-PM U.S. coins (Barbers, Franklins, etc.). So on a relative basis, I wonder about the supposed excessive supply situation with High Relief Saints since their % drop mirrors lots of other American coins.</p><p><br /></p><p><i>Have you read or seen or heard anything other than anectdotal evidence of the 1907 HR's "piling up"?</i></p><p><br /></p><p>The UHR's are totally separate since there's basically < 20 of the coins/patterns.</p><p><br /></p><p>12,367 is the best number I've seen, as per Roger Burdette's book.</p><p><br /></p><p>I think if there ARE lots of 1907 HR Saints "piling up" it's been a slow, steady creep of older folks/estatese who held them for decades and then they or their heirs are just unloading them.</p><p><br /></p><p>And whereas coin collecting was a major activity of kids in the 1930's thru 1970's, you don't see the numbers or intensity today that you did back then (by most estimates). So folks who might have dreamed of getting such a coin when they were kids and knew they would have to wait until they grew up....well....today's kids don't even KNOW about such coins (I was a late-comer myself).</p><p><br /></p><p>An outlier....almost certainly undergraded since that is what an MS65 often sells at.</p><p><br /></p><p>I like flawed arguments that don't get rebuttals, helps me win lots of debates that way. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 5585797, member: 73489"]I see the price drops the last few years, yes. But we've seen even bigger drops in non-PM U.S. coins (Barbers, Franklins, etc.). So on a relative basis, I wonder about the supposed excessive supply situation with High Relief Saints since their % drop mirrors lots of other American coins. [I]Have you read or seen or heard anything other than anectdotal evidence of the 1907 HR's "piling up"?[/I] The UHR's are totally separate since there's basically < 20 of the coins/patterns. 12,367 is the best number I've seen, as per Roger Burdette's book. I think if there ARE lots of 1907 HR Saints "piling up" it's been a slow, steady creep of older folks/estatese who held them for decades and then they or their heirs are just unloading them. And whereas coin collecting was a major activity of kids in the 1930's thru 1970's, you don't see the numbers or intensity today that you did back then (by most estimates). So folks who might have dreamed of getting such a coin when they were kids and knew they would have to wait until they grew up....well....today's kids don't even KNOW about such coins (I was a late-comer myself). An outlier....almost certainly undergraded since that is what an MS65 often sells at. I like flawed arguments that don't get rebuttals, helps me win lots of debates that way. :D[/QUOTE]
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